Business Sample Assignment

Assignment front sheet

QualificationUnit number title and level

BTEC Level 5 HND Diploma in BusinessUnit 6: Business Decision Making - Resit - Level :5

Student name and ID number Assessor name

Mohit Kumar Pun

Date issuedCompletion dateSubmitted on

1st August 20145thSeptember 2014 before midday

Assignment titleCrossrail - Business Decision Making

Learning OutcomeLearning OutcomeACIn this assessment you will have the opportunity to present evidence that shows you are able to:Task no.Evidence(page no)

LO1

Be able to use a variety of sources for the collection of data, both primary and secondary1.1Create a plan for the collection of primary and secondary data for a given business problem

1.2Present the survey methodology and sampling frame used

1.3Design a questionnaire for a given business problem

LO2Understand a range of techniques to analyse data effectively for businesspurposes2.1Create information for decision making by summarising data using representative values

2.2Analyse the results to draw valid conclusions in a business context

2.3Analyse data using measures of dispersion to inform a given business scenario

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

LO3

Be able to produce information in appropriate formats for decision making in anorganisational context3.1Produce graphs using spreadsheets and draw valid conclusions based on the information derived

3.2Create trend lines in spreadsheet graphs to assist in forecasting for specified business information

3.3Prepare a business presentation using suitable software and techniques to disseminate information effectively

3.4Produce a formal business report

LO4

Be able to use software-generated information to make decisions in an organisation.4.1Use appropriate information processing tools

4.2Prepare a project plan for an activity and determine the critical path

4.3

Use financial tools for decision-making.

Instructions

An electronic copyof your assessment must be fully uploaded by the deadline date and time. You must submit one single PDF or MS Office Word document. Any relevant images or screenshots must be included within the same MS Office Word or PDF document. The last version you upload will be the one that is marked. Your paper will be marked if you have indicated this as your final submission. Review the mitigating circumstances policy for information relating to extensions. The file size must not exceed 20MB. Answer the criteria in order, clearly indicating the pass criteria number. Ensure that all work has been proof-read and checked prior to submission. Ensure that the layout of your documents are in a professional format with font style Arial, font size 12 for the text, font 14 for sub heading and font 16 for main heading, line spacing 1.5 and justified. Use the Harvard referencing system; otherwise it will be considered as plagiarised work. Ensure that you back-up your work regularly and apply version control to your documents. Ensure that any file you upload is virus-free, not corrupted and not protected by a password otherwise it will be treated as a non-submission. You must NOT submit a paper copy or email of this assessment to any member of staff at LSST. Your work must be original with the appropriate referencing

Learner declaration

I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.

Student signature: Date:

London School of Science & Technology

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 201410

Assignment brief

Unit number, title and levelUnit 6: Business Decision Making Resit Level :5

QualificationBTEC Level 5 HND Diploma in Business

Date Issued 1st August 2014

Completion date5th September 2014

AssessorMohit Kumar Pun

Assignment titleCrossrail - Business Decision Making

Purpose of this assignment The aim of this unit is to give learners the opportunity to develop techniques for data gathering and storage, an understanding of the tools available to create and present useful information, in order to make business decisions.

In business, good decision-making requires the effective use of information. This unit gives learners the opportunity to examine a variety of sources and develop techniques in relation to four aspects of information: data gathering, data storage, and the tools available to create and present useful information.

ICT is used in business to carry out much of this work and an appreciation and use of appropriate ICT software is central to completion of this unit. Specifically, learners will use spreadsheets and other software for data analysis and the preparation of information. The use of spreadsheets to manipulate of numbers, and understanding how to apply the results, are seen as more important than the mathematical derivation of formulae used.

Scenario

Source: http://www.crossrail.co.uk/

Crossrail is among the most significant infrastructure projects ever undertaken in the UK. From improving journey times across London, to easing congestion and offering better connections, Crossrail will change the way people travel around the capital.GENERAL CROSSRAIL INFO

Crossrail is Europes largest construction project work started in May 2009 and there are currently over 10,000 people working across over 40 construction sites. Over 44million working hours have been completed on the Crossrail project so far. Crossrail will transform rail transport in London, increasing capacityby 10%,supporting regeneration and cutting journey times across the city. The Crossrail route will run over 100km from Reading and Heathrow in the west, through new tunnels under central London to Shenfield and Abbey Wood in the east. There will be 40Crossrail stations including 10new stations at Paddington, Bond Street, Tottenham Court Road, Farringdon, Liverpool Street, Whitechapel, Canary Wharf, Custom House, Woolwich and Abbey Wood. Crossrail will bring an extra 1.5 million people to within 45 minutes of central London and will link Londons key employment, leisure and business districts Heathrow, West End, the City, Docklands enabling further economic development. The first Crossrail services through central London will start in late 2018 an estimated 200 million annual passengers will use Crossrail. The total funding envelope available to deliver Crossrail is 14.8bn.Sources: http://www.crossrail.co.uk/benefits http://www.crossrail.co.uk/

Task 1 This tasks offers you an opportunity to achieveL.O1: 1.1, 1.2 and1.3

You have been hired as a consultant by the government to carry out research to find out what the perceived benefits of the crossrail project are for local community.

Guidelines for the PlanYou are to create a research plan indicating how you will collect primary and secondary data. This plan should include the following sections: Background (1.1) Rationale (1.1) Objective of research (1.1) Methodology section covering among others, qualitative and quantitative techniques (1.2) Data analysis section (1.2) Timeframe within which you want the research conducted (1.2) A budget section for this research (1.2) Design a sample questionnaire (1.3)

Task 2This tasks offers you an opportunity to achieve LO2: 2.1, 2.2, 2.3, 2.4

Cathy, the owner of a shop selling clothes, has decided to have an in-store promotion. She has collected some sales data which she is finding it difficult to analyse. So she has decided to hire you as her consultant to assist her in this area. In discussions with her, you find out that she has a larger profit margin when she sells items priced at more than 50.00 compared to items priced up to 50.00.

The data below shows the amount of money spent by 100 customers.

Amount Spent ()No. of customers

10-1918

20-3020

30-4016

40-5014

50-6012

60-708

70-806

80-904

90-1002

You are required to calculate the following and advise her on the promotion activity she carried out:i. Mean, Median and Mode. ( 2.1 & 2.2)ii. Range and Standard Deviation. (2.3)iii. 25th Percentile (Lower Quartile) and 75th Percentile (Upper Quartile) and explain the use of Percentile. (2.4)iv. Inter-quartile range. (2.4)

Additional Information:Sales (units)2040505560708090100

Discount (%)14661012131415

v. Calculate correlation coefficient using the additional information provided and discuss it advantages to a business. (2.4)

Task 3 This tasks offers you an opportunity to achieve LO3: 3.1, 3.2, 3.3, 3.4 and 4.1

The managing director of a company that sells clothes imported from Spain, Italy and France in the UK has hired you as a Sales Analyst. The managing director gives you the following data and asks you to prepare a report and present your findings to the Board of Directors in a presentation. However, before you can even make a presentation and write a report, you are to produce different types of graphs and charts that you can use in your presentation and report. The following is the data set the managing director has given you:

Advertising and Sales data 2000-2013

Year ending 31st March Advertising Cost '000sSales '000sYear ending 31st March Advertising Cost '000sSales '000s

2000200120020077602800

2001240140020088802900

2002300150020099203100

2003340180020109803450

20044002200201110203600

20054802300201211004100

20065202600201311704670

Net Income Generated by 5 Branches of the company in 2013

'000s

London240

Manchester180

Edinburgh 160

Cardiff140

Liverpool130

Produce line graphs for advertising and sales figures given from 2000 to 2013, pie and bar charts for net income generated by the five branches of the company and scatter graphs of advertising and sales figures using spreadsheets.(3.1 & 4.1)

Create trend lines in the spreadsheet on scatter graphs (scatter plot previously plotted) to assist in forecasting sales figures for years 2014 2016. Get the linear equation of the line fitted on the scatter graph. (3.2 &4.1)

Prepare a business presentation using suitable software (power point) and techniques (graphic representations of data) to disseminate information effectively regarding the above scenario of the company.(3.3 )

Produce a formal business report for the Board of Directors meeting using the above scenario and the work that you have done in 3.1, 3.2 & 3.3. (3.4 )

Task 4 AThis tasks offers you an opportunity to achieve LO4: 4.2

The activities involved in a computer installation project are given below:

DescriptionActivityPreceding Activity(Days)

Physical preparationA-4

Organisational planningBA3

Personal selection CA15

Equipment installationDB10

Personnel trainingED4

Detailed system designingFE6

File conversionGF9

Establishment of standardsHC2

Program preparationIB10

Program testingJD9

Finishing DocumentationKG,H,I,J12

Follow UpLK20

Required:i. Prepare a network diagram for activities using Microsoft Project or Open Project.ii. Calculate the Project Duration. iii. Clearly mark the Critical Path.iv. Prepare a Gantt Chart and state the benefits of using it as a Project Management Tool. (4.2)

Task 4 BThis tasks offers you an opportunity to achieve LO4: 4.3A company is considering which of two mutually exclusive projects should be undertaken. Both projects have the same initial investment and length of life. The company anticipates a Discounting Factor of 10% and future cash flows of the projects are as follows:

YearProject ACash flowProject B Cash flow

Investment -200,000-200,000

150,00040,000

265,00075,000

375,00085,000

480,00060,000

590,00035,000

You are required to:I. Calculate the NPV and IRR of each project.II. Recommend which project you would undertake, if any. Provide reasons for your position.(4.3)Note: Please use 20% as the second Discounting Factor while calculating IRR.

Answer Sheet

Task 1 (L.O. 1: 1.1, 1.2 and 1.3)Please type your answer here

Task 2 (LO2: 2.1, 2.2, 2.3 and 2.4)Please type your answer here

Task 3 (LO3: 3.1, 3.2, 3.3 and 4.1)Please type your answer here

Task 4 (LO4: 4.2 and 4.3)Please type your answer here

IMPORTANTCHECK THAT YOUR ANSWERS MEET THE CRITERIACOMPLETE THE ASSIGNMENT CRITERIA AS YOU GO ALONGDO noT LEAVE THINGS TO THE LAST MINUTE