Business Decision Making

This presentation covers the topic of business decision making, including its process, objectives, research methodology, data interpretation, findings, suggestions, and conclusions. It also includes references for further reading. The presentation focuses on a specific case study of expansion plans in London and customer requirements.

Business Decision Making
Task 3.3

Covered content
• Introduction
• Objective
• Research methodology
• Data interpretation
• Finding
• Suggestion
• Conclusion
• References

Introduction
Business decision making is a process of forecasting and
analysing future events and situation in respect of business
and organisational context. It is important to provide
accurate information and details to analyse the future
trends and trend lines. This is the process which remains
effective as per manager’s perspective

Objective
• To ascertain the feedback of respondents regarding their
expansion plan in London.
• To understand about the factors which are present in
business environment and understand the requirements of
customers.

Research Methodology
 To make the research successful random sampling is
adopted regarding selection of 80 respondents.
 Different methods of dispersion are used to interpret
important conclusions.
 Regarding collection of information Questionnaire is
prepared which consists 9 different questions.

Data Interpretation
Q.1 Is the idea of introducing new branch is impressive idea?
Particular Respondent in %
(a): Yes 60
(b): No 20
Total 80
Mean 40
Median 40
Mode 0

Continue..
(a): Yes (b): No
0
10
20
30
40
50
60
70
60
20
Respondent in %

Continue
Q.2 Would it be beneficial and effective subject to gain more customer and local customers?
Particular Respondent in %
(a): Yes 45
(b): No 25
(c): Neutral Response 10
Total 80
Mean 26.67
Median 26.67
Mode 0

Continue...
(a): Yes (b): No (c): Neutral Response
0
5
10
15
20
25
30
35
40
45
50 45
25
10
Respondent in %

Continue
Q.3 What are your perception in respect pricing policies of Blackfriars restaurant?
Particular Respondent in %
(a): High 25
(b): Low 30
(c): Moderate 25
Total 80
Mean 26.67
Median 25
Mode 0

Continue
25
30
25
(a): High
(b): Low
(c): Moderate

Trend line
Year Sales Net Profit
2017 7367 2200
2018 7500 2350
2019 8000 2600
2020 8400 2700

Continue...
1 2 3 4
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
7367 7500
8000
8400
2200 2350 2600 2700
Sales
Linear (Sales)
Net Profit
Linear (Net Profit)

Findings
• 60 respondents are in favour of expansion plan of Black
friars restaurant.
• The current performance of restaurant is good which is
depicted by trend line chart.

Conclusion
This report is prepared to define the importance of decision
making process in respect of accelerate the business
operation and organisational structure further. This report
define the Business decision making aspect in four
aspects. Various type of sources for collection of data
subject to primary and secondary sources.

References
Cosgrove, W. J. and Rijsberman, F. R., 2014. World water
vision: making water everybody's business.
Routledge.Sinha, K. C. and Labi, S., 2011. Transportation
decision making: Principles of project evaluation and
programming. John Wiley & Sons.

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