Business Decision Making: Food for Friends New London Outlet Analysis

This report delves into the crucial business decisions required for Food for Friends as they consider opening a new outlet in London. It highlights the importance of stakeholder consideration, particularly customers, in making effective and sustainable business judgments. The report presents findings based on a comprehensive analysis, emphasizing the need for management to carefully evaluate various aspects. Graphical presentations and trend lines are utilized to forecast future outcomes and enhance project understanding. Key themes include the positive impact of offerings on customers, the attractiveness of interior design, and the necessity for appropriate pricing strategies. References to relevant academic works on international strategic decision-making and business ethics further support the analysis and recommendations presented in the report.

TASK 2
(3.3)
Business Decision
Making

Content
 Introduction
 Fidings on the basis of report
 Graphical presentation
 Trend line
 References

Introduction
 Crucial decisions aspects are essential in an organisation
for making their sustainability appropriate and effective.
 For effective and appropriate judgement, business need t
o consider their stakeholders properly in which customer
s are major one.
 This project is based on Food for Friends whom want to
open up another outlet in London

Fidings on the basis of report
 By computing this project, all essential findings get
evaluated on which management need to operate their
work.
 By applying them into an association properly, suitable
judgement will lead to carried down.

Graphical presentation
Theme 1: Offerings made positive impact on
customers
R1 R2
0
10
20
30
40
50
60
70 63
17

Continue...
Theme 2: Interior design is attractive and appropriate in
nature
1 2
0
10
20
30
40
50
60
50
30

Trend line
 It is helpful in order to determine the
future forecasting so that better and
appropriate outcome get evaluate
 Trend line enables in better understanding
of project so that prediction for future
become easy.

Continue...
Theme 3: Prices need to be appropriate and suitable in nature
0.5 1 1.5 2 2.5 3 3.5
0
5
10
15
20
25
30
35
40
45
50
17
47
13

References
 Nielsen, B. B. and Nielsen, S., 2011. The
role of top management team internationa
l orientation in international strategic deci
sion-making: The choice of foreign entry
mode. Journal of World Business. 46(2).
pp.185-193.
 Provis, C., 2010. Virtuous decision makin
g for business ethics. Journal of Business
Ethics. 91. pp.3-16.