Comprehensive Business Decision-Making Report: UKCBC College

This report provides a comprehensive analysis of business decision-making processes, commencing with an introduction that emphasizes the impact of digital technologies on organizational growth. The report details the data collection process, including primary and secondary sources like interviews and questionnaires administered to students from UKCBC colleges. It explores various survey methodologies, sampling designs, and the framework of the questionnaire used. The subsequent sections delve into the analysis of collected data, utilizing measures of dispersion, central tendency, quartiles, percentiles, and correlation coefficients. The evaluation is further enhanced through the use of charts, trend line analysis, and the preparation of a formal report. Furthermore, the report examines the characteristics and roles of various management levels, critical path analyses, Gantt charts, and the impacts of financial investment appraisal tools. The conclusion summarizes the findings and provides references for further study.

Business Decision-making

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1: Data collection from various sources..............................................................................1
1.2: Survey methodologies and sampling design...................................................................3
1.3: Framework of questionnaire............................................................................................4
TASK 2............................................................................................................................................6
2.1: Analysis of data collection that are gather from research work......................................6
2.2: Evaluation of outcomes generated out of the research....................................................9
2.3: Analysis of collected data by using measure of dispersion...........................................10
2.4: Use of quartile, percentile and correlation coefficient..................................................11
TASK 3..........................................................................................................................................11
3.1: Evaluation by using different charts..............................................................................11
3.2: Trend line analysis.........................................................................................................15
3.3: Covered in Poster..........................................................................................................16
3.4: Preparation of formal report..........................................................................................16
TASK 4..........................................................................................................................................17
4.1: Characteristics and role of various level of management..............................................17
4.2: Critical path analyses and Gantt chart...........................................................................17
4.3: Impacts of financial investment appraisal tools............................................................19
CONCLUSION..............................................................................................................................20
REFERENCES..............................................................................................................................21

INTRODUCTION
In present era, it has been been determine that digital technologies are making huge
impacts on increasing the overall growth and sustainability for an organization. Plenty of people
used to think there point of ability to becomes more concern about maintaining standard of
living. By the help of various multi-ways shopping companies are playing one of the major role
in attracting more people toward them by offering wide range of products as per the demand of
customers. The one of the largest shopping chain in this segment is Walmart that is operating for
the sake of delivering better facilities to various customers as per the demand of customers.
Through using all the specific products those are used by various customer are needed to
be taken into account so they does switch from other brands. This project module aims to
collected essential data from the research about all impacts on high street shops and mall by
opening various multi-ways shops (Hwang and Masud, 2012). For this purpose, an appropriate
data collection plan is being used by using reliable research methodologies. Evaluation of data is
done by use measure of dispersion and central tendency. Although, using effective finding that
are collected within an accounting period of time. It can be analyse by using various chart or
network digram in the basis of various activities that are done during the period of time.
TASK 1
1.1: Data collection from various sources
In accordance with conducting appropriate research, a well organise effective systems is
needed to be taken into accounting for the purpose of making reliable investigations. All kind of
study material and sources are required to be examine facts and figures those are responsible for
attaining valuable outcomes in coming point of time. This seems to be organized study in
accordance to indicate a hypothesis or to scope at positive conclusion. It has been mentioned
case of digital technological aspects that is being seen in abundance of students that are
responsible for using various mobile apps and interested in shopping at any free time. They need
to purchase online products as well as going directly to the shopping malls in order to
experiences regarding using different products as per the demand of customers (García-Peñalvo
and Conde, 2014). To determine regarding their overall thinking ability regular experiences
regarding using technologies modification as well as organise research study to get reliable
results. In this research work, various data collection sources is being taken from young students
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from different campuses of UKCBC colleges. Under this process researchers will be more
concern to make use of two basic use of data collection process. Such as:
Primary sources: It refers to be fresh data which is being collected from various customers those
are buying products on regular basis. This seems to be more real and free from any kind of bias.
Any chances of mistakes can be less so that better results can be attain in more likely period.
Some of crucial aspects of this sources is mentioned below:
 Interviews: It refers to be utmost effective interaction between students to ascertain,
whether perception of various individual can changes as per the demand of digital
facilities. This is done for the ways to stratify overall perception of various customers.
 Questionnaire: It seems to be more appropriate set of printed or multiple choice
questions that are having plenty of options for the purpose of attaining effective research
or any statistical research work. It cannot be done on face to faced interaction of people.
Secondary sources: It happens to be more reliable data that are gather through someone
already used in previous time. These are basically used for the purpose of making comparison
past records or data that are already published in an organisation. There various sources from
which data can be collected such as from journals, statements as well as articles (Griffin and
Moorhead, 2011).
A plan of data collection:
It is utmost is the systematic method to collect and measure data from variety of sources to
get reliable interest of customers. Some specific data regarding customer perception about
product and quality they are getting from online shopping. All the data would be taken to analyse
implication those are present in the research work.
Location: Some of the data would be taken from shopping mall, street shops and other
location those are highly populated.
 The best time of data collected is expected to be gather during season time and peak
period. It is done so that plenty of people wants to shop at that particular period of time.
 The data would be collected by hiring one of the experiences researcher that are having
specific knowledge about market and current trends.
Barriers: In any kind of research there are certain limitation which would affected the impacts of
the research. Some of them are:
 Limited resources available for data collection
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 Minimum time to collected reliable and accurate data.
 Restricted areas from where data can be collected.
1.2: Survey methodologies and sampling design
In accordance to organise a well effective research work, researchers will be needed to
determine various important aspects which are helpful in making effective decision in more
reliable manner. There are various types of research methods which were taken into account as
more reliable sources for the company. Some of them are discussed underneath:
Descriptive research: It is known as one of the primary description of all statements of
affairs which will be present in current research work. Researcher can use only those reports that
are based on certain contingency situations.
Applied research: The main aim of this research is to find out various solution for quick
issues those are faced by a society of any other businesses within an accounting period of time.
Quantitative research: It relies entirely on measurements of quantity or values which
will be based used by customer regarding purchasing of products from various modes. It is more
effective application that can be expressed in relation to total number of quantity.
Sampling method: It is known as one of the primary aspects which is used by
researchers for the purpose of making appropriate decision-making in coming period of time.
Before conducing any particular research, it is essential to be chosen by the respondents through
using various effective sampling tools and techniques. For this particular research work, a total
number of 60 respondents are taken into account (Bayne and Woolcock, 2011). Some crucial
methods are discussed underneath:
 Random sampling: It seems to be more reliable and significant mode by which
managers can be enable to things in more reliable manner in order to increase
profitability position of the company. The chosen side will be done on the basis of
random sampling methods. By this, respondents are used to be selected that does not have
any kind of linked among one another.
 Cluster sampling: According to this particular method, a complete set and group can be
selected and divided into equal parts and make suitable parts so that better results can be
achieved in coming period of time. In this sampling strategies, the total population is
categories into these group and simple random techniques of group would be selected in
effective manner.
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1.3: Framework of questionnaire
Any research is incomplete without having appropriate tools and techniques that is
required to be set and reliable manner. This particular method is considering as more legitimacy
with certain aims which they will be assist them to increase positive reactions for future growth
and sustainability of an organisation. This should assist student attraction towards going into
digital technologies up to a great extent. It would be incorporated to need in order to deal with 10
enquires on total 60respondents by using open ended questions, close friends and other students
those are learning into various campuses (Goodwin and Wright, 2014).
QUESTIONNAIRE
Name:
Age:
Gender:
Email:
Phone:
Q1: In which age group you belong to?
 18-20
 20-25
 25-30
 More than 30
Q2: What is the primary reason for using online channel?
 Online learning
 Entertainment
 Shopping
 Other
Q3: How did you last contact services in case of fault products?
 Walk-in
 Telephone
 Email
 Other
Q4: Have you ever do online shopping?
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 Yes
 No
Q5: Have you faced any problem while operating online purchase?
 Yes
 No
Q6: If yes, what kind of issues?
 Delay in delivery
 Cheap quality of goods
 Non-delivery
 Other
Q7: How often you use internet in regular work?
 < 1hrs
 1-2 hrs.
 2-3hrs
 > 4
Q8: Do you consider interest prior to buy for collecting data?
 Yes
 No
Q9: Chose appropriate amount you would spend per year on online buy?
 Less than 1000
 1000-3000
 5000-10000
 More than 10000
Q10: Provide specific comments and reviews. If any?
Ans.
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TASK 2
2.1: Analysis of data collection that are gather from research work
From all the research work which is done from the above data is consider more reliable
solution to various students that are taken into consideration. Data analysis is more effective
aspects for an organisation, primary manner by which it is required to analyse overall results in
more reliable manner so that plenty of growth chances in respect to achieve in coming period of
time. Out of this research, the values are being used for the purpose of calculate overall aims and
objectives of an organisation. Through this, various value that are arises from the presentation
can be effectively capable to get various measure of central tendency. It will aid significant
results through analysing vital benefits in circumstance with comely preparation of working
management tools and techniques (Measures of Central Tendency, 2013). This will be
represented as more reliable and accurate to get proper outcomes in respect to make valuable
data into account.
Q1: In which age group you belong to?
Particular Respondents in %
18-20 35
20-25 10
25-30 8
More than 30 7
Total 60
Mean 15
Median 9
Mode 0
Q2: What is the primary reason for using online channel?
Particular
Respondents in
%
Online learning 10
Entertainment 15
Shopping 30
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Other 5
Total 60
Mean 15
Median 12.5
Mode 0
Q3: How did you last contact services in case of fault products?
Particular
Respondents in
%
Walk-in 15
Telephone 20
Email 20
Other 5
Total 60
Mean 15
Median 17.5
Mode 0
Q4: Have you ever do online shopping?
Particular
Respondents in
%
Yes 45
No 15
Total 60
Mean 30
Median 30
Mode 0
Q5: Have you faced any problem while operating online purchase?
Particular
Respondents in
%
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Yes 55
No 5
Total 60
Mean 30
Median 30
Mode 0
Q6: If yes, what kind of issues?
Particular Respondents in %
Delay in delivery 20
Cheap quality of goods 15
Non-delivery 17
Other 8
Total 60
Mean 15
Median 16
Mode 4
Q7: How often you use internet in regular work?
Particular
Respondents in
%
< 1hrs 15
1-2 hrs. 30
2-3hrs 10
> 4 5
Total 60
Mean 15
Median 12.5
Mode 0
Q8: Do you consider interest prior to buy for collecting data?
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Particular
Respondents in
%
Yes 50
No 10
Total 60
Mean 30
Median 30
Mode 0
Q9: Chose appropriate amount you would spend per year on online buy?
Particular
Respondents in
%
Less than 1000 10
1000-3000 25
5000-10000 15
More than
10000 10
Total 60
Mean 15
Median 12.5
Mode 0
2.2: Evaluation of outcomes generated out of the research
From the above survey studies, it has been examining that different number of things are
taken into accounting in respect to Walmart for analysing overall experiences of an organisation.
It used to thing various crucial aspects in better manner by an individual so that proper outcomes
and make suitable gains in coming period of time. On the basis of research done are based on
data, female and male those are determine with the time which is being used over the online
services for purchasing various products through using online mode. It is more reliable aspects
which is being provided for the purpose of making expansion of their business and take vital
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