BSBINM601 Project: Analyzing Information and Business Decision Making
VerifiedAdded on 2023/06/10
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Project
AI Summary
This project analyzes CoffeeVille's business performance, utilizing the provided data and scenario information to identify patterns, trends, and potential causes of business issues. The analysis includes a force field analysis, financial data review, and market trend assessment. The project also focuses on customer satisfaction, revenue analysis, and competitive analysis. The goal is to make recommendations for improving sales, market share, and customer satisfaction, while addressing challenges like decreasing economic trends and competitor presence. The project uses statistical techniques to determine the potential effect on the business and document evaluation processes. The project aims to make informed decisions on business issues and disseminate relevant information within the organization, using risk management plans and sensitivity analysis to determine acceptable courses of action. This project aligns with the BSBINM601 Manage information and knowledge assessment criteria, which includes obtaining, analyzing, and disseminating information for effective decision-making.
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