Decision Making and Investment Analysis

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The provided report is a comprehensive analysis of investment decision-making, covering topics such as mean, mode, median, and time required for completing activities. The report aims to assist management in making effective decisions by considering relevant information from students. It presents calculations for NPV and IRR, highlighting the importance of these metrics in determining the feasibility of investments. The report also emphasizes the need for management to make informed decisions based on data-driven insights.
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Business Decision
Making
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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Data collection from different student across.......................................................................1
1.2 Survey methodology and sampling framework used............................................................2
1.3 Questionnaire for collecting the data....................................................................................3
TASK2.............................................................................................................................................5
2.1 Investigation of data collection that are gather from research work.....................................5
2.2 Analyse the result of Survey.................................................................................................7
2.3 Analysis through measure of dispersion...............................................................................8
2.4 Use quartiles, percentiles and the correlation coefficient.....................................................8
TASK 3 ...........................................................................................................................................9
3.1 Various charts and digram to show the result. .....................................................................9
3.2 Trends lines analysis...........................................................................................................14
3.3 presentation.........................................................................................................................15
3.4 Final report to QAA committee..........................................................................................18
TASK 4..........................................................................................................................................19
4.1 Appropriate information processing tools. .........................................................................19
4.2: Critical way examine and Gantt chart................................................................................20
4.3 Utilisation of financial tool for decision making................................................................21
CONCLUSION..............................................................................................................................22
REFERECNCE .............................................................................................................................23
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INTRODUCTION
In today world, every business wants to grow and expand at globe level and this can be
only happen by making effective decision. It is observed that whole business is depend on right
decision of entrepreneur, that help in performing business activity for achieving predefined
goals. Under this report, as a leader of student group in UK collage of business and computing a
plan is structure from a basic survey from different student (Bayne and Woolcock, 2011). The
information is collected from various sources and summit the report to QAA team that will
review the data about student preference.
In this report, different tasks are covered, that are linked with functional unit of business
decision making related to UKCBC. Survey research is conducted from various sources about
the collages the determine the reviews of student and other member and their satisfaction level.
Report shows different calculation of mean median and mode with the use of graphs. At last it
shows NPV and critical path that help in ascertaining the minimum time needed to perform a
task.
TASK 1
1.1 Data collection from different student across.
To do a proper research it is very important to include all relevant factor and consider the
most dependable investigation. It is very important for researcher to involve every facts and
number that are related to the research and gives the best result at present time. In research,
different information in gathered from various sources including campuses of college from
young students etc. with the help of different data collection process. Primary and secondary
sources through which relevant data is collected and analysed that is described below:
Primary sources: This sources are referred to be the first information collected directly from the
clients. Gradually, research itself collect the information that is free from any false statement and
this data is commonly real time data. This collected information is basically based on
experience and observation of researcher itself. Some of the basic aspect of primary sources that
are explained below:
ï‚· Interview: This process is related to an effective interaction with an individual to
determine the actual result. The outcome are different as every student in college have
different set of mind and preference toward facilities and services.
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ï‚· Questionnaire: This is related to multiple choice question that is been asked to different
student. It is an effective research technique that help in getting most appropriate result.
Secondary source: According to this data source the previously collected data is used by the
researcher for determining result (Goodwin and Wright, 2014). This data set is basically used
for making comparison of actual data from the past data that is used in college. The different
secondary sources of collecting data are published statement, journals and article etc.
A plan for collecting data is one of the most significant approach, as it help in gathering
and measuring the various sources of data in order to get best result. The plan has the following
structure that is to be followed while doing research:
ï‚· Too narrow: Under this method only answers are in Yes or No format.
ï‚· Too broad: This technique requires lot of time and it is not easy to have a lengthy paper
discussion.
ï‚· Too simple: This can be done by researcher without making unique collection of data.
To conduct a research there are certain basic principle that are to be consider while
making question:
ï‚· Authentic: The real aspect is taken into consideration so that question must be real and
deliberate.
ï‚· Outlook: It is related to the knowledge of the individual from whom the question are
already asked.
It is clear that primary source of data is more useful for conducting a study as it will gives
the new and unique ideas and reviews about UKCBC. Similarly, secondary data is already
available with the management that helps them in making comparison with the primary data
collected presently. Researcher collect data by asking various question and taking interviews
from different students and other staff member from UKCBC college. The data is collected from
60 respondent from college. It is collected from those individuals who are helpful in giving exact
information about college.
1.2 Survey methodology and sampling framework used.
In respect to make effective research, the researcher is responsible to make an effective
decision and need to figure out the important factor from the research. A survey is consider to be
a method for asking question from different people that help in getting a most reliable result. In
this survey is conducted upon different student about their experience and satisfaction regarding
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to the service of college. There are different types of research methods that are taken into
consideration for making most appropriate resources for UCKBC (Griffin and Moorhead, 2011).
There are explained below:
Applied research: According to this method the research is done to determine the
different outcome for various problem that are faced by student in a period.
Descriptive research: It is related to the method that describe the characteristic of the
population that is being studied. According to this method the main concern of researcher is to
tell the student of college the subject of survey.
Quantitative research: This method means the measurement of values that are based on
the student review about the services of college. This is consider to be the most effective
application that is explained with the help of total number with quality.
In this survey, researcher have applied quantitative research method to gather information
from student. This help them in collecting accurate information so that better result are
determined.
Sampling method: To make future decision in an appropriate manner researcher
consider the sampling method as it gives exact and actual result. So while doing a certain
research it is very important to make the proper use of sampling tool and techniques. In college a
total number of 60 student are taken into consideration. Some of the important method of
sampling are described below:
ï‚· Random sampling: This is consider to be most effective and crucial method of
sampling that help researcher to take thing that are more reliable to give the best sample
about college. In this method each student have an equal chance of being selected and
become a part of sampling.
ï‚· Cluster sampling: In this method an individual or group of people are selected and they
are divided in similar part so that outcome can be better that further support in achieving
goals. Similarly student are divided into equal group so that better result are made in
accordance to quality about services provided within college.
ï‚· Quota sampling: This sampling method is used to develop associate value within the
selected team as they all are part of random sampling method.
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From the above mention sampling method researcher have applied, random sampling
approach to complete the survey. They select different student from different streams of UKCBC
in order to ascertain their satisfaction level from college services.
1.3 Questionnaire for collecting the data.
To do a proper research, there is a need of appropriate tools and technologies that ease
the work of researcher. Survey is refer to a method of collecting data in a predefined period of
time from a selected group (Knapp and VandeCreek, 2012). An open ended question is asked
from 60 students in order to know better about the college campus and services provided to
them. There are 10 question that are asked from student those are studying into the campus:
Questionnaire
Name of student.
Faculty:
Age group:
Year:
Q1. Which course are you pursuing?
A) IT Management.
B) Accounting
C) MBA
D) Travel and Tourism.
E) Health and services
Q2. At which Department or campus of college do you study?
A) Wentworth
B) Park Royal
C) Lords
D) Holborn
E) Crickle wood
Q3. Which Shift timing do you prefer?
A) Morning
E) Evening
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Q4) Do you like the teaching faculty?
A) Yes
B) No
C) Can't say
Q5) Are you satisfied with learning facilities? (Eg sports club, library)
A)Neutral
B) Satisfied
C) Slightly Satisfied
D) Unsatisfied.
E) Very Unsatisfied.
Q6) Does the college campus have proper facilitates like canteen, auditorium, toilet etc?
A) No
B) Yes
C) can't say
Q7) According to you the best about college is?
A) Understandable staff
B) Studying environment.
Q8) Does the experience from college will help you in future?
A) Yes
B) No
C) No comment
Q9) Do you Like to recommend UKCBC to your Known people?
A) Yes,
B) Not Sure
C) No
Q10) Provide additional feedback or comments.
Ans.
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TASK2
2.1 Investigation of data collection that are gather from research work.
Q1. Which course are you pursuing? Respondent
A) IT Management. 14
B) Accounting 16
C) MBA 15
D) Travel and Tourism. 10
E) Health and services 5
60
Mean 12
Median 14
Mode 0
Q2. At which Department or campus of college do you study? Respondent
A) Wentworth 10
B) Park Royal 15
C) Lords 11
D) Holborn 13
E) Crickle wood 11
60
Mean 12
Median 13
Mode 15
Q3. Which Shift timing do you
prefer? Respondent
A) Morning 40
E) Evening 20
60
Mean 30
Median 30
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Mode 0
Q4) Do you like the teaching faculty? Respondent
A) Yes 25
B) No 15
C) Can't say 20
60
Mean 20
Median 20
Mode 5
Q5) Are you satisfied with learning facilities? (Eg sports club,
library) Respondent
A)Neutral 9
B) Satisfied 10
C) Slightly Satisfied 7
D) Unsatisfied. 16
E) Very Unsatisfied. 18
60
Mean 12
Median 10
Mode 0
Q6) Does college campus have proper facilitates like canteen, auditorium,
toilet etc? Respondent
A) No 18
B) Yes 28
C) can't say 14
60
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Mean 20
Median 18
Mode 4
Q7) According to you the best about college is? Respondent
A) Understandable staff 35
B) Studying environment. 25
60
Mean 30
Median 30
Mode 10
Q8) Does the experience from college will help you in future? Respondent
A) Yes 33
B) No 12
C) No comment 15
60
Mean 20
Median 15
Mode 3
Q9) Do you Like to recommend UKCBC to your Known people? Respondent
A) Yes, 33
B) Not Sure 12
C) No 15
60
Mean 20
Median 15
Mode 3
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2.2 Analyse the result of Survey.
From the above collected data the questionnaire has been filled by number of student
studying in college. To determine the actual satisfaction of students and their experience from
various facilities, various questions are asked from to find out the actual satisfaction level. And
the mean, median and mode method are applied by the researcher to determine the outcome level
in a year. Such as, the mean of the data is the average collection of those student those are taking
admission in college (Maxwell, Jeffrey and Lévesque, 2011). The median of the collected data is
similar to the condition to determine the number of student taking part in middle year.
From the result above it has been observed that UKCBC is one of the most finest and
popular college in UK that gives the best result to student. They provide the best faculty and
healthy environment so student feels free and remain away from any mis happening. The survey
is conducted in a manner by collecting data from 60 students. From which it is determined that
37 students are satisfied with college services and facilitates. More than 65% on an average
number of students are in favour of positive results. The most of student’s satisfaction is come
from park royal campuses with 40%.
2.3 Analysis through measure of dispersion.
Dispersion: This is related to the collection of numerical data from the number of
respondent available for Survey. It basically helps to figure out the variation of different student
within college. Dispersion is consider as a method used to distribute ideas and information over a
huge area. There are different method of dispersion such as relative analyse and absolute
measure.
Ratings R1 R2 R3 R4 R5 Standard Deviation Variances
1 14 16 15 10 5 6.3639610307 40.5
2 10 15 11 13 11 0.7071067812 0.5
3 40 20 0 0 0 28.2842712475 800
4 25 12 20 0 0 17.6776695297 312.5
5 9 10 7 16 18 6.3639610307 40.5
6 18 28 14 0 0 12.7279220614 162
7 35 25 0 0 0 24.7487373415 612.5
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8 33 12 15 0 0 23.3345237792 544.5
9 33 12 15 0 0 23.3345237792 544.5
2.4 Use quartiles, percentiles and the correlation coefficient.
Percentile: This Method is defined as the process to ascertain the specific factor the are
just under the expected percentage. It is used to analyse the actual statistic that have a value
according to the measurement at a given point of time. In survey, researcher mainly focus on
score they obtain from college and then compare that with the other score in the distribution.
Quartile: This method of data calculation is used by researcher to divide the collected
information or data range in four equal parts. Such as first part represents the number that are
below 25%, second part shows the 50% of the data below, third quartile shows the number
below75% and the last part describe the data range below 100%.
Correlation coefficient: It is consider to be one of the most appropriate statistical
approach that is applied by researcher to calculate and handle behaviour between two variable.
To determine the coefficient of correlation there are various method that help in analysing the
future outcomes (Milovic and Milovic, 2012). It in case researcher use the +1 coefficient, it
means that current position of college is very good and if they uses -1 coefficient it means that it
is not right to take admission in college.
TASK 3
3.1 Various charts and digram to show the result.
Q1. Which course are you pursuing?
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14
16 15
10
5
Q1
A) IT Management.
B) Accounting
C) MBA
D) Travel and Tourism.
E) Health and services
Q2. At which Department or campus of college do you study?
A) Wentworth
B) Park Royal
C) Lords
D) Holborn
E) Crickle wood
0
2
4
6
8
10
12
14
16
10
15
11
13
11
Respondent
Q3. Which Shift timing do you prefer?
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A) Morning
E) Evening
0 5 10 15 20 25 30 35 40 45
Respondent
Q4) Do you like the teaching faculty?
25
15
20
A) Yes
B) No
C) Can't say
Q5) Are you satisfied with learning facilities? (Eg sports club, library)
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A)Neutral
B) Satisfied
C) Slightly Satisfied
D) Unsatisfied.
E) Very Unsatisfied.
0 2 4 6 8 10 12 14 16 18 20
9
10
7
16
18
Respondent
Q6) Does college campus have proper facilitates like canteen, auditorium, toilet etc?
A) No B) Yes C) can't say
0
5
10
15
20
25
30
18
28
14 Respondent
Q7) According to you the best about college is?
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A) Understandable staff
B) Studying environment.
0 5 10 15 20 25 30 35 40
35
25
Respondent
Q8) Does the experience from college will help you in future?
33
12
15
A) Yes
B) No
C) No comment
Q9) Do you Like to recommend UKCBC to your Known people?
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A) Yes, B) Not Sure C) No
0
5
10
15
20
25
30
35 33
12
15 Respondent
3.2 Trends lines analysis
In a survey, trends lines or line charts are structures or lines that are drawn over pivot
high and under low pivot that shows the predominant direction of prices (Muindi, 2011). These
lines are consider to be a visual representation in any time frame at any time period. The main
function of trend line structure is to show the pattern and direction of speed of price during a
specific period. It is a continuous line which is linked to two or more place that extends in close
future that make support in better decision making.
Months No. of students Satisfied students
January 5 3
February 4 2
March 3 2
April 6 4
May 5 3
June 4 2
July 6 4
August 4 2
September 6 4
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October 8 6
November 5 3
December 4 2
Total 60 37
January
March
May
July
September
November
0
1
2
3
4
5
6
7
8
9
5
4
3
6
5
4
6
4
6
8
5
4
3
2 2
4
3
2
4
2
4
6
3
2
No. of students
Linear (No. of students )
Satisfied students
Linear (Satisfied students)
3.3 Presentation.
Covered In PPT.
3.4 Final report to QAA committee.
To,
Quality Assurance Agency
21th November 2018.
Introduction
The survey has been conducted in UKCBC college, to determine the student satisfaction level
from various facilities and their experience. There were good number of student in college and
have different educational backgrounds . The main objective of this report is to find whether the
respondent are satisfied with college staff and faculty.
Purpose and Limitation
The main purpose of this report is to provide the best result to the QAA team about the college
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student. This help in making effective decision about the betterment of services that improve the
satisfaction level. The report show the positive result of student towards college and facilities.
But at the same time there are some limitation in this survey, as data is collected from limited
student. It was recovered that 55 % of scholar was extremely satisfied with their faculty, 30% of
student was fairly satisfied, 10% of student was not satisfied, 5% of student was extremely
dissatisfied.
Content
The collection from this report are draws a valid and strong results as it will have positive
outcome toward there colleges. It is observed that student like the college and they are satisfied
with the services provided their. But some of they want to improve the quality of teaching and
faculty style.
Summary
The report was written to QAA team in order determine the scope of improvement within
college. There are different recommendations that have been presented to the student
satisfaction toward the instruction choice, knowledge and style of the staff working. The main
suggestion to overcome like environment affable, advanced facilities for the male and female
student at various department in UCKBC.
Your sincerely
Lead Student Representation
TASK 4
4.1 Appropriate information processing tools.
In business world information processing is defined as the use of figure information with
help of computers and other electronic digital tools that are called information application
(Rothman, 2017). This includes different business software, computers, network and operation
system. So it is clear that every organisation requires different kind of information tools and
system for various purpose such as:
ï‚· Record relevant daily information.
ï‚· Ascertain and measure the performance of worker for the collected information.
ï‚· Control unnecessary activities.
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ï‚· Planed about the future activities.
ï‚· At last make effective decision to increase the performance of company.
Therefore, it defines that essential tools are required by management to ascertain useful
decision for future. Some of the basic tools are explained below that will provide best outcome
for company.
MIS(Management Information System): It is one of the most useful and appropriate
tool for management that help them to manage the efficiency of company. In companies MIS
system are required at every level such as operational, strategic and tactical that help in making
effective decision. This report that contain summaries of linked information that has been
processed like labour, stock, sales and purchase analysis.
Transaction processing system: TPS is defined as the system that help in computing the
different work allotted at various level. It is an informational tool for collecting, storing and
altering the total transaction made within an organisation. It is basically formed by joining two
basic tools of information system such as MIS and database.
DSS (Decision Support system): This system is an important tool that help management
to gather information and make effective decision according to the situations. It comprise most
accurate and useful data for examining the business data so that more specific information is
provided to manager (Sethi and Zhang, 2012). This help future help in determining the
uncertainties, problem and making effective strategies to resolve current issues.
Office Automation system (OAS): This system is useful in collecting, storing, posting
useful office information that are needed for attaining the basic task of company. With the help
of this system manger are able to perform task in faster manner, they do not require large staff
for doing task,etc.
These above mention tool plays an important role in making effective decision at various
level and at different situation of business. They aids manger to make effective strategies and
guidelines at different level that ease the business operation.
4.2: Critical way examine and Gantt chart.
ID Active Task Mode Name Duration Predecessors
1 Yes Manually Scheduled A 2 days
2 Yes Manually Scheduled B 4 days 1
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3 Yes Manually Scheduled C 6 days 2
4 Yes Manually Scheduled D 3 days 1
5 Yes Manually Scheduled E 6 days 2
6 Yes Manually Scheduled F 1 day 5
7 Yes Manually Scheduled G 3 days 3,4
8 Yes Manually Scheduled H 2 days 6,7
Critical path:
A: 1-2-3-7-8= 21 days
B: 2+4+6+3+2= 17 days.
From the above part it has been mentioned that all certain activities are capable enough to
perform a task in a certain time period. It has been described that two critical path can be drawn
such as 1-2-3-7-8= 21 days and 2+4+6+3+2= 17 days. It is observed that path A is more critical
and take more time to complete a specific task. At the same time path second takes less time
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duration to perform activities. So it has been suggested that second critical path will be more
favourable for company (Sinha and Labi, 2011).
4.3 Utilisation of financial tool for decision making.
While making effective decision in a company financial tool plays an important role as it
help in planning and strategic of those activities that result in achieving the main objective of
business. So manager of companies consider different appropriate tools while making decision
related to business operation (Yager and Kacprzyk, 2012). Some of the basic appraisal tool that
are effective to provide total return from total investment during a financial year within a
company.(Cash Flow, 2017.).
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%
In the above calculation it has been ascertain the actual investment of 15000 is introduced
at the first level of a product. Manager of companies applies different method to calculate actual
return on this investment such ad Net present value and internal rate of return. By implementing
the net present value techniques, the company is able to get total amount of 7008 as a return
after the complete time period of four years. Similarly in case of internal rate of return the
company is able to get a total return of about 34.77% in future. So it has been suggested that
NPV is more appropriate for company as it will provide better result in future.
CONCLUSION
From the above report is has been concluded that management of collage is required to
make effective decision. It is very important for management to make effective decision by
considering the useful relevant information from students. The report shows the important
calculation such as mean, mode, median and the oath that help in determining the time required
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