Busines Essay

4062 Words Nov 12th, 2014 17 Pages
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BUSINESS DECISION MAKING
A4064059 CONSTANCE LELO MABIALA
[Date]
LSBF Lecturer Michael Olusoji
[Date]
LSBF Lecturer Michael Olusoji

INDEX CONTENTS

Summary……………………………………………………………………………………………………………………………1
Introduction……………………………………………………………………………………………………………………….2
LO1. Be able to use a variety of sources for the collection of data, both primary and secondary 1.1 Create a plan for the collection of primary and secondary data for a given business problem……………………………………………………………………………………………………………………….3 1.2 Present the
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Be able to use software-generated information to make decisions in an organisation
4.1 Use appropriate information processing tools …………………………………………………………...12
4.2 Prepare a project plan for an activity and determine the critical path………………………...13
4.3 Use financial tools for decision making………………………………………………………………………..14
Conclusion………………………………………………………………………………………………………………………….15
References…………………………………………………………………………………………………………………………16

Summary

It all about an anti -ageing product. There is a huge demand in the market, the actual product is not efficient and is expensive. Ms Kimberly Archover from Palm Beach USA, Her innovative product which is already popular in USA is being marketed in a jar which looks similar to face cream jars for $24.99 and available in two different bottle at 17 stores in Florida and £15 on her UK website. Available from http://www.faceliftbungee.com Ms Aschauer is keen to launch this product on a grand scale in the UK and to open stores nationwide. One of the product user has come with the new anti-ageing product that she created and the product is effective and cost less compare to the old in the market.

Introduction
Decision making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker. It is also an important part of doing a better business Moreover, using appropriate IT software and spreadsheets for data analysis and the

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