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Module 5
Assignment:
Concepts
and Methods
of Data-Driven
Decision Making
Name:Okechukwu Jonnwakalo
Learner ID: 106978
BUS5002: Business Concepts
Instructions (Part 1)
Take the role of a quality assurance manager for a
pharmaceutical company. Think about the following scenario.
The amount of data in the pharmaceutical sector increases
every day. Think about COVID-19 and new compliance
requirements that have impacted the collection of data on
vaccines. At this pace, this data is estimated to increase 1000
percent by the end of the next year.
As a manager or executive, it is important to review the
analysis of this data to avoid the risk of not properly calibrating
or configuring devices that would result in discarding entire
batches worth millions of dollars and unethical behavior that
could also result in illegal activities such as.
• Misconfigured or mis-calibrated devices for product
manufacturing
• Wrong metrics for quality testing and assurance that will
result in batches not passing quality tests or batches being
certified when they should not have.
• Lack of due care in the review and QA process
Instructions (Part 2)
Your task is to identify strategies to collect Covid-19
associated data. For example, how many people have
gotten vaccinated for first and second shots, age ranges,
how many people are resisting getting vaccinated.
Instructions:
Submit a 4-5 slide presentation that you would use to
explain what you would do with the data to help
executives make decisions or change processes. Your
presentation should include the following:
•Compare new cases before the vaccination process in
your home country from when they started with the
reported cases now that vaccinations are ongoing
•Your suggestions to improve the presentation of data or
quality of data used
**Feel free to add more slides if needed.
Introduction
The year 2020 witnessed the sudden and
widespread impact of Covid-19, which
significantly altered global business
practices. This unprecedented event
inflicted severe damage on economies
worldwide and even led to a historic drop
in oil prices, reaching negative values.
In light of these transformative
circumstances, how can our business
effectively adjust and thrive?
Furthermore, what valuable lessons can
we extract from the Covid-19 experience
that will contribute to our business's
growth and development?
Crude Oil Price Chart 2023 | Statista, 2023
Introduction- Contd
Primary
Sources
Secondary
Sources
COVID- 19
Data
Comparison
of the Vaccination
Process
Nigeria: WHO Coronavirus Disease (COVID-19) Dashboard With Vaccination Data, n.d.
1st dose
3/5/2021
Suggestions
• Collect data on vaccine bias and hesitancy.
• Conduct surveys and interviews to identify individuals who were infected with
or experienced COVID-19 symptoms without seeking medical attention.
• Utilize a chart or graph to track the trend of new cases before and after the
administration of the first vaccine dose, thereby monitoring the effectiveness
of vaccination.
• Gather data on vaccine-related complications.
References
Crude oil price chart 2023 | Statista. (2023, July 3). Statista.
https://www.statista.com/statistics/326017/weekly-crude-oil-prices/
Nigeria: WHO coronavirus disease (COVID-19) dashboard with vaccination
data. (n.d.). WHO Coronavirus (COVID-19) Dashboard With
Vaccination Data. https://covid19.who.int/region/afro/country/ng
Thank you!

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BUS5002 Module 5 okechukwu Jonnwakalo.pptx

  • 1. Module 5 Assignment: Concepts and Methods of Data-Driven Decision Making Name:Okechukwu Jonnwakalo Learner ID: 106978 BUS5002: Business Concepts
  • 2. Instructions (Part 1) Take the role of a quality assurance manager for a pharmaceutical company. Think about the following scenario. The amount of data in the pharmaceutical sector increases every day. Think about COVID-19 and new compliance requirements that have impacted the collection of data on vaccines. At this pace, this data is estimated to increase 1000 percent by the end of the next year. As a manager or executive, it is important to review the analysis of this data to avoid the risk of not properly calibrating or configuring devices that would result in discarding entire batches worth millions of dollars and unethical behavior that could also result in illegal activities such as. • Misconfigured or mis-calibrated devices for product manufacturing • Wrong metrics for quality testing and assurance that will result in batches not passing quality tests or batches being certified when they should not have. • Lack of due care in the review and QA process
  • 3. Instructions (Part 2) Your task is to identify strategies to collect Covid-19 associated data. For example, how many people have gotten vaccinated for first and second shots, age ranges, how many people are resisting getting vaccinated. Instructions: Submit a 4-5 slide presentation that you would use to explain what you would do with the data to help executives make decisions or change processes. Your presentation should include the following: •Compare new cases before the vaccination process in your home country from when they started with the reported cases now that vaccinations are ongoing •Your suggestions to improve the presentation of data or quality of data used **Feel free to add more slides if needed.
  • 4. Introduction The year 2020 witnessed the sudden and widespread impact of Covid-19, which significantly altered global business practices. This unprecedented event inflicted severe damage on economies worldwide and even led to a historic drop in oil prices, reaching negative values. In light of these transformative circumstances, how can our business effectively adjust and thrive? Furthermore, what valuable lessons can we extract from the Covid-19 experience that will contribute to our business's growth and development? Crude Oil Price Chart 2023 | Statista, 2023
  • 6. Comparison of the Vaccination Process Nigeria: WHO Coronavirus Disease (COVID-19) Dashboard With Vaccination Data, n.d. 1st dose 3/5/2021
  • 7. Suggestions • Collect data on vaccine bias and hesitancy. • Conduct surveys and interviews to identify individuals who were infected with or experienced COVID-19 symptoms without seeking medical attention. • Utilize a chart or graph to track the trend of new cases before and after the administration of the first vaccine dose, thereby monitoring the effectiveness of vaccination. • Gather data on vaccine-related complications.
  • 8. References Crude oil price chart 2023 | Statista. (2023, July 3). Statista. https://www.statista.com/statistics/326017/weekly-crude-oil-prices/ Nigeria: WHO coronavirus disease (COVID-19) dashboard with vaccination data. (n.d.). WHO Coronavirus (COVID-19) Dashboard With Vaccination Data. https://covid19.who.int/region/afro/country/ng

Editor's Notes

  1. Done
  2. Sources of COVID- 19 Data Primary- Interviews & Surveys Secondary- WHO datasets, National Primary Healthcare Development agency The secondary data will augment and validate the primary data