Business Decision Making

This presentation explores the importance of business decision making for small business growth. It covers topics such as research methodology, data interpretation, findings, suggestions, and conclusions. The objective is to collect valuable information from customers and analyze customer perception. The presentation also includes references for further reading.

Business Decision Making
Task 3.3

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

Introduction
Business decision making is a vital element of small
business growth. The researcher used to make various data
analysis by using appropriate decision. This would be
primary base for making proper expansion of any new
venture.

Objective
• It is essential for the researchers to collect valuable
information from customers about opening of new
restaurant.
• The reviews and feedbacks would be gather to analyse
customer perception.

Research Methodology
 The Descriptive method is used by researchers to make
appropriate survey about facts.
 To remove literature gap that arises in a research work.
 Plenty of charts and graphs is been use to represent
collected data.
 A questionnaire is been fill by total 60 respondents.

Data Interpretation
Do you think that idea of opening new branch of Murano is
valuable idea?
Particular
Respondent in %
(a): Yes 45
(b): No 15
Total 60
Mean 30
Median 30
Mode 0

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

Is this will be beneficial for them to draw
maximum attention of local customers ?
Particular
Respondent in %
(a): Yes 35
(b): No 20
(c): Can't say 5
Total 60
Mean 12.5
Median 12.5
Mode 0

Continue...
(a): Yes (b): No (c): Can't say
0
5
10
15
20
25
30
35
40
35
20
5
Respondent in %

What do you think about the pricing policies of
Murano restaurant?
Particular
Respondent in %
(a): High 25
(b): Low 20
(c): Moderate 15
Total 60
Mean 17.5
Median 17.5
Mode 10

Pie-chart
25
20
15
(a): High (b): Low
(c): Moderate

Trend line
Year
Sales Net Profit
2017 7200 2000
2018 7450 2150
2019 7655 2220
2020 7850 2560

Continue...
1 2 3 4
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
7200 7450 7655 7850
2000 2150 2220 2560
Trend Line
Sales
Linear (Sales)
Net Profit
Linear (Net Profit)

Findings
• Maximum number of people are in the favour of opening
new branch of restaurant.
• There is continuous increase in the sales as well as net
profits.
• The people do not need to travel other places for making
their orders.

Suggestion
• Maximum number of people wants to include
entertainment facilities in the restaurant.
• Online booking needs to be given more priority.
• Some new cuisine should be included for outside people.

Conclusion
From this presentation, it has been seen that effective
decision leads to increase profitability of an organisation.
For proper analysis, researchers required to use charts and
graphs to examine present growth chances. Overall idea of
new restaurant is positively excepted by the customers.

References
Rothman, D. J., 2017. Strangers at the bedside: A history of
how law and bioethics transformed medical decision
making. Routledge.
Sethi, S. P. and Zhang, Q., 2012. Hierarchical decision
making in stochastic manufacturing systems. Springer
Science & Business Media.
Pourshahid, A., Richards, G. and Amyot, D., 2011, January.
Toward a goal-oriented, business intelligence decision-
making framework. In International Conference on E-
Technologies (pp. 100-115). Springer, Berlin,
Heidelberg.

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