RC - BSBINM601 Learner Workbook V1.1
RC - BSBINM601 Learner Workbook V1.1
RC - BSBINM601 Learner Workbook V1.1
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Instructions to Learner
Assessment instructions
Overview
Prior to commencing the assessments, your trainer/assessor will explain each assessment task and
the terms and conditions relating to the submission of your assessment task. Please consult with
your trainer/assessor if you are unsure of any questions. It is important that you understand and
adhere to the terms and conditions, and address fully each assessment task.
Written work
Assessment tasks are used to measure your understanding and underpinning skills and knowledge of
the overall unit of competency. When undertaking any written assessment tasks, please ensure that
you address the following criteria:
Your assessment tasks are well presented, well referenced and word processed
Active participation
It is a condition of enrolment that you actively participate in your studies. Active participation is
completing all the assessment tasks on time.
Plagiarism
Plagiarism is taking and using someone else's thoughts, writings or inventions and representing them
as your own. Plagiarism is a serious act and may result in a learner’s exclusion from a course. When
you have any doubts about including the work of other authors in your assessment, please consult
your trainer/assessor. The following list outlines some of the activities for which a learner can be
accused of plagiarism:
If it is identified that you have plagiarised within your assessment, then a meeting will be organised
to discuss this with you, and further action may be taken accordingly.
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Collusion
Collusion is the presentation by a learner of an assignment as their own that is, in fact, the result in
whole or in part of unauthorised collaboration with another person or persons. Collusion involves
the cooperation of two or more learners in plagiarism or other forms of academic misconduct and,
as such, both parties are subject to disciplinary action.
Competency outcome
There are two outcomes of assessments: S = Satisfactory and NS = Not Satisfactory (requires more
training and experience).
Once the learner has completed all the assessments for this unit of competency, the learner will be
awarded “Competent” (C) or “Not Competent” (NC) for the relevant unit of competency.
Confidentiality
The college will treat anything, including information about your job, workplace, employer, with
strict confidence, in accordance with the law. However, you are responsible for ensuring that you do
not provide us with anything regarding any third party including your employer, colleagues and
others, that they do not consent to the disclosure of. While we may ask you to provide information
or details about aspects of your employer and workplace, you are responsible for obtaining
necessary consents and ensuring that privacy rights and confidentiality obligations are not breached
by you in supplying us with such information.
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Assessment appeals process
If you feel that you have been unfairly treated during your assessment, and you are not happy with
your assessment and/or the outcome as a result of that treatment, you have the right to lodge an
appeal. You must first discuss the issue with your trainer/assessor. If you would like to proceed
further with the request after discussions with your trainer/assessor, you need to lodge your appeal
via the complaint and appeal form which is available on the college website.
Special needs
Learners with special needs should notify their trainer/assessor to request any required adjustments
as soon as possible. This will enable the trainer/assessor to address the identified needs
immediately.
Assessment requirements
Assessment can be:
Direct observation
Questioning.
The assessment activities in this workbook assess aspects of all the elements, performance criteria,
skills and knowledge and performance requirements of the unit of competency.
To demonstrate competence in this unit, you must undertake all activities in this workbook and have
them deemed satisfactory by the assessor. Once you have demonstrated the required level of
performance, you will be deemed competent in this unit.
As part of the assessment process, all learners must abide by any relevant assessment policies as
provided during induction.
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Candidate Details
Assessment – BSBINM601: Manage knowledge and information
Please complete the following activities and hand in to your trainer/assessor for marking. This forms
part of your assessment for BSBINM601: Manage knowledge and information.
Name: _____________________________________________________________
Address: _____________________________________________________________
_____________________________________________________________
Email: _____________________________________________________________
Employer: _____________________________________________________________
Declaration
I declare that no part of this assessment has been copied from another person’s work with the
exception of where I have listed or referenced documents or work and that no part of this
assessment has been written for me by another person. I also understand the assessment
instructions and requirements and consent to being assessed.
Signed: ____________________________________________________________
Date: ____________________________________________________________
If activities have been completed as part of a small group or in pairs, details of the learners
involved should be provided below:
This activity workbook has been completed by the following persons and we acknowledge that it
was a fair team effort where everyone contributed equally to the work completed. We declare that
no part of this assessment has been copied from another person’s work with the exception of where
we have listed or referenced documents or work and that no part of this assessment has been
written for us by another person.
Learner 1: ____________________________________________________________
Signed: ____________________________________________________________
Learner 2: ____________________________________________________________
Signed: ____________________________________________________________
Learner 3: ____________________________________________________________
Signed: ____________________________________________________________
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Activities
Activity 1A
Objective To provide you with an opportunity to review staff and customer feedback
and business performance data.
Refer to Case Study A.
Give an explanation of the ways in which Sam could use the staff and
customer feedback to resolve business issues (no more than 350 words).
Answer:
Sam is able to determine the root reasons of company problems by looking at
feedback from customers as well as staff members. For example, it becomes
obvious that communication gaps compound the issue if staff members'
feedback indicates inadequate communication channels and customer
complaints repeatedly include a lack of responsiveness or misunderstanding.
Sam is able to address the root problem rather than merely the symptoms as a
result of this understanding.
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this progressive feedback circle.
Activity 1B
Objective To provide you with an opportunity to identify, define and analyse business
problems and issues.
With reference to staff feedback, customer feedback, and business
performance data, give an example of how you would identify, define, and
analyse a business problem or issue.
Answer:
Identification:
• Staff feedback: During routine staff input meetings, a few workers
express concerns about an increase in customer complaints,
unfavourable surveys, and an overall fall in customer loyalty rankings.
They see issues like lengthy queues for checkout, difficulty accessing
certain items, and employee conduct that serves no purpose.
• Business performance data: Sales records show that overall sales and
customer expectations for reliability have both declined. Additionally,
the indicators for the store's customer service, such typical reaction
times and achievement rates, have deteriorated.
Definition:
The business issue may be characterized as a decline in consumer retention as a
result of problems including major interruptions, product inaccessibility, and
inadequate customer service, according to the data that have been obtained.
The problem is negatively affecting customer retention, sales, and the
reputation of the store.
Analysis:
• Root Cause Analysis: More research indicates that the lengthy checkout
delays were caused by inadequate staffing during times of high
demand. The main reasons of a shortage of product availability are
ineffective restocking methods and inefficient stock management. Poor
customer service may be the result of inadequate planning, a
representative's lack of passion, or the absence of defined policies for
client help.
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Activity 1C
Objective To provide you with an opportunity to identify information required to reach
a decision on problems/issues.
Give two examples of workplace problems/issues and identify the types of
information that should be referred to for the purpose of deciding
appropriate courses of action.
Answer:
Problem/Issue: Over the course of the last few months, staff productivity has
generally declined, which has a negative impact on corporate operations.
Types of information:
• Performance Metrics: Examine individual as well as team performance
measures including production, customer comments, marketing
forecasts, and quality control information. Find any trends or instances
of diminished productivity.
Types of information:
• Customer comments and feedback: Analyse customer complaints
research methodologies, online reviews, as well as online
entertainment sources are linked to the particular item. Establish
contrasts between the frequent problems that consumers raise, the
volume and gravity of their grievances, and any instances or trends.
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Activity 1D
Objective To provide you with an opportunity to source and gather reliable information.
Refer to Case Study B.
1. Specify four criteria in relation to credible sources that Dylan might refer
to when carrying out his research.
Answer:
They are as follows:
• Audits and expert opinions: Dylan should get competent advice from
respected members of the cycling industry. This can be seasoned
bikers, bicycle designers, or merchants with in-depth expertise in hybrid
bicycles. Dylan may utilize their audits and points of view to gain critical
insights on the most crucial elements, the implementation, and the
customer requirements for hybrid bikes.
Answer:
They are as follows:
3. Specify two processes that Dylan should follow when sourcing relevant
information from people.
Answer:
They are as follows:
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Activity 1E
Objective To provide you with an opportunity to test information for reliability and
validity and reject where contradictory or ambiguous.
Identify three different pieces of information that are relevant in your
workplace. For each piece of information, identify an official and authoritative
source that should be accessed. Explain why each source is reliable and
identify who is responsible for writing and maintaining the information at the
source.
Answer:
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Activity 1F
Objective To provide you with an opportunity to utilise formal and informal networks to
access corporate knowledge/memory not held in formal systems and review
appropriately.
1. Specify four different formats in which information might be accessed.
Answer:
They are as follows:
Electronic database
Records/files in hardcopy form
Telephone
Email
2. Describe the importance of formal and informal networks and how they
are utilised to access knowledge or memory not held in the system.
Answer:
• Consistency and efficiency: Formal networks make sure that data flows
in a predictable and structured way so that representatives may access
pertinent information promptly and efficiently.
To better comprehend the knowledge management intend for the daily tasks of
the different workers, a number of techniques that take into consideration a
thorough examination must be used. It's a good idea to use questionnaires or
staff member feedback overviews to get their opinions. Asking specific
questions about how people access data, how they struggle to discover or share
information, and how they offer their expertise to the group will help you get
valuable input on their experiences. Surveys offer a methodical way to collect
data from a wider range of people and can help identify common problems and
instances.
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access to pertinent information, the problems that occur when
knowledge cannot be shared or coordinated, and the administrators'
strategies for developing knowledge management system. At meetings
and centre gatherings, members may offer particular examples,
experiences, and take part in insightful conversations.
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Activity 1A-1F checklist – for assessor
This should be used by the trainer/assessor to document the learner’s skills, knowledge and
performance as relevant to the unit activity. Indicate in the table below if the learner is deemed
satisfactory (S) or not satisfactory (NS) for the activity or if reassessment is required.
Checklist
1A-1 Did the learner give an explanation of the ways in which Sam could Yes No
use the staff and customer feedback to resolve business issues? (Please circle)
Did the learner give an example of how he/she would identify, define,
1B-1 Yes No
and analyse a business problem or issue
(Please circle)
Did the learner specify four criteria in relation to credible sources that
1D-1 Yes No
Dylan might refer to when carrying out his research?
(Please circle)
Did the learner specify three aspects which Dylan might consider in
1D-2 Yes No
relation to the purpose of websites that he refers to?
(Please circle)
Did the learner specify two processes that Dylan should follow when
1D-3 Yes No
sourcing relevant information from people?
(Please circle)
Did the learner identify three different pieces of information that are
1E-1 Yes No
relevant in his/her workplace?
(Please circle)
Did the learner identify an official and authoritative source that should
1E-2 Yes No
be accessed?
(Please circle)
Did the learner explain why each source is reliable and identify who is
1E-3 Yes No
responsible for writing and maintaining the information at the source?
(Please circle)
Did the learner explain how he/she can gain a better understanding of
1F-3 Yes No
how knowledge management affects the daily tasks of different
(Please circle)
members of staff?
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Did the learner identify what type of information he/she might need
1F-4 Yes No
to ask about to review corporate knowledge?
(Please circle)
Comments
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Activity 2A
Objective To provide you with an opportunity to ensure objectives for analyses are
clear, relevant and consistent with the decisions required.
Refer to Case Study C.
Outline the process that Colin should follow for the purpose of making a
suitable decision regarding the furniture and customer dissatisfaction. Include
details of the issue, relevant information, and objectives.
Answer:
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customer support or delivery procedure.
d. Select a pertinent goal to allay the client's dissatisfaction and avert such
problems in the future.
• Communicate the decision and take actions: Once Colin has made up
the decision, he should let the customer know. He must be considerate
of the client's requirements and demonstrate empathy. Colin needs to
set a realistic objective to resolve the client's unhappiness, such making
sure the right stuff is carried or making up for the load borne. In order
to avoid such problems in the future, he should also make sure that any
substantial improvements or corrective actions are made in customer
service or the delivery process.
Colin must maintain his remarkable competence, show concern for the
situation, and maintain open lines of contact with the customer and the person
in charge of the delivery in the moment. Colin will be able to make an educated
conclusion about the furnishings and the client's discontent by following this
sequentially process. He will also be able to create an effective solution and
uphold the company's reputation for high quality and customer service.
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Activity 2B
Objective To provide you with an opportunity to identify patterns and emerging trends
correctly and to interpret the cause and effect.
Give an example of how you could identify a pattern or trend and interpret
information to determine the cause and effect.
Answer:
It could be helpful to use the following retail firm example to examine how a
new marketing campaign impacts its sales:
• Analyse the Trends and Patterns: Analyse the sales data and look for
any trends or patterns using quantitative analysis or a graphic. We
should predict an identifiable increase in sales throughout the two
months following the operation, given the conditions.
• Establish cause and effect: Consider how the marketing activities that
were conducted throughout the expedition may have influenced
deals. . For example, the business may have imposed limitations on
cutting-edge items, improvements to online entertainment, and a
focused email campaign. The result of these marketing initiatives taken
together may be the cause.
• Take action: Now that the business is aware that the marketing
campaign significantly impacted sales, it may utilize this data to inform
future marketing efforts. They could devote more resources to missions
that are comparable to them, develop effective techniques, or sharpen
their focus in order to have a greater impact on negotiations.
By analysing the sales data, figuring out the conditions and logical connections
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between the advertising effort and deals, and responding properly, the firm
may further expand their marketing strategy and drive corporate growth.
Activity 2C
Answer:
Let's say you work for a digital company and you really want to employ accurate
analyses to interpret business information related to a new marketing initiative.
You are able to monitor the effectiveness of the campaign, website traffic, rates
of conversion, and sale revenue.
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future investment in close proximity.
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Activity 2D
Objective To provide you with an opportunity to undertake sensitivity analysis on any
proposed options.
Identify a business issue and a potential solution. Ask three ‘what if’
questions in relation to the solution and write your response to each.
Answer:
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Activity 2E
Objective To provide you with an opportunity to ensure documentation reflects a logical
approach to the evaluation of the evidence and conclusions drawn.
With reference to a problem and a solution, explain how you would structure
the subsequent documentation, in terms of content, form, and style.
Answer:
The suggested management framework for the supply chain consists of the
following elements:
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• Collaboration with suppliers: Improve communication and cooperation
with providers by using a digital connection. This works with advanced
organizing, optimum growth, and enhanced cooperation.
Key performance indicators (KPIs) will be used to evaluate the success of the
solution, including:
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Activity 2F
Objective To provide you with an opportunity to adjust management information
systems/decision support systems to meet information processing objectives.
Give two different examples of how you could adjust information
management systems and decision support systems to meet your processing
objectives.
Answer:
To boost stock levels and provide an effective supply chain for the
management, the information management system and decision support
system can be adjusted. It is possible to rapidly channel stock information
depending on product kinds, suppliers, or distribution centre regions using the
information management system. This takes into account a smooth evaluation
of certain stock components, such as stock levels, turnover rates, and
accessibility for distinct product categories or services. Additionally, the
frameworks sophisticated search techniques enable the quick location of
certain stock items, tracing their progress through the manufacturing network,
and obtaining crucial information. This application enhances stock management
through the use of exact stock tracking and recuperation. If appropriate, the
framework may also be modified to include continuing inventory-following
advances like RFID that automate data collection, enhance accuracy, and
smooth out stock updates as goods travel through the retail network. In
conclusion, altering the structure's standard boundaries might cause
automated warnings or reorganize priorities when stock levels reach a
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predefined threshold. The new boundaries enable diligent stock administrators
to receive alerts or start automated purchase requests, assuring appropriate
billing and avoiding stock outs or surplus inventory.
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Activity 2A-2F checklist – for assessor
This should be used by the trainer/assessor to document the learner’s skills, knowledge and
performance as relevant to the unit activity. Indicate in the table below if the learner is deemed
satisfactory (S) or not satisfactory (NS) for the activity or if reassessment is required.
Checklist
2A-1 Did the learner outline the process that Colin should follow for the Yes No
purpose of making a suitable decision regarding the furniture and (Please circle)
customer dissatisfaction?
Did the learner include details of the issue, relevant information, and
2A-2 Yes No
objectives?
(Please circle)
Did the learner give an example of how he/she would use statistical
2C-1 Yes No
analyses when interpreting business data?
(Please circle)
Did the learner ask three ‘what if’ questions in relation to the solution
2D-2 Yes No
and write his/her response to each?
(Please circle)
Did the learner explain how he/she would structure the subsequent
2E-1 Yes No
documentation, in terms of content, form, and style?
(Please circle)
Did the learner give two different examples of how he/she could
2F-1 Yes No
adjust information management systems and decision support
(Please circle)
systems to meet his/her processing objectives?
Comments
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The learner’s Not yet satisfactory Satisfactory
performance was:
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Activity 3A
Objective To provide you with an opportunity to ensure sufficient valid and reliable
information/evidence is available to support a decision.
Refer to Case Study D.
1. Specify five checks that Phillip might carry out in relation to the reliability
of information about the finances of the Bravery sportswear company.
Answer:
2. Describe the process that Phillip might follow for the purpose of
establishing the sufficiency of information regarding the finances of the
Bravery sportswear company (no more than 150 words).
Answer:
• Check the accuracy of the data: Phillip has to ascertain whether the
information gathered is complete enough to paint a clear picture of the
company's financial status. This involves ensuring that all significant
financial factors, such as revenue, costs, resources, obligations, and
capital, are included.
• Evaluate the importance of the data: Phillip should evaluate the current
applicability of the financial data to the specific choice. He wants to
make sure that the data includes crucial time periods, product
offerings, geographic regions, and other elements that influence
whether to create a development or establish new businesses.
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Activity 3B
Objective To provide you with an opportunity to utilise risk management plans to
determine acceptable courses of action.
What different options do you have when you have identified a risk, if
eliminating the risk is not an option? Briefly describe each.
Answer:
The different options are as follows:
• Risk Mitigation: This option aims to lessen the likelihood or impact of the
wager. Mitigation projections aim to foresee the risk, avoid it from happening,
or minimize its impacts. This may require conducting security meetings,
monitoring regular testing, in-house training, or the usage of safety equipment.
Lessening the possibility of the risk incident and the anticipated impacts are the
objectives.
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Activity 3C
Objective To provide you with an opportunity to utilise appropriate quantitative
methods to assist decision making.
Identify a quantitative method and give a brief outline of it. Give an example
of how you would apply this method in making a decision on an identified
business issue.
Answer:
Issue in business: To maximize profit, an assembly firm must choose the ideal
production levels for its products while taking into consideration the market's
demand and its limited assets.
• Identify the constraints: Take into account conditions like the creation
cap, the availability of raw materials, the working hours, and market
demand. These constraints set a limit on the quantity that can be
created.
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Activity 3D
Objective To provide you with an opportunity to consult specialists and other relevant
groups and individuals.
Identify three different types of information you may have to consult others
about. For each, explain what the information is, why you need it, who you
would contact, and whether they are internal or external to your company.
Answer:
1. Legal Advice:
Need: You may require legal advice to ensure that your company
processes adhere to key regulations and standards, lower legal risks,
and make wise judgments within the bounds of the law.
2. Marketing research:
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3. Technical Consultation:
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Activity 3E
Objective To provide you with an opportunity to ensure decisions taken are within the
delegation/accountability of the group/individual responsible.
1. Create a RACI chart for at least three tasks at your organisation. You should
state who is responsible and accountable, who to consult, and who to
inform.
Answer:
2. What should you do if you are unsure if you can make a decision or not?
Answer:
They are as follows:
• Look for a clarification: If you feel a bit concerned after going over your job
duties, it is recommended to ask your manager, an administrator, or any
other pertinent authority within your company for clarification. They can
provide guidance and aid in determining whether you have the authority to
pursue a specific course of action.
• Consult with others: If a decision is confusing or will have a big impact, it's a
good idea to consult with friends, skilled experts, or other individuals who are
knowledgeable about it. Their knowledge and suggestions might help you
make an educated decision.
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Activity 3F
Objective To provide you with an opportunity to make decisions in accordance with
organisational guidelines and procedures and to ensure decisions taken are
consistent with organisational objectives, values, and standards.
1. Explain your organisation’s guidelines and procedures for making
decisions to resolve business issues.
Answer:
Within our company, we have built policies and procedures to cope with
the decision-making process and guarantee the effective settlement of
business difficulties. These guidelines incorporate the following
developments:
• Decision making criteria: Our decisions are guided by clear criteria that
are in line with our authoritative goals. These regulations may take into
account factors like money, client loyalty, operational effectiveness,
legal and administrative coherence, and moral principles.
2. How does your business ensure that decisions are consistent with
organisational objectives, values, and standards?
Answer:
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Consistency with our organizational aims, values, and standards is crucial in
our dynamic process. The following steps have been taken to ensure its
order:
Answer:
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• Stakeholder Involvement: The decision-making process consists of
mutually beneficial groupings like sales, finances, marketing, and
imaginative effort. This ensures a thorough review of the market's
interest, the deal's projected value, its technical viability, and its
financial rationale.
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Activity 3G
Objective To provide you with an opportunity to ensure decisions are taken in a timely
manner.
Give an example of a business problem you could have to make a decision
about and suggest what could happen if the decision was not taken within the
designated timeframe.
Answer:
Example: Your firm may have issues if sales of a particular product noticeably
decline. The choice of whether to continue supplying the goods or cease is up
to you, the decision maker.
If a decision is not made within the allowed time range, the following
consequences might happen:
• Financial Loss: The longer the firm waits to handle the problem of
declined transactions, the more financial difficulty it may incur. If the
product doesn't consistently meet expectations, it can end up costing a
lot of money over time without generating enough revenue to pay for
costs. The organization's overall benefit and financial stability may
suffer as a result of this.
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Activity 3A-3G checklist – for assessor
This should be used by the trainer/assessor to document the learner’s skills, knowledge and
performance as relevant to the unit activity. Indicate in the table below if the learner is deemed
satisfactory (S) or not satisfactory (NS) for the activity or if reassessment is required.
Checklist
Did the learner specify five checks that Phillip might carry out in
3A-1 Yes No
relation to the reliability of information about the finances of the
(Please circle)
Bravery sportswear company
Did the learner describe the process that Phillip might follow for the
3A-2 Yes No
purpose of establishing the sufficiency of information regarding the
(Please circle)
finances of the Bravery sportswear company
Did the learner describe what different options he/she have when
3B-1 Yes No
he/she have identified a risk, if eliminating the risk is not an option?
(Please circle)
Did the learner identify a quantitative method and give a brief outline
3C-1 Yes No
of it?
(Please circle)
Did the learner give an example of how he/she would apply this
3C-2 Yes No
method in making a decision on an identified business issue?
(Please circle)
Did the learner explain what the information is, why he/she need it,
3D-2 Yes No
who he/she would contact, and whether they are internal or external
(Please circle)
to his/her company?
Did the learner create a RACI chart for at least three tasks at his/her
3E-1 Yes No
organisation?
(Please circle)
Did the learner explain what he/she should do if he/she are unsure if
3E-3 Yes No
he/she can make a decision or not?
(Please circle)
Did the learner explain how his/her business ensure that decisions are
3F-2 Yes No
consistent with organisational objectives, values, and standards?
(Please circle)
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Did the learner provide an example from his/her workplace?
3F-3 Yes No
(Please circle)
Did the learner suggest what could happen if the decision was not
3G-2 Yes No
taken within the designated timeframe?
(Please circle)
Comments
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Activity 4A
Objective To provide you with an opportunity to ensure advice/information needs are
documented and are specific to location, format and time line requirements.
Explain how your organisation manages the advice and documentation needs
of its personnel, in terms of location, format, and timeline requirements.
Answer:
They are as follows:
Activity 4B
Answer:
They are as follows:
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a seamless changeover and reduces disturbances brought on by
updates.
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Activity 4C
Objective To provide you with an opportunity to design and test systems to meet
information requirements of decision makers.
Explain how you would test your organisation’s information system to ensure
that it supports the information requirements of decision makers.
Answer:
They are as follows:
• Confirm that the data entered is accurate and complete: Assume that
the data architecture accurately collects and saves the required data.
Make sure all essential fields are correctly filled out and that the
integrity of the information is upheld.
• Confirm that the data supports important decisions: Check to see if the
framework's data supports leaders in making quick decisions. With the
facts at their disposal, leaders should be able to make wise, useful, and
significant judgments.
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• Control regular testing cycles: Decision maker needs may change as
data systems progress and test cycles become more frequent. In order
to guarantee continuing support, regular testing processes should be
created. Think about how the information is presented, how accurate it
is, how simple it is to use, and how the framework is organized in light
of occasionally shifting dynamic needs.
In order to ensure that the organization's information system satisfies the data
demands of the leaders, we would concentrate on a few important
perspectives:
• Timeliness: To ensure that leaders receive the latest and most crucial
information, we will check to determine if the system distributes data
rapidity.
The following factors would be taken into account while assessing the
usefulness of the information system:
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• Impact on decision making: We would look at whether the information
system significantly affects decision making processes, enabling
improved decisions, increased efficacy, and desired results.
• Integration with Information needs: We would assess how well the
framework complies with the particular data needs of leaders in order
to make sure that it offers the core knowledge and experiences
required for efficient autonomous guidance.
Although testing is a continual process, when the specified test objectives have
been achieved, a clear test may be said to be finished. Usually, this comprises:
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Activity 4D
Objective To provide you with an opportunity to ensure information is up-to-date,
accurate, relevant and sufficient for the recipient.
Explain your process for ensuring that the information you are going to
communicate is up to date, accurate, relevant, and sufficient for the recipient.
You should answer in terms of before, during and after you create your draft.
Answer:
• The tone and style selection: The tone and style of the communication
should be appropriate for the intended recipient. Consider the
audience's employment, hierarchy, and shared interests to make sure
the communication is acceptable and practical.
Activity 4E
Objective To provide you with an opportunity to develop communication plans and
disseminate information.
What is your organisation’s communication plan? Identify one plan or an
element of a plan and explain:
Answer:
Decision Authority:
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• A more precise delegation of decision-making authority that takes into
account the project's size, potential effects, and risk.
• Suggestions for the best ways to update and remark on the selection's
outcomes
To make sure that all project groups can access it, the PMO will draft and
disseminate the communication. They will also offer assistance or resources to
help organizations execute the dynamic rules successfully. Additionally, the
PMO might distribute tools for assessing how well the standards are being used
and soliciting feedback for ongoing development.
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Activity 4F
Objective To provide you with an opportunity to adhere to confidentiality/privacy
policies in the transmission/release of information/advice.
How do confidentiality and privacy laws affect the communications used by
your organisation? Identify one aspect of communication that is subject to
these requirements and explain how it is affected and how you communicate
compliantly in this instance.
Answer:
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clear policies and procedures, regularly evaluate and update them to reflect any
changes in guidelines and provide continuing readiness and support in order to
promote a culture of privacy and information assurance throughout the firm. In
order to ensure that classified information is communicated consistently,
businesses should also have processes established to assess and review
adherence to these requirements.
Activity 4G
Objective To provide you with an opportunity to review and update communication
plans regularly.
What is your organisation’s procedure for reviewing and updating
communication plans?
Answer:
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viability of the software, equipment, or platforms being utilized for
communication. Think about things like usability, security, research
potential, and compatibility with other frameworks. Assess whether the
communication needs to be updated or replaced to improve its
usefulness and effectiveness.
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Activity 4H
Objective To provide you with an opportunity to utilise technology which provides
optimum efficiency and quality.
Identify three different kinds of communications your organisation could use
and for each, suggest which technology would be the best medium for that
communication, in terms of quality and efficiency.
Answer:
They are as follows:
Activity 4I
Objective To provide you with an opportunity to maintain corporate knowledge and
ensure security
Refer to Case Study E.
1. Outline the process that may be taken for the purpose of securing
corporate knowledge specific to the B-Tec technology company.
Answer:
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• Training and Awareness: Representative should educate themselves on
the value of getting corporate data as well as the protocols set up to
preserve sensitive information and uphold privacy. Conventional
awareness initiatives can help you maintain information dignity and
abide by security standards.
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Activity 4A-4I checklist – for assessor
This should be used by the trainer/assessor to document the learner’s skills, knowledge and
performance as relevant to the unit activity. Indicate in the table below if the learner is deemed
satisfactory (S) or not satisfactory (NS) for the activity or if reassessment is required.
Checklist
4A-1 Did the learner explain how his/her organisation manages the advice Yes No
and documentation needs of its personnel, in terms of location, (Please circle)
format, and timeline requirements?
Did the learner explain his/her organisation’s procedures for updating
4B-1 Yes No
information systems?
(Please circle)
Did the learner explain how he/she would test his/her organisation’s
4C-1 Yes No
information system to ensure that it supports the information
(Please circle)
requirements of decision makers?
Did the learner explain how he/she would determine its usefulness?
4D-2 Yes No
(Please circle)
Did the learner identify one plan or an element of a plan and explain:
4E-2 Yes No
Who the recipient is (Please circle)
Did the learner explain how confidentiality and privacy laws affect the
4F-1 Yes No
communications used by his/her organisation?
(Please circle)
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Did the learner explain how it is affected and how he/she
4F-3 Yes No
communicate compliantly in this instance?
(Please circle)
Did the learner suggest and explain which technology would be the
4H-2 Yes No
best medium for that communication, in terms of quality and
(Please circle)
efficiency?
Did the learner outline the process that may be taken for the purpose
4I-1 Yes No
of securing corporate knowledge specific to the B-Tec technology
(Please circle)
company?
Did the learner describe the consequences which may occur if each of
4I-2 Yes No
the items of corporate knowledge aren’t recorded and secured?
(Please circle)
Comments
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Summative Assessments
The summative assessments are the major activities designed to assess your skills, knowledge and
performance, as required to show competency in this unit. These activities should be completed
after finishing the Learner Guide. You should complete these as stated below and as instructed by
your trainer/assessor.
It will demonstrate all of the skills required for this unit of competency – your assessor will provide
further instructions to you, if necessary.
If necessary for the activities, you should attach completed written answers, portfolios or any
evidence of competency to this workbook.
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Section A: Skills Activity
Objective: To provide you with an opportunity to show you have the required skills for this unit.
Reading
Organises, evaluates and critiques ideas and information from a wide range of
complex texts
Writing
Generates complex written texts, demonstrating control over a broad range of
writing styles and purpose
Oral Communication
Encourages discussions and applies appropriate listening and questioning
techniques while consulting with specialists and other relevant personnel
Presents complex information in formal situations using language, tone and pace
appropriate for the audience and purpose
Numeracy
Uses highly-developed numeracy skills to interpret complex statistical and
researched information, performing calculations on data to render it usable and
reportable
Gathers and analyses data and seeks feedback to improve plans and processes
Makes high impact decisions, analysing input from a range of sources and, where
appropriate, drawing on experience
Explores new and innovative ideas through analysis and critical thinking
Answer the activity in as much detail as possible, considering your organisational requirements.
1. Identify a problem that could occur in your organisation that needs to be resolved.
For this activity, you will explain how you identified and resolved this problem.
Answer:
This study outlines the actions we took to find and address the decreasing sale problem inside our
business. While doing so, it frames the approaches used, the ideologies upheld, and the adherence
to organizational principles and procedures. To determine why sales were diminishing we examined
a large amount of our company data, including sales records, customer feedback, and market
tendencies. When comparing marketing estimates over time, we noticed a persistent downward
trend, which suggested a real issue that needed to be fixed. We gained a clear understanding of the
severity and effect of the problem thanks to this examination. After discovering the fall in sales, we
classified the problem as a result of a number of variables, such as changing customer preferences,
heightened competition, and unsuccessful marketing methods. We carried out a careful analysis to
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determine the root reasons of these problems, taking into consideration both internal and external
elements that affect how our transactions are carried out.
In order to gather important details and provide evidence for our issue analysis, we thoroughly
examined data from reputable sources, including industry publications, market research, and client
evaluations. These sources gave us industry-specific facts and tendencies, enabling us to make
educated judgments and develop intriguing solutions. To guarantee the data's unwavering accuracy
and authenticity, we carefully assessed the sources' authenticity and reputation. We confirmed the
accuracy of the reports, overviews, and focuses by analyzing the reliability of the organizations and
writers featured, seeking for peer reviews, and validating the approach employed. We utilized our
professional groups, which included associations, trade shows, and industry associations, to obtain
access to more information and experiences. We were able to learn from our colleagues, share our
best practices, and gain crucial views on how to handle problems that other companies were facing
by joining these groups.
In order to better examine the problem and comprehend its basic aspects, we performed
quantifiable tests on important informative indices. Using factual techniques and methodologies, we
found links, patterns, and quantitative relevance in our transaction data. This analysis supported our
dynamic connection and gave us quantitative proof. In order to investigate the anticipated impact of
numerous variables on the execution of our transactions, we conducted sensitivity assessments in
addition to empirical analyses. By changing numerous parameters and directing simulations, we had
the choice to find core variables and ascertain the anticipated results of different frameworks and
strategies. During the problem solving process, we turned in thorough papers outlining our research,
conclusions, and strategies. The findings included information representations, pattern research,
comparative assessments, and suggestions. The assessments ensured honesty and accountability
while giving parties participating in the decision making process.
We used a information management system to organize, store, and retrieve essential data, reports,
and documents. This system makes it simpler for management to acquire data and work with useful
information while ensuring the accuracy and usefulness of data utilized for analytical and interactive
purposes. To reduce possible risks related to carrying out conventions, we used risk management
measures. We created risk management plans, identified anticipated wagers and their results, and
led risk evaluations. By actively managing our gaming, we decreased the frequency of interruptions
and improved the effectiveness of our reactions. To better understand consumer behaviour, market
dynamics, and prospective learning opportunities, quantitative techniques such as pattern discovery,
estimating models, and market segmentation were applied. These quantitative methodologies
assisted our problem analysis and solution development by offering measurable data and metrics for
evaluation.
We sought advice from important personnel and subject matter experts to improve our
understanding and proficiency. We enlisted the aid of specialists in the field of advertising, business,
and deals, all of whom contributed essential viewpoints, counsel, and recommendations. These
suggestions improved our ability to think critically while also ensuring complete analysis and layout
improvement. Every step of the problem-solving process was meticulously recorded. This involved
documenting information sources, examination philosophy, findings, suggestions, and action plans.
To keep partners informed of the developments, outcomes, and adjustments made during the goal
engagement, frequent updates were delivered. All issues-related motions were governed by
organizational rules and procedures that distinguished between purpose and proof. We followed
accepted conventions, moral principles, and legal standards in order to ensure consistency,
consistency, and arrangement with our organizational characteristics and aims. We knew how
important it was to address the problem as quickly as possible, therefore we worked relentlessly to
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make it happen. A fair timeframe was created, and progress was continuously checked. In order to
guarantee that activities were carried out quickly and properly and to prevent further harm to
transactions, accomplishments and deadlines were established.
By using business information, trustworthy data sources, quantifiable and informed examinations,
information management system, risk management methods, quantitative procedures, and
consultations with experts, we successfully differentiated and handled the issue of declining sales.
Due to our commitment to organizational principles and strategies and their appropriate
implementation, our problem solving efforts were more effective and efficient.
This should be used by the trainer/assessor to document the learner’s skills, knowledge and
performance as relevant to the summative assessment. Indicate in the table below if the learner is
deemed satisfactory (S) or not satisfactory (NS) for the activity or if reassessment is required.
Checklist
A-1 Did the learner identify a problem that could occur in his/her Yes No
organisation that needs to be resolved? (Please circle)
A-2 Did the learner write a report explaining how he/she identified and Yes No
resolved this problem? (Please circle)
Comments
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Provide your comments here:
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Section B: Knowledge Activity (Q & A)
Objective: To provide you with an opportunity to show you have the required knowledge for this
unit.
Give examples of existing and emerging technologies and how they can be used in
knowledge and information management
Explain statistical analysis and other quantitative methods commonly used in decision
making
Outline the key features of management information systems and decision support systems
Explain how to utilise risk management plans to determine acceptable courses of action.
Answer each question in as much detail as possible, considering your organisational requirements
for each one.
1. What methods can you use to identify business issues? Why is it important to define and
analyse these?
Answer:
They are as follows:
• Analysis of the Data: We analyse information from a variety of sources within the firm,
including sale data, feedback from customers, financial reports, and operational metrics. By
examining patterns, instances, and abnormalities in the data, we may spot possible
difficulties with the business or areas that require development.
• Performance metrics: Key performance indicators (KPIs) that are pertinent to our company
objectives and industry standards are monitored. Deviations that are off target might reveal
fundamental problems or difficulties that need to be addressed.
• Customer feedback: Through surveys, target social gatherings, and internet-based noticing,
we get feedback from customers. Complaints from customers, unfavourable reviews, or a
decline in customer satisfaction can all be signs of problems affecting customer service or
product or service quality.
• Employee Feedback: We encourage workers to offer feedback through idea boxes, group
discussions, and execution evaluations. They usually have a lot of expertise with functional
issues, process bottlenecks, or areas that need more training or resources.
• Quantitative research: We carry out statistical surveys to understand trends in the market,
the state of the competition, and client preferences. This makes it possible for us to identify
prospective market problems, recently created attractive prospects, and possible
vulnerabilities in our services or goods.
It is important because:
• Problem solving: By precisely describing the problems, we may focus our efforts on coming
up with workable solutions. It gives us the ability to set boundaries, pinpoint the root causes,
and create tailored plans for tackling hidden problems.
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• Resource allocation: With the aid of a pertinent inquiry, we may properly designate
resources. We may concentrate on and allocate resources based on the seriousness and
severity of the problems. It guarantees that our efforts and expenditures are focused in the
areas that will provide the most efficiency and profit.
• Decision making: By thoroughly evaluating business challenges, decision makers get the
essential knowledge and information they need to make knowledgeable judgments. They
are given the choice to consider the advantages and disadvantages of several alternatives
and decide on the best course of action.
2. Can you detail why some information relevant to the operation of the business might not be
recorded in the information systems?
Answer:
• Informal knowledge: It's possible that some of the information is only an estimate or is
informally retained by partners or representatives. Due to the fact that this knowledge has
been acquired via experience, relationships, and perceptions, it might not be publicly
disclosed. It may contain fragments of knowledge, the best practices, or unwritten guidelines
that representatives have absorbed over time. Even though this information is important,
unless it is instantly recorded and stored, it could not end up in formal data systems.
• Lack of awareness: In certain cases, partners or representatives may not be aware of the
importance of a specific piece of data or the need to maintain it in the data frameworks.
They can brush it off as trivial or concede that others unavoidably have knowledge of it. This
lack of understanding or appreciation for the usefulness of the data may lead to its exclusion
from official records.
• Time Constraints: In a hectic workplace, representatives may put reporting data last in order
to finish duties and meet deadlines. It's possible that they find keeping track of data dull and
would rather focus on pressing demands. As a result, the data systems may fail to include or
omit some fundamental facts.
• Lack of standardization: In associations where the executives often use data that hasn't been
standardized, there might be anomalies in the collection and reporting of data. The universal
data archive may have gaps due to different departments or groups employing different
approaches or frameworks.
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• Implicit Assumptions: Representatives occasionally recognize that certain information is now
known or has been immediately made available to others. If it is well known throughout the
company, they might not be aware of the need to document it in a clear and straightforward
manner. Consequently, it's possible that the data frameworks won't maintain track of such
data.
Companies need to acknowledge these factors and put plans in place to solve them. This might
mean fostering a culture of information sharing, educating executives on the data they use,
establishing clear guidelines for collecting and documenting information, and putting in place
strong data frameworks that are efficient at gathering and organizing crucial data.
3. How can you use patterns in business operations to determine cause and effect?
Answer:
• Analysis of the Data: By compiling and evaluating data from diverse company processes,
examples of linkages and patterns may be discovered. Factual inquiry techniques including
relapse examination, link investigation, and time series investigation can aid in establishing
relationships between variables, exposing context, and developing logical result designs.
• Comparative Analysis: Examining at different data sets or business activity can help
distinguish between instances and variations. By comparing the results when different
elements have been included or missing, it is feasible to pinpoint the causative factors that
lead to the findings.
• Root Cause Analysis: Conducting a root cause analysis will help you find the hidden reasons
why problems occur when performing business activities. By looking at instances of failures,
mistakes, or shortfalls, it becomes able to get back to the fundamental factors that are
causing the observed cases.
• Data Mining: Data mining methods search through enormous databases for relationships
and instances that might not be immediately apparent. By using math and logical tools to
analyse corporate data, hidden instances may be exposed, revealing context and logical
relationships between outcomes.
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4. What is a statistical analysis? Give an example of when a statistical analysis might benefit your
own organisation.
Answer:
In order to uncover important models, correlations, and bits of information, statistical analysis
uses a variety, interpretation, and display of data. It uses a number of factual techniques and
procedures to examine data in order to draw probabilistic and logical conclusions.
• Identifying Key Factors: By using statistical techniques like correlation analysis, we are able
to establish the relationship between different customer loyalty assessments and uncover
the key elements that together influence overall satisfaction. This enables us to concentrate
on what we're doing and concentrate on the things that will result in the biggest benefits.
• Performance Benchmarking: Using statistical analysis, we may assess our performance over
time through contrasting our client retention scores to industry benchmarks or historical
data. By using techniques like hypothesis testing, we can establish if our satisfaction levels
are absolutely unique in contrast to industry norms or whether, on the other hand, gains are
quantitatively big.
• Segmentation and Targeting: We can segment our clientele into several groups based on
their degrees of contentment, economic circumstances, or purchasing habits by using real
methods, such as pack analysis or backslide investigation. As a result, we are better
equipped to adapt our frameworks and motivations to convey customer parts while keeping
an eye on their distinctive requirements and tendencies.
• ROI Analysis: Statistical analysis may be used to assess the return on investment (ROI) of
various initiatives intended to increase customer retention. By analysing the correlation
between fulfilment ratings and financial execution metrics, such as income or customer
retention, we can assess the effectiveness of our efforts and decide on asset allocation with
knowledge.
5. Why should you adjust the information management system to meet your processing
objectives? Which kinds of adjustments might you make?
Answer:
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To accomplish management objectives and make sure that the framework is in line with the unique
needs and objectives of the firm, it is crucial to adjust the information management system. By
implementing the required modifications, the system becomes more efficient, appealing, and has
the capability of sustaining its optimal processing goals. There are a number of causes for why
fundamental adjustments are required, as well as some examples of changes that might be
anticipated:
• Higher levels of productivity: Adjusting the information management system can help
procedures function more smoothly and effectively. For example, adjustments can be
implemented to automate information entry features, carry out data authorization
inspections or collaborate with standardized barcode scans to restrict manual data and
increase accuracy if the management's objective is to eliminate mistakes in the information
section.
• User Interface and User Experience: The information management system may need to be
adjusted in light of the data in order to improve the user interface and overall consumer
experience. This entails expanding the number of routes, streamlining workflows, and
introducing user-friendly features that make it simpler for users to access and interact with
the framework. In order to create an intuitive user interface, these improvements might be
led by client feedback and practicality tests.
• Reporting and Analytics: Adjustments may be required to enable thorough reporting and
assessment abilities that are in line with management objectives. To deliver continuing
experiences and work with information-driven direction, this may involve altering reports,
employing tools for information representation, or integrating corporate expertise
responses.
• Integrate with external systems: Depending on the processing goals, adjustments may
involve integrating information management system. Examples of this include putting
information synchronization cycles into place or creating information commerce protocols to
guarantee an accurate information flows between systems.
6. Why do you need to assess the risk associated with different solutions?
Answer:
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For efficient decisions and to ensure an organization's overall success, it is crucial to assess the
risk involved with different solutions. The following are some key justifications for the
significance of risk assessment:
Decision making: Risk assessment gives leaders vital information that helps them assess the
potential advantages and disadvantages of different arrangements. With sound advice, they are
given the choice to balance the risks and the likely results. When organizations are aware of the
risks involved with any arrangement, they may make decisions that are compatible with their
main goals and exhibit risk aversion.
• Risk Mitigation: By assessing risk, organizations may find possible hazards, flaws, and threats
connected with different arrangements. Affiliations can proactively advocate processes and
efforts to lessen or minimize these dangers by being aware of them. This safeguards the
company from impending harm, monetary loss, reputational injury, legal problems, and
operational difficulties.
• Cost-benefit analysis: With the aid of risk assessment, organizations may do a cost-benefit
analysis of distinct configurations. By comparing the risks to the typical benefits,
organizations may decide if the advantages outweigh the potential dangers. Making wise
financial decisions is made simpler as a result, and the asset allocation increases.
• Compliance and Legal requirements: Risk assessment makes sure associations follow
industry norms, rules, and laws. By evaluating opportunities, associations can recognize
possible difficulties with rebelliousness and take the necessary steps to overcome them. This
prevents the legal consequences, reputational damage, and other negative effects of revolt.
7. How can quantitative methods assist you with decision making? Give three examples of
quantitative methods.
Answer:
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Quantitative methods are essential to make decisions because they offer a precise and objective
method for examining data and information. Quantitative models, empirical research, and
mathematical data may all be used to find connections, instances, and patterns. The following
are three illustrations of quantitative decision methods:
Example: In a retail firm, statistical analysis may be used to examine verifiable deal data,
consumer socioeconomics, and purchase patterns in order to pinpoint the crucial
elements that affect sale performance. Regression analysis may help leaders understand
how variables like worth, advancement, and irregularity impact deals and help them
decide how to evaluate tactics, advertise, and manage their stock.
• Decision Tree Analysis: This quantitative approach uses a visual depiction of options and
the predicted results of those decisions to address decisions under susceptibility. Making
a decision tree flowchart that takes into account a variety of different alternatives,
related probabilities, prospective outcomes, and settlements is required. A decision tree
analysis examines the expected value of several alternatives to identify the optimal
course of action.
8. You are tasked with managing the organisation’s information needs. What are some of your
considerations?
Answer:
• Data collection and storage: Create effective processes for information gathering to
guarantee precision, importance, and excellence. To store and retrieve data effectively
and safely, implement the proper frameworks and foundations for information
hoarding. Consider traits like flexibility, openness, information honesty, and adherence
to information security regulations.
• Information Accessibility: Ensure that authorized personnel always have access to critical
information. Set up the right access restrictions and security precautions to promote
efficient data exchange and cooperation inside the company while safeguarding
sensitive data. Consider using encryption, client verification, position-based access
limits, and other security methods to protect data.
• Information quality: Concentrate on ensuring that the data are trustworthy and of good
quality. Processes of information authorization and verification should be used to lower
the amount of problems, inconsistencies, and inaccuracies in the data. Think about data
cleansing, data organizing techniques, and data quality to maintain awareness of the
veracity and constancy of the information.
• Technology and Infrastructure: Consider and choose the best infrastructure and
technology to satisfy the organization's data needs. When choosing
informative leaders' systems, informational collections, sorting out establishments, and
programming applications, take into account variables like adaptability, transparency,
privacy of information, and cost-suitability.
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• Training and Support: Ensure that staff receive training and assistance so they are
equipped to utilize and handle data. Give advice on information security best practices,
information handling methods, and data management best practices. You might wish to
consider creating a supportive emotional network or a collaborative workspace to
rapidly resolve questions and difficulties relating to data.
• Continuous Growth: Analyse and assess the association's data as well as the
management's cycles, frameworks, and procedures on a continuous basis. To identify
areas for improvement and implement improvements to improve the management's
data, seek input from clients and partners. Consider keeping up with industry changes
and new advancements to take advantage of new chances for qualified data executives.
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Summative Assessments: Section B checklist
This should be used by the trainer/assessor to document the learner’s skills, knowledge and
performance as relevant to the summative assessment. Indicate in the table below if the learner is
deemed satisfactory (S) or not satisfactory (NS) for the activity or if reassessment is required.
Checklist
Did the learner describe what methods he/she can use to identify
B-1 Yes No
business issues?
(Please circle)
Did the learner detail why some information relevant to the operation
B-3 Yes No
of the business might not be recorded in the information systems?
(Please circle)
Did the learner explain how he/she can use patterns in business
B-4 Yes No
operations to determine cause and effect?
(Please circle)
Did the learner describe why he/she should adjust the information
B-7 Yes No
management system to meet his/her processing objectives?
(Please circle)
Did the learner explain why he/she need to assess the risk associated
B-9 Yes No
with different solutions?
(Please circle)
Comments
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The learner’s Not yet satisfactory Satisfactory
performance was:
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Section C: Performance Activity
Objective: To provide you with an opportunity to demonstrate the required performance
elements for this unit.
A signed observation by either an approved third party or the assessor will need to be included in
this activity as proof of completion.
This activity will enable you to demonstrate the following performance evidence:
Answer the activity in as much detail as possible, considering your organisational requirements.
1. This is an ongoing practical activity which will require you to source and analyse information
for the following types of business decisions:
Identifying business problems and issues and related knowledge and data requirements
Confirming the clear and relevant objectives for analysis of information
Applying statistical analysis, sensitivity analysis and other techniques to draw conclusions
relevant to decisions
Ensuring sufficient valid and reliable information or evidence is available to support
decisions
Using formal and informal networks to source information not held in formal systems
Identifying and accessing sources of reliable information
Using technology as appropriate
Consultation with stakeholders and specialists.
You will be expected to take decisions in accordance with the findings of your analysis. Such
decisions should be taken in accordance with organisational guidelines and procedures. You
should also ensure consistency with organisational objectives, values, and standards.
This activity will need to be observed, and a signed record of this observation (completed by
the assessor or third party) should be uploaded in your answer. It should detail what was
done, when it was done, the time it was completed in, the completed actions and the overall
outcome of the tasks.
Answer:
This activity main goal is to make a distinction between business-related difficulties and ones
that require consideration. To do this, extensive study must be done in order to understand the
underlying causes and effects of the many problems. The challenges will be effectively resolved
by examining the data, and knowledge that is still ambiguous.
• After identifying the difficulties and concerns in the business, it is crucial to create
precise and applicable objectives for the analysis of information. These goals provide the
study a framework for interaction and help to ensure that it is focused and yields the
best outcomes.
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• Statistical analysis uses quantifiable techniques and methodologies to analyze data and
pinpoint important occurrences. In order to create judgments that are pertinent to the
direction, it is helpful to find instances, correlations, and patterns in the data.
Conversely, sensitivity analysis examines how various input variables impact the
outcomes in order to have a better understanding of the possible dangers and
possibilities related to various solutions.
• In order to make wise judgments, it is crucial to make sure that the data used is reliable
and significant. This involves ensuring that the data's underlying facts and sources are
substantial, reliable, and correct. Cross-referencing against various other sources,
information quality examinations, and information approval techniques are all employed
to guarantee the reliability of the data.
• Both formal and informal networking can be used to access data that may not be
available in formal systems. These networking might include professional associations,
trade shows, expert meetings, and internal groups. By utilizing these organizations,
significant insights, industry-specific knowledge, and best practices may be attained.
• Identifying and employing reliable data sources is crucial for accurate research and
guidance. Research reports, business and government publications, academic journals,
and reputable online sites are a few examples of trustworthy sources. It is crucial to
assess the sources' reliability, repute, and competence in order to guarantee the
unwavering quality of the data collected.
• Innovation is needed for the collection, analysis, and monitoring of data for guidance.
Data assessment software, company insight frameworks, information visualization tools,
and collaborative processes are just a few of the cutting-edge tools and stages that may
be used to increase the efficacy and sustainability of information analysis and
decision processes.
• It's crucial to speak with partners and professionals to obtain a range of perspectives,
expertise, and experiences that are pertinent to the current business choices. When
collaborating with partners and informed authorities, it is crucial to have a complete
awareness of the implications, dangers, and possibilities connected with different game
plans. The highly educated and collaborative dynamic cycles greatly benefit from their
participation and feedback.
I conducted the following steps to analyse the information for business decisions:
• I was able to swiftly recognize and communicate critical concerns affecting the
association and the company. To have a thorough grasp of the problems and areas that
needed improvement, this entailed performing a thorough investigation, getting input
from partners, and analysing relevant data.
• I came to the conclusion that the knowledge required to solve various business
difficulties is crucial. This involved identifying the particular data that was anticipated to
underpin the dynamic interaction, which includes financial statements, feedback from
customers, quantitative survey data, and industry trends.
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• I made clear, significant objectives for my analysis of the gathered data. These objectives
were in line with the authoritative objectives and aimed to deliver outstanding
experiences that would inspire intriguing decision making.
• I ensured the data utilized for the assessment was correct and trustworthy. I oversaw
meticulous information approval checks, made use of a number of sources, and
essentially assessed the veracity and quality of the data. This ensured that the choices
were supported by reliable facts.
• I used both formal and informal networking to find data that wasn't readily available in
appropriate contexts. This required interacting with subject-matter experts, participating
in significant events, attending workshops or meetings, and getting advice from partners
and subject-matter experts from within and outside the company.
• I used the proper technological tools and stages in order to work with data collectors,
reviewers, and executives. This involved using tools for information accountability,
collaborative phases, company expertise systems, and information analysis software to
increase the efficacy and sustainability of the interaction for the purpose of analysis.
• I effectively communicated with and attracted key partners, including internal teams,
outside collaborators, and subject-matter experts. To ensure a thorough approach to
decision making and accumulate meaningful experiences, their knowledge and points of
view were evaluated. Through teamwork and partner critique, innovations
were approved, and arrangements were ensured to be created in line with
organizational objectives, principles, and standards.
I made sure that decisions were made in accordance with accepted norms and structures by
following strict rules and regulations at all times. I considered the overall results and
consequences of the activities accomplished when reporting the actions taken, time periods, and
completion dates. The decisions that were taken in response to the investigation were foreseen
and founded on authoritative aims, values, and standards that were meant to really produce
good results and handle the specific company difficulties.
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Detailed breakdown:
Activity What was When it Time it was Completed Overall outcome
done was done completed actions
Identified Conducted This phase Ongoing Documented Acquired a decent
business research, persisted throughout and comprehension of
problems obtained throughout the activity categorized the problems and
and issues stakeholder the entire divisions of
input, and process, organization that
analysed starting at need to be taken
data to the into account.
pinpoint beginning.
important
business
challenges.
Knowledge Identified After Once the
Recognized Clarified the
and data the precise identifying business
the necessary information needs
requirement information business problems
data varieties, necessary for
s and problems were
including decision making.
information and issues identified
reports on
needed to andfinances,
address the documente
feedback from
identified d customers,
business statistical data
concerns. from surveys,
and market
trends.
Objectives Identified After Once the Developed Provided with a
for analysis clear and confirming objectives measurable technique for
of relevant the were objectives for managing the
information objectives knowledge defined the analysis decision
and data and made making process
requirement sure they and the
s were assessment.
consistent
with those
objectives.
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used for collection reviews, reliable and
analysis and directed accurate
was valid analysis cross- information.
and reliable process referencing
efforts, and
oversaw data
quality
checks.
Formal and Leveraged As required Whenever Interacted Gathered
informal formal and during the additional with industry important data
networks informal process information professionals, from a range of
networks was went to sources to
needed seminars or improve the
meetings, and decision-making p
attended rocess and
significant analysis.
gatherings,
and asked
partners and
experts for
help.
Throughout this practical activity, I provided an idea of a logical procedure for processing source
and breakdown data for company decisions. The assignments were continually monitored to
ensure adherence to the set processes and standards. The following duties were successfully
completed: identifying business difficulties, creating objectives, directing information
investigation, authorizing data, leveraging networks, and communicating with partners. The end
result was a strong, highly competent decision-making process that adhered to organizational
objectives, principles, and rules.
2. You should now refer to the decisions that were taken during the previous activity. It will be
necessary to disseminate information to relevant groups and individuals regarding the
reasoning and outcomes of your decisions
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You should fulfil the following requirements:
This activity will need to be observed, and a signed record of this observation (completed by
the assessor or third party) should be uploaded in your answer. It should detail what was
done, when it was done, the time it was completed in, the completed actions and the overall
outcome of the tasks.
Answer:
The examination's results were taken into consideration while making decisions during the prior
movement. Currently, the emphasis is on informing relevant organizations and individuals about
the justifications for and results of such decisions.
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Considered adherence to
the the decisions
preferences taken.
and
assumptions of
the recipients.
Important organizations and people were informed of the reasoning behind and results of
decisions after they had been taken. This entailed conforming to legal and organizational privacy
regulations, upgrading information bases, satisfying beneficiaries' defined expectations, and
preserving data. Overall, there was good data dispersion and correlation, guaranteeing clarity
and consistency in categorization where it mattered.
3. This ongoing practical activity will require you to design, test and adjust information systems
to meet needs and objectives including:
This activity will need to be observed, and a signed record of this observation (completed by
the assessor or third party) should be uploaded in your answer. It should detail what was
done, when it was done, the time it was completed in, the completed actions and the overall
outcome of the tasks.
Answer:
The following developments were made to configure, test, and modify data frameworks to
address problems and objectives, such as the information management system (MIS) and
decision support system (DSS), as well as to make use of technology for the best productivity,
quality, capacity, and data recovery:
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Activity What was When it was Time it was Completed Overall
done done completed actions outcome
Designing The strategy During the Within a Supervised a The plan for
informatio of data initial stages of specified thorough data systems
n system systems, such the project or timeframe analysis of the that complies
as MIS and when a new to align requirements with specific
DSS, was system was with project and goals to criteria and
chosen to required. deadlines. pinpoint the goals and
ensure that crucial data offers a
the different system setting for
criteria and operations. decision
objectives are Made making
accomplished decisions on process and
. data formats, effective and
user productive
interfaces, information
and setting for
limits. management
Cooperated .
with the
proper
partners,
including IT
teams and
end users, to
guarantee
that the
strategy
satisfies their
needs.
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or regions
with potential
for growth
were found
and noted.
Adjusting The data After the Within a Dissected the Data systems
informatio systems have testing phase designated test outcomes that have
n systems been and before the adjustment and been
adjusted in final period to accomplice improved
response to implementatio incorporate contributions and tailored
test findings n necessary to identify to more
and changes. areas needing specifically
stakeholder modification. address the
remarks. Cooperated organization'
with s issues and
important objectives. As
groups, a result,
including information
designers or management
framework , decision
managers, to making
put the process, and
required data
adjustments restoration
into place. are
Wherever it guaranteed
was expected, to be more
further proficient
testing was and of higher
directed to quality.
ensure the
improvement
s were
sufficient.
By planning, testing, and modifying data frameworks like MIS and DSS, employing innovation for
maximum effectiveness and quality, as well as ensuring legal capacity and data recovery, the
business will gain streamlined procedures, accurate and feasible data, and further developed
decision making abilities. These procedures make sure that the data frameworks satisfy the
needs and goals of the firm, enhancing general efficiency.
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Summative Assessments: Section C checklist
This should be used by the trainer/assessor to document the learner’s skills, knowledge and
performance as relevant to the summative assessment. Indicate in the table below if the learner is
deemed satisfactory (S) or not satisfactory (NS) for the activity or if reassessment is required.
Checklist
C-1 Did the learner source and analyse information for the following types Yes No
of business decisions: (Please circle)
Identifying business problems and issues and related
knowledge and data requirements
Confirming the clear and relevant objectives for analysis of
information
Applying statistical analysis, sensitivity analysis and other
techniques to draw conclusions relevant to decisions
Ensuring sufficient valid and reliable information or evidence
is available to support decisions
Using formal and informal networks to source information not
held in formal systems
Identifying and accessing sources of reliable information
Using technology as appropriate
Consultation with stakeholders and specialists
Did the learner take decisions in accordance with the findings of
C-2 Yes No
his/her analysis?
(Please circle)
Did the learner design, test and adjust information systems to meet
C-5 Yes No
needs and objectives including:
(Please circle)
Management information systems and decision support
systems
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Storage and retrieval of information
Comments
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Competency record to be completed by assessor
This should be used by the trainer/assessor to document the learner’s skills, knowledge and
performance as relevant to the overall unit. Indicate in the table below if the learner is deemed
competent or not yet competent for the unit or if reassessment is required.
Checklist
Has the learner completed all required assessments in this workbook to a Yes No
satisfactory standard?
(Please circle)
Assessor’s signature
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