Business Decision Making: Consumer Experience Analysis of Balti Palace

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Added on  2023/03/22

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This report focuses on business decision-making through an analysis of consumer experience at Balti Palace. It includes objectives, research methodology, data collection using pie charts and trend lines, findings, and suggestions. The data collected shows sales and net profits over several years, highlighting fluctuations in sales and a peak in profit in 2018 due to increased sales. The report indicates that consumers are generally satisfied with Balti Palace's services and products. It suggests improvements in facilities, attractive promotions, and a wider variety of foods to enhance the consumer experience further. The research uses various references to support its analysis and recommendations.
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Business Decision
Making
(Task- 3.3)
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Table Of Content
Introduction
Objectives
Research Methodology
Data Collection
Trend Line
Findings
Suggestions
References
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INTRODUCTION
Decision making is a necessary and internal part of a modern
management. It is an important part which is necessary
after having the proper research as well as applying
capabilities through talented or expert staff in a business
firm.
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OBJECTIVES
The main objective of this research report is to know
regarding the consumer experience as well as their
reviews regarding the services and products of Balti
Palace.
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RESEARCH METHODOLOGY
The main motive behind this research to eliminated the
gap in literature which are arise in research.
The data gathering sources is useful in measuring
effective results.
Under this, different graphs and charts are develops
according to data collection.
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DATA COLLECTION THROUGH PIE
CHART
Row 1 Row 2 Row 3 Row 4
0
2
4
6
8
10
12
Column 1
Column 2
Column 3
Year Sales Net Profit
2007 1800 500
2008 1750 450
2009 1600 350
2010 1700 550
2011 1550 600
2012 1800 700
2013 2150 400
2014 2000 300
2015 1950 550
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Continue...
1 2 3 4 5 6 7 8 9 10
0
500
1000
1500
2000
2500
2007 2008 2009 2010 2011 2012 2012 2014 2015 2016
1800 1750
1600
1700
1550
1800
2150
2000 1950
1400
500 450
350
550 600
700
400
300
550 600
Year
Sales
Net Profit
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TREND LINE
Year Sales Net Profits
2017 2500 550
2018 2800 750
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Continue...
1 2
0
500
1000
1500
2000
2500
3000
2500
2800
550
750
Sales
Linear (Sales )
net profits
Linear (net profits)
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FINDINGS
In sale, there is a fluctuation.
The profit rate in 2018 is maximum because of the
increased sales.
The consumers are fully satisfied from the services and
products which are provided through Balti Palace.
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SUGGESTIONS
Make some better improvement in the facilities as well
as services of Balti palace.
Balti should conduct some attractive promotions.
More variety of foods and cuisines should be available
to the outside consumers.
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REFERENCES
Barlett, P.F. ed., 2016. Agricultural decision making:
Anthropological contributions to rural development.
Academic Press.
Bayne, N. and Woolcock, S. eds., 2011. The new economic
diplomacy: decision-making and negotiation in
international economic relations. Ashgate Publishing,
Ltd..
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