HC3131 Integrated Business Management Project | Spiceroom
Added on -2020-02-18
| HC3131| 11 pages| 1231 words| 38 views
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Running head: INTEGRATED BUSINESS MANAGEMENT PROJECT Integrated business management project Name of the student: Name of the university: Author note:
1INTEGRATED BUSINESS MANAGEMENT PROJECT Research Findings: Q.1) How often you visit the restaurants in Sydney? Table 1: Number of Visits (Source: Created by the Author) OptionResponse Frequency (%) Number of Responses Total Respondents Once in a Week28%1450 Once in a month32%1650 Quite often24%1250 Rare16%850 Once in a WeekOnce in a monthQuite oftenRare 28% 32% 24% 16% Number of Visits
2INTEGRATED BUSINESS MANAGEMENT PROJECT Graph 1: Number of Visits (Source: Created by Author) Findings and Analysis The survey question follows the number of the customer visits to the restaurants in Sydney. The obtained idea from the survey specifies that majority 32% of the respondents visit the restaurants once in a month whereas almost 28% of the customers visit once in a week. In fact, almost 24% of the customers are frequently visiting the restaurants in Sydney. These ratios specify that the people from Sydney are maintaining the social lifestyles and they prefer visiting the restaurants so often.Hence, it can be suggested that the expansion of theSpice Roomin Sydney market would be opportune for the business in terms of developing the customer base. Q.2) Which of the following factors influence your visit to the restaurants? Table 2: Influencing Factors (Source: Created by the Author) OptionResponse Frequency (%) Number of Responses Total Respondents Food/Service Quality24%1250 Price20%1050 Ambience22%1150 Location16%850 Hospitality18%950
3INTEGRATED BUSINESS MANAGEMENT PROJECT 24% 20% 22% 16% 18% Influencing Factors Graph 2: Influencing Factors (Source: Created by the Author) Findings and Analysis The question is focusing on the specific factors that have the significance influence on the customers’ perceptions of visiting restaurants. The idea derived from this survey indicates that majority 24% of the customers are influenced by the food quality, which is an area of the positive ‘word of mouth’. On the other hand, this ratio is followed by 22% in ambience and 20% in the price structures. Remaining 16% of the respondents mentioned about the location whereas 18% of the customers mentioned about the hospitality. The survey result clarifies thatSpice Roomrequires paying attention more on these factors since these determine the satisfactory rates of the customers. Reaching to the level of customer satisfaction would help the company to gain more profitability for the future run.
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