HND Business - Level 5: Business Decision Making Assignment Analysis

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Added on  2023/03/22

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Homework Assignment
AI Summary
This document presents a solution to a Business Decision Making assignment, focusing on the analysis of data to inform business decisions. The assignment covers the collection of both primary and secondary data, including survey methodology and questionnaire design. It then delves into various techniques for analyzing data effectively, such as using representative values and measures of dispersion to draw valid conclusions within a business context. The solution provides a graphical presentation and references to support the analysis, demonstrating how data-driven insights can be used to improve business decision-making processes. The assignment also considers various themes related to customer satisfaction and perception, supporting the overall objective of using data to enhance business outcomes.
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Business Decision Making
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Covered Content
Introduction
Graphical Presentation
References
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Introduction
Manager has to take an effective decision for company and it is not much easy
for them because this will provide affect to entire working process either in a
direct or indirect way.
They will take assistance of information as well as data because it will support
them into decision making procedure.
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Theme 1: Many clients visited Murano many time in
last six months
0.8 1 1.2 1.4 1.6 1.8 2 2.2
0
0.5
1
1.5
2
2.5
0
0.5
1
1.5
2
2.5
35
45
Column B
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Theme 2: Value of items and beverages is much
affordable for people
0.8 1 1.2 1.4 1.6 1.8 2 2.2
0
0.5
1
1.5
2
2.5
65
15
Column B
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Theme 3: Food and beverages of restaurant will aid
to gain attention of many people
0.5 1 1.5 2 2.5 3 3.5
0
0.5
1
1.5
2
2.5
3
3.5
25
15
40
Column B
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Theme 4: Perspective of many user is positive
towards Murano
Positive Negative
0
10
20
30
40
50
60
70
80 75
5
Column B
Linear (Column B)
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Theme 5: People are much satisfied with goods and
services of Murano
Yes No
0
10
20
30
40
50
60
70
80
72
8
Column B
Linear (Column B)
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Theme 6: Many individuals give rating to them as
best
Best Moderate low
0
10
20
30
40
50
60
50
25
5
Column B
Linear (Column B)
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References
Gaillard, E., 2014. Transnational Law: A Legal System or a
Method of Decision Making?. Arbitration International. 17(1).
pp.59-72.
Hartman, L. P. and et. al., 2014. Business ethics: Decision making
for personal integrity and social responsibility. New York:
McGraw-Hill.
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Thank You!!
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