Assignme

nt
Course Title

BTEC Business Management

Unit Name

Business Decision Making

Student
Name

Edexcel No

Unit Number 23650Z

Reg. No

Batch No

BM 4

E-mail

Mr. Inthiyas Saleem

I confrm that the work

Learner
Declaration submitted for this

Assessor
Module
Setup
Learning
Outcomes

assignment is

1, 2, 3, 4

Issued
Submission
Revie
w
Date
Progress
of the
student

Signature

10th July 2012

Received

15th August 2012

By & Date

18th July, 12

21st July, 12

Signa ture
(Assessor)

Feedback from the Assessor:

Gene ra l C ommen ts

Key Strength

To Improve

Grad
e:

Assessors
Signature:

Internal
Verifier
(IV):
Date:

IV
Signatur
e:

28th , July 12

SENARIO
One
Assume you are a newly appointment Management Trainee to the Labor Department and
have just completed HND Business Management program. One critical issue you have noticed
that is the low of moral, motivation and evident lack of job satisfaction among employees of a
particular business between the different departments. Having brought up this observation,
the Labor Offcer has called upon to you and presents him with a report for Decision making
process and to correct this issue. Using your learnings from the Business Decision Making
class your report must discuss and the following areas in specific.

Task
1:
1.1. , 1.3 Defne the term Data and identify the sources
available to obtain the required information and state the
problem that the Business faces in order to conduct a
survey. You may use the above scenario and come up
with your own questionnaire.
1.2. Evaluate the advantages and the disadvantages of
primary and secondary data for your research.

P1.1, M1, D2

Assignme
nt
Type
Assignment

P1.1, M1, D2

Assignment

1.3. Justify your survey methodology and sampling frame for

the research. (At least collect the data from 10 Employees)
and attach with your answer sheets.

P1.2, M1, D2

Assignment

Tasks
2,3

Grading
(P/M/D)

Grading
(P/M/D)

2.1 Using measures such as mean, mode and median

summaries the
data collected from the questionnaire and comment on your
conclusions made with regard to the data. (especially on the
2.2
Calculate
the standard deviation and variance for the
salary
)
salary the employees receive.

P2, M2, D3

2.3 Calculate quartiles, percentiles and correlation

coeficient for the data collected. (Assume the two
variables are Experience in year (x), Salary as (y).

P2.3, M2

3.1, 3.2 & 3.3 By using appropriate and relevant graphs,

charts and tables present the data collected and make
your conclusions.

P3, M3, D3

Assignme
nt
Type

Assignment
P2.2, M2, D3
Assignment
Assignment

Assignment

Tasks
4.1
4.1.1 Defne the term Management information system

Assignme
nt
Type

Grading
(P/M/D)
P2, M2, D1

Assignment

4.1.2 Identify different types of information strategies available P2.2, M2, D3

in an
Organization and an example for each system
P2.3, M2, D3
4.1.3 Elaborate the term Internet, Intranet & Extranet and
argue for and against these tools in a Business Context

Assignment
Assignment

(4.2
)

Note
:
Assume the Annual requirement of the material is
500,000
Units at a rate of
GBP 8
The purchasing department will have to incur GBP 200 to
place an order. The average storage cost per unit expected to
be GBP 2 per annum.

Normal usage or average requirement

1400 units per

day Maximum usage

1600 units per

day Minimum usage

1200 units per

day Re-order period

20 to 30 days

Time required to receive emergency supplies

Days

Task
4:2

4.2.1. Define the term inventory and

elaborate the components of it.

4.2.2. Identify and briefly explain the
motives for the inventory
4.2 .3. Identify 3 inventory management techniques
available and provide one real world example for
each
technique.
4.2.4 As
per the information given below answer the
required questions
Requirements
4.1) Calculate EOQ
4.2) ROL
4.3) Maximum Stock Level
4.4) Minimum Stock Level
4.5) Bufer Stock/ Safety Stock Level

Grading
(P/M/D)

Assignme
nt
Type

P1, M1, D1

Assignment

P2, M1

Assignment

P3, M2. D2

Assignment

P4.4, M2, D3

Assignment

4.6) assume a 25 pence discount will be given to

each unit, if the company purchases more than
20000 units at a time and evaluate the benefit of
this discounting ofer.

(4.3) The following Chart shows the activities passes through a project to be
completed
Activity
A
B
C
D
E
F
G
H
I
J
K

Preceding
-A
B
-C
E
E
E
F,G,
D
I,F
J

Duration
Months
7
10
9
12
7
8
6
7
8
10
4

Task
4.3
4.3.1 Explain the tools available for the project

Grading
(P/M/D)

Assignme
nt
Type

P1, M1

Assignment

P2, M1,D1

Assignment

4.3.3 Identify the diferent roots available to

P2, M2, D2

Assignment

4.3.4 Identify the earliest starting time and the

P3, M3, D3

Assignment

management and its control

4.3.2 Develop a network Diagram by using the above

chart for a project

complete the above project and the critical Path

latest starting time for each activity.

(4.4) Use the Chart for the Investment Appraisal

Year

Cash Flow ()

Discount Factor
(5%)

800,000
+56,00
0
+500,00
0
+150,00
0
+90,00
0
+210,00
0
+250,00
0

1
2
3
4
5
6
Tota
l

Task
4.4
4.4.1 Explain the term Investment and the

Grading
(P/M/D)

Present Value
() (CF x
DF)

Assignme
nt
Type

P1, M1

Assignment

P2, M1,D1

Assignment

P2, M2, D2

Assignment

P3, M3, D3

Assignment

importance of investment appraisal

4.4.2 Explain the available techniques to

appraise an investment
4.4.3 Evaluate each technique from the investors

point of view
4.4.4 Identify the Net Present Value of the above
project and comment on it.

Deliverable: Hard & Soft copy of word

processed Report. NOTE:

You should include the COVER PAGE and the LAST 5 PAGES with Grading Criteria
of this assignment including the Declaration of Academic Honesty. When you submit
your fnal report.

More work is required to achieve a pass. If you submitted your assignment after the
deadline set above your assignment will be only marked for PASS provided it falls within
the extended deadline.

If submitted after the extended deadline, the assignment will not be accepted
whereas you shall be asked to go for a NEW assignment.

Plagiarism is strictly prohibited and will lead for a Fail Grade

Any assumptions made should be clearly mentioned.

Instructions to students:
1.

All assignments should comprise of the standard Front Cover given. No other
front page will be accepted.

2. All assignments should be bound with BLACK hard board cover as the last
sheet.
3.

4.

Clearly label the CDS with your Name, Batch no and Student no and attach it
to the Back cover of your assignment.
Report Writing Guidelines:
1. Every Assignment should have an Introduction and Conclusion
2. The Standard Table of Contents should be generated.
3. All the Figures, Tables, Diagrams etc. should be numbered.
4. Main Heading Font : Arial; Size 16
5. Sub heading : Font : Arial; Size 14
6. Body text :Font : Arial; Size 11
7. Paragraph : Single line
8.

Margins: Top:1

Bottom: 1

Left:1 Right:1

9. Header include the Module name on the Right hand side

10. Footer include the Page number on the Right hand side
11. All sections should have continuity and pages should be clearly labeled.
12. References clear references for all the materials, books, articles, website etc
should be

given in the following

format:
o Books Title, Author, ISBN No, Publisher & Edition, Chapter & Page
Nos.
o URL: Complete address e.g.
http://www.ab s.co m/index/1234 /xyz.asp... and Date
o Article, Journals : Name of Published material, Date, Author

Declaration of Academic Honesty

Instructions
1. You must submit a completed copy of this form every time you submit an
assignment.
2. You must submit this declaration electronically, either within your assignment
file, or as a separate file.
3. If you do not submit this declaration, your work will not be assessed.
4. If any student is found to have been dishonest, then the student may
face disciplinary action as stated in the BCAS Plagiarism Policy.

Students Full
Name: Date:
Assignment Title:
Declaration. (Insert YES or NO here):
1. I confirm that this assignment is my own work:
2. I confirm that where ever I have used someone elses
words, concepts, graphics or data in my work, I have clearly
indicated exactly where I have done so, using the Harvard
referencing system. (insert yes or no here):
3. I confirm that I have clearly indicated, by referencing, where I
have used someone elses words, concepts, graphics or data,
irrespective of whether I have quoted verbatim or I have
paraphrased in my own words.
4. I have clearly indicated in my assignment any work
that has been contributed by another student.
5. I have clearly indicated in my assignment any work that has
been carried out collaboratively with another student/s

Merit Criteria
Reference
Learning Outcome

No.

M1. Identify and apply

strategies
To find appropriate
solutions.

M2. Select design

apply appropriate
methods
Techniques.

M1

and

M3. Present and

communicate appropriate
findings.

M2
/

M3

Assessment Criteria / Possible Evidence

Further research based on theory is needed;

show your Ev idence in an example as taken
from an organiz ation. Your example should point
out the research has been conducted and
relevant theories are explained by applying
theory in to
Practical scenario.
(1.1/1.2/1.3/4.2.1/4.2.2/4.3.14.3.24.4.1/4.4.2)
Diferent methods and techniques have been
applied and used in order to solve identified and
given problems of the Scenario. In depth
research is shown in selecting the methods
And tech niques and also used in
analyz ing.
(2.1/2.2/2.3/4.1.1/4.1.2/4.1.3/4.2.34.2.4/4.3.3/
4.4.3)
An accurate standard for presenting the
information has been Used. Wide range of
methods of presentation (Charts, Diagrams,
Graphs, etc) has been used to present data and
tech nical language has been accurately u sed
when deriving Conclusions.
(3.1/3.2/3.3/4.3.4/4.4.4)

Achieved Yes / No /
(Page Nos.) Partial

Distinction Criteria
Learning Outcome

D1. U se critical reflection to

evaluate own
work
and
justify valid Conclusions.

D2. Take responsibility for

managing and organizing
activities

D3. Demonstrate convergent

lateral creative thinking

No

D1

D2

D3

Assessment Criteria

Report is required with proper assessment for the

usefu lness of the given solution and good reason
shown in
The answers and relevant conclusion. The
solution has been Arrived at through
combination of ideas. (4.1.1/4.2.1/4.3.2/4.4.2)
Substantial research has been carried out in a
planned and well organized manner and work
has been well managed in The process of
gathering information. Information should be
collected from different sources in order to get a
Complete understanding of the scenario.
(1.1/1.2/1.3/4.2.3/4.3.3/4.4.3)
Solution has been arrived with accuracy and
proper facts Used have been verifed. All the
problems have been solved by using relevant
theories and for the collected
Information.
(2.1/2.23.1/3.2/3.3/4.1.2/4.1.3/4.2.4/4.3.4/4.4.4)

Tasks
Referenc
e (Page
Nos.)

Achieve
d
Yes / No /
Partial

COMMON SKILLS E VALUATION SHEET

By completing this assignments and submitting proper evidence, you can claim for the following common skills
outcomes.

COMMON SKILLS
1).

Managing
and
developing
self

2).

Working with
and relating to
others

3).

Communicating

Assessed By

CRITERI
A
1.1. Manage own roles and responsibilities

Assignme
nt

1.2. Manage own time in achieving objectives

1.3. Undertakes personal and career development

1.4. Transfer skills gained to new and changing situations

& contexts
2.1. Treat others values, beliefs and opinions with
respect
2.2. Relate to and interact effectively with individual
groups
2.3. Work effectively as a member of team

3.1 Receive and respond to a variety of information

3.2 Present information in a variety of information

3.3 Communicate in writing

3.4 Participate in verbal and non verbal communication
4).

Managing tasks
and solving
problems

5). Applying
Numeracy
6). Applying
Technology
7). Applying design
and creativity

4.1 Use information sources

4.2 Deal with a combination of routine and non routine

problems
4.3 Identify and solve routine and non routine problems

5.1 Apply Numerical skills and techniques

6.1 Use a range of technological equipment and systems

7.1 Apply a range of skills and techniques to develop a
variety of ideas in creation of new/modified products
7.2 Use a range of thought processes

Signature of Assessor

Date

In Class

GRADE

Remarks