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Course
Title:
D/601/0578
Unit No.
Business Decision
& Title:
Edexce
l No.:
Making
Semeste
r/ Batch 5,6,7
No.
Learning
Outcome LO1, LO2, LO3,LO4
s:
Issued
Date:
Centre
Ref.
BM/QR/04/
No.:
E-mail:
Submit
13.06.2015
Date:
03.05.2015
Decision making
Assignm
process of real time
ent Title:
business
Studen
t
Name:
Assess
Mr. Zaheer MOHAMED
or:
Assessment Feedback
Gra
de
Achieve
d
Criteria
Comments*
* The assessor has made sufficient comments within the work and brief is
mentioned here.
Final Grade
Awarded :
Assessor Signature:
Date:
IV Signature:
Date:
Student Signature:
Date:
To be filled by the Student:
Criter
ia
Page
Nos.
Criteri
a
Page
Nos.
P1.
1
P1.
2
P1.
3
M1
P2.
1
P2.
2
P2.
3
M2
P2.
4
P3.
1
M3
P3.
2
P3.
3
D1
P3.
4
P4.
1
D2
P4.
2
P4.
3
D3
Edexcel No.
Declaration
Centre Ref.
No.
(Insert
YES or NO)
Task
Date:
Comments
1
2
3
3
4
Signatu
re
Date
REVIEW
Learning
Outcomes
1 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
LO3 Be able to
produce
information in
Tasks
Assessment Criteria
1.1 create a plan for the collection of primary and secondary data for
a given business problem
1.1
1.2
1.3
2.1
2.1
2.1
2.2
3.1
appropriate
formats for
decision making in
an organisational
LO4 Be able to
use software
generated
information to
make decisions in
an organisation
3.2
3.3
3.3
4.1
4.2 prepare a project plan for an activity and determine the critical
path
4.2
4.3
Task
1.2 /2.1b
2.1a/3.2/4.3
concepts.
M2.2. A range of methods and techniques have been
applied to come up with the final answer which shows the
2.1c/4.2
3.1
1.1
3.3/4.1
3.1
answer.
D1.2 The validity of results has been evaluated using
defined criteria using appropriate techniques as per the
2.1c
questions.
D2.1 The students must be able to do proper Harvard
Referencing to show that they have been able to achieve
3.2/4.1
4.3
time frames
D3.1 Ideas have been generated and decisions taken
2.1a
3.3
Grading
Assignment
(P/M/D)
type
P 1.1
1.2
M3.1
P 1.2
Assignment
P 1.3
Task 2
Understand a range of techniques to analyze data
effectively for business purposes
2.1
2.2
Create
information
for
decision
making
by
2.3
2.4
Grading
Assignmen
(P/M/D)
t type
P 2.1/M 2.1/D
3.1
P2.2/M1.1
P2.3/M2.2/D1.
Assignment
Assignment
P 2.4
Task 3
Be able to produce information in appropriate
formats for decision making in an
Grading
Assignment
organizational context
(P/M/D)
type
3.1
For
the
data
collected
you
need
to
prepare
on
the
information
derived.
(You
P 3.1
Assignment
M2.5/ D1.1
are
P 3.2/M 2.1/
D 2.1
Assignment
P 3.3, P 3.4
M3.5
D 3.5
3.4
Business Report
and Individual
Presentation
(15-20 minutes)
Scenario 2
ZED LLC is to launch a product and they are currently studying the feasibility of the new project.
The company is also looking at the following options and actions to be taken for another two
new projects.
Project: AXA
Activ
ity
Description
Immediate
precedents
Expected time
(weeks)
Preliminary Design
Market Research
Obtain Engineering
Quotes
Construct Prototype
Prepare Marketing
Material
Costing
Product Testing
Pilot Survey
B,E
Pricing Estimates
Final Report
F,G,I
4 year budgeted revenue and cost forecast has been given for the new product development
(i)
Project A
Year 0
Year 1
Year 2
Year 3
Year 4
Revenue
9m
7m
12m
13m
Operation cost
2m
3m
4m
3m
Investment
24m
10
(ii)
Project B
Year 0
Investment
Revenue
Year 1
Year 2
Year 3
Year 4
11m
12m
9m
8m
3m
2m
3m
5m
24m
Operation cost
Cost of capital is 8%
Task 4
Grading
Assignment
(P/M/D)
type
P 4.1
Assignment
M3.5
D 2.1
4.2
P 4.2
Assignment
M2.2
4.3
P 4.3
Assignment
M2.1
D2.3
11