Preview

Task Managemenst business

Powerful Essays
Open Document
Open Document
4990 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Task Managemenst business
INDEX
Page no
Introduction

2

1.1 create a plan for the collection of primary and secondary data for a given business problem

2

1.2 present the survey methodology and sampling frame used

4

1.3 design a questionnaire for a given business problem

6

2.1 create information for decision making by summarising data using representative values

7

2.2 analyse the data to draw valid conclusions in a business context

10

2.3 analyse data using measures of dispersion to inform a given business scenario

12

2.4 explain how quartiles, percentiles and the correlation coefficient are used to draw useful conclusions in a business context

13

3.1 produce graphs using spreadsheets and draw valid conclusions based on the information derived
15
3.2 create trend lines in spreadsheet graphs to assist in forecasting for specified business information

16

3.3 Prepare a business presentation using suitable software and techniques to disseminate information effectively

17

3.4 Prepare a formal business report

18

4.1 use appropriate information processing tools

18

4.2 Prepare a project plan for an activity and determine the critical path

19

4.3 Use financial tools for decision making

21

Conclusion

22

References

23

Page 1 of 25

Introduction:
In business, making good decisions requires the effective use of information. Business
Decision Making provides the opportunity of learning a variety of sources and develops techniques in four aspects of information: data gathering, data storage, tools available to create useful information and presenting.
Moreover, using appropriate IT software and spreadsheets for data analysis and the preparation of information provides the advantages of using information systems which is currently used at all levels in every organisation.
Everpia London, a company with 100% Korean invested capital is the owner of highgrade Everon bedding- a reputable brand



References: Abrahamson, E. (1996). "Managerial fashion." Academy of Management Review. 21(1):254-285. http://www.jstor.org/pss/258636 Aaron,S., (January 23, 2009) Haines, S (2008). The Product Manager 's Desk Reference. McGraw-Hill; 1 edition Lawley, B Turban, Efraim (2002), Electronic Commerce: A Managerial Perspective, Prentice Hall . http://www.itu.dk/courses/DIDE/E2006/downloads/welcome_to_the_experience_econo my.pdf[Accessed 26th Jan, 2012] Selden, P. H. (December 1998). "Sales Process Engineering: An Emerging Quality Application" Trochim, W(2006) Research Method Knowledge Base [online] William MK Trochim cited 5th November, 2011

You May Also Find These Documents Helpful

  • Better Essays

    It Management Mgt2 Task 3

    • 4060 Words
    • 13 Pages

    Time is a risk for this project on several levels. 173 employees this will be affected as well as their customers. The company has agreed that this is a good move, however, if the process of setting up the equipment, managing the security and providing training goes on too long, then it will start to negatively affect the company over-all. Currently there is concern if the technology will be delivered due to an unforeseen fire, this set back will be costly in time and work. Also, a second part of time being a risk is managing faulty or dying equipment. Home offices will take longer to assess and fix in the long run. IT staff will either have travel to employee’s homes, or employees will be held up having to come into the home office for repairs.…

    • 4060 Words
    • 13 Pages
    Better Essays
  • Good Essays

    Company Q Task 1 Est1

    • 905 Words
    • 4 Pages

    Corporate social responsibility has become a topic of concern for many businesses. Businesses are striving to meet sales and profit goals, yet at the same time have a positive impact on society. The reason for this is that customers, investors, employees, government agencies, and communities are all influenced by business, yet they all have the ability to influence and impact businesses as well. A company’s reputation is at stake when it comes to being socially responsible, and many companies have developed a plan that ensures they are being socially responsible while still meeting their sales/profit goals. This paper will evaluate Company Q’s current policies and attitude and make recommendations to improve them towards social responsibility and in turn increase their bottom line.…

    • 905 Words
    • 4 Pages
    Good Essays
  • Good Essays

    There are many factors which effect the economic environment, factors such as Growth because more goods are being produced and consumed due to higher demands for products and services. Recession impacts the economic environment because in the time of recession income is low. This means people will be cautious on what they spend their money on. Labour also has a major effect because the more people that are working the better the economy. It means people can afford to purchase items allowing businesses to stay open and allow economic growth. If more people are unemployed they are unable to spend alot of money causing the economy to go into recession and undoing the economic growth. Spending power increase means the economy is generating more income.…

    • 671 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Our assignment is to carry out investigations into two companies from two different sectors; these sectors are the private sector and the public/voluntary sector. The private sector are all about making profit rather than providing a service. The public/voluntary sector on the other hand want to concentrate on providing a good and efficient service for their customers such as the NHS, they provide a medical service for residents of this country, of course this isn’t to make a profit because their service is free, whereas companies in the private sector just want to make money to then develop further and release more products which they hope will make even more profit.…

    • 2476 Words
    • 10 Pages
    Good Essays
  • Good Essays

    task 1 proprietorship

    • 1160 Words
    • 5 Pages

    business fails, creditors can come after personal assets as well as the business assets and…

    • 1160 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Err Task B Your Work Role

    • 862 Words
    • 4 Pages

    You should first discuss the grievance with your person in charge or manager. This should be done in confidence with all of the details being discussed so that action can be taken if they feel this is necessary. If your superior is not able to resolve the grievance, then it will be referred either verbally or in writing to the home owner. If you feel uncomfortable going through any of the stages alone you have the right to have another person with you at any stage of the procedure.…

    • 862 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Err Task B Your Work Role

    • 1275 Words
    • 6 Pages

    Absence Payments and Conditions (sickness injury payments, sickness notification and certification, Maternity leave, Bereavement Leave, Jury Services and other public duties. All other absences explained) + 2 more Antenatal Care, Parental leave.…

    • 1275 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    task b your work role

    • 990 Words
    • 4 Pages

    Bi Describe the terms and conditions of your employment as set out in your contract of employment or employment agreement.…

    • 990 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Business Admin

    • 2492 Words
    • 10 Pages

    Monitoring care worker making sure they arrived carry out task to service user and stay the duration…

    • 2492 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    Then, go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly marked with your name, the course title and the Unit and Assessment number.…

    • 861 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business and Admin

    • 1824 Words
    • 8 Pages

    Then, go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly marked with your name, the course title and the Unit and Assessment number.…

    • 1824 Words
    • 8 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Admin

    • 368 Words
    • 2 Pages

    1. What are the employer’s responsibilities for health, safety and security in a business environment?…

    • 368 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business & Admin

    • 330 Words
    • 2 Pages

    Section 6 – Understand the purpose of improving own performance in a business environment and how to do so…

    • 330 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Business Management

    • 856 Words
    • 4 Pages

    8. Assume you are compiling your research report. What are the limitations of this study?…

    • 856 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Introduction: The following assignment explores the importance of using information to inform and support strategic decision making to achieve organisational goals and objectives as set out by unit learning outcomes (LO) pertaining to this unit 7004. These four learning outcomes are to: LO1: Be able to understand the impact of management information on decision making; LO2: Be able to understand the importance of information sharing within the organisation; LO3: Be able use information to inform and support strategic decision making; and LO4: Be able to monitor and review management information. In order to achieve these learning objectives, the writer has drawn upon from his practical work experience as a practicing facility manager, research through various sources in the field of information management and technology. The theme of this assignment is focused around three distinct contexts within the learning outcome domains- identifying different kind of information; sharing information and managing knowledge; and using information for strategic decision making. Throughout this paper the focus has been the strategic information management which is defined as an acquisition, recording, organising, storage, dissemination, retrieval and use of information in strategic decision making process. Information systems, defined as those interrelated components working together to collect, store and disseminate information to support decision making, coordination, control, analysis and visualisation in an organisation are the main subject area highlighted as strategic organisational resources. Information systems can be either paper based or technology based, however this assignment takes information technology (IT) based view and considers that Data, Information and Knowledge management as key to the to the understanding of the subject.…

    • 796 Words
    • 4 Pages
    Satisfactory Essays

Related Topics