Business Decision Making Assignment

Business Decision Making
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Table of Conatents
Introduction....................................................................................................................................4
Task 1..............................................................................................................................................5
a)..................................................................................................................................................5
b)..................................................................................................................................................6
c)..................................................................................................................................................7
Task 2............................................................................................................................................11
a)................................................................................................................................................11
b)................................................................................................................................................12
c)................................................................................................................................................13
d)................................................................................................................................................14
Task 3............................................................................................................................................15
a)................................................................................................................................................15
b)................................................................................................................................................18
c)................................................................................................................................................19
d)................................................................................................................................................20
Task 4............................................................................................................................................21
a)................................................................................................................................................21
b)................................................................................................................................................23
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c) (d, e).......................................................................................................................................25
Conclusion....................................................................................................................................27
References.....................................................................................................................................28
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Introduction
The assignment consists of the plans used for the collection of data on the basis of the
questionnaire designed for the change in habit of the customers and the shopping platforms for
the purchasing of the products. There is also the inclusion of the survey methodology and
sampling frame. There is the calculation of mean, median mode of the data collection and
analysis of them. The measure of dispersion and conclusions from them are also stated in the
assignment. There are valid graphs depending upon the results that were achieved by the
collection of data from the questionnaire. It also includes the trend line over the 3 years with
respect to the impact that is there on the habits. There is also the inclusion of the Transaction
processing system, Management information system, Decision support system. The assignment
also includes the critical path evaluation based on the case study provided along with the
calculation of the IRR depending upon the cash flows stated.
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Task 1
a)
Create a plan for collecting data from students across all campuses.
The plan to be established for the collection of the data includes the creation of the questionnaire.
Institutes visit will be conducted to select the population for the process and get the results
related to the questionnaire. The best suitable method will be used for the collection of the data
out of the population chosen. The questionnaire is to be distributed to the population and the
results will be analysed to draw the conclusion (Clayton, 2018).
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Creation of the Questionnare
Visting Various Institutes
Selecting of Universe
Sampling Method
Distribution and filling of the questionnare from the selected sample

b)
Present the survey methodology and sampling frame used
There are various methods that can be used for the purpose of the sampling such as Mail Survey,
Telephone survey, and Personal Interview (Research Methodology, 2017). Mail survey refers to
is a self-administrated written survey conducted in case there is large population. The telephone
survey is conducted in a way that the questions are being narrated to the population and instant
feedback is taken. A personal interview is taken face to face in the respondent and series of
questions are asked to the population. The personal interview is considered for the collection of
the data.
The sampling method used by for the determination of the result is a random sampling. Samples
are taken out of the universe instead of conducting it on whole of the universe to generate the
data (Etikan, et. al., 2016). The universe taken for the calculation of the current scenario is of 60
and the population selected was of 40. The conclusions are being determined on the basis of the
results that are being availed from this population size (Singh, and Masuku, 2014).
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