Business Decision Making Report: Analysis of Balti Palace's Data

This report provides an analysis of business decision-making, focusing on a case study of Balti Palace. It includes an introduction, outlining the importance of effective management decisions for organizational success, and defines the objective of the study. The research methodology involves a random sampling of 90 respondents, followed by data interpretation from questionnaires. The report presents findings on customer preferences, satisfaction with food quality, and affordability of prices. Furthermore, it analyzes sales and net profit trends from 2018 to 2021. The conclusion emphasizes the significance of market research in understanding customer perceptions and interests. The report aims to provide insights into how businesses can make informed decisions based on customer feedback and financial data. The report is well-structured and provides a good understanding of the decision-making process within the context of a restaurant business.

Business Decision Making
Task 3.3

Covered content
• Introduction
• Objective
• Research methodology
• Data interpretation
• Conclusion
• References

Introduction
Every organization can achieve growth and success only
when they have an effective management who are capable to
make an effective decisions and plans related with financial
as well as non-financial activities in order to achieve desired
goals and objectives.

Objective
• Starting of another branch of restaurant
• Conduct research to gather information

Research Methodology
 90 respondents are selected through use of random sampling
method
 Questionnaire is prepared which contains 10 different
questions

Data Interpretation
Q2. What do you find best in Balti
Palace?
Particular
Respondent
Services 21
Food 39
Surrounding 14
Other 16
Total 90
Mean 22.5
Median 18.5
Mode 5

Continue..
Services
Food
Surrounding
Other

Continue
Q3. Are you satisfied with the
quality of food?
Particular
Respondent
Yes 55
No 35
Total 90
Mean 45
Median 45
Mode 20

Continue...
Yes
No

Continue
Q4 Did the prices of the food and
services of Balti palace affordable
and reasonable?
Particular
Respondent
Yes 65
No 25
Total 90
Mean 45
Median 45
Mode 15

Continue
Yes
No

Trend line
Year Sales Net Profit
2018 6500 1950
2019 7850 2355
2020 6650 1995
2021 7550 2265