Project Report on UKCBC college

BUSINESS DECISION
MAKING

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1: Research plan for collection of data from various sources..................................................1
1.2 Survey methodology.............................................................................................................2
1.3 Questionnaire framing...........................................................................................................3
2.1 Sum up of collected data with proper interpretation.............................................................5
2.2 Analysis of results...............................................................................................................12
2.3 Calculation of various range and standard deviation..........................................................13
2.4 Importance of quartile, percentile and correlation and coefficient.....................................14
TASK 2..........................................................................................................................................15
3.1: Presentation of data by using various graphs and charts...................................................15
3.2: Trend line graphs...............................................................................................................17
3.3 : Covered in PPT.................................................................................................................17
3.4: Formal report preparation..................................................................................................17
TASK 3..........................................................................................................................................18
4.1 Information processing tools used in decision making.......................................................18
4.2 Network diagram.................................................................................................................19
4.3 Investment appraisal ...........................................................................................................20
CONCLUSION..............................................................................................................................21
REFERENCES..............................................................................................................................22

INTRODUCTION
Business decision making is an important process that would help researchers to take
valuable decision regarding growth and development of an organisation. It is generally based on
strategies made by higher authority in relation to attain its aims and objective set by the
organization. Every decision making can lead to certain impact whether negative or positive term
that would help in success of research work (Groebner and et. al., 2011). Under this project
report a case of UKCBC college is being used to conduct a research regarding student and
faculties experience and satisfaction from the college. It help to produce a final results which can
not prompt action. In the first part of project comprises of a data collection plan from various
sources and by using appropriate methodologies. Data collection is based on conducting
questionnaires and interviews from youngsters and faculties of that particular college. In other
part of the task explains about calculation of collected data by using arithmetical mean, median
and mode. All information is being presented through different graphs and charts. And in last
cited of the project talks about various decision making tools and network diagram. After
summarising all research information valuable recommendation is being provide in relation to
UKCBC college.
TASK 1
1.1: Research plan for collection of data from various sources
In the process of data collection to measure respond of youngsters and faculties about
their experiences and satisfaction. This will help researchers to get some answers through asking
questions, testing impact of research and evaluating final outcome after all this research work.
Data would be collected from interviews, phone calls and questionnaires from various
respondents (Vercellis, 2011).
Location of data collections are from four campuses of UKCBC colleges like:
 Lord House campus
 Cricket wood campus
 Park Royal campus
 Went werth House
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The research is conducted from above mentioned four campuses will required more than
5 weeks time to know exact results and information and responses from various students and
faculties (Zsambok, 2014).
For conduction this research the minimum cost required during this process is 2000
pound and maximum is 5000 pounds. These cost are used in hiring people who are going to do
survey and to carry more than one college it will be essential to prepare total estimation of cost
incurred during that precess.
Under this research different methods of data collection includes interviews and
questionnaires or surveys and document and records preparation. Asking questionnaires from so
many students are use to know about different views and responses.
Sampling framework: Under this project report random samples is use from other
campuses of UKCBC colleges. Sample size of 100 is being used under this project to ask
questions through various group of students and faculties from other campuses.
Qualitative data collection is being used in this project because individual interviews and
target groups are being used to compile various questionnaire from number of responded.
Primary source are being focused more under this research as they are new and fresh. All
the information and data collection are being done for the first time in the colleges. While some
of the data are being use from past just to know about impact in current situations. So statistical
data are being used as secondary data to conduct this research work (Laudon and et. al., 2012).
1.2 Survey methodology
Research can not be completed without using appropriate methods in to it. This includes
systematic investigation of quantitative characteristics by asking narrow questions and collection
of mathematical data to evaluate its utility in future. Survey methodologies is being used to make
business decision. It comprises of theoretical and practical evaluation of information those are
linked with study of knowledges. Types of research used under this project are:
 Descriptive: It includes surveys and facts finding those are collected from various
students. It includes certain characteristics of a group that being studied under this project
report.
 Qualitative research: these are those research which are being used to help in depth study
of problems and cases those are being faced by the researchers. It is mainly based on
quality of research work conduct during a particular situation of group.
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Under this research two of the methods like:
Conducting interviews in following manner those are being discussed underneath:
1st is Interviews which is personal interaction between each other among students and
researchers (Maxwell, Jeffrey and Lévesque, 2011).
 Face to face interviews: These are done by interaction between student one to one. This is
done to know about their response regarding their thought and views about their
experience in UKCBC college.
 Focused group interviewed: Under this method a particular group is being selected by the
researchers in order to know common reviews and act according to their reaction.
2nd is questionnaires which a complete set of questions regarding various aspects of
students and faculties satisfaction and experiences. It is generally paper based by distributing
number of sheet to college campuses and other is online filling.
There are different methods of sampling framework which help in conducting research
from allotted population. Some of them are:
 Simple random sampling: It is a kind of statistical population under which every unit or
individual of the sequence has equal possibilities of being chosen.
 Cluster sampling: Under this method researchers divided the population into separate
groups those are said to be clusters.
 Quota sampling: Collection of representative data from the selected group. It is an
opposite of random sampling it required individual out of selected sub groups.
 Stratified sampling: It is said to probabilistic distribution of population into various
groups or strata (Pettigrew, 2014).
 Systematic sampling: Under this method large part of group is being selected according
to a random of starting point and a fixed interval of time.
From all above mentioned sampling framework the best one is random sampling because
it is easy to select a particular group of segment so that information or queries of them are easily
being resolvable.
1.3 Questionnaire framing
It is a set pattern of printed or written questions with more choice option those are
required in relation with the purpose of a research or statistical study. It is done to collect
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information from so many respondents. There are different types of questions which includes
close ended questions those are divided as:
 Dichotomous only two option are available (García, Peñalvo and Conde, 2014).
 Nominal – polytomous, where respondent has more than two options
 Ordinal – polytomous, where the respondent ordered options.
 Continuous under this respondent are available in large scale.
Research objectives of questionnaire is to know about student and faculties experience and
satisfaction from their UKCBC college.
Q1. Does the college have the facilities of library, canteen, toilets and computer lab?
a) Yes
b) No
Q2. Is UKCBC college is providing E-learning?
a)Yes
b) No
Q3. Are the college is delivering superior student enquiry service?
a) Yes
b) No
c) Can't say
Q4. How is academic help in UKCBC college ?
a) Excellent
b) Good
c) Very good
d) Bad
Q5. Is classroom facilities are appropriate?
a) Yes
b) No
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