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London School of Science & Technology

Assignment front sheet


Qualification

Unit number title and level

BTEC Level 5 HND Diploma in


Business

Unit 6: Business Decision Making - Resit Level :5

Student name and ID number

Assessor name
Mohit Kumar Pun

Date issued
1st August 2014
Assignment title

Learning Learning
Outcom
Outcome
e

LO1

LO2

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

Completion date
5thSeptember 2014 before
midday

Submitted on

Crossrail - Business Decision Making

AC

1.1
1.2
1.3
2.1
2.2
2.3

2.4

In this assessment you will


have the opportunity to
present evidence that
shows you are able to:
Create a plan for the collection
of primary and secondary data
for a given business problem
Present the survey
methodology and sampling
frame used
Design a questionnaire for a
given business problem
Create information for decision
making by summarising data
using representative values
Analyse the results to draw
valid conclusions in a business
context
Analyse data using measures of
dispersion to inform a given
business scenario
Explain how quartiles,
percentiles and the correlation
coefficient are used to draw
useful conclusions in a business
context

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

Task
no.

Evidenc
e
(page
no)

London School of Science & Technology

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

London School of Science & Technology

LO3

Be able to
produce
information in
appropriate
formats for
decision
making in an
organisational
context

3.1

3.2

3.3

3.4

LO4

Be able to use
softwaregenerated
information to
make
decisions in
an
organisation.

4.1
4.2
4.3

Produce graphs using


spreadsheets and draw valid
conclusions based on the
information derived
Create trend lines in
spreadsheet graphs to assist in
forecasting for specified
business information
Prepare a business presentation
using suitable software and
techniques to disseminate
information effectively
Produce a formal business
report
Use appropriate information
processing tools
Prepare a project plan for an
activity and determine the
critical path
Use financial tools for decisionmaking.

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

London School of Science & Technology

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:

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

London School of Science & Technology

Assignment brief
Unit number, title and
level

Unit 6: Business Decision Making Resit Level :5

Qualification

BTEC Level 5 HND Diploma in Business

Date Issued

1st August 2014

Completion date

5th September 2014

Assessor

Mohit Kumar Pun

Assignment title

Crossrail - 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
BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

London School of Science & Technology

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 44 million 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 40 Crossrail stations including 10 new 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/

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

London School of Science & Technology

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 Plan


You 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)

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

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Task 2
This 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 ()
10-19
20-30
30-40
40-50
50-60
60-70
70-80
80-90
90-100

No. of
customers
18
20
16
14
12
8
6
4
2

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
20
40
(units)
Discou
1
4
nt (%)

50

55

60

70

80

90

100

10

12

13

14

15

v. Calculate correlation coefficient using the additional information provided and


discuss it advantages to a business. (2.4)

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

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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 '000s

Sales
'000s

Year ending
31st March

Advertising
Cost '000s

Sales
'000s

2000

200

1200

2007

760

2800

2001

240

1400

2008

880

2900

2002

300

1500

2009

920

3100

2003

340

1800

2010

980

3450

2004

400

2200

2011

1020

3600

2005

480

2300

2012

1100

4100

2006

520

2600

2013

1170

4670

Net Income Generated by 5 Branches of the company in 2013


'000s
London
240
Manchester
180
Edinburgh
160
Cardiff
140
Liverpool
130

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
BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

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London School of Science & Technology

scenario and the work that you have done in 3.1, 3.2 & 3.3. (3.4 )

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

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London School of Science & Technology

Task 4 A
This tasks offers you an opportunity to achieve LO4: 4.2
The activities involved in a computer installation project are given below:
Description
Physical preparation
Organisational planning
Personal selection
Equipment installation
Personnel training
Detailed system designing
File conversion
Establishment of standards
Program preparation
Program testing
Finishing Documentation
Follow Up

i.
ii.
iii.
iv.

Activity
A
B
C
D
E
F
G
H
I
J
K
L

Preceding Activity
A
A
B
D
E
F
C
B
D
G,H,I,J
K

(Days)
4
3
15
10
4
6
9
2
10
9
12
20

Required:
Prepare a network diagram for activities using Microsoft Project or Open Project.
Calculate the Project Duration.
Clearly mark the Critical Path.
Prepare a Gantt Chart and state the benefits of using it as a Project Management Tool.
(4.2)
Task 4 B
This tasks offers you an opportunity to achieve LO4: 4.3
A 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:
Year
Investme
nt
1
2
3
4
5

Project A
Cash flow
-200,000
50,000
65,000
75,000
80,000
90,000

Project B
Cash flow
-200,000
40,000
75,000
85,000
60,000
35,000

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

BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014

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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

IMPORTANT
CHECK THAT YOUR ANSWERS MEET THE CRITERIA
COMPLETE THE ASSIGNMENT CRITERIA AS YOU
GO ALONG
BTEC Level 5 HND Diploma in Business-Unit 6: Business Decision Making Summer Resit 2014
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DO NOT LEAVE THINGS TO THE LAST MINUTE

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