Category | Coursework | Subject | Management |
---|---|---|---|
University | BPP Business School | Module Title | Data Driven Decisions for Business |
This assessment is designed to gauge your understanding, skills and application of common data analysis techniques used in business and other organisations today. As such you need to demonstrate your attainment in these areas according to the four Module Learning Outcomes (LOs):
• LO1: Critically evaluate the evolving use of data in solving business problems, presenting logical arguments based on evidence
• LO2: Explore how data analytics can be used within a business context
• LO3: Critically appraise the presentation of data within a business environment
• LO4: Critically evaluate different business analytical techniques as part of planning a data analytics initiative.
The Corporate Strategy Manager, who is leading the 3-Year Strategic Plan project, is interested in understanding the options available for a local expansion strategy, including increase the size of the shops. For this purpose, he wants you to:
As part of the analysis, the Procurement Manager wants to improve the profitability by reducing the total cost of ingredients used to produce the menu for the shops. The current menu is made of the following product groups:
Task 1: Introduction and project plan
Summarise what you are going to present in the report and justify your plan for delivering the research project to the Corporate Strategy Manager. Ensure you also clearly reference a data analytics framework as part of your plan. Finally, specifically explain how data analytics can add value and drive improved business performance for COTS’s coffee shops.
Task 2: Data preparation quality issues and remedies
Discuss first the generic issues that data analysts encounter in collecting, integrating and cleaning data. Second, discuss the specific issues with the project data that the Corporate Strategy team has provided to you and how you propose to address those issues.
Task 3: Data analysis and commentary
Using tables, set out and explain the results of your numeric data analysis, including summary of exploratory data and supporting commentary. Explain how your results inform understanding of COTS’s shops performance. This should include three tables setting out:
Task 4: Data visualisation and commentary
Use your data charting/graphics and interpretation skills to develop visual presentations of your findings together with bullet-points setting out the key findings and inferences from the analysis of the charts/plots. This should include three charts presenting:
Task 5: Conclusions and recommendations
Based on your analysis and findings in Tasks 3 and 4 set-out your conclusions and recommendations. Ensure you address the three issues raised by the top management.
You should set out your report according to the following heading structure. You should add sub headings under this overall structure as you feel fit to demonstrate your ability to on-develop the section themes and to provide meaningful sub-structure. But you must use this overall structure in order to provide a consistent framework against which your marker will allocate marks. You will be deduced marks if you do not follow this structure. Also note that there is no requirement for producing an Executive Summary.
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