Business Decision Making

This presentation explores the importance of business decision making and its impact on profitability. It includes findings from customer reviews and suggestions for improvement.

Business Decision
Making
(Task- 3.3)

Table Of Content
 Introduction
 Objectives
 Research Methodology
 Data Interpretation
 Trend Line
 Findings
 Conclusion
 References

INTRODUCTION
Business decision making is an important part of every
organization which derives their functions towards success.
Such decisions are taken with regard to both; financial and
non-financial activities. This helps to manage day to day
functions of companies.

OBJECTIVES
 The primary aims of conducting this research is to
determine customer point of views about establishing
new restaurant chain.
 To evaluated respondents aspects those are collected
during the research work

RESEARCH METHODOLOGY
 Use of quantitative research to remove literature gaps in
a particular research.
 Research is conducted from total 50 respondents as a
sample size.
 A well organize set of questionnaire is being developed.
 Implementation of charts and graphs to examine results
in more effective manner.

DATA INTERPRETATION
Q1. Is it viable for Black friars
restaurant to open new branch in
London?
Frequency
Yes 34
No 16

Continue...
34
16
Yes
No

Continue...
Q2. Do you think opening of
new branch in London is good
decision?
Frequency
Highly satisfied 30
Satisfactory 10
Not satisfied 10

Continue...
Yes No Cant say
0
5
10
15
20
25
30
35
30
10 10
Column B

Continue...
Q3. What attracts you most in Food
for Friends restaurant?
Frequency
Ambience 6
Fast services
Quality of Food
10
34

Continue
6
10
34
Ambience
Fast services
Quality of Food

Q4. Are you satisfied with the quality of
Food? Frequency
Ambience 38
Not satisfied 12

Continue…
Satisfied Not satisfied
0
5
10
15
20
25
30
35
40 38
12
Column B

Continue…
Q5. Are you satisfied with the pricing
policy of Food for Friends for their
foods and services?
Frequency
Highly satisfied 12
Moderate
Not satisfied
22
16

Continue…
Highly satisfied
Moderate
Not satisfied
0
5
10
15
20
25
12
22
16
Column B

Continue…
Q6. What you like most in Food for
Friends restaurant? Frequency
Snacks 10
Sea food
Cheese
32
8

Continue…
10
32
8
Snacks
Sea food
Cheese

Continue…
Q7. What location you wants to choose
to start new branch in London? Frequency
Countryside 8
Near tourist destinations
In city
26
16

Continue…
8
26
16
Countryside
Near tourist
destinations
In city

Continue…
Q8. Did you think that Food for Friends
have enough funds to launch new
restaurant?
Frequency
Yes 44
No 6

Continue…
Yes No
0
5
10
15
20
25
30
35
40
45
50 44
6
Column B

Continue…
Q9. Do you like atmosphere of Food for
Friends restaurant? Frequency
Yes 28
No
Can’t say
12
10

Continue…
28
12
10
Yes
No
Cant say

TREND LINE
Year Sales Net Profit
2017 7220 2150
2018 7650 2350
2019 8720 2500
2020 8800 3250

Continue...
1 2 3 4
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
2017 2018 2019 2020
7220 7650
8720 8800
2150 2350 2500
3250
Year
Linear (Year)
Sales
Linear (Sales)
Net Profit
Linear (Net Profit)

FINDINGS
 From customer review, it has been found huge increase in
customer visit to Food for Friend.
 Customers are ready to accepts restaurant in London
market.
 Huge growth in total sales for coming years.

Suggestion
 Some outside dishes needs to be included in the
restaurant menu.
 Net profitability is effective enough to make expansion
planning.
 Online and take away facilities needs to be introduced.

CONCLUSION
From the above research, it has been concluded that
business decisions needs to be make for the purpose of
increasing profitability for the restaurant. In this process,
various charts and graphs can be helpful to generate
effective outcomes for them.

REFERENCES
Groebner, D. F and et. al., 2011. Business statistics: A
decision making approach. Prentice Hall/Pearson.
Ferrell, O. C. and Fraedrich, J., 2015. Business ethics:
Ethical decision making & cases. Nelson Education.

THANK YOU