Business Decision Making

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  • Published : December 18, 2011
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Comprehensive Report with visual presentation and notes You are the Operations Manager for Abyil Ltd, a business strategy consultancy company. You are requested to submit a MIS report to the board of directors of your company. Your task is to prepare the necessary information for decision making using details provided below. Objectives: (Outcomes) 1. Use a variety of sources for the collection of data, both primary and secondary 2. Apply a range of techniques to analyse data effectively for business purposes 3. Produce information in appropriate formats for decision making in an organisational context 4. Use software-generated information to make decisions at operational, tactical and strategic levels in an organisation In your assignment you should consider: (assessment criteria) 1. • 2. • • 3. • • 4. • • • Review and evaluate inventory control systems in an organisation Prepare a spreadsheet to enable material requirements planning and calculate economic order quantities Prepare a project plan for an activity and determine the critical path Using data from a given business scenario, prepare a range of graphs using spreadsheets and draw valid conclusions based on the information derived Use trend lines in spreadsheet graphs to assist in forecasting for specified business information and thus inform decision making Create information for decision making by summarising data using representative values, and use the results to draw valid and useful conclusions in a business context Analyse data using measures of dispersion, and use to inform a given business scenario Integrated with below

Grading Guidance: 1. Brief explanations earns a PASS 2. Answers with relevant examples earns a MERIT 3. Answers with appropriate examples and comparative discussions / recommendations earns a DISTINCTION

Oxford College of London
Assessment format: • This assessment should be in a form of a Management Report on Management Information Production. • You should submit a set of...
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