Business Decision Making: Balti Palace Restaurant Data-Driven Report

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Added on  2023/03/22

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This report provides an analysis of business decision-making within the context of Balti Palace Restaurant. It includes an introduction outlining the objectives, followed by a description of the research methodology which prioritizes primary sources and incorporates both random and quota sampling across 40 respondents. Data interpretation is presented using bar charts, pie charts, and trend lines to determine the restaurant's growth. Key findings reveal an increase in customers from the previous year and customer satisfaction with the price point of the food. Suggestions include incorporating diverse cuisines into the menu, improving customer grievance resolution, and offering both online and offline payment options. The conclusion emphasizes the importance of considering customer feedback in business decisions and leveraging analytical techniques to address challenges. References to relevant academic sources are also included. Desklib provides access to similar solved assignments and past papers for students.
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BUSINESS DECISION
MAKING
Task 3.3
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Cover Content
Introduction
Objectives
Research methodology
Data Interpretation
Trend line
Findings
Suggestions
Conclusion
References
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Introduction
Business decision making is vital aspects for every business
organisation. This will be helpful to analyse negative and
positive implications those are presented in the restaurant.
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Objective
The main objectives is to analyse quality and
experiences of customers about Balti palace restaurant
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Research Methodology
Primary sources is given major priority during research work.
Both random and quota sampling is taken into consideration
over 40 respondents.
Use of Bar, pie-chart and trend line to determine growth of
balti palace.
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Data interpretation
Q.1 At which age class, you fall?
Number of respondents
a). 20-30 23
b). 30-40 12
c). 40-45 2
d). 45 and above 3
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Q.2 Did you visit our cited restaurant?
a) Yes 27
b). No 12
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Q.3 What is the most important thing in the
quoted restaurant?
Particular %
a). Services 21
b). Food 8
d). Other 11
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Trend Line Data
Year Sales Profits
2018 6037.5 1207.5
2019 7245 1449
2020 9056.25 1811.25
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