Business Decision Making Task 2 (3.3): Food for Friends Restaurant

This report analyzes business decision-making for the restaurant 'Food For Friends' (FFF), focusing on their potential expansion in London. It uses graphs and charts to visualize customer preferences and trends, aiding in informed decision-making. Key themes explored include the frequency of customer visits and preferred cuisines like Chinese, Italian, and Mexican. The report also incorporates trend lines to predict future outcomes, using data gathered from sources like the internet, friends, and advertisements. This analysis helps FFF management understand customer behavior and make strategic decisions for their new outlet. Desklib provides students with access to similar solved assignments and past papers.

TASK 2
(3.3)
FOOD FOR
FRIENDS
BUSINESS DECISION MAKING

CONTENT COVERED
 Introduction
 Graphs
 Trend Lines
 References

INTRODUCTION
 For gaining success and desired growth in the future, business decision
plays an important role.
 This project is based on Food For Friends restaurant that wants to open
up another outlet in London, UK for which they want to evaluate
ultimate responses of their customers.
 This report states about graphs and charts for FFF so that better and
appropriate dissemination of data will get done.

GRAPHS AND CHARTS
 Creation of graph is important in order to separate data properly and
make it easy to understand.
 There are various graphs and charts determined through which FFF
management makes an important differentiation in between two or
major things.

Theme 1 : Number of visits
2 times 3 times once in a week never
0
5
10
15
20
25
30
20
30
25
5
Column B

Theme 2: Chinese consider as best food for ordering
Chinese Italian Mexican
0
5
10
15
20
25
30
35
40
Column B

TREND LINES
 It is a helpful measure in order to predict future in advance.
 Trend line is considered as the best approach so that future will get
evaluated in advance so that better and effective decision making could
be promoted.

Theme 3: Information related with restaurant gather from
colleagues and relatives
Internet Friends Advertisement Random
0
5
10
15
20
25
30
35
20
30
5
25
Column B
Linear (Column B)

REFERENCES
 Morton, A., 2017. Disasters and dilemmas: Strategies for real-life decision
making. John Wiley & Sons.
 Peng, J. J. and et. al., 2016. Simplified neutrosophic sets and their
applications in multi-criteria group decision-making problems. International
journal of systems science. 47(10). pp.2342-2358.