Decision Making Report: Analyzing Balti Palace's London Expansion Plan

This report presents an analysis of Balti Palace's potential expansion, focusing on the decision-making process and market viability. The research methodology includes a survey of 80 respondents, and statistical methods are used to interpret the data. Key findings indicate strong support for the expansion, with a majority of respondents favoring the new branch. The report also examines customer satisfaction with pricing and analyzes sales and net profit trends from 2017 to 2020. The conclusion emphasizes the importance of research for informed decision-making. The references include sources on water vision and multi-person decision-making.

Business Decision Making
Task 3.3

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

Introduction
To improve decision making power manger of organisation
is need to collect the information from the market and
respondents. It provides the opportunity to draw important
conclusions which contributes in attaining sustainability in
their operations.

Objective
• Check the viability of their move of expansion of new
branch in London
• To satisfy the different requirements of customers
through identification of their preferences

Research Methodology
 80 respondents are select from total population through
application of the method of random sampling
 Application of the different statistical methods to interpret
information.
 Questionnaire is prepared which contains different research
questions.

Data Interpretation
Q1. Opening of another branch of
restaurant in London is viable for
Balti palace?
Frequency
Yes 65
No 15

Continue..
Yes No
0
10
20
30
40
50
60
70 65
15
Column B

Continue
Q2. Does expansion plan of Balti
palace help in attraction of large
number of customers?
Frequency
Yes 45
No 20
Cant say 15

Continue...
45
20
15
Yes
No
Cant say

Continue
Q3. Do you satisfied with the
prices charged by the
management of Balti palace?
Frequency
Highly satisfied 25
Satisfactory 35
Dissatisfied 20

Continue
25
35
20
Highly satisfied
Satisfactory
Dissatisfied

Trend line
Year Sales Net Profit
2017 6225 2210
2018 7150 2560
2019 8240 2950
2020 9110 3100