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Business Decision Making (Task- 3.3).

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Added on  2023/03/21

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Business Decision
Making
(Task- 3.3)

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Table Of Content
Introduction
Objectives
Research Methodology
Data Interpretation
Trend Line
Findings
Conclusion
References
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INTRODUCTION
Decision-making is integral part of every organisation which
helps to accomplish their business objectives and targets
within stipulated period of time. To make their business
operations successful in future need to plan their daily
operations in continuous basis
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OBJECTIVES
The main aim of Food for Friends is to start new branch
in London
To check the viability of move by conducting research
from respondents of total population

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RESEARCH METHODOLOGY
The main aim behind conduct research is ascertain the
views and feedbacks of respondents.
To select 50 respondents from total population, random
sampling method is used by researcher
Questionnaire is prepared by researcher under primary
method of data collection
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DATA INTERPRETATION
Q1. Do you think opening of new branch
of Food for friends in London is good
move?
Frequency
Yes 38
No 12
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Continue...
Yes No
0
5
10
15
20
25
30
35
40 38
12
Column B

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Continue...
Q2. What kind of dish you like most in
Food for Friend restaurant?
Frequency
Seafood 28
Italian 12
Chinese 10
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Continue...
28
12
10
Seafood
Italian
Chinese
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Continue...
Q3. Are you satisfied with the
quality of services of Food for
Friend?
Frequency
Highly satisfied 32
Satisfactory 10
Not satisfied 8

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32
10
8
Highly satisfied
Satisfactory
Not satisfied
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TREND LINE
Year Sales Net Profit
2017 7240 2100
2018 7660 2450
2019 8610 2750
2020 8800 3100
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Continue...
1 2 3 4
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
2017 2018 2019 2020
7240
7660
8610 8800
2100
2450 2750
3100
Year
Linear (Year)
Sales
Linear (Sales)
Net Profit
Linear (Net Profit)

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FINDINGS
Large number of respondents have the
opinion that it is good move to open new
branch in London
Large number of respondents are agreed that
Food for Friends has good financial resources
Large number of respondents are happy with
existing services of Food for Friends
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CONCLUSION
It has been concluded from the above report that, Primary
method of data collection is most appropriate method to
conduct research. This will provides true and correct
information to the management of Food for Friends
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REFERENCES
Ford, R. C. and Richardson, W. D., 2013. Ethical decision
making: A review of the empirical literature. In Citation
classics from the Journal of Business Ethics (pp. 19-44).
Springer Netherlands.
Tzeng, G. H. and Huang, J.J., 2011.Multiple attribute
decision making: methods and applications. CRC press.
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