Business Decision Making

This presentation discusses the importance of decision making in business and explores tools like NPV and IRR. It also includes findings, conclusions, and references.

BUSINESS DECISION
MAKING
Task 3

Cover Content
• Introduction
• Analysis by using chart and graphs
• Trend line
 Formulation of formal report
• Findings
• Conclusion
• References

Introduction
Decision making is important aspect which helps in selection of best
alternative from large number of choices. It is the duty of the
management to adopt different tools an techniques which contributes
in improvement of their decision making. NPV and IRR are two
important financial tools which helps to ascertain the information
regarding the profitability of project.

Objective
 The main objective of Blati palace is to open new
branch in London
 Conduct research to ascertain the views of respondents

Analysis by using chart and graphs
Q1. Do you think
opening of new
branch in London is
viable move for Balti
palace?
Frequency
Yes 55
No 25
Yes No
0
10
20
30
40
50
60 55
25

Continue..
Q2. How often you
came Balti palace? Frequency
Once in a month 40
Twice in a month 30
Thrice in a month 10 40
30
10
Once in a month
Twice in a month
Thrice in a month

Continue..
Q3. What attracts you
more in Balti palace? Frequency
Quality of
food
35
Current
services
25
Ambiance 20
Quality of food Current services Ambiance
0
5
10
15
20
25
30
35
40
35
25
20

Continue..
Q4. Are you happier
with the existing
pricing policy of Balti
palace?
Frequency
Yes 25
No 55
25
55
Yes
No

Continue..
Q5. Do you think
Balti palace is need to
add more cuisine in
main dishes?
Frequency
Agree 35
Disagree 30
Cant say 15
Agree Disagree Cant say
0
5
10
15
20
25
30
35
40
35
30
15

Continue..
Q6. What dish you
like most in Balti
palace?
Frequency
French 37
Chinese 15
Thai 28
37
15
28
French
Chinese
Thai

Continue..
Q7. What location
is more suitable for
expansion in
London?
Frequency
Near tourist
destinations
30
In city 35
Countryside 15
Near tourist destinations In city Countryside
0
5
10
15
20
25
30
35
40
30
35
15

Continue..
Q8. Do you think
Balti palace is need to
provide something
unique on festivals?
Frequency
Agree 42
Disagree 20
Can't say 18
Agree Disagree Cant say
0
5
10
15
20
25
30
35
40
45 42
20 18

Continue..
Q9. Do you think
Balti palace has
enough funds to open
new branch in
London?
Frequency
Yes 38
No 26
Can't say 16
Yes No Cant say
0
5
10
15
20
25
30
35
40 38
26
16

Research Methodology
Random sampling method is used for selection of 80 respondents
from total population
Questionnaire is prepared which contains 10 different questions

Trend Line Data
Year Sales Net Profit
2017 7500 2160
2018 7600 2240
2019 7890 2360
2020 7950 2510

Continue...
1 2 3 4
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
2017 2018 2019 2020
7500 7600 7890 7950
2160 2240 2360 2510
Column A
Linear (Column A)
Column B
Linear (Column B)
Column C
Linear (Column C)

Formulation of Formal Report
The management
Balti palace
Subject: Recommendation related with expansion in another area
One of the major activity which Balti Palace wants to carry out is it wants to open its new branch
in London. For ensure proper development various aspects are there that require to be analyse.
At present Balti Palace provide various type of food items to its customers and there is a Pub
which help in attract large number of youngsters. Overall customers are very satusfy with the
service and food products offer by Balti Palace so it indicate high rate of success of new
branch in future.
Thank you

Findings
• Respondents said that it is favourable for Balti palace to
open new branch in London
• There is need to make changes in their pricing policies

Conclusion
It has been concluded from the above report that research
plays an important role to understand the current trends
which are present in market. It helps the management of
Blati palace to ascertain their actual issues and
development of important strategies which improves their
decision making.

References
Barlett, P. F. ed., 2016. Agricultural decision making:
Anthropological contributions to rural development.
Academic Press.
Drucker, P. F., 2017. What Makes an Effective Executive
(Harvard Business Review Classics). Harvard Business
Review Press.

THANK YOU