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Assignment Brief Learner Name Assessor Name Mr. Macario Fernandes Qualification Higher National Diploma Level 5 Unit Number and Title Unit 6 Business Decision Making Hand Out Date 14 th September 2013 Hand In Date 15 th October 2013 Assignment Title Research the business problem and present its findings Criteria reference [Learning Outcome] PASS To achieve the criteria the evidence must show that the student is able to: Task No. Evidence LO1 Be able to use a variety of sources for the collection of data, both primary and secondary (1.1) create a plan for the collection of primary and secondary data for a given business problem 1 Tool used for research, Report and Viva, Questionnaire (1.2) present the survey methodology and sampling frame used 1 (1.3) design a questionnaire for a given business problem 1 LO2 Understand a range of techniques to analyse data effectively for business purposes (2.1) create information for decision making by summarising data using representative values 2 Report and Viva (2.2) analyse the results to draw valid conclusions in a business context 2 (2.3) analyse data using measures of dispersion to inform a given business scenario 2 (2.4) explain how quartiles, percentiles and the correlation coefficient are used to draw useful conclusions in a business context 2

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Page 1: BDM - Assignment Brief-Final - LO1 & LO2

Assignment Brief

Learner Name

Assessor Name Mr. Macario Fernandes

Qualification Higher National Diploma Level 5

Unit Number and Title Unit 6 Business Decision Making

Hand Out Date 14th September 2013

Hand In Date 15th October 2013

Assignment Title Research the business problem and present its findings

Criteria reference [Learning Outcome] – PASS

To achieve the criteria the evidence must show that the student is able to:

Task No.

Evidence

LO1 Be able to use a variety of sources for the collection of data, both primary and secondary

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

1 Tool used for research, Report and Viva, Questionnaire

(1.2) present the survey methodology and sampling frame used

1

(1.3) design a questionnaire for a given business problem

1

LO2 Understand a range of techniques to analyse data effectively for business purposes

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

2

Report and Viva

(2.2) analyse the results to draw valid conclusions in a business context

2

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

2

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

2

Page 2: BDM - Assignment Brief-Final - LO1 & LO2

Criteria reference [Learning Outcome] – MERIT

To achieve the criteria the evidence must show that the student is able to:

Task No.

Evidence in Page No.

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

M2: Select/design and apply appropriate methods/ techniques

relevant theories and techniques have been applied

a range of methods and techniques have been applied

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

M3: Present and Communicate appropriate findings.

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.

Page 3: BDM - Assignment Brief-Final - LO1 & LO2

Criteria reference [Learning Outcome] – DISTINCTION

To achieve the criteria the evidence must show that the student is able to:

Task No.

Evidence in Page No.

D1: Use critical reflection to evaluate own work and justify valid conclusions

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

D2: take responsibility for managing and organising activities

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

D3: Demonstrate convergent/lateral/ creative thinking

ideas have been generated and decisions taken

self-evaluation has taken place

convergent and lateral thinking have been applied

problems have been solved

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:

Page 4: BDM - Assignment Brief-Final - LO1 & LO2

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

Page 5: BDM - Assignment Brief-Final - LO1 & LO2

This brief has been verified as being fit for purpose

Assessor Mr. Macario Fernandes

Signature Date

Internal Verifier Ms. Priya Chowdhury

Signature Date