Business Decision Making Assignment - Donald Duque

Added on - 21 Jul 2020

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ASSESMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1: Overview regarding stationary businesses......................................................................1TASK 2............................................................................................................................................22.1: Total annual spending on writing/drawing material per capita income..........................2TASK 3............................................................................................................................................33.1: Evaluating total sales figure of Duques from last couple of year...................................3Table in appendix...................................................................................................................3(b): Mixed pie-chart................................................................................................................4(c): Correlation cost effectiveness by presenting scatter graphs............................................4(d): Future estimated total sales..............................................................................................5TASK 4............................................................................................................................................6(a): Analysis of problem and conclusion................................................................................6(b): ISO those are required to follow by Donald Duque........................................................6TASK 5............................................................................................................................................7(a): Calculation of monthly cost regarding repayment of loan for 30years...........................7(b): Re-calculation of monthly cost after application of interest...........................................7TASK 6............................................................................................................................................8TASK 7............................................................................................................................................9(a): Suggestion for improvement............................................................................................9(b): Descriptive statistics......................................................................................................10Covered in Appendix............................................................................................................10TASK 8..........................................................................................................................................10Overall summary..................................................................................................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12Appendix: 1....................................................................................................................................13(a): Total sales......................................................................................................................13(b): Descriptive statistics......................................................................................................13
INTRODUCTIONIn accordance to stationary business which is growing at very faster rate in plenty ofindustries. Data analysis is said to be an essential aspect fro every business organisation, whetherassociated to medium and small or wide organisation. This will be helpful for enhancing positivereputation of Donald Duque that are presented in their ongoing business to evaluate presenttrends those are helpful in attainment of sustainable future. This particular project is providingcrucial data regarding operation of stationary business in Germany. They wants to makeexpansion of their business for this purpose they are analysis market trend and all related factorsthose are affecting the overall performances of an organisation. They are not being able to selltheir products immediately to their customers because of low customers base (Öberg and et. al.,2011).TASK 11.1: Overview regarding stationary businessesFor the purpose of expansion of business organisation needs to prepare an effective planin proper manner. In present time the condition of the wholesale market of stationary is in stablefor its expansion. The management has decided to expand its business from Northern France tothe Germany as the situation of the market of Germany is suitable for the organisation in orderto explore its business. As per this report it has been estimated that the total turnover of theoverall organisation is gathered by the different sectors is approx£14.8 million per year. It alsobeing determine that a total of£35.2 million is used to manufacture the different types ofwriting and drawing materials. It is as per the total consumption which are related to stationarymarket. Germany is at second position among all European nations (Bryman and Cramer, 2012).It give positive impact on the various operation of the organisation which are related to thestationary business of Germany which is determine with the total fact about 70% of the totalmajor brands which is having experienced of gaining total sales in 2015 by the organisation.Current trends and potentials :The organisation whom are performing their business in Germany they ascertaingood position in the market of Germany. Due to the positive image all these organisation havetendency to capture large number of market shares of the market which are related to thestationary products. There are abundant amount of the various products in which it shows about1
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