This presentation focuses on the graphical presentation of sales and profit margin trends from 2008 to 2017. It also analyzes customer preferences and satisfaction. The presentation concludes with insights on future growth and success.
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Business Decision Making
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Task 3 : Business presentation YearSales (in £)Profit (in £) 2008750150 2009820180 2010795175 2011770164 2012880195 2013945240 20141077260 20151280280 20161375340 20171590360 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 0 200 400 600 800 1000 1200 1400 1600 1800 Sales (in £) Profit (in £)
CONTD……… Graphical presentation is the most effectual part of statistical analysis which in turn helps in presentingdatasetinanattractiveand understandable manner. Hence, referring graphs one can understand and evaluate overall pattern more effectually. Column graph shows fluctuated trend in the sales and profit margin from the period of 2009 to 2017.
CONTD……… Thereafter, increasing trend has assessed in both the variables such as sales and profit margin. This in turn indicates that customers are more likely to visit F&F and they are satisfied from its services. Moreover, revenue increases along with the customer base to the significant level. Further, as per positive relationship both the variables are increased simultaneously over the time period. Thus, in the context of current business plan, graphical presentation of past data set gives indication regarding the future growth and success.
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Trend Line 2008200920102011201220132014201520162017 0 200 400 600 800 1000 1200 1400 1600 1800 f(x) = 90.0363636363636 x + 533 R² = 0.865914059206855 f(x) = 23.4424242424242 x + 105.466666666667 R² = 0.910167919731803 Sales (in £) Linear (Sales (in £)) Profit (in £) Linear (Profit (in £))
CONTD… By taking into account the above depicted trend line, it can be stated that in the upcoming time period both salesaswellasprofitmarginwillincrease significantly. Upward movement of trend line shows that in the near future customers prefer to come and visit restaurant unit which in turn may result into high sales as well as profit margin. In accordance with this, concerned plan in relation to theestablishmentofanotherunitwillmake contribution in the attainment of organizational goals and objectives.
Theme 1: British and Italian food is highly preferred by the customers of F&F ParticularsViews of respondents Italian8 Continental4 British8 South Indian4 Chinese6 Italian Continental British South Indian Chinese 0% 5% 10% 15% 20% 25% 30% % of respondents % of respondents
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CONTD……… Theme 2: Respondents are satisfied from the services offered by the staff of F&F SatisfiedHighly satisfiedNeither satisfied nor dissatisfied DissatisfiedHighly dissatisfied 0% 5% 10% 15% 20% 25% 30% 35% % of respondents % of respondents
CONTD……… Primarydataassessmentshowsthat33% customers are satisfied and other 30% falls into the category of highly satisfied. Hence, considering overall evaluation it can be depicted that respondents are highly satisfied from the skills and abilities of staff.
REFERENCES Johnston, M. P., 2017. Secondary data analysis: A method of which the time has come.Qualitative and quantitative methods in libraries. 3(3). pp.619-626. Keum, J. and Coulibaly, P., 2017. Information theory‐ based decision support system for integrated design ofmultivariablehydrometricnetworks.Water Resources Research. 53(7). pp.6239-6259. Le Tran, M. A. and et.al., 2017. Data Collection 1: ObservationsandDocumentAnalysis:Who's looking?. InQualitative Research and Intercultural Understanding(pp. 38-47). Routledge.
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