Business Decision Making

This presentation provides an overview of the process of business decision making and its significance in managing the growth and development of an organization. It covers topics such as objective, research methodology, data interpretation, findings, suggestion, conclusion, and references.

Business Decision Making
Task 3.3

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

Introduction
Business decision making is a process which is used to
manage important decision subjected to development and
growth of organisation. Business decision making depends
helps managers to determine the success of organisation by
managing plans and strategies.

Objective
• To determine the perspective and mind set of customers
• Ascertain the factors which affect the nature and
behaviour of costumers
• Analysing the expansion plan

Research Methodology
 To make the research successful random sampling is
adopted regarding selection of 80 respondents.
 Different methods of dispersion are used to interpret
important conclusions.
 Regarding collection of information Questionnaire is
prepared which consists 9 different questions.

Data Interpretation
Q1: Would the expansion plan will be effective for the organisation?
Particulars Respondents %
(a) Yes 66
(b) No 32
(c) Neutral response 2
Total 100
Mean 17
Median 17
Mode 0

Continue..
(a): Yes (b): No
0
10
20
30
40
50
60
70
60
20
Respondent in %

Continue
Q3: Are you satisfied with the pricing strategies of Murano restaurant?
Particular Respondent in %
(a) High 34
(b) optimum 58
(c) Low 8
Total 100
Mean 33
Median 33
Mode 2

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

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Q.3 What are your perception in respect pricing policies of Blackfriars restaurant?
Particular Respondent in %
(a): High 25
(b): Low 30
(c): Moderate 25
Total 80
Mean 26.67
Median 25
Mode 0

Continue
34
58
8
(a) High
(b) optimum
(c) Low

Trend line
Year Sales Net Profit
2017 3800 2500
2018 4000 2750
2019 4500 2800
2020 5000 3250

Continue...
1 2 3 4
0
1000
2000
3000
4000
5000
6000
2017 2018 2019 2020
3800 4000
4500
5000
Year
Sales
Net Profit

Findings
• 100 respondent were taken to evaluate the result
and favourable results come across.
• Organisations financial position is in favourable
condition which indicates
• Sales and profit of last ten years are analysed

Conclusion
There is a process of decision making process is defined in this
context. Variety of source for the collection of data both the
primary and secondary are defined in reference of Murano
restaurant. Range of techniques are analysed the data for
business purpose. Statistical information and data are use to
make appropriate format of decision making process. Use of
software generated subject to make effective decision making
plans and growth models.

References
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.
Saaty, T. L. and Peniwati, K., 2013. Group decision
making: drawing out and reconciling differences. RWS
publications.

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