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Business Decision Making - Blackfriars Restaurant

   

Added on  2023-04-17

13 Pages681 Words429 Views
BUSINESSBUSINESS
DECISION MAKINGDECISION MAKING
Blackfriars RestaurantBlackfriars Restaurant
Business Decision Making - Blackfriars Restaurant_1
INTRODUCTIONINTRODUCTION
Business decision making process is focused on the the different
methods of data analysis and it is very useful for a business. It is all
about the decision making process which is related to a particular
business scenario.
In the present report, all discussions is related to Blackfriars
Restaurant, this is situated to in London. This is food and drinks
restaurant and they are serving their best consumers and they have a
very big demand from public. To provide their services on a big level,
they want to enlarge their business so they decided to open their new
branch in high street of London. So here are the whole process of
decision making.
Business Decision Making - Blackfriars Restaurant_2
DATA COLLECTIONDATA COLLECTION
There are two types of data; quantitative data and
qualitative data. Quantitative data means where data
gathered from surveys, questionnaires, trials etc. These
data are mostly in number format. Qualitative data's are
that has recorded in detail. It is very important to collect
both types of data to get a great output. Primary data can
be collected by interviews, research, or by observations.
Business Decision Making - Blackfriars Restaurant_3
SURVEY METHODOLOGYSURVEY METHODOLOGY
Survey methodology is a tool that use to collect data from a
specific segment. In this scenario it is important to gather
information mainly from regular consumers of the Blackfriars
restaurant about their requirements, their choices and taste, liking
and dis-likings, ideas to improve dishes, and serving of dishes by
the waiters etc. The survey question list can be made out of closed
questions and open questions. These surveys can be conducted
mainly in two ways that is interviews and questionnaires with some
delicious food without any cost. This is also can be done by
qualitative assessment or as a quantitative design methodology.
Business Decision Making - Blackfriars Restaurant_4

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