Business Decision Making Project

This project analyzes the impact of multi-channel shopping on high street shops and malls. It uses data collected from students to understand their shopping preferences and the role of technology in their purchasing decisions. The project also explores the use of information systems, critical path analysis, and financial tools for effective business decision-making.

Business Decision making

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1: Data collection plan from students across all campuses......................................................1
1.2: Research methodology and sampling framework................................................................2
1.3: Designing a set of questionnaire..........................................................................................3
TASK 2............................................................................................................................................5
2.1: Interpretation data collected from the research by using representative value....................5
2.2: Analysing of results of the research and draw proper conclusion .....................................8
2.3: Analysing the data as measure of dispersion.......................................................................8
2.4 Role of quartiles, percentiles and the correlation coefficient to draw useful conclusion......9
TASK 3............................................................................................................................................9
3.1: Analysing through using various charts and graphs...........................................................9
3.2: Trend line...........................................................................................................................14
3.3: Covered in poster...............................................................................................................15
3.4: Formal report......................................................................................................................15
TASK 4..........................................................................................................................................15
4.1 Importance of type of various information system.............................................................15
4.2 Critical path and Gantt chart subject to attain estimated things..........................................17
4.3 Implication of financial tools for better understanding decision making process..............19
CONCLUSION..............................................................................................................................20
REFERENCES..............................................................................................................................21

INTRODUCTION
Nowadays, it has been seen that technological innovation has made people think to
change their perception to becomes more concern about increasing the standard of living. With
the help of multi-channel shopping social cites are playing one of the major role in attracting
more toward online shopping. The “Walmart” is one of the major shopping market where all
essential products as per the requirements of customer are already available. This will assist them
to not move from anywhere to buy products. This project research aims to collected necessary
information about impacts on high street shops and mall with the opening of multi-channel
shops. For this purpose, an effective data collection plan with appropriate methodology is being
made to get more valuable outcome for the company. Analysis of data is done through using
measure of dispersion and measure of central tendency. Reporting of all effective findings that
are collected from the research work are summaries through using charts that are helpful at the
time of preparing report of the company. With appropriate collection of data to make valuable
decision making are done in effective manner (Barlett, 2016).
TASK 1
1.1: Data collection plan from students across all campuses
A research is a said to be effective system of investigation into the study material and
sources in respect to determine facts to reach at new outcomes. It is methodical examine in
respect to show a hypothesis or reach certain conclusion. As per the mentioned case of
technological innovations that is being seen in plenty of students that are using apps and
interested in shopping in any free period of time. They used to buy online as well as offline mode
to shop various products as per there requirements. To known about their perception every day
experiences about using technological changes a well organise research is being conducted. This
major sources of data collection is being taken from young students from various campuses and
from those that are visiting regularly into shopping malls. In this process researchers would be
liable to use two important data collection methods (Beach and Lipshitz, 2017). Such as:
Primary sources: It is known as utmost important source because the data gathered from
this particular sources in more real and accurate. The chances of bias is not there so that better
outcomes can be attain more likely. Some of vital categories of this sources is discussed
underneath:
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 Interviews: It is one to one interaction among student to determine, whether perception
of students those are using of digital facilities are satisfied from there services.
 Questionnaire: It happens to be the set of printed or written questions with having
multiple answers for the purpose of research or any statistical study. This sources can
easily be helpful to get more reliable outcomes without making any direct link.
Secondary sources: It is known as appropriate data that are collected through someone
other than the users. These are basically used data that are already been published or uses by
someone else. The major sources of data collection is taken from journals, statements and past
records (Blondel and Müller-Rommel, 2016).
1.2: Research methodology and sampling framework
In respect to conduct a well organise research work, it is essential to make use of
appropriate methods that are reliable in making business decisions more effective. The methods
can consists of publication research, interviews and other researchers tools that could consists of
both present and historical data gather from this particular research. Method will be used to
conduct research in more consider manner as a good practices that is helpful in respect to get
more perfect sampling of students groups. There are various research method that get use to
determine for a project which is required by managers of a company while making proper
consultants with experts parties. Walmart need to come into online shopping aspects in well
organise manner that is being used to determine things in more better manner. Henceforth, they
want to analyse appropriate consideration of various aspects for which effective questionnaire
research will be going to be taken places. In this respect, different research methodologies get
take place that are discussed underneath:
Qualitative research: This particular research is based on numerical aspects of number
that are collected during research work. It aims to measure the quantity or amount and compare it
with past record as well as tried to estimate for future outcomes. It facilitate and enable in
designing and evaluating the better results of an organisation (Drucker, 2017). Thus,
management used to organise a research by using data that are gather for the motive of increase
value to stakeholders so that better outcomes can be attain in more effective manner. This will
results in defining advantages attributes so that important results which would be helpful in near
future time. The research tools enable in Walmart things properly so that effective aims can be
gain in future period.
2

Qualitative research method: It is known as collecting, analysing and evaluating
information through observing people perception and their specific experiences that they feel
after using shopping application or any other digital modes. It is happens to be much more
subjective and uses very hard method of collecting data to make in-depth study and focuses
group.
Descriptive research: As per this method which is used to determine characteristics of a
selected group of students from various campuses and studied in effective manner. It is more
hard to determine causes and effect outcomes collected during a research work.
Sampling method: It is one of the major aspects in decision-making process. Before
conducting any specific research, it is necessary to select appropriate respondents by using
various sampling techniques. For this particular research work a total of 60 respondents are taken
into consideration. Some of methods are mentioned underneath:
Random sampling: It happens to be utmost important sampling mode by which manager
can enable things in more better and reliable manner. The selected size would get to be done on
the basis of random method. Through which all respondents used to analyse whom does not have
any kind of connection within each other (Goleman, 2017).
Cluster sampling: As per this method, a complete set and group that is to be divided into
equal and suitable parts so that better outcomes can be attain in future period of time. This will be
liable to analyse appropriate and reliable consent in framing which is more frequent in nature.
1.3: Designing a set of questionnaire
Research is incorporated with some viewpoints and things which required to be fitting
and reliable manner. This segment required to be taken into consideration through analyst
legitimacy with the aims that they will enhance positive reactions for the growth in maximum
number of students towards digital technology. This incorporation needs to deal with 12 inquiries
on 60 respondents with open ended persons, close friends and students from various campuses.
QUESTIONNAIRE
Name:
Age:
Gender:
Email:
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Q1: In which categories of age you belongs to ?
 18-25
 25-30
 30-40
 40+
Q2: For what reason you use Online modes ?
 Shopping
 Office Work
 Learning
 Entertainment
Q3: Which mode do you preferred more for shopping ?
 Door to Door
 Traditional
 Online
 Mobile Apps
Q4: How often do you wish to shop by using Online ?
 Regularly
 Rarely
 Occasional
 Never
Q5: Do you think Internet is right option to you ?
 Strongly agree
 Agree
 Disagree
 Can't say
Q6: Do you face risk that are arises during online shopping ?
 Particularly
 Agree
 Disagree
4

 Can't says
Q7: At the time of purchasing products over the internet price really matter ?
 Always
 Sometimes
 Never
Q8: The main reason behind your buying decision ?
 To get better quality
 Trust
 Prices
 Other
Q9: Did you face any kind of issues while shopping online ?
 Yes
 No
 Can't says
Q10: Feel Free to provide any specific suggestion from your side. If any?
Ans.
TASK 2
2.1: Interpretation data collected from the research by using representative value
It is an important mode by which the actual impacts of review collected from students are
taken into accounts in more reliable and account manner. Data analysis is basically, primary
mode by which it need to determine outcomes in more proper manner so that maximum growth
opportunities can be attain in near future period of time. From the research, the different values
used to be taken into consideration that present effectively understanding and present with the
aims through which important matters can be attain in more quick period of time. In this various
values in respect to get more presentation by which effective capabilities can be mention through
measure of central of tendency (Measures of Central Tendency, 2013). This will assist important
outcomes by drawing a crucial benefits in consideration with proper formulation of working
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management tools and techniques. This would represent proper analysis in order to get proper
results in order to suitable align information into considerations.
Q1: In which categories of age you belongs to ?
Particular respondent in %
18-25 35
25-30 15
30-40 8
40 2
Total 60
mean 15
Median 11.5
Mode 1
Q2: For what reason you use Online modes ?
Particular respondent in %
Shopping 25
Office Work 10
Learning 20
Entertainment 5
Total 60
mean 15
Median 15
Mode 0
Q3: Which mode do you preferred more for shopping ?
Particular respondent in %
Door to Door 10
Traditional 12
Online 25
Mobile Apps 13
Total 60
6

mean 15
Median 12.5
Mode 10
Q4: How often do you wish to shop by using Online ?
Particular respondent in %
Regularly 25
Rarely 10
Occasional 15
Never 10
Total 60
mean 15
Median 12.5
Mode 5
Q5: Do you think Internet is right option to you ?
Particular respondent in %
Strongly agree 15
Agree 25
Disagree 15
Can't say 5
Total 60
mean 15
Median 15
Mode 0
Q6: Do you face risk that are arises during online shopping ?
Particular respondent in %
Particularly 10
Agree 25
Disagree 15
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Can't says 10
Total 60
mean 15
Median 12.5
Mode 0
Q7: At the time of purchasing products over the internet price really matter ?
Particular respondent in %
Always 25
Sometimes 15
Never 20
Total 60
mean 20
Median 20
Mode 5
Q8: The main reason behind your buying decision ?
Particular respondent in %
To get better
quality 22
Trust 25
Prices 10
Other 3
Total 60
mean 15
Median 16
Mode 1
Q9: Did you face any kind of issues while shopping online ?
Particular respondent in %
Yes 45
8

No 10
Can't says 5
Total 60
mean 20
Median 10
Mode 0
2.2: Analysing of results of the research and draw proper conclusion
According to the above research, it has been determine that there are various number of
things that are needed to be look regarding Walmart for there overall experiences and thinking. It
is required to be make better mode by an individual so that proper outcomes and suitable gains
on the basis of all research data, female and male are determine with the time using online
services for buying various products from online as personal use. This used to provide internet
expansion and various crucial aspects that are needed to be taken into consideration so that more
reliable outcomes can be attain in near future period of time. Apart from this, shopping is more
essential points for which plenty of individual data can be incurred in effective manner. This will
required to determine through an individual that they would gain significant outcomes from the
prepared design (Rao and Tilt, 2016). This will be helpful to attain more reliable to
understanding various problems that used to get which is not being used to a particular manner.
All the aspects and matters are needed to be account and manage their working ability in more
effective manner so that more reliable outcomes can be attain in more quick time. It has been
analyse that product and services are needed in effective evaluation in Walmart so that they
would implement right kind of techniques which is further reliable to attain more effective results
in near future.
2.3: Analysing the data as measure of dispersion
Ratings R1 R2 R3 R4 Standard Deviation Variances
1 35 15 8 2 14.3527000944 205.9
2 25 20 10 5 9.1287092918 83.17
3 10 12 25 13 6.7823299831 45.96
4 25 10 15 10 7.0710678119 59.29
5 15 25 15 5 8.1649658093 66.58
6 10 25 15 10 7.0710678119 59.29
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7 25 15 20 0 10.8012344973 116.64
8 22 25 10 3 10.295630141 116.58
9 45 10 5 21.7944947177 474.8
From the above table, it has been seen that all the data collected from various 60
respondents are analyse by using standard deviations which is mainly determine through using
online method of shopping. This online medium used to provide appropriate management to their
every day operation which enable them to reach at their set destination.
2.4 Role of quartiles, percentiles and the correlation coefficient to draw useful conclusion
Quartiles: it is a statistical term which is used to describe a division of observation in to
four defined intervals based upon the moral values of the data and how they compare to the entire
set of observation. This is mainly helps to communicate and evaluate the values to understand the
median measure of central tendency (Rothman, 2017).
Percentile: this is one of the essential aspect which helps to determine the percentage of
the total values and multiplication with hundred. There are some values are defined in this
context related to presenting information in effective manner and analysing the relevant figures.
Correlation coefficient: this is one of the statistical method used to analyse and measure
string relation between two variables. There are types of correlation coefficient are measured in
statistical form to Calculate results. A correlation coefficient of 1 indicates that for every position
increase one variable. The positive increase or a fixed proportion is used in this context. A
correlation of coefficient of -1 indicates towards the portion of positive in respect of one variable,
and the negative aspect indicates towards a fixed proportion in the other.
TASK 3
3.1: Analysing through using various charts and graphs
Q1: In which categories of age you belongs to ?
10

18 to 25 25 to 30 30 to 40 More than 40
0
5
10
15
20
25
30
35
40 35
15
8
2
respondent in %
Q2: For what reason you use Online modes ?
Shopping Office Work Learning Entertainment
0
5
10
15
20
25
30
25
10
20
5
respondent in %
Q3: Which mode do you preferred more for shopping ?
11

10
12
25
13
Door to Door
Traditional
Online
Mobile Apps
Q4: How often do you wish to shop by using Online ?
Regularly Rarely Occasional Never
0
5
10
15
20
25
30
25
10
15
10 respondent in %
Q5: Do you think Internet is right option to you ?
12

15
25
15
5
Strongly agree
Agree
Disagree
Can't say
Q6: Do you face risk that are arises during online shopping ?
Particularly Agree Disagree Can't says
0
5
10
15
20
25
30
10
25
15
10 respondent in %
Q7: At the time of purchasing products over the internet price really matter ?
13

25
15
20
Always
Sometimes
Never
Q8: The main reason behind your buying decision ?
To get better quality Trust Prices Other
0
5
10
15
20
25
30
22
25
10
3
respondent in %
Q9: Did you face any kind of issues while shopping online ?
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45
10
5
Yes
No
Can't says
3.2: Trend line
year Sales profit
2018 150000 40000
2019 200000 45000
2020 250000 52000
1 2 3
0
50000
100000
150000
200000
250000
300000
150000
200000
250000
40000 45000 52000
Trend line
Sales
Linear (Sales )
profit
Linear (profit)
From the above trend line, it has been seen that there is continuous increment in total
sales because of which profitability of the Walmart is increasing effective in coming period of
time. At the 150000 of sales they are able to earn a health return of 40000. The linear line is
indicating straight growth in near future time. While sales line in increasing at faster rate.
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3.3: Covered in poster
3.4: Formal report
The manager
Walmart
Dated: 15th May 2018
Subject: Subject to use of technology and decreasing in offline shopping
there is a business expansion plan of introducing digital technology in online shopping. There
are some essential aspects are also considered in subject to business plans. The main purpose of
facilitating information is to get appropriate results and outcomes form customers. The main
purpose of introducing mobile and web technology is to promote the online shopping and sale
of product and increase the market share (Sekaran and Bougie, 2016). As per past trend it is
analysed that the digital technology has been dramatically used by organisations to boost the
business structure of organisation. E-commerce websites, mobile applications are the main tools
which are used by organisation to boost the structure of organisation. There is an analysis of
digital market and online shopping done and positive outcomes and results are found in respect
of growth and development of organisation. Increased amount of customers records form past
years in respect of online shopping and sale of products. It is consulted with the small traders
and street shops that what is the impact fall upon business by introducing digital technology
within the business and favourable reviews come across in respect of introducing the digital
technology in business. This will enable organisers and managers in terms of dividing the
pricing with effective enhancement tools. This will enhance the overall structure with working
and operations of business. There are type of methodology and research methods are used and
there is a survey made and questionnaire distributed 60 respondents. Positive aspects are
considered with the research.
TASK 4
4.1 Importance of type of various information system
There are type of methods and terminology are used to analyse the effective decisions and
plans to lead new business ideas, project and tasks. are type of information tools are used with in
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organisational context to sort out the business plans and complex business situations. It is very
important for organisation to get accurate information, details and data related to business
expansion plans, projects and task. There are some certain levels and stages are made in terms of
making the plans and structure of business towards sustainable success of organisation. It is one
of the essential aspect in terms of deploying strategies and plans for better understanding the
business plan and structure. The divisional structure and the level of transaction systems are the
essential elements of an organisation in terms of operating and managing the functions in
effective manner (Shapiro and Stefkovich, 2016).
With the use of type of information systems managers and accountants be able to make
effective plans and the strategies related to future growth and development of organisation. Not
only the essential aspects are considered in this context which are used for better application and
forecasting of plans but also assist the decision making process with accurate information. It is
require for managers to implement appropriate information tools for better forecasting and
making plans for sustainable growth and development of organisation. The main information
tools are defined as follows;
l Transaction processing system (TPS): organisational structure mainly divided in three
major parts operational, middle and superior level. It becomes difficult for organisation to
execute important information and details at each level. TPS system provides a path to
present important information to different levels of organisation. This system is basically
used by business entities to bifurcate the task and projects in individual parts and sections.
Moreover there are some sections and the possible aspects are considered in business
operation. Moreover these information not only assist the system in undivided structure
but also set the time lines for individual projects (Wheelen and et. al., 2017). This system
contain the software, programs, combination of hardware and software which assist the
transaction processing.
l Management information system (MIS): this is one of the essential system which helps
to present the computer based financial information to managers and accountants. This is
the study which helps to determine the main aspects related to people, technology and
organisation. This system majorly remain associated with technology and to improve the
quality of management decisions. This not only assist the structure of business but also
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plays vital role in respect of resolving the complex business equations (Zavadskas and et.
al., 2016).
l Decision support system (DSS): This is the system which helps to determine the
essential decisions and making plans in effective manner. More over the information
remain associated with analysing the sustainability of business plans, tasks and projects.
Information and details are provided in computerised format and structure. This support
system is used by managers in those conditions when large number of data and
information are required to sort out. There are type of information are used and
summarised in with the different information tool with the help of central tendency.
4.2 Critical path and Gantt chart subject to attain estimated things
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1+3+5+6+9+10 = 34 days
1+4+8+5+6+7+9+10 +50 days
As per above analysis there are some critical path defined in this context. There is a
critical path is prepared in terms of making the effective execution of task and projects. The
critical path basically helps to determine the essential aspect in respect of determining the
deadline and schedule of tasks.
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4.3 Implication of financial tools for better understanding decision making process
NPV: net present value is the method used by managers to analyse the sustainability of
capital investments and projects. This basically helps to determined the difference between the
present value of the future cash flows form an investment and the amount which is invested in
initial stage. Present value factor is the essential element which helps to determine the
sustainability and profitability of capital projects. The capital project which contains positive
present value are adopted by organisations. This is the value which is invested in current year and
compounding value in future (Zeng, Chen. and Li, 2016).
IRR: this is one of the important capital appraisal technique which helps to determine the
internal rate of return in respect of determining the profitability and sustainability of project. This
is considered as a metric equation which not only assist the organisational structure of business
and the profitability of potential investors. It is considered as a discounted rate which helps to
determine the net present value of all cash inflows from a particular project equally. This is one
of the essential aspects related to internal rate of return and used in capital budgeting to evaluate
the profitability of potential investment.
Year Cash flows %PV factor Net present value
0 -15000 10.00% -1500
1 8000 0.9090909091 7272.7272727273
2 10000 0.826446281 8264.4628099174
3 5000 0.7513148009 3756.5740045079
4 5000 0.6830134554 3415.0672768254
Total 13000 21208.8313639779
NPV 7,008.03
Internal rate of return 34.77%
As per above analysis the net present value is analysed as 7008.03. and the internal rate of
return is calculated as 34.77%. the present value factor is calculated with on the basis of 10% and
the net cash inflows are evaluated as 21208.83. over all the results show positive resluts and net
present value of project also show positive results. Project should be adopted by organisation.
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CONCLUSION
Business decision making process is one of the important concept found in organisational
context subject to boost the level of business and enhance the scope of business at next level.
There is an analysis of information related to business expansion plans is defined in this report.
There are type of information are collected with the help of primary and secondary research
method. Data and information are summarised in short format subject to analyse the growth plan
and model in respect of determining the sustainability of project plans. Information related to
business expansion is presented in graphical and chart form. Use of computer based information
are analysed in respect of determining the sustainability of business projects.
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