Business Decision Making

Please do this assignment properly. I did this one with you in February but i have Referal for this Unit.

Business decision making

INTRODUCTION
 The present report is based on restaurant ‘food for friends’ which has decided for
expansion of its business in London.
 This report will present the plan for collection of data and also various methods
to analyse them.
 In this report the manager of research team has got responsibilities to know
about consumer tastes and preferences so that further expansion takes place.
 For this various statistical tools, capital budgeting techniques and the network
diagrams were applied by research team so that decision-making can be done.

Produce graphs using spreadsheets and
draw valid conclusions based on the
information derived
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Profit
Cost
sales

Create trend lines in spreadsheet graphs to
assist in forecasting for specified business
information.
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f(x) = 3.0303030303x + 179.3333333333
Profit
Linear (Profit )

Cont....
Cost
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
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f(x) = 17.2121212121x + 99.3333333333
Cost
Linear (Cost )

Cont...
Sales
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f(x) = 20.2424242424x + 278.6666666667
sales
Linear (sales)

CONCLUSION
 With the use of various statistical tool and techniques it is concluded that a survey
was conducted by the food for friends restaurant for which the collection of data
through primary and secondary sources has been done.
 The collection of data assisted the researcher in understanding the representation
of the consumers so that they can grow their business .
 In this hypothetical data of cost related to sales and production is triggered which
is formed by the adoption of trend line, with the help of budgeting techniques i.e.
NPV and IRR it is advised to the food for friends not to do the further
investment for the expansion of the business.

REFERENCES
 Barlett, P.F. ed., 2016. Agricultural decision making: Anthropological
contributions to rural development. Academic Press.
 Sutherland, L. A. and Holstead, K. L., 2014. Future-proofing the farm: On-farm
wind turbine development in farm business decision-making. Land use
policy.36. pp.102-112.
 Bagozzi, R.P., Sekerka, L.E. and Sguera, F., 2018. Understanding the
consequences of pride and shame: How self-evaluations guide moral decision
making in business. Journal of Business Research. 84. pp.271-284.