HND Business Level 5: Business Decision Making - Report

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Added on  2023/03/22

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This report focuses on business decision-making within the context of an HND Business Level 5 course. It highlights the importance of effective decision-making for business success, emphasizing the need for suitable reports to inform ethical and sound judgments. The report outlines findings based on data collected and analyzed, covering aspects such as restaurant offerings, amenities, price levels, staff behavior, and location preferences. These findings are intended to guide authorities in making informed decisions for 'Food for Friends.' The report also includes references to academic sources that discuss decision-making in business ethics and international strategic decision-making.
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TASK 2
Business Decision
Making
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Content
Introduction
Fidings on the basis of report
References
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Introduction
Business is a composition of various number of activities wh
ich need to take care by managers so that better and effective
working could be promoted.
Decision making is a critical task for senior management whi
ch need suitable reports so that ethical and better judgement c
ould be promoted.
Thus, success of a business comes from right decision makin
g which is not easy and for this suitable report have to prepar
e.
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Fidings on the basis of report
As per this report major finding have been concluded on
which authority have to work.
By consulting them, adequate decisions for such things can
be carried out by Food for Friends.
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Cont...
Offering of restaurant:
1
50
30
1
2
3
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Amenity of restaurant
1 2
0
10
20
30
40
50
60
60
20
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Cont...
Price level for every consent user
20
30
30
1
2
3
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Trend line
Behaviour of staff members
1 2
36
37
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40
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43
38
42
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Continue...
Location is most preferable
1 2 3
22
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30
25 25
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References
Nielsen, B. B. and Nielsen, S., 2011. The role of top
management team international orientation in interna
tional strategic decision-making: The choice of foreig
n entry mode. Journal of World Business. 46(2). pp.1
85-193.
Provis, C., 2010. Virtuous decision making for busin
ess ethics. Journal of Business Ethics. 91. pp.3-16.
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