HND Business - Business Decision Making: Restaurant Expansion Analysis

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Added on  2023/03/21

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This report focuses on business decision-making within the context of a restaurant, specifically addressing the potential opening of a new branch. It employs data analysis techniques, primarily through the use of questionnaires, to gauge customer satisfaction and preferences. The report presents findings on various aspects, including the perceived quality of services, preferred food types (vegetarian vs. non-vegetarian), price satisfaction, restaurant environment, industry performance, staff behavior, and customer service quality. The analysis concludes that while the restaurant has effectively utilized primary data collection methods, it should also consider implementing financial tools and techniques to better measure returns and profits over time. The report references relevant academic literature on heuristic decision-making and business statistics to support its findings and recommendations. Desklib provides access to similar solved assignments and study tools for students.
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BUSINESS DECISION
MAKING
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CONTENT
Introduction
Data analysis
Conclusion
References
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INTRODUCTION
Decision-making is that which help company to have a better working
and thus it makes company to choose the best alternate among
available with them.
Company do have a various method like questionnaire, execution of
information and such thing also contribute in quartile and percentiles
and this help in concluding better result.
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Data Analysis
Is it beneficial to open
new branch by restaurant
in city?
Respondents
Yes 30
No 20
Yes No
0
5
10
15
20
25
30
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Is people satisfied with
the decision?
Respondents
Yes, they are 20
No, they are not 15
Moderate 15
Yes, they are No, they are not Moderate
0
2
4
6
8
10
12
14
16
18
20
Column B
Continue...
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Is Food For
Restaurant is
delivering good
quality of services?
Respondents
Yes 40
No 10
Yes No
0
5
10
15
20
25
30
35
40
Continue...
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Continue...
what type of food you
prefer in restaurant?
Respondents
Vegetarian 20
Non- vegetarian 30
Vegetarian Non- vegetarian
0
5
10
15
20
25
30
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Is people satisfied with the
prices offer by restaurant in
different foods items?
Respondents
Yes 35
No 15
Yes No
0
5
10
15
20
25
30
35
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Are you pleased with
the environment of
restaurant?
Respondents
Yes 45
No 5
Yes No
0
5
10
15
20
25
30
35
40
45
Continue...
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Do you think Food for
Friends is doing well in
food industry?
Respondents
Yes 48
No 2
Yes No
0
5
10
15
20
25
30
35
40
45
50
Continue...
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Is staff members
behave properly
with customers?
Respondents
Yes 42
No 8
Yes No
0
5
10
15
20
25
30
35
40
45
Continue...
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Do you think customer
services of restaurant is
good?
Respondent
s
Yes 49
No 1
Yes No
0
5
10
15
20
25
30
35
40
45
50
Continue...
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