Business Decision Making Report - HND Business, 2018, Wembley

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Added on  2023/03/20

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This report delves into the realm of business decision-making, encompassing the utilization of diverse data sources, both primary and secondary, to address a given business problem. It outlines the creation of a comprehensive plan for data collection, detailing the survey methodology and sampling frame employed. Furthermore, the report showcases the design of a questionnaire tailored to the specific business challenge. The core of the report lies in its application of various data analysis techniques, including the generation of information for decision-making through data summarization using representative values. The analysis extends to drawing valid conclusions within a business context and leveraging diverse data analysis measures. The report's structure includes an introduction outlining the significance of effective decision-making, followed by graphical representations to showcase the data analysis. It concludes with references to relevant literature, providing a solid foundation for the analysis presented.
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Business Decision Making
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Covered Content
Introduction
Graphical representation
References
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Introduction
Judgement carried down an organisation towards positive
direction so that efficiency could be manage at workplace in an
appropriate and suitable manner.
Business decision making depicts as a concept which signifies
about management of carious working and operation in order to
maximize effectiveness.
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Theme 1: Nature of the goods and services are
excellent in nature
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Theme 2: Products are high quality in nature which
satisfy all users
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Row 3
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Theme 3: Average visit to restaurant in a month
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45 42
27
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Theme 4: Customers getting attracted due to
effective cost management strategy
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70 65
15
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Theme 5: Quality of beverages are appropriate and
effective in frame
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References
Barlett, P. F. ed., 2016. Agricultural decision
making: Anthropological contributions to rural
development. Academic Press.
Beach, L. R. and Lipshitz, R., 2017. Why
classical decision theory is an inappropriate
standard for evaluating and aiding most human
decision making. Decision Making in Aviation.
p.85.
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Thank You!!
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