Business Decision Making Task 3.3.

Business Decision Making
Task 3.3

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

Introduction
Every organization can achieve growth and success only
when they have an effective management who are capable to
make an effective decisions and plans related with financial
as well as non-financial activities in order to achieve desired
goals and objectives.

Objective
• Starting of another branch of restaurant
• Conduct research to gather information

Research Methodology
 90 respondents are selected through use of random sampling
method
 Questionnaire is prepared which contains 10 different
questions

Data Interpretation
Q2. What do you find best in Balti
Palace?
Particular
Respondent
Services 21
Food 39
Surrounding 14
Other 16
Total 90
Mean 22.5
Median 18.5
Mode 5

Continue..
Services
Food
Surrounding
Other

Continue
Q3. Are you satisfied with the
quality of food?
Particular
Respondent
Yes 55
No 35
Total 90
Mean 45
Median 45
Mode 20

Continue...
Yes
No

Continue
Q4 Did the prices of the food and
services of Balti palace affordable
and reasonable?
Particular
Respondent
Yes 65
No 25
Total 90
Mean 45
Median 45
Mode 15

Continue
Yes
No

Trend line
Year Sales Net Profit
2018 6500 1950
2019 7850 2355
2020 6650 1995
2021 7550 2265

Continue...
1 2 3 4
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
6500
7850
6650
7550
1950 2355 1995 2265
Sales
Linear (Sales)
Net Profit
Linear (Net Profit)

Conclusion
It has been concluded from the above project report that
business decision making is an essential element which is
required to be taken by management in order to achieve
desired goals and objectives. It is essential for an
organisation to conduct research in order to find out the
perception and interest of customers regarding the
products and services provided by them.

References
Aharoni, Y., Tihanyi, L. and Connelly, B.L., 2011.
Managerial decision-making in international business: A
forty-five-year retrospective. Journal of World Business.
46(2). pp.135-142.
Ferrell, O. C. and Fraedrich, J., 2015. Business ethics:
Ethical decision making & cases. Nelson Education.

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