Research Report on Business Decision Making
Added on 2020-06-03
28 Pages4882 Words131 Views
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BUSINESS DECISIONMAKING
INTRODUCTIONEach and every business entity concerns towards making effective as well as fruitfuldecision within working environment. The reason is that, effective business decisions supports itin becoming more beneficial in terms of financial and others. Present study is based on UKCBCcollege which is operating in UK and provide educational facility to the students. Aim of thecurrent research is to analyse level of satisfaction as well as experience of the students from theeducation provided by the college. In this study, information are gathered with the help ofquestionnaire and statistical tools are applied on the data set. Apart from this, with the help ofthematic analysis data are represented and conclusion is derived that up to what extent studentsof UKCBC college are satisfied with the education system of it. At the end of project, networkdiagram, information processing tools and methods as well as calculation of investment appraisaltechniques are explained properly. Further, recommendations to the respective college is givenfor undertaking project within workplace.TASK 11.1 Create a plan in order to collect information from students of UKCB collegeAs per the given scenario of experience and satisfaction of UKCBC students, So that theyneed the primary and secondary data for effective decision.Primary Data- In which data are collected in first time in the research. Primary data arecollected by making effective survey mean that a questionnaire, calls etc. This methods is veryuseful to UKCB, so that by using such methods for collecting the primary data; it providesenough information about there student satisfaction (Suttorp and et.al., 2015). Data is collectedby filling the questionnaire or sending the questionnaire to the students. In these methods,questions are prepared and send to the student in the form of email or by getting the feedbackusing of social sites.Secondary data- Secondary data are those data which are already collected but bymaking some alternation collected information are used in the form of secondary data. In this allthe information and data are collected by using books, journals, internet sources etc. So that thismethod is refers as cost effective method for UKCB. In another. But this method requires lots oftime to take an effective collection process (Bantug and et.al., 2016). Duration of survey:- The survey will be completed in 17 days duration. 1
Location of campuses:- Wentworth House- main campus(East London), Cricklewoodcampus (North West London), Lords House campus (East London), Holborn campus (CentralLondon). They all are campus their conduct research on students about their experience andsatisfaction. In order to conducting the overall research and making proper conclusion there areseveral numbers of resources are highly required by the manager. Very basic resources which areneeded for the proper research are like human, financial and stationary etc (Danforth and et.al.,2016).Budget to carry out the research:Table 1: Budget for projectParticularsCost or expensesAnalysing the research problem120Primary data collection265Wages to the scholar 600Salary to the project manager780Stationary expenses350Cost of electricity 290Total expenses2405On the basis of the above mentioned budget section it can be said that, total 2405 GBPwill be needed for conducting proper survey and draw the conclusion. 1.2 Presenting survey methodology as well as sampling method used in the projectSampling is a process used in statistical analysis in which a predetermined number ofobservation are taken from a larger population. The methodology used to find-out the samplefrom a larger population depends on the to type of analysis being performed in the research, butmay include simple sampling or systematic sampling. The researcher can understand the students' experience and satisfaction about UKCBC, inthis way they need to conduct a survey. While conducting the survey primary data collectiontechniques are used so that by the rehearser can understand different type of point view. Whileusing the sampling techniques for collecting the information the sampling styles of such as2
random sampling (Barrick and et.al., 2015). By taking a sampling techniques an information istaken as sample and tested or examined by putting them into the sample group so that as per thesample judgement can be made. In this research report, data or informations are collected for thestudent satisfaction and there experience. Moreover, at the present study total 20 students aretaken as a sample among whom the questionnaire are distributed and responses are gatheredproperly. So that the UKCBC can identify their choice and preferences.In this research primary and secondary data both are used, in primary data the researcheruse questioner method because with this can have a close contact with the students of UKCBC.which will be help the researcher in getting different factors of integration of their experienceand satisfaction. Questioners are also used for collecting information in different campuses ofUKCBC so it is easy to get data (Yan and et.al., 2015).In Secondary data scholar will use books, journal article, and websites describing thebasic concept about the students experience and satisfaction. 1.3 Designing questionnaire to carry out research for the UKCBC collegeResearch QuestionnaireDemographic InformationName _______________Gender ______________Que. 1: From how many years you are taking education from the UKCBC college?1 year2-3 years3-5 yearsMore than 5 yearsQue. 2: What kind of facilities and services are provided by UKCBC college to you ?LibraryCanteen3
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