Budget reports which are developed using microsoft

This preview shows page 7 - 8 out of 15 pages.

budget reports which are developed using Microsoft Excel as well as other types of digital documents. The second method will be using filing cabinets. Filling cabinets as a method of storage will come in handy with the presence of hard copy documents or information. In our case, the hard copy sources of information will include the printed version of the quotations, hard copies of minutes and budget, and the printed version of all the information that is gathered from the website. Question 3: Identify what information you will require to provide to the CEO and Board of Directors to allow them to decide. The objective of the executive managers of the Bounce Fitness in including me in the research was as follows. The main reason was to research the availability of poly tanks, the types of available poly tanks as well as the available poly tanks. After identifying the available poly tank, the other purpose of the research was to decide on which of the poly tanks that were available in the market were best suited to be installed and used in Bounce Fitness centres. The third objective was to determine the overall budget that will be used in terms of purchasing the poly tanks as the products. Finally, the research was used to demonstrate the environmental consideration through which the installation of the water supply tanks at all four centres with the aim of saving watering using garden care. It must be noted that the information gathered or rather the data collected during the research met the requirement of the set objectives. In addition, it could be useful to the management in terms of making the decision based on the type of water tanks to be acquired and installed at each of the four centres operated by Bounce Fitness. The research strategy that was used to collect the data was through observation. As the researchers, we observed the data which was readily available at the online website store before compiling into a single report that could be read and understood by the stakeholders. The data that we collect through online research is valid and meet the viability requirement. This is because the information as obtained from My Shopping online website as presented without any form of alteration. In addition, there was the printed version of the data collected used as verification and proof of validity. Using the hard copy printed version of the data, it was easy to prove that the data was correct and valid as per the website. The website is known to use information from valid, credible, and reliable sources as well as well-known businesses. To get the most suitable information, we could not search randomly online but were used a set of key worlds to narrow down on the specific information we needed. We understood the search for poly water tanks would yield a lot of research that was unnecessary. While searching the information online, we used key search terms such as “5000 L water poly tank” in the “My Shopping” online website. Based on the restrictive search term used, we only focused on tanks that were 5000L in capacity. However, we found different kinds of poly tanks that were available as well as the specifications such as the delivery cost, price of each water tank, along with the maximum capacity of the water tank.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture