Module Title :- Business Decision Making
Weighting :- Individual Assignment – 25%
length :- 1000 words (+/- 10%).
Business Decision Making Assignment
Learning outcomes assessed:
LO1: Demonstrate knowledge and understanding on key decision theories and principles and interpret different approach to business decision making processes.
LO2: Understand key sampling methods and basic statistical techniques in business contexts.
LO3: Evaluate and interpret results generated by data modelling and forecasting techniques including those provided by specialised statistical computer software.
LO4: Understand and justify the adoption of appropriate data modelling and fore casting techniques in business contexts and make informed and effective decisions.
S & P plc is a bag manufacturing company operating in the UK and some parts of the Europe. Currently some of their productions such as synthetic leather bags and clothes bags have been outsourced due to lack of available resources.