logo

Design of a survey for business decision making INTRODUCTION 1 TASK 11

   

Added on  2020-09-08

18 Pages4673 Words256 Views
Business Decision Making

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Plan for collecting primary and secondary data...............................................................11.2 Survey methodology and sampling frame used................................................................21.3 Design a questionnaire.....................................................................................................32.1 Creation of information....................................................................................................42.2 Determination of mean, median and mode.......................................................................52.3 Evaluation of measure of dispersion................................................................................62.4 Determination of quartile and correlation coefficient......................................................6TASK 2............................................................................................................................................73.1 Creation of graphs and charts...........................................................................................73.2 Formulation of trend lines................................................................................................93.3 Presentation....................................................................................................................113.4 Formal business report...................................................................................................11TASK 3..........................................................................................................................................114.1 Use of software generated information in decision making process..............................114.2 Use of Gantt Chart and network diagram.......................................................................124.3 Financial tools interference for decision making...........................................................14CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16

INTRODUCTIONBusiness require more and absolute consideration and inspection of various number ofactivities so that better and appropriate judgement lead to carried down (Barlett, 2016). In thisconsideration, it require critical inspection so that better and absolute working lead to carrieddown. Management need to work in an appropriate frame by considering all major andassociated aspects. For this relation, they required to organise a survey and collect appropriateinformation through that. It will also enables to interpret the results properly which furthermanage in evaluating the things effectively. Moreover, data interpretation will lead todisseminate the information data properly for making it better understandable. The softwaregenerated information will enables in evaluating the aspects in better concentrative manner. Suchall aspects will going to bring out for Food For friends whom want to open up another outlet inLondon, UK. TASK 11.1 Plan for collecting primary and secondary dataPlanning is an important aspect for every research or data which enable and facilitate tocollect information from diverse sources (Beach and Lipshitz, 2017). There are mainly two kindsof data get determine which support in deriving best and appropriate judgement. Food Forfriends want to organise a survey which clearly focus on opening of another outlet in London,UK. Thus study could utilise the primary or secondary information so that better and effectivejudgement lead to carried down. Primary data: These are such kind of data which gather through raw sources and highlybased on personal interaction process. Primary study facilitate an option to carried downappropriate results which enable in evaluating aspects clearly which could be utilise inthe form of feedback. Various approaches for gather primary source of data isquestionnaire, personal interviews etc. Secondary data: These are such data which already lead to take place and haveconcluded by any other individual. These data could be in the form of company recordsor profile which could be analyse and assess easily and get from any internet sources(Blondel and Müller-Rommel, 2016). 1

Food For friends study lead to involve about primary data process in which questionnaire surveylead to organise properly. The plan for collecting primary source of information define as follow:Determine the cause or problem Select appropriate method for studyEvaluate or select the target audienceAnalyse the dataConclude the decision1.2 Survey methodology and sampling frame usedSurveys play an important role in order to gain and collect appropriate information fromdiverse number of individuals. Survey define and simplify various kinds of methods whichfacilitate an option to bring out positive and appropriate reflection (Drucker, 2017). Thus,following are the several number of survey methodologies which could be utilise by each andevery individual so that they lead to work in better and appropriate frame. Questionnaire: This is a primary form of data collection process where several numberof questions get asked to an individual. This enable in providing personal response ofeach and every individual so that better and appropriate understanding could bepromoted.Survey Monkey: Another data collection method depicts about survey monkey whereinformation gather through online medium or by creating questionnaire through digitalsource. This get deliver through messages which enable in gaining response of everyperson properlyWith all these aspects, several more number of considerations which support in selecting thesample is sampling frame (Goleman, 2017). There are various kinds of sampling frame could beutilise by management of FFF which are:Random samplingCluster samplingOut of various kinds of survey methods and sampling frame, FFF will going to adoptquestionnaire method and random sampling technique which enable them to target 80respondents by distributing a questionnaire includes 10 questions. 2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Business Decision Making TASK 11
|19
|4800
|429

Business Decision Making Tools - Assignment
|18
|4231
|42

Business Decision Making of UKCBC
|19
|4266
|44

Design of questionnaire for business decision making
|18
|4378
|128

Project on Business Decision making for Murano Restaurant
|17
|4352
|32

Business Decision Making Doc
|24
|5149
|336