Assignment title: Information
Task 1 (a.) Review the case study and the links provided for market information so that you can write a detailed analysis of business performance data provided in the case study. In this analysis be sure to: analyse both the quantitive (numbers/financials) and qualitative data (descriptive information such as: staff attitudes, management style and business practices) expressed in the case study. Include as much detail and examples as you can to show you have clear understanding of the data provided. Your analysis of business performance data will need to be a minimum of 1,000 words. Task 2 a) Define and analyse five (5) main problems and issues Bizzy-Mart business faces today. Such problems may include: internal or external (market factors), cash flow, petrol prices, staffing or financing. b) Undertake statistical analysis (in the form of: long-term trend analysis, probability assessment, regulation analysis or short to medium-term trend analysis) and sensitivity analysis (applying 'what if' scenarios) to proposed options to address the above problems/issues you outlined in the previous question for this task. c) Explain and justify three (3) information sources or data required for the management decision-making purpose of Bizzy-Mart Chatswood (or head office) to reach a decision on these problems and issues identified in Task 2 (a). d) Identify and describe (from the market information and Bizzy-Mart case study information) patterns and emerging trends applicable to Bizzy-Mart. In doing this, be sure to also interpret their cause and effect. e) After analyzing the data above, explain three (3) business objectives you would suggest/recommend for BizzyMart Chatswood and give reasons to support why. Ensure these objectives are clear, relevant and consistent with the decisions required to overcome issues or problems [identified in Task 1 (b)].