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Learner Name Assessor Name Qualification Unit Number and Title Hand Out Date Hand In Date Mr. Macario Fernandes Higher National Diploma Level 5 Unit 6 Business Decision Making 14th September 2013 15th October 2013
Assignment Title
Criteria reference [Learning Outcome] PASS LO1 Be able to use a variety of sources for the collection of data, both primary and secondary LO2 Understand a range of techniques to analyse data effectively for business purposes
To achieve the criteria the evidence must show that the student is able to: (1.1) create a plan for the collection of primary and secondary data for a given business problem (1.2) present the survey methodology and sampling frame used (1.3) design a questionnaire for a given business problem (2.1) create information for decision making by summarising data using representative values (2.2) analyse the results to draw valid conclusions in a business context (2.3) analyse data using measures of dispersion to inform a given business scenario (2.4) explain how quartiles, percentiles and the correlation coefficient are used to draw useful conclusions in a business context
Task No. 1 1 1 2 2 2 2
Criteria reference To achieve the criteria the evidence must show that [Learning the student is able to: Outcome] MERIT M1: Identify and apply strategies to find appropriate solutions effective judgements have been made complex problems with more than one variable have been explored an effective approach to study and research has been applied relevant theories and techniques have been applied a range of methods and techniques have been applied M2: Select/design and apply appropriate methods/ techniques a range of sources of information has been used the selection of methods and techniques/sources has been justified the design of methods/techniques has been justified complex information/data has been synthesised and processed appropriate learning methods/techniques have been applied the appropriate structure and approach has been used coherent, logical development of principles/concepts for the intended audience a range of methods of presentation have been used and technical language has been accurately used communication has taken place in familiar and unfamiliar contexts the communication is appropriate for familiar and unfamiliar audiences and appropriate media have been used.
Task No.
Criteria reference [Learning Outcome] DISTINCTION D1: Use critical reflection to evaluate own work and justify valid conclusions
To achieve the criteria the evidence must show that the student is able to: conclusions have been arrived at through synthesis of ideas and have been justified the validity of results has been evaluated using defined criteria self-criticism of approach has taken place realistic improvements have been proposed against defined characteristics for success autonomy/independence has been demonstrated substantial activities, projects or investigations have been planned, managed and organised activities have been managed the unforeseen has been accommodated the importance of interdependence has been recognised and achieved ideas have been generated and decisions taken self-evaluation has taken place
Task No.
convergent and lateral thinking have been applied D3: Demonstrate convergent/lateral/ problems have been solved creative thinking innovation and creative thought have been applied receptiveness to new ideas is evident effective thinking has taken place in unfamiliar contexts Learner Declaration I certify that the work submitted for this assignment is my own and research sources are fully acknowledged. Learner signature: Date:
Assignment Instructions
You are required to produce an academic report, answering the questions below. You are required to follow the formal presentation format in Report and support with the relevant evidences. You are required to reference sources with Harvard Referencing Style format. Collusion or collaboration will be considered as plagiarism and strictly prohibited.
Assignment Brief
Scenario
Choose an organisation of your choice [preferably your work place], identify a business problem in a given department and answer the following tasks while doing your research:
Task 1: Be able to use a variety of sources for collection of data, both primary and secondary
Prepare and implement a plan for the collection of primary and secondary data for assessing an area of business of your choice for a given problem. [preferably your workplace] Present the survey methodology and sampling frame used Develop and use a questionnaire and justify its design for a given business problem
Assessment Criteria: 1.1, 1.2, 1.3 Grading Criteria: M1, M2, M3, D1, D2, D3 Evidence: Report and Video
Task 2: Understand a range of techniques to analyse data effectively for business purposes
Create information for decision making by summarising data using representative values Analyse and use the results to draw valid and useful conclusions in a business context. Analyse the data collected in Task 1 using measures of dispersion, and use to assess an area of business of your choice. [To inform a given business scenario] Use quartiles, percentiles and correlation coefficient, and use these to draw useful conclusions in a business context. [Relating to your research in task 1]
Assessment Criteria: 2.1, 2.2, 2.3, 2.4 Grading Criteria: M1, M2, M3, D1, D2, D3 Evidence: Report and Viva
Sources:
Business Decision Making Pipa Riley Edexcel Level 4 and 5
This brief has been verified as being fit for purpose Assessor Signature Internal Verifier Signature Ms. Priya Chowdhury Date Mr. Macario Fernandes Date