Business Decision Making

This presentation discusses the concept of business decision making and its importance in strategic management. It covers topics such as research methodology, data interpretation, findings, suggestions, and conclusions. The objective is to determine the expansion plan of Balti Place and understand the mindset of clients. The presentation includes statistical diagrams and figures to analyze sales and profit trends. References are provided for further reading.

Business Decision Making
Task 3.3

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

Introduction
Business decision making is considered as a concept which is
known as decision making tool. It helps to analyse the
proposed plans and strategic management decision which
remain associated with the growth and development of an
organisation (Yang and et. al., 2011).

Objective
• To determine expansion plan of Balti place
• To determine the mindset and perspective of clients
• Advises and recommendations

Research Methodology
Survey methodology is used to analyse the aspects of
business decision making process

Data Interpretation
Q1: Do you like the products and services of Balti Palace?
Particular Figures
(a) Yes 75
(b) No 25
Total 100
Mean 50
Median 50
Mode 0

Continue..
(a) Yes (b) No
0
10
20
30
40
50
60
70
80 75
25 Column B

Continue
Q3: Do agree that services and products are worth the price?
Particular Figures
(a) Agree 55
(b) Highly agree 20
(c) Neutral response 25
Total 100
Mean 22.5
Median 22.5
Mode 20

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

Continue
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
40
12
48 (a) Hospitality
(b) Multiple-cuisine
(c) Environment

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

Continue...
1 2 3 4
0
2000
4000
6000
8000
10000
12000
14000
10650
11200
12500 12800
8900 8950
9700 9800
Sales (£)
Linear (Sales (£))
Net Profit (£)
Linear (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 statistical diagram and figures are presented in
this presentation. Sales and profit figures are prepared and
indicated with trend lines. Aims and objective of decision
making process is defined in this project.

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.

THANK YOU