Question 1
You have been asked to conduct a survey of your fellow colleagues to gauge their response to the possibility of flexible working hours being introduced at the work place. Explain the following, using the survey example above to illustrate your answer:
a) Population
b) Sampling techniques
You must draw upon relevant theory, concepts and models and appropriate organisational examples.
In order to complete this task you will need to consider as a first step the factors outlined in the course materials, referring as a start to Primary Sources in the Introduction to Business Analysis unit and add relevant external academic sources to your answer.
(25 marks)
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Question 2
Compare and contrast the 1) main differences and 2) advantages and disadvantages of primary and secondary data.
You must draw upon relevant theory, concepts and models and appropriate organisational examples.
In order to complete this task you will need to consider the factors outlined in the course materials, referring as a start to the lessons on Primary Sources and Secondary sources in the Introduction to Business Analysis Unit and add relevant academic sources to your answer.
(25 marks)
Question 3
Drawing upon examples from your own organisation, or one with which you are familiar, select an appropriate recorded measure (such as turnover, profit, available from annual reports etc.) and for five equal periods having obtained values over the 5 equal time periods calculate the following:
a) the mean
b) the mode
c) the standard deviation
You must include all of your manual calculations. Use an Excel spreadsheet to verify your calculations and embed a copy of this spreadsheet in your answer. Present the original data in a suitable graph.
In order to complete this task you will need to consider as a first step the factors outlined in the course materials, referring as a start to the Techniques to Analyse Data Unit and add relevant external sources to your answer.
(25 marks)
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Question 4
‘When it comes to decision making all that matters is having the right data.’ To what extent would you agree with this perspective and why? You must draw upon relevant theory, concepts and models and appropriate organisational examples.
In order to complete this task you will need to consider as a first step the factors outlined in the course materials, referring as a start to the Management Information Systems Unit and add relevant external academic sources to your answer.
(25 marks)