Essay on Business Desicion Making

Words: 2398
Pages: 10

Assignment front sheet | Learner name | ------------------------------------------------- Assessor name | Aye Chan Myat Phyo | Daw Nwe Nwe Yee | Date issued | Completion date | Submitted on | 16.07.14 | 26.08.14 | 26.08.14 | Qualification | Unit number and title | Edexcel BTEC Level 4 HNC Diploma in Business | Unit-10 Business Decision MakingD/601/0578 | A | | Assignment title | Business Decision Making | In this assessment you will have opportunities to provide evidence against the following criteria.
Indicate the page numbers where the evidence can be found. |

Criteria reference | To achieve the criteria the evidence must show that the student is able to: | Task no. | Evidence | 1.1 | Create a plan for
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According to BPP Learning Media, secondary data can be collected by the following sources. (a) Online databases and market data
An online database provides information on business by sector, number of employees and turnover. An online database such as Dun and Bradstreet ( offer archive material to researchers without having to sign up. Useful source of market research data offer full or part reports of over 40,000 publications from over 350 research firms. Other external sources to obtain data include banks, stockbrokers, trade and professional associations, media owners, local authorities and government sponsored organizations. (b) Internal or by-product data
Internal data or by-product data are secondary data. Internal data can be collected by employee since they have large amounts of information although it is not designed for the research. Internal data can be collected from the accounts department, the sales and marketing department, production and operations, and the human resources department. (c) Government data and official publications
Government data offers a wide variety of information for the specific data for certain organization.