It can be presented from graphical presentation that during the period of 11 years sales had fallen down in 2010. At the end of 2017, sales revenue of F&F increased from £650 to £1760 respectively. Along with this, profit margin of the restaurant unit is also increased over the time frame. Hence, increasing sales and profit trend demonstrates that customers prefer to visit F&F more frequently which in turn resulted into high sales as well as profit margin. CONTD………
Trend Line
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Statistical tool such as trend line helps in predicting future patterns and thereby aid in suitable decision making. The below mentioned trend line presents that in the near future both sales and margin will grow in the near future. Increasing patterns presents that customer base of the restaurant will incline and makes contribution in the attainment of goals or objectives. CONTD…
Theme1:Ambianceandrestaurantconceptbothhas significantimpactonthedinningdecisionofcustomers ParticularsNumber of respondent s % of responses Ambiance930% Price723% Location or convenienc e 827% Restaurant concept 620% Total30100% Ambiance Location or convenience 0% 10% 20% 30% % of responses % of responses
Theme 2: British and Indian food is highly preferred by the customers CONTD……… Chinese Italian British Indian Continental 0% 10% 20% 30% % of responses % of responses
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Insurvey,27%respondents,undereachfood category depicted that they like to order British and Indian dishes. Further, 23% customers shared their views that they visit restaurant for eating Italian food. In addition to this, 13% customers like Chinese and remaining focuses on ordering continental food. Hence, in the context of second restaurant menu needstodesignedbytakingintoaccountsuch preferences of the customers. CONTD………
Power,D.J.,Sharda,R.andBurstein,F.,2015. Decision support systems. John Wiley & Sons, Ltd. Sperling, E. A. and et.al., 2015. Statistical analysis of irongeochemicaldatasuggestslimitedlate Proterozoic oxygenation.Nature. 523(7561). pp.451- 454. Stacey,R.D.,2016.Thechaosfrontier:creative strategiccontrolforbusiness.Butterworth- Heinemann. REFERENCES