4.1 Use appropriate information processing tools
4.2 Prepare a project plan for an activity and determine the critical path
4.3 Use financial tools for décision making

Demonstrate synthesis when reflecting on own experiences in the workplace, identifying problem scenario, alternative courses of action and considered recommendation

Use critical reflection to evaluate own work and justify valid conclusions

Conclusions and recommendations are relevant and useful for business decision making

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Referencing Requirements:
Task 4:
4.1 Explain the use of Management Information Systems in the operational, strategic and tactical functioning of an organisation.
4.2 Design the Network diagram of the following activities?
Activity Preceding Activity
A, B –
C,D A
E B
F C
G D, E
4.3 Carlton’s Inn is a small family owned Bed and Breakfast chain, consisting of 15 bedrooms in 3 inns throughout the South East of England.
Sir Carlton the owner of Carlton’s Inn wishes to expand his business into the North of England in anticipation of the new £800 million deal signed in October 2013

between the UK Government and China to build a Business District at Manchester Airport. The project will transform 150 acres of scrubland and parking into 5m sq ft of

offices, shops and parkland, creating an estimated 16,000 jobs in the next 15 years. Available on: http://www.ft.com
Sir Carlton wants to launch the construction of the hotel in January 2015 to take advantage of this opportunity and probably expand his bed and breakfast chain in the

region. The cost of building the hotel is expected to be £380,000. The assets relating to this project will depreciate over the project life at 10% per annum on a

straight line basis. Report on the financial viability of this project using ARR and NPV.
Year Net Profit (£million)
2015 £60,000
2016 £60,000
2017 £60,000
2018 £60,000
2019 £60,000
2020 £100,000
2021 £160,000
2022 £200,000
The company’s weighted average cost of capital is 10%.
This provides evidence for 4.1, 4.2, 4.3