Detailed Business Performance Analysis Report: Food for Friends

This report provides a comprehensive analysis of the business performance of 'Food for Friends'. It utilizes various graphical representations, including pie charts and column charts, to illustrate revenue and profit trends from 2011 to 2017. The analysis reveals a decline in revenue and profit initially, followed by a significant improvement after 2014, indicating the effectiveness of implemented strategies. The report examines the impact of these changes, drawing conclusions about the firm's ability to manage expenses, satisfy customers, and increase market share. Trend line graphs are used to visualize the changes in revenue and profit over time, highlighting the firm's growth potential. The report also includes references to relevant research on decision-making and knowledge management in a business context.

UNIT 6 BUSINESS DEC MAKING

Graphical representation of collected data
Pie Chart on revenue

Column chart on revenue

Interpretation
• It can be interpreted from the above pie and column chart that performance
of Food for Friends is reduced up to high extent.
• This is evident from the graph that in 2011, revenue was 500. The revenue
decreased in 2014 as it was 400.
• This implies that restaurant was unable to satisfy as customers were not
attracted to it and resulted into reduced revenue.
• After 2014, performance was increased up too much extent which shows
effectiveness of firm.
• This is clarified as in 2014, revenue was 400 and which aroused to 800.
• Thus, it can be said that Food for Friends has implemented well-structured
strategies which has garnered good quantum of revenue

Column chart on profit

Pie chart on profit

Interpretation
• The above column and pie charts shows that performance of restaurant has
decreased.
• The data have been taken from 2011 to 2017 financial year which shows
decreasing trend of company.
• The figures are disappointing as firm was unable to manage upon
expenses.
• This is the major reason decline in profitability aspect of firm. But after
2014, profit is quite increased up to high extent.
• This is evident as profit was just 75 in 2011 and roused to 120 at the end of
2017 year.
• This implies that Food for Friends was able to reduce unnecessary
expenditures which has led to more profits.

Trend line on revenue

Trend line on profit

Interpretation
• It can be seen that trend line graphs have been drawn of both profit and
revenue.
• It can be analysed that from 2011 to the end of 2017, profits and revenue
is maximised.
• This implies that firm has not implemented well-mannered strategies
before 2014 as performance was low.
• But after 2014, trend of profit and revenue has considerably increased.
• This shows that Food for Friends is able to reduce expenditures and able to
satisfy consumers.
• This has provided effective results which can be seen in the trend line
charts.
• This means that firm can open second chain to achieve more success.
• This will help to garner more market share and on the other hand,
customers will be satisfied.

REFERENCES
Arnsten, A. F., Lee, D. and Pittenger, C., 2017. Risky Business: The Circuits that
Impact Stress-Induced Decision-Making. Cell. 171(5). pp.992-993.
He, W., Wang, F. K. and Akula, V., 2017. Managing extracted knowledge from big
social media data for business decision making. Journal of Knowledge
Management. 21(2). pp.275-294.

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