HND Business Decision Making - Task 3.3 Report: Balti Palace Analysis

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Added on  2023/03/24

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This report analyzes data to support business decision-making for the Balti Palace restaurant, planning to open a new outlet in London. It details the research methodology, including primary and secondary data collection using stratified techniques and questionnaires. The report presents data using tables, trend lines, and pie charts to identify key findings, such as customer satisfaction with service quality and areas needing improvement like food variety and interior design. References to relevant business intelligence and management information systems literature are included. The analysis aims to provide actionable insights for the restaurant's management to make informed decisions about its new outlet and enhance its overall business strategy. The data analysis highlights the importance of statistical tools in supporting business decisions and processing information effectively.
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Business decision making
Task 3.3
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COVER CONTENT
Introduction
Research Methodology
Data collection
Trend line
Pie Chart
Findings
References
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INTRODUCTION
This presentation is related to the restaurant Balti Palace.
They are planning to open a new outlet in London. Charts and
graphs will help them in making right choose, it will also
support them in better processing of the information.
Utilisation of statical tools can give some extra edge to the
mentioned restaurant
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RESEARCH METHODOLOGY
Primary method of collecting data is used to gather the current
information.
Stratified technique has been utilised.
Sampling is done to conduct questionnaire.
Secondary research is also done to get more information
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DATA COLLECTION
Rating R1 R2 R3 R4
1 15 5 10
2 8 15 5 2
3 2 3 10 15
4 16 5 4 5
5 15 5 10
6 10 20
7 8 4 18
8 7 5 18
9 18 2 4 6
10 15 10 3 2
11 10 5 15
12 8 10 7 5
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PIE CHART
2
3
10
15 R1
R2
R3
R4
Speciality
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TREND LINE
R1 R2 R3
0
2
4
6
8
10
12
14
16 15
5
10
Column B
Linear (Column B)
Interior
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FINDINGS
1) It is observed that most of the respondents are happy with
the quality of services provided to them.
2) Management needs to work more on bringing more
variety to food items
3)Changes must be done to the existing surroundings so that
place can be made more attractive.
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REFERECNES
Vercellis, C., 2011. Business intelligence: data mining and optimization for
decision making. John Wiley & Sons.
Laudon, K.C. and Laudon, J.P., 2015. Management Information Systems:
Managing the Digital Firm Plus MyMISLab with Pearson eText--Access
Card Package. Prentice Hall Press.
Maxwell, A.L., Jeffrey, S.A. and Lévesque, M., 2011. Business angel early
stage decision making. Journal of Business Venturing. 26(2). pp.212-
225.
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THANK- YOU
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