Introduction Business decision making is vital part of organization. It helps in selection of best project out of large number of alternative choices. There are large number of information and financial tools like transfer processing system, decision support system and NPV, IRR etc.
Objective •To conduct research regarding ascertainment of views of respondents about opening of the new branch in London. •To analyse the current performance of restaurant by use of research methodologies.
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Research Methodology Random sampling method is used regarding selection of 50 respondents from total population. Different graphs and pie charts are prepared to interpret the information and ascertain results. Primarymethodofdatacollectionisusedtoconduct research.Questionnaireispreparedwhichincludes10 questions.
Data Interpretation Q1. Is it viable for Murano to open new branch in London? Frequency Yes35 No15
Findings •Largenumberofindividualsprovidesupportin expansionofthebusinessactivitiesofrestaurantin London. •Itisrepresentedfromthetrendlinethatthereis continuous growth in sales and net profit.
Conclusion It has been concluded from the above report that, there is huge importance of research to make their plans successful in market. To conduct their research two methods are used primary and secondary method of data collection. It helps the management of restaurant to enhance their decision making power.
References Saaty,T.L.andPeniwati,K.,2013.Groupdecision making: drawing out and reconciling differences. RWS publications. Nooraie, M., 2012. Factors influencing strategic decision- making processes.International Journal of Academic Research in Business and Social Sciences.2(7). p.405.
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