Business Decision Making: Data Analysis & Balti Palace UK Expansion

This report focuses on business decision-making, particularly concerning Balti Palace, a London-based restaurant, and its potential expansion within the UK. It highlights the importance of data collection through both primary and secondary sources, emphasizing the use of surveys and questionnaires to gather relevant information. The report further explains the application of graphs and trend lines to analyze collected data, aiding in informed decision-making. It includes themes such as the prosperity of the restaurant and monthly visits, visualized through graphs. The use of trend lines is emphasized for forecasting future contexts and preparing effective business strategies. The report concludes with references to academic sources, underpinning the analysis and recommendations provided for Balti Palace's expansion strategy, which is available, along with other solved assignments, on Desklib.

TASK 2
(3.3)
Business Decision
Making

Content
 Introduction
 Graphs
 Trend lines
 References

Introduction
 Success for a business comes up with a every big and rig
ht decision making.
 Business Decision making is a task for senior manageme
nt of a company which take on the basis of various aspec
ts and people.
 This project is based on Balti palace which is one of a fa
mous London based restaurant and want to open another
outlet in UK as well.

Graphs
 Graphs and charts are helpful measure through which
data get disseminate into various variables in an
appropriate manner.
 This will support in make better understanding about
collected frequency so that suitable results could be gain.

Continue...
Theme: Prosperity of restaurant:
1 2
0
10
20
30
40
50
60
70
80 75
5

Continue...
Theme: Number of visit in a month
20
25
35
1
2
3

Trend Lines
 Trend lines are helpful measure for
forecasting future context effectively.
 Thus, business organisation can apply this
tool into an organisation so that
management become able to gain better
results and prepare strategies effectively.

Continue...
Theme: Basic evaluation about services
1 2 3
0
5
10
15
20
25
30
35
30 30
20

References
 Nielsen, B. B. and Nielsen, S., 2011. The role of top
management team international orientation in intern
ational strategic decision-making: The choice of for
eign entry mode. Journal of World Business. 46(2).
pp.185-193.
 Provis, C., 2010. Virtuous decision making for busi
ness ethics. Journal of Business Ethics. 91. pp.3-16.