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Business Management LP 4 - Problem Solving
Chapter 1 - Define the problem
Use Statistics for Problem-Solving and Decision Making
Situations or issues that can be dealt with through statistical methods
Define the problem
Techniques in the formulation of the problem definition
Select data sources and databases - representativeness of the sample and validity of resolutions
Writing an accurate problem statement
Chapter 2 - Investigate the problem
Investigate the problem using statistical methods
Identify the goal or objective of the statistical inquiry
Collect appropriate data
Analyse and Interpret the data
Methods for collecting, organising and analysing data
Surveys
Checklists
Observation
Frequency distribution
Continuous and discrete variables
Methods for analysing data
Techniques for representing and evaluating statistics
Using the SWOT Analysis technique to obtain and examine information
Chapter 3 - Generate and critique problem solutions
Generate problem solutions
Generate possible solutions by using problem-solving techniques
Identify criteria and use weighting to rank the proposed solutions
Defining criteria of effectiveness
Interpret results of experiments and simulations
Common reasons for making bad decisions
Qualitative (Text or Open Ended; Non-Numeric) Data
Define and critique assumptions
Make predictions, conclusions and judgements
Potential sources and effects of bias, errors in measurement, potential uses and misuses
Chapter 4 - Represent, analyse and calculate shape and motion in 2-and 3-dimensional space in different problem-solving contexts
Represent, analyse and calculate shape and motion in 2-and 3-dimensional space in different problem-solving contexts
Measure, estimate, and calculate physical quantities in practical situations relevant to the adult
Read scales on measuring instruments
Dealing with Imperial and Metric measurements
Volume vs. Capacity
Estimate, Measure and Calculate Time
Using Ratio, Proportion and Rate
Chapter 5 - Implement solutions
Implement solutions
Select the optimum solutions(s)
Presenting the problem and its solution
Implement the selected solution(s)
Selecting, briefing and training those involved
Communicate the outcomes of experiments and simulations
Chapter 6 - Evaluate the effectiveness of the solution
Evaluate the effectiveness of the solution
Identify criteria for the measurement of the effectiveness of the solution
Evaluate the effectiveness of the solution against the criteria
Identify and apply corrective action
Verify if the problem has been resolved or not
Business Management LP 4 - Final Integrated Summative Assessment
Learning Programme 4: Problem solving
Evaluate the effectiveness of the solution
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