Unit 6: Business Decision Making - Data Analysis and Interpretation

This report provides an analysis of sales and profit data for Blackfriars restaurant from 2011 to 2017. It interprets trends from pie charts, column graphs, and trend lines, highlighting fluctuations and overall growth. The analysis indicates a decline in sales and profit initially, followed by a significant increase after 2013, suggesting improved business strategies. The trend lines predict continued growth in both sales and profit, with profit increasing at a higher rate. Desklib offers a variety of study tools, including past papers and solved assignments, to support students in understanding data analysis and business decision-making.

BUSINESS DECISION
MAKING
TASK 3.3

Pie Chart For Sales
658
578
468
547 689
745
834
2011
2012
2013
2014
2015
2016
2017

Column Graph For Sales
2011 2012 2013 2014 2015 2016 2017
0
100
200
300
400
500
600
700
800
900
658
578
468
547
689
745
834

INTERPRETATION
 From the above chart it can be interpreted that sales or
revenue of Blackfriars restaurant is decreases from the
year 2011 to 2013 from £658 to £468.
 It shows that the firm is not able to sale its products
and services in the market. Afterwards level of sales
start to increase from £468 and reaches up to £834 at
the end of accounting year 2017.
 It can be said that after the year 2013 Blackfriars
restaurant having effective strategies to attract more
number of customers which lead to enhance revenue
on continuously basis.

Pie Chart For Profit
132
125
112
125
193
231
292 2011
2012
2013
2014
2015
2016
2017

Column Graph For Profit
2011 2012 2013 2014 2015 2016 2017
0
50
100
150
200
250
300
350
132 125 112 125
193
231
292

INTERPRETATION
 The above pie chart and column graphs shows value of profit
generated by the Blackfriars restaurant from the accounting
year 2011 to 2017.
 It can be analysed from the above graphical representations
that profit reduce from £132 to 112 from the FY 2011 to 2013.
 On the basis of this it can be said that the firm not able to
manage its expenses.
 After the year 2013 level of profit is enhances on continuous
basis which is from worth of £112 to £292 by which it can be
said that management is highly able to control over the
expenditures.

Trend Line For Sales
2011 2012 2013 2014 2015 2016 2017
0
100
200
300
400
500
600
700
800
900
658
578
468
547
689
745
834
f(x) = 38.6785714286x + 490.8571428571

Trend Line For Profit
2011 2012 2013 2014 2015 2016 2017
0
50
100
150
200
250
300
350
132 125 112 125
193
231
292
f(x) = 27.6328571429x + 62.2357142857

INTERPRETATION
 It can be visualized from above trend line that sales and
profit both have increasing trend from the financial year
2011 to 2017.
 Further, sales increase with the lower growth rate while
level of profit enhance with the higher growth rate.
 It can be predicted that in the future profit and sales
both will increase with the higher and lower growth rate
respectively.

REFERENCES
Hohna, S. and et.al., 2014. Probabilistic graphical model
representation in phylogenetics. Systematic biology. 63(5).
pp.753-771.
Smith, G., 2015. Essential statistics, regression, and
econometrics. Academic press.
Gorard, S., 2015. An absolute deviation approach to assessing
correlation. British journal of education, society and
behavioural science. 5(1). pp. 73-81.

THANK YOU