This presentation discusses the investment decision in the chosen restaurant, including data collection procedures and trend analysis. It also explores customer satisfaction and suggestions for improvement.
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BUSINESS DECISION- MAKING FOR FOOD FOR FRIENDS
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INTRODUCTION ï‚¢The current report suite is supposed to enlighten the readers reckoning the notion of investment decision in the chosen restaurant. ï‚¢This suite will provide appropriate data collection procedures and the subsequent synopsis of the acquired information in order to attempt to anticipate the principal tendency. ï‚¢The following phase of the current study will attempt to measure the deviation of the information in terms of trend analysis.
ILLUSTRATION OF GRAPHS YesNo 0% 20% 40% 60% 80% 100% 12% 88% Preference of shifting YesNo 0% 40% 80%78% 22% Refer the brand to others YesNo 0% 20% 40% 60% 80% 100%86% 14% Preference of revisiting the restaurant
ILLUSTRATION OF GRAPHS Strongly agree Agree Neutral Disagree Strongly disagree 0% 10% 20% 30%24%26% 0% 20% 30% Attributes in second branch 0% 30%28%44% 18%6%4% Satisfaction of customers 0% 20% 40%28% 44% 18%6%4% Satisfaction of customers
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ILLUSTRATION OF GRAPHS Once a month Twice a month Frequently Occasionally Rare 0% 5% 10% 15% 20% 25% 30% 35% 14% 30% 12% 20%24% Frequency of visiting Food qualityVariety of recipes PriceLocationAmbience 0% 5% 10% 15% 20% 25% 30% 35% 40% 26% 34% 14% 10% 16% attribute Food quality Variety of recipes Price Location Ambience 0% 5% 10% 15% 20% 25% 30% 35% 40% 26% 34% 14%10% 16% attribute
FINDINGS ï‚¢The aforementioned outcomes consolidated the fact that the core customers and associated peers are quite satisfied with the standards of quality and services that Food For friends has been able to provide them. ï‚¢The core customers have suggested introducing several innovative attributes while pointing to further enhancement of the existing unit regarding the procurement better annual revenue and more number of maiden frontiers.
CONTI… In the context of trend analysis, it can be commented that diversity of foods along with a delicate and friendly service mechanism make the core customers highly satisfied regarding the brand. They are willing to see several identical stores in this regard in order to optimize the acquired annual revenue of Food for Friends. Apart from everything else; if the restaurant has been able to retain the key attributes of their restaurant, that might assist them with better acumen of customer retention and inherently disable them from switching to identical brands.
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