Detailed Analysis of Business Operations and Management Report

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This report provides a comprehensive overview of business operations, encompassing key areas such as workplace management, data analysis, and research methodologies. It delves into various aspects of business administration, including planning, problem-solving, and the implementation of effective strategies. The report explores different research methodologies, including qualitative and quantitative approaches, along with the advantages and disadvantages of each. It also addresses crucial elements like data analysis techniques, sampling risks, time effects, and the importance of data presentation. Furthermore, the report covers topics like mail management, franking machines, and the security of mail items. The report examines different units (11, 15, 19, 55, 65, and 73), which each cover different aspects of business development.
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UNIT 11; 15; 19; 55; 65; 73
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Table of Contents
INTRODUCTION...........................................................................................................................1
UNIT 11...........................................................................................................................................1
1.1 ...............................................................................................................................................1
1.2 ...............................................................................................................................................1
1.3................................................................................................................................................1
1.4................................................................................................................................................1
1.5 ...............................................................................................................................................2
UNIT 15...........................................................................................................................................2
1.1................................................................................................................................................2
1.2................................................................................................................................................2
1.3 ...............................................................................................................................................3
1.4 ...............................................................................................................................................3
1.5 ...............................................................................................................................................3
1.6................................................................................................................................................3
1.7 ...............................................................................................................................................4
2.1................................................................................................................................................4
2.2................................................................................................................................................5
2.3................................................................................................................................................5
2.4................................................................................................................................................5
2.5................................................................................................................................................5
2.6................................................................................................................................................6
2.7................................................................................................................................................6
3.1 ...............................................................................................................................................6
3.2 ...............................................................................................................................................6
3.3................................................................................................................................................6
UNIT 19...........................................................................................................................................7
1.1 ...............................................................................................................................................7
1.3................................................................................................................................................7
1.4................................................................................................................................................7
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1.5................................................................................................................................................8
1.6................................................................................................................................................8
3.2................................................................................................................................................8
UNIT 55...........................................................................................................................................8
1.1................................................................................................................................................8
1.2 ...............................................................................................................................................9
1.3 ...............................................................................................................................................9
1.4 .............................................................................................................................................10
2.1 .............................................................................................................................................10
2.2..............................................................................................................................................10
2.3 .............................................................................................................................................11
2.4 .............................................................................................................................................11
3.1 .............................................................................................................................................12
3.2 .............................................................................................................................................12
3.3 .............................................................................................................................................12
3.4 .............................................................................................................................................12
3.5 .............................................................................................................................................13
3.6 .............................................................................................................................................13
4.1 .............................................................................................................................................13
4.2 .............................................................................................................................................14
UNIT 65.........................................................................................................................................14
1.1 .............................................................................................................................................14
1.2 .............................................................................................................................................14
1.3 .............................................................................................................................................14
1.4 .............................................................................................................................................14
1.5..............................................................................................................................................14
1.6 .............................................................................................................................................15
1.7 .............................................................................................................................................15
1.8 .............................................................................................................................................15
1.9 .............................................................................................................................................15
2.1..............................................................................................................................................15
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2.2..............................................................................................................................................15
2.3..............................................................................................................................................16
2.4 .............................................................................................................................................16
2.5 .............................................................................................................................................16
2.6..............................................................................................................................................16
2.7 .............................................................................................................................................16
3.1 .............................................................................................................................................16
3.2 .............................................................................................................................................16
3.3 .............................................................................................................................................17
3.4 .............................................................................................................................................17
3.5..............................................................................................................................................17
3.6 .............................................................................................................................................17
4.1..............................................................................................................................................17
4.2 .............................................................................................................................................17
4.3..............................................................................................................................................17
4.4 .............................................................................................................................................18
4.5..............................................................................................................................................18
4.6 .............................................................................................................................................18
4.7 .............................................................................................................................................18
UNIT 73.........................................................................................................................................18
1.1..............................................................................................................................................18
1.2 .............................................................................................................................................18
1.3 .............................................................................................................................................18
1.4..............................................................................................................................................19
1.5 .............................................................................................................................................19
1.6 .............................................................................................................................................19
TASK 2..........................................................................................................................................19
2.1 .............................................................................................................................................19
2.2 .............................................................................................................................................19
2.3 .............................................................................................................................................19
3.1 .............................................................................................................................................19
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3.2..............................................................................................................................................20
3.3 .............................................................................................................................................20
3.4 .............................................................................................................................................20
3.5 .............................................................................................................................................20
3.6 .............................................................................................................................................20
4.1..............................................................................................................................................20
4.2 .............................................................................................................................................21
4.3 .............................................................................................................................................21
4.4 .............................................................................................................................................21
4.5..............................................................................................................................................21
4.6..............................................................................................................................................21
CONCLUSION..............................................................................................................................21
REFERENCES..............................................................................................................................22
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INTRODUCTION
Business administration is a field which covers all elements associated with handling the
everyday operations and choice producing a business or non-profit company, so it either stays
steady or continues to grow. This procedure includes a variety of methods, such as workplace
assistance, financing workers, operations services, and management (Shelley, 2015).
UNIT 11
1.1
Identify Problems
Plan Changes
Monitor the Procedures
1.2
Planning
Effective managers plan their work.
Effective managers see to it that assignments and projects are monitored continually.
1.3
Immaculate common areas, restrooms and office space
Comfortable temperature, every season
1.4
Functional factors
Operations and activities of the organization.
Accurate definition of user requirements (Sarr and et. al., 2016).
Technical factors
Facility's physical constraints.
Adherence to life safety mandates.
Financial factors
Budget allocated for office workspace programming.
1.5
1. Hire an Adequate Workforce
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2. Hire the Right Employees for the Job
3. Set Realistic Expectations
4. Offer Fair Compensation
5. Don’t Micromanage (Walter, 2016).
UNIT 15
1.1
Primary Data
Advantages
Research is oriented for specific goals and purpose, cutting out possibility of wasting
resources.
The researchers can change the course of study whenever needed, and choose platforms
for observation well-suited for projects.
Disadvantages
Primary research may ask for huger expense than secondary research.
The procedure is more time consuming, and costs a lot of assets.
Secondary Data
Advantages
Cost-effect, ready made observations, less time spent on gathering information.
Statistically reliable, less requirement of expertise from internal team (Bargiela-Chiappini
and Nickerson, 2014).
Disadvantages
Information may be unsuitable for current research project.
The data may lack details that fulfil goal of the client at present.
1.2
Advantages of Qualitative Research
Advantage of qualitative research is the researcher gains more detailed and rich data in the form
of comprehensive written descriptions or visual evidence, such as photographs.
Disadvantages of Qualitative Research.
Another disadvantage is that this research method is very time consuming and can last for
months or even years.
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Advantages of Quantitative Research
Quantitative research allows the researcher to measure and analyse data.
Disadvantages of Quantitative Research
The main disadvantage of quantitative research is the context of the study or experiment is
ignored (Bryman and Bell, 2015).
1.3
Once key variables have been identified, they can be analysed. Reliability becomes a key
concern at this stage, and many case study researchers go to great lengths to ensure that their
interpretations of the data will be both reliable and valid. Because issues of validity and
reliability are an important part of any study in the social sciences, it is important to identify
some ways of dealing with results.
1.4
Various It tools are as follows:
Think with Google: Marketer's Almanac
American Face Finder
County Business Patterns
Business Dynamics Statistics
1.5
Sampling risk represents the possibility that an auditor's conclusion based on a sample is
different from that reached if the entire population were subject to audit procedure (Filip and
Mărăscu-Klein, 2015). The auditor may conclude that material misstatements exist, when in fact
they do not; or material misstatements do not exist but in fact they do exist. Auditors can lower
the sampling risk by increasing the sampling size.
1.6
Time effects
Representativeness is not just about the qualities of the population, but those qualities at a
particular time.
Large sample groups could be gathered from schools all across the US. But if one sample is
tested at the beginning of the year and the other group at the end, the groups now differ from one
another.
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Sample size
The smaller a sample gets, the less likely it is to be representative. For example, let’s say that 1%
of all US children would have done extremely well on the educational program (Grusec and
Hastings, 2014). This is 1 in 100 children.
1.7
Variety of data which can be used in presentations. Some of these type include :
Time Series Data
Bar Charts
Combo Charts
Pie Charts
Tables
Geo Map
Scorecard
Some of these have been described in brief with example in the end of this article.
Steps for presenting and analysis data:
Frame the objectives of the study and make a list of data to be collected and its format.
Collect/obtain data from primary or secondary sources.
Change the format of data i.e. table, maps, graphs etc in desired format
Sort data by means of grouping, discarding the extra data and deciding the required
format to make data comprehensible (Hesselbarth and Schaltegger, 2014).
Make charts and graphs to help adding visual part and analyse trends.
Analyse trends and relate the information to fulfil the objectives.
2.1
Definable, measurable, and constant or variable characteristic, dimension, property, or
value, selected from a set of data (or population) because it is considered essential to
understanding a situation (or in solving a problem). Not to be confused with a perimeter, which
sets the external boundary of a situation but does not help in assessing it, and a statistic is a
measure of a sample and not that of a population (Hettne, B. ed., 2016).
2.2
The major needs of the analysis are described below:
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Data analysis helps in structuring the findings from different sources of data.
Data analysis is very helpful in breaking a macro problem into micro parts.
2.3
The following tips should help you develop such a system:
Use folders
Adhere to existing procedures
Name folders appropriately
Be consistent
2.4
Generally there are two types of methods which are being utilised for data analysation
and they are stated below:
Qualitative research: This kind of methodology revolves around describing characteristics. It
does not use numbers (Kaplanski, G. and et. al., 2015). A good way to remember qualitative
research is to think of quality.
Quantitative research: This kind of methodology is the opposite of qualitative research because
its prime focus is numbers. Quantitative research is all about quantity.
2.5
Regression Analysis
Regression analysis assumes that the dependent, or outcome, variable is directly affected by one
or more independent variables.
Grouping Methods
Grouping methods are techniques for classifying observations into meaningful categories
(Kitchin, 2015). One grouping method, discriminant analysis, identifies characteristics that
distinguish between groups.
Multiple Equation Models
Multiple equation modelling, which is an extension of regression, is used to examine the causal
pathways from independent variables to the dependent variable.
2.6
This can be done by following ways:
1. Separate data from analysis, and make analysis repeatable
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2. If possible, check your data against another source
3. Get down and dirty with the data
4. Unit test your code (where it makes sense)
5. Document your process
6. Get feedback from others
2.7
This procedure includes a variety of methods, such as workplace assistance, financing
workers, operations services, and management.
3.1
For every reporting there is a definite structure and style which need to follow in an appropriate
and suitable manner. In this aspect, all font, style, size need to understand and inspect properly
which consider under the house style.
3.2
With every data and its analysis, various limitations are associated like its reliability and its
understanding (Lyon, Mšllering and Saunders, 2015). Thus, this section have to understand by
the company and present information properly with graphs and charts as it could be termed as
one of a major limitation which not to present information properly.
3.3
Every data need to be reference properly and put all essential source into it. This will make easy
to inspect such things properly as well as better understanding about every consideration get
done.
UNIT 19
1.1
Stop junk mail to employees who no longer work at the business through the Ecological
Mail Coalition. Visit their website and click on "Get Started" to take advantage of this
free junk mail removal service
Contact the offending mailers directly. If your business repeatedly gets junk mail from
the same companies, just send a letter to the return address on the junk mail and request
that they stop sending mail to your business (Papadopoulos and Heslop, 2014).
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