This presentation provides an overview of business decision making and its role in achieving sustainable development. It covers topics such as objectives, research methodology, data interpretation, findings, suggestions, and conclusion. References are also provided for further reading.
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Business Decision Making Task 3.3
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Introduction Business decision making is the tool which is used by the organisation in order to gain the sustainable development. However, business decision making is the most effective tool that are used by the organization in order to get the core competencies.
Objective •This is fundamental for the researcher to accumulate information from consumer in regard of starting a new restaurant business. •Theresponseandfeedbackwouldbecollectingto evaluate the perception of consumer.
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Research Methodology Thisisusingmoredescriptivemethodthroughwhich researcher can focus over facts and logics in more effective method. To eliminate the gap of literature which emerge in the work of research. Enough graphs and charts i.e. utilised to presented the accumulated data. Aquestionnairehasbeenfilledfrommorethan60 responder.
Data Interpretation Q1: Do you think that idea of opening new branch of Blackfriars restaurant is valuable idea? Particular Respondent in % (a): Yes46 (b): No14 Total60 Mean30 Median30 Mode0
Continue.. 46 14 0 5 10 15 20 25 30 35 40 45 50 (a): Yes(b): No Respondent in % 46 14 0 5 10 15 20 25 30 35 40 45 50 (a): Yes(b): No Respondent in %
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Cont. Q2: Does this would be healthful for them to attract supreme attention of local customers ? Particular Respondent in % (a): Yes35 (b): No20 (c): Can't say5 Total60 Mean12.5 Median12.5 Mode0
Continue... 35 20 5 0 5 10 15 20 25 30 35 40 Respondent in % Chart Title (a): Yes(b): No(c): Can't say 35 20 5 0 5 10 15 20 25 30 35 40 Respondent in % Chart Title (a): Yes(b): No(c): Can't say
Cont. Q3: Do you believe that the pricing policiesofBlackfriarsrestaurantis high? Particular Respondent in % (a): High25 (b): Low20 (c): Moderate15 Total60 Mean17.5 Median17.5 Mode10
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Pie-chart 35 20 5 0 5 10 15 20 25 30 35 40 Respondent in % Chart Title (a): Yes(b): No(c): Can't say 35 20 5 0 5 10 15 20 25 30 35 40 Respondent in % Chart Title (a): Yes(b): No(c): Can't say
Findings •Maximum people number are favoured in regard of new venture of restaurant •There should be constant increase in the service sale. •The individuals does not perform to other condition for making their orders.
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Suggestion •Maximum people number need to consist facilities of entertainment. •Online requirement of booking which should be given priority •Few new cuisine should be involved for external people.
Conclusion From the above mentioned report, this can be said that the Blackfriars restaurant can expand their operations in central London as, there is a good opportunity for the firm in order to enhance their proficiency in an effective manner. Apart form that, the cited organisation requires to adopt various things which could be used by the restaurant in order to gain the sustainability.
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. InInternational Conference on E- Technologies(pp.100-115).Springer,Berlin, Heidelberg.
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