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Module Booklet BDM Final
Module Booklet BDM Final
Module Booklet BDM Final
Unit 6
Unit level
Unit code
D/601/0578
Qualification
22/02/2016
29/02/2016
Submission
Deadline
15/07/2016
Lecture
15 Weeks
Revision Clinic
3 Weeks
Module Leader
Emmanuel B Ofori
Lecturer
Emmanuel B Ofori
Table of Contents
INTRODUCTION............................................................................................................ 3
Aim............................................................................................................................... 4
Key Objectives............................................................................................................. 4
LEARNING OUTCOMES.................................................................................................. 4
LEARNING OUTCOMES AND ASSESSMENT CRITERIA....................................................5
Key Knowledge and Understanding.............................................................................. 6
Unit content:................................................................................................................ 7
Teaching Plan............................................................................................................... 9
Teaching and Learning Activities................................................................................ 18
Teaching Ethos........................................................................................................... 18
Methods of Delivery:.................................................................................................. 18
Plagiarism.................................................................................................................. 19
Assignment brief........................................................................................................ 20
Contextualisation for higher grade............................................................................. 30
Glossary of academic words used in the assignments...............................................34
INTRODUCTION
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 be made aware of how to 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.
Learners will gain an appreciation of information systems currently used at all levels
in an organisation as aids to decision making. Organizational data is a collection of
raw facts relating to the enterprise and its environment. It can be classified in a
number of ways eg, quantitative / qualitative, discrete/ continuous, internal, external
formal informal primary and secondary.
Much of a managers work will involve the use of data and information, collected and
stored internally or externally. Decisions regarding the future plans and operations of
the organization will incorporate information about past performance, future market
potential, industry and company statistics etcall of which need to be gathered
processed and analysed.
Aim
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.
Key Objectives
Use a variety of sources for the collection of data, both primary and secondary.
Evaluate a range of techniques to analyse data effectively for business
purposes.
Produce information in appropriate formats for decision making in an
organisational context
Use software-generated information to make decisions in an organisation the
factors which impact on individual and group decision making.
LEARNING OUTCOMES
Be able to use a variety of sources for the collection of data, both primary and
secondary
Understand a range of techniques to analyse data effectively for business
purposes
Be able to produce information in appropriate formats for decision making in
an organisational context
Be able to use software-generated information to make decisions in an
organisation
LO2
business purposes
2.1 Create information for decision making by summarising data using representative
values
2.2 Analyse the results to draw valid conclusions in a business context
2.3 Analyse data using measures of dispersion to inform a given business scenario
2.4 Explain how quartiles, percentiles and the correlation coefficient are used to draw
useful conclusions in business context
LO3
Be able to produce information in appropriate formats for decision making
in an organisational context.
3.1 Produce graphs using spreadsheets and draw valid conclusions based on the
information derived
3.2 Create trend lines in spreadsheet graphs to assist in forecasting for specified
business information
3.3 Prepare a business presentation using suitable software and techniques to
disseminate information effectively
3.4 Produce a formal business report
measure of location such as the arithmetic mean, the mode and the median.
Analyse the result and use the outcome to make effective decision.
Calculate the measure of dispersion using the data collected.
Analyse the data to make informed and effective strategic decision for the
organisation in question.
Produce a trend line for a given data and explain the practical implication with
Unit content:
LO1. Be able to use a variety of sources for the collection of data both Primary and Secondary
LO2. Be Understand a range of techniques to analyse data effectively for business purposes
Representative values: Mean median, mode; calculation from raw data and
frequency distributions using appropriate software; using the results to draw valid
conclusions
Measures of dispersion: standard deviation for small and large samples; typical
uses (statistical processes eg control buffer stock levels)
LO3. Be able to produce information in appropriate formats for decision making in an organisational c
Teaching Plan
Unit: 6 BUSINESS DECISION MAKING
W
Lecture
Schedule
Outcome of session
After completing
each session
learners will be able
Activity/semin
Resources
ar and
formative
assessment
to:
1
Introduction to
the module
Address the
mode of
assessment
collection of primary
and secondary data
for a given business
problem (1.1)
Learners create a
Module
outline
PowerPoint
slides,
Primary data,
supporting
secondary data
materials and
collection.
activities
Address how to
create a plan for
collection of
date for the
chosen scenario.
2
Survey
methodology
methodology and
and different
sampling frame
sampling
used. (1.2)
methods used in
survey.
3
Questionnaire
Design a
questionnaire for a
different
given business
question forms
problem. (1.3)
and discuss
PowerPoint
identifying the
slides,
correct sampling
supporting
methods for
materials and
different scenarios
activities
Learners design a
PowerPoint
questionnaire for a
slides,
given problem
supportin
g
materials
and
most effectively.
Using range of
activities
Understand and be
techniques to
able to calculate
analyse data
effectively for
business
purposes-
Class Exercises
PowerPoint
slides, supporting
materials and
activities
Measures of
Central
Tendency
Lab session
Calculate Mode,
Solving problems on
Video
excel
demonstratio
2.2)
Analyse data
Activities, sample,
PowerPoint
using measures
measures of
slides,
of dispersion and
dispersion to inform
sampling addressing
explain how
a given business
the assignment
quartiles,
Question
bank and
activities.
percentiles and
the correlation
coefficient are
used to draw
useful
conclusions in
business context
Lab session
Calculate Standard
Solving problems on
Video
Deviation, quartiles,
excel
demonstratio
percentiles and
correlation
coefficient. (2.3, 2.4)
Be able to
Produce graphs
Problems and
produce
using spreadsheets
activities
information in
appropriate
conclusions based
formats for
on the information
decisions
derived. (3.1)
Computer lab
making in an
organizational
context.
Challenges for
Prepare a business
Class group
PowerPoint
preparing
presentation using
activities
slides,
presentation
suitable software
supporting
using suitable
and techniques to
materials and
software and
disseminate
activities.
techniques to
information
disseminate
effectively. (3.3)
information
effectively.
presentation
10
11
Challenges for
Produce a formal
Class group
PowerPoint
producing a
business report.
activities
slides,
business report
(3.4)
supporting
materials and
modes of
activities.
Use appropriate
information
information
processing tools
Class activities
Computer lab
Class activities
Computer lab
operational, tactical
and strategic levels
of the organisation.
(4.1)
12
Prepare a project
plan for an
using networking,
activity and
determine the
critical path
10
charts. (4.2)
13
Use financial
value; discounted
making
Class activities
14
Revision Class:
A review of
Addressing learning
outcome 1-2
assessment
criteria 1.1 to
2.4
15
Revision Class:
A review of
Addressing learning
outcome 3-4
assessment
criteria 1.1 to
2.4
16
17
18
19
20
Assignment
Assignment support
Module
support
and guidance
booklet
Assignment
Assignment support
Module
support
and guidance
booklet
Assignment
Assignment support
Module
support
and guidance
Assessment and
Feedback given to
feedback
the learner
Assessment and
Feedback given to
feedback
the learner
booklet
11
21
Assessment and
Feedback given to
feedback
the learner
Learning
Media;
Business
essentials
(supporting
HND/HNC
and
2. Trevor
Wegner-Applied
Applications
(Juta
and
Business
Statistics:
Company
Ltd,
2010,
Methods
and
Edition
2nd,
Excel-Based
illustrated
ISBN
0702172863, 9780702172861
Wk
Session
Date
Signature
Update
1
2
12
3
4
5
6
7
8
9
10
11
12
13
14
15
Lecturer
Campus
Contact details:
Assessment: The module will be assessed meeting all the LO as specified by the
awarding body, Ed Excel.
Please read the instructions carefully while addressing the tasks specified.
Contribution: 100% of the module
13
Outline Details: Task 1, Task 2 and Task 3 are to be addressed as per the scenario and
following
the
instructions
and
evidenced
with
a appropriate
structure
and
Teaching Ethos
The colleges approach towards teaching and learning is simple and effective. The
main aim of UKCBC is to assist learners in maximising their potential by ensuring that
they are taught clearly and effectively. This will enable students to engage in the
learning environment and promote success in both their academic studies and
subsequent career.
Methods of Delivery:
Lectures
These will be developed around the key concepts as mentioned in the indicative
course content and will use a range of live examples and cases from business
practice to demonstrate the application of theoretical concepts. This method is
primarily used to identify and explain key aspects of the subject so that learners can
utilise their private study time more effectively
Seminars
These are in addition to the lectures. The seminars are designed to give learners the
opportunity to test their understanding of the material covered in the lectures and
private study with the help of reference books. This methodology usually carries a
set of questions identified in advance. Seminars are interactive sessions led by the
learners.
14
This method of study gives the learner an excellent opportunity to clarify any points
of difficulty with the tutor and simultaneously develop their oral communication
skills.
Case studies
An important learning methodology is the extensive use of case studies. They enable
learners to apply the concepts that they learn in their subjects. The learners have to
study the case, analyse the facts presented and arrive at conclusions and
recommendations. This assists in the assessment of the learners ability to apply to
the real world the tools and techniques of analysis which they have learnt. The case
study serves as a supplement to the theoretical knowledge imparted through the
course work.
Plagiarism
Any act of plagiarism will be seriously dealt with according to the colleges and
awarding bodies regulations. In this context the definition and scope of plagiarism
are presented below:
Plagiarism is presenting someones work as your won. It includes copying
information directly from the web or books without referencing the material;
submitting joint coursework as an individual effort; copying another students
coursework; stealing coursework form another student and submitting it as your own
work. Suspected plagiarism will be investigated and if found to have occurred will be
dealt with according to the college procedure. (For further details please refer to the
plagiarism policy and the student code of conduct.)
15
Assignment brief
Unit 6
Unit code
D/601/0578
Qualification
HND in Business
22/02/2016
Assignment/hand-out
29/02/2016
date
Deadline/hand-in
date
15/07/2016
Assignment title
organisational context
Use of software-generated information to make decisions in an organisation
Instruction:
TASK 1 to TASK 3: You are required to follow the instructions as specified
towards each task. The survey will cover information about; student, academic
staff
and
tutors;
administration;
facilities,
student
support
and
learning
environment. You also need to collect both primary and secondary data, analyse
the data and produce appropriate report and give a feedback of the findings as
specified.
16
Scenario
UK College of Business and Computing (UKCBC) is a leading educational institution
based in the heart of London, enabling those with a passion for higher education,
the opportunity to further their academic qualifications. With a host of valued
qualifications and professional courses, available to students from the UK and
countries across the globe, the options provided by UKCBC ensures fulfilling
students potential to easily achieve their desired qualifications.
Information from College website
The college offers an inspiring academic team emphasises its commitment to
enhance the quality of life of all our students, through high quality in teaching,
research and service. We provide a creative and nurturing campus environment
with a good range of academic programmes, delivered by very experienced and
qualified staff who take pride in the in their ability to meet the needs of
international and Home (UK/EU) students.
Student Support
We pride ourselves on our warm friendly learning environment. Our administration
team work closely with all academic staff to provide excellent support and
guidance throughout the students time with us. We are well aware of the
difficulties and challenges faced by students at various stages, especially the
international students, who are in a new Country, away from their home. We put a
great deal of care into helping them settle. Students support includes a full
induction programme, with orientation trips to the well known heritage sites
across UK. Students are continuously supported by the academic and
administrative departments for their learning and welfare needs, throughout their
course of study at the College.
Flexible Learning
UK College of Business and Computing (UKCBC) are dedicated to providing
students with a learning environment that is fully responsive to their needs. As
such, we ensure that our courses offer flexibility to support you in all possible
ways, to ensure that you will not be constrained on our academic, personal or
work related limitations that may otherwise affect your pursuing a course of study.
Flexibility is provided in terms of course time tables, class schedules like
combination of morning and evening sessions as well as extra tutorial support for
professional development. Our campuses across London offer an array of courses
tailored to support your academic and professional development. These courses
offer a degree of flexibility in their structure in order to support the circumstances 17
18
2.2 Analyse the results of task 1.3 to draw valid conclusions about the survey.
Note: This is the creation of frequency table required for 2.1. - here the results
should be analysed and valid conclusions drawn.
2.3 Analyse data using measures of dispersion to inform a given business
scenario (standard deviations)
2.4 Explain how quartiles, percentiles and the correlation coefficient are used to
draw useful conclusions in a business context.
Note: You explanation should emphasise on the usefulness of these data in
decision making with respect to UKCBC.
Instruction for task 3
In this task you will be required to produce information in appropriate formats for
decision making in the organisational context
(LO 3 AC3.1 and AC3.2)
Task 3
You are required to;
P3.1- Produce graphs using spreadsheets and draw valid conclusions based on
the data analysed in Task 2.2.
Note: You may use a combination of pie charts, bar charts, histogram and ogives
and ensure that each graph is labelled accordingly.
19
P3.2- Using the information below (or gather past data on your chosen business
problem) create trend lines in a spreadsheet using scatter graphs to assist in
forecasting student population for 2017 and 2018 based on extrapolation of
previous years data.
Student population
2012
2013
2014
2015
2016
70
270
600
808
950
HND TTM
50
196
350
500
520
HND CSD
10
116
150
186
200
Other
30
58
100
64
50
Total
160
640
1500
1720
HND
2017
2018
Business
1200
Please note: You need to state clearly any assumption(s) made for the
forecasted figures and draw your own conclusion. All axes must be labelled
clearly
P3.3 - Prepare a power point presentation to be presented to UKCBC Board of
Directors on your key findings.
Please note:
This must be a power point presentation of at least 10 slides which will be
uploaded separately from the main assignment and must contain;
P3.4 Produce a formal business report to UKCBC Board of Directors about your
findings and recommendations. This should be in a proper report format and not
less than 500 words.
The report must be in word format and has;
a title
purpose and limitation
content
summary and recommendation
20
finance systems
campus-access systems
library systems
estates management
human-resources systems
virtual-learning environments.
The engineers have provided the following timetable for the project;
Activity
Description
Predecessor
Days
1
2
3
4
5
6
7
8
9
10
11
Create schedule
Buy hardware
Programming
Installation
Test code
Test system
Conversion
Write manual
Dummy run
Training staff
User testing
none
none
A1
A2
A3
A5
A4
A4
A7
A8
A10, A6
10
5
20
5
20
10
5
15
0
5
10
A cost-benefit analysis have been conducted for the project and the cost and
savings benefit over a five period is given below;
Net Cash flow ()
Year 0
-150,000
Year 1
12,000
Year 2
25,000
Year 3
25,000
Year 4
35,000
21
Year 5
40,000
Evidence checklist
Criteria
Achieved?
Reference
learner have:
Create a plan for the collection of primary and secondary
(tick)
1.1
1.3
used
Design a questionnaire for a given business problem
Create information for decision making by summarising
2.1
2.3
business context
Analyse data using measures of dispersion to inform a
2.4
3.1
business context
Produce graphs using spreadsheets and draw valid
conclusions based on the information derived
3.2
3.3
22
3.4
4.2
4.3
critical path
Use financial tools for decision making
4.1
Indicative characteristics
Contextualisation
Merit Description:
M1. Identify and
An effective approach to
apply strategies to
applied an effective
find appropriate
used.
approach/method to
solutions.
23
Complex information/data
demonstrate an ability to
methods/ techniques.
processed.
A range of methods of
communicate
appropriate presentation
appropriate findings.
Distinction
Description:
24
reflection to evaluate
conclusions
ability in planning,
valid conclusion.
implementing and
presenting the research
findings. This can be
exhibited in tasks 1, 2, 3
and 4
D2.
Take
for
responsibility
managing
and
organizing activities.
Substantial
activities/projects or
responsibility for
organising the
organised.
introduction of a new
software. A great deal of
ability is also
demonstrated by the
learner in using other
project management
techniques to ensure the
project delivery is a
success. Evidence in Task
4
25
D3.
Learner has
Demonstrate
demonstrated a thorough
convergent, lateral
demonstrate understanding
understanding of issues
outcome
and demonstrated
excellent ability in
application, analyses and
evaluation to reach a
conclusion. The evidence
of this can be seen in
Tasks 1, 2 and 3
culminating in an official
business report.
Account for
Analyse
26
Argue
Compare
Contrast
Critically
evaluate
Define
Describe
Discuss
Distinguish
Evaluate
Examine
Explain
Identify
Illustrate
27
Interpret
Justify
Outline
Give only the main points, show only the main structure.
Prove
Relate (Two
meanings)
Review
State
Summarise
To what
extent
Trace
28