Business Decision Making Report for Food for Friends Analysis

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Added on  2023/03/24

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AI Summary
This report presents an analysis of business decision-making for the restaurant 'Food for Friends.' It begins with an introduction outlining the report's purpose: to assess investment decisions through data collection and trend analysis. The report includes graphical illustrations representing customer preferences, revisit intentions, and satisfaction levels. Key findings highlight customer satisfaction with food quality, service, and a desire for expansion. The analysis uses data to evaluate customer feedback and identify areas for improvement, such as diversifying food options and maintaining friendly service. The report concludes by emphasizing the importance of retaining core attributes to ensure customer loyalty and optimize revenue, offering valuable insights for strategic business decisions.
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BUSINESS DECISION-
MAKING FOR FOOD FOR
FRIENDS
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INTRODUCTION
The current report suite is supposed to
enlighten the readers reckoning the notion of
investment decision in the chosen
restaurant.
This suite will provide appropriate data
collection procedures and the subsequent
synopsis of the acquired information in order
to attempt to anticipate the principal
tendency.
The following phase of the current study will
attempt to measure the deviation of the
information in terms of trend analysis.
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ILLUSTRATION OF GRAPHS
Yes No
0%
20%
40%
60%
80%
100%
12%
88%
Preference of
shifting
Yes No
0%
40%
80% 78%
22%
Refer the brand to
others
Yes No
0%
20%
40%
60%
80%
100% 86%
14%
Preference of
revisiting the
restaurant
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ILLUSTRATION OF GRAPHS
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
0%
10%
20%
30% 24% 26%
0%
20%
30%
Attributes in second
branch
0%
30% 28% 44%
18% 6% 4%
Satisfaction of
customers
0%
20%
40% 28%
44%
18% 6% 4%
Satisfaction of
customers
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ILLUSTRATION OF GRAPHS
Once a month
Twice a month
Frequently
Occasionally
Rare
0%
5%
10%
15%
20%
25%
30%
35%
14%
30%
12%
20% 24%
Frequency of visiting
Food quality Variety of
recipes
Price Location Ambience
0%
5%
10%
15%
20%
25%
30%
35%
40%
26%
34%
14%
10%
16%
attribute
Food quality
Variety of recipes
Price
Location
Ambience
0%
5%
10%
15%
20%
25%
30%
35%
40%
26%
34%
14% 10%
16%
attribute
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FINDINGS
The aforementioned outcomes consolidated
the fact that the core customers and
associated peers are quite satisfied with the
standards of quality and services that Food
For friends has been able to provide them.
The core customers have suggested
introducing several innovative attributes
while pointing to further enhancement of the
existing unit regarding the procurement
better annual revenue and more number of
maiden frontiers.
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CONTI…
In the context of trend analysis, it can be
commented that diversity of foods along with a
delicate and friendly service mechanism make
the core customers highly satisfied regarding
the brand.
They are willing to see several identical stores
in this regard in order to optimize the acquired
annual revenue of Food for Friends. Apart from
everything else; if the restaurant has been able
to retain the key attributes of their restaurant,
that might assist them with better acumen of
customer retention and inherently disable them
from switching to identical brands.
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THANK YOU
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