Business Decision Making Assignment PDF 2023- Uk College
Write a report on UKCBC’s Students Experience and Satisfaction based on a survey conducted across all campuses.
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Added on 2020-02-03
Business Decision Making Assignment PDF 2023- Uk College
Write a report on UKCBC’s Students Experience and Satisfaction based on a survey conducted across all campuses.
Added on 2020-02-03
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Business Decision Making
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Plan for gathering data..........................................................................................................31.2 Survey methodology.............................................................................................................41.3 Questionnaire........................................................................................................................4TASK 2............................................................................................................................................62.1 & 2.2 Data collected through survey and analyse results ....................................................62.3 Analyse data via measures of dispersion..............................................................................72.4 Explain of quartile, percentile and coefficient correlation....................................................7TASK 3............................................................................................................................................93.1 Graph.....................................................................................................................................93.2 Trend line............................................................................................................................113.3 Covered in PPT...................................................................................................................113.4 Formal report.......................................................................................................................11TASK 4..........................................................................................................................................124.1 Different information processing tools...............................................................................124.2 Project plan and framing critical path.................................................................................134.3 Financial tools for decision making....................................................................................14CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
INTRODUCTIONDecision making is necessary and essential in the firm so that they can not face any issuesin attaining the success in the competitive market. Decision making is the process of makingchoices by identifying a decision, gathering or collecting the information as well as assessing thealternative resolutions. It helps in reaping the success and targets (Barry and Edgman-Levitan,2012). The employees of the business entity have to do proper research and have to identify theneeds and wants of consumers and on the basis of that they have to attain the advantage in themarket. To attain the best results proper decisions needs to be taken by using the appropriate andinnovative technology. The present report is based on UK college of business as well ascomputing. In every college, documents of the students required as it helps in getting theinformation so that they can get satisfied (Quartiles, percentiles and correlation coefficients,2017). In the below mentioned assignment, employees of the business entity have to do properanalysis by using the appropriate techniques whether it is primary or secondary data. They haveto attain the good results, data collection process needs to be done in a proper and efficientmanner so that they can accomplish the goals and objectives. TASK 11.1 Plan for gathering dataFor gathering the actual data or information the employees of UK college have to makera plan and have to use that plan which succour in accurate information or data so that they canattain the success in the competitive market. They have to use primary or secondary data whichincludes: Primary data: It is the data which is collect first hand information and it is helps inspecific projects. It includes the different tools and techniques which include the questionnaire,interviews, direct observations etc. interviews helps in collecting the information directly fromthe students and by using the appropriate knowledge and skills. The employees can makequestionnaire and filled by the students which helps in finding and analysing the area whichneeds to be developed. Along with this they can use observation method which helps incollecting data by observing the particular respondent but it is time consuming method so that ittakes lot of time to gather the information (Cronan and et. al., 2011).
Secondary data: It is the second hand collected data as it means that the information ordata are not directly collected by the user. It can be collected by the some other person. In thisdata can be collected by using quantitative and qualitative technique. It can be classified into twoparts that is internal and external source. In internal source it includes sales report, financialstatements, reports and feedbacks etc. but on the other side external includes libraries, businessjournals, articles along with the internet which helps in attaining the knowledge from thedifferent sources. 1.2 Survey methodologyThere are different methodology which helps in doing the survey. It is a field which helpsin applying the statistics of the survey related to human research. Along with this they have to dosampling for the individual units from the population by using the distinctive collectiontechnique which involves the questionnaire, interviews etc. The employees of UK college bymaking the questionnaire as well as survey can be done by them. Distinctive questions asked bythe students and the answers which are given by them helps in doing data evaluation and presentthat data or information into statistical form. This methodology are classified into three typeswhich includes personal interview, mail survey, telephonic survey etc. Personal interview is themethod which helps in doing the proper survey of the students and it helps in collecting orgathering the accurate information by observing the facial expressions of respondent (Fassin andBuelens, 2011). They also can conduct the mail as well as telephonic survey and it should bedone randomly as it helps in collecting data or information in a specific time limit. By doing thesurvey, they have to do sample framing process which helps in selecting the group which aredifferent from each other. In this task, quality assurance agency have to use random samplingmethod in which employees of UK college have to prepare questionnaire and filled up bystudents which helps in attaining or accomplishing the best outcome. 1.3 QuestionnaireThe employees of UK college have to make questionnaire which includes the differentquestions and on the basis of that they can collect the accurate information and this questionnaireis based on the 200 students and they have to do random sampling (Ford and Richardson, 2013).It helps the college of UK in calculation in attaining the actual information or data so that all thestudents helps in providing the proper satisfaction along with the experience.
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