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The area of each province: we need to find information about this to know
if it suitable for the
construction of the factory or not. We can find it on the General Statistics
Office of London (GSO)s
website, in Statistics data: land used by province. These data bring us the
information of the land use ondifferent purposes so that we can know how
.many areas have been used and if Everpia can build a factorythere or not
The number of SMEs which specialized in textiles: find out the province
that has text
ile is the leadingeconomic power or which province has the big
.concentration of small and medium textile companies
This kind of information can be found from the Department of Planning
and Investment (DPI)s website
of each province. For example: the website hungyenbusiness.gov.uk
use function Finding enterprises by branch. It will provide us the ,
accuracy source on registered firms and their kind of business. And a very
important thing that we need to know is the legitimacy of the company. So
we must contact a Chamber ofCommerce or Government Trade Office to
.verify their legitimacy
Population of each province: this data help us to figure out where the
human resource is abundant and
favorable for employees seeking for the factory. We can search on
GSOs website; there is the data of
average population by province there.With all the secondary data above
we can choose out 3 cities that have the best fits with the first twocriteria
that are provided by Everpia.Besides, it is better that we can see first-hand
the reality, by observation we will know clearer about thefactors that can
.influence our decision in choosing the province
Primary data
From the data that we have searched from the secondary data the number
of SMEs which specialized intextiles, we can list out the textile companies
of each province with this information: Name of thecompany, the location
and kinds of textile manufacturing that they do.In order to investigate the
production capacity and the firm behavior we need to collect primary
data.Primary data are collected especially for the purpose of whatever
.survey is being conducted (Bpp, 2004, p7)
In this case, we will do a survey to investigate the companies' features to
satisfy the third criteria byfinding the information about fixed and
operating capital, number of employees, their education andskills,
management skills and the credibility. The survey methodology is
.presented below
province B
textile companies 15
province C
textile companies 30
Mode 22
First quartile
20Third quartile 24Skewness 6.565967484Age Distribution of Everpia
company.With this variable, the mean, mode and median are nearly the
same.The mean is 22.48394* The average age of the employees at the
Everpia company
.is 22,5
The median is 21* In the company there are 50% of students have the
.age above 21 and 50% of employee have the age below 21
The mode is 22
The number of employee aged 22 is the most popular in the *
Company.The first quartile is 20* 25% Employee aged equal or less than
20.The third quartile is 24
.employee aged equal or less than 24 75% *
When there are extreme values in a set of data, we prefer to use mode *
or median, because the mean will be affected by the extreme values so it
makes the result inappropriate. With the data of culture back-ground,
because it's qualitative data so we cannot find the mean or median we
just find out that UK is the culture back-ground that occur the most in
.the data
analyse the data to draw valid conclusions in a business 2.2
context
To calculate the skewness of data distribution, we use the Coefficient of
Skewness formula.If C of S is nearly +1 or -1, the distribution is highly
skewed.In this case, we can see that both C of V of age and expected
salary are positive* The distribution is skew to the right.Because the
skewness of expected salary is higher than the skewness of age so the
expected salary is morespread out.We can see the histograms which are
drew below to check the data distribution that we have
:commented.Salary
Salary
%100,000-200,000
200,000-800,000<
800,000<
Frequency
9
4
0
Cumulative
99.20%
100.00%
100.00%
It can be said that Everpia Company has found the stability in domestic
market but theywere losing their place in the international markets
although they used to be successful before with the
high sales. So its nece
ssary that the company need to attach more special importance to the
internationalmarket by some prosper strategy and plan in marketing or in
the quality of product in order to affirmed
.the companys brand and attract more foreign partner
01020304050607080902003200420052006DomesticInternational
create trend lines in spreadsheet graphs to assist in 3.2
forecasting for specified businessinformation
23
Particulars FY 2007-2008 FY 2008-2009 AverageTATA Steel 63.85 69.7 66.8
SAIL 18.25 14.95 16.6If a person seeking for more profit he can go for
(TATA Steelc
24
This section shall contain, either directly or by reference, plans for the
supporting functions of thesoftware project. Supporting functions include
:(but may not be limited to)
,Software quality assurance
25
This section will state the ordering relations among work packages to
account for interdependenciesamong them and dependencies on external
events. Techniques such as dependency lists, activitynetworks, and the
critical path method may be used to depict dependencies among work
packages.3 Resource RequirementsIdentifies, as a function of time, is
estimated of total resources required to complete the project. Numbersand
types of personnel, computer time, hardware, software, office facilities,
travel, training, andmaintenance requirements are typical resources that
should be specified.4 Budget RequirementsIdentifies, as a function of time,
.is estimated of total budget dollars required to complete the project
Use financial tools for decision making 4.3
:Conclusion
In Business Decision Making, using a variety of sources for data collection
in order to analyse thedifferent costs of business is presented. It also
applies a range of techniques for analysing data for the purpose of
business. By using different kind of graphs show the business how to draw
valid conclusions based on the information and leads to prepare a formal b
usiness report. Moreover, managementinformation systems suggest