HND Business: Restaurant Expansion Decision Making Analysis

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Added on  2023/03/21

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This report provides an analysis of business decision-making within the context of a restaurant, focusing on the potential opening of a new establishment. The research methodology incorporates both primary and secondary data collection methods, including the design and implementation of questionnaires. Graphical representations of the data are used to highlight key findings, such as customer satisfaction levels and market trends. The report identifies an increasing growth prediction and overall customer satisfaction with the proposed restaurant concept. Suggestions for improvement include leveraging digital technology and offering cost benefits to customers. Ultimately, the report concludes that the decision to open a new restaurant is supported by the data, indicating a strong potential for growth and success. Students can find similar assignments on Desklib.
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Business Decisión Making
TASK 3.3
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Content
Introduction
Objective
Research methodology
Graphical representation
Findings
Suggestion
Conclusion
References
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Introduction
An effective decision need to be taken by each
organisation as this enables them to gain opportunities
which help them to survive at marketplace for longer
period of time.
Judgement for company will be related to their
expansion of business or their activities as well
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Objective
The main purpose of using business decision making is to
determine overall perception of customer about opening of
new restaurant.
To evaluated estimation of total sale they are going to get in
near future time.
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Research methodology
The main aim of conducting this research is to eliminate
literature gap.
To get more reliable outcomes researcher has used two
important methods such as primary and secondary.
A complete set of questionnaire is being design.
Effective use of charts and graphs is done to determine the
results.
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Theme 1: Quality of goods and services are
excellent
Good Excellent Bad
0
10
20
30
40
50
60
15
50
15
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Theme 2: Organisation is able to fulfil
requirement of people
65
15
Yes
No
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Theme 4: Prices of goods and services are much
affordable
Yes No
0
10
20
30
40
50
60
70
80
70
10
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Theme 5: Quality of beverages are much
appropriate
1 2
0
5
10
15
20
25
30
35
40
45
50
45
35
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Trend line
Year Sales Net Profit
2017 7650 5000
2018 7700 5150
2019 7850 5200
2020 8000 5600
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Findings
The research had taken complete analysis of market or
areas were they are going to start their restaurant.
The overall growth predication is increasing at constant
rate.
Most of customer are satisfied with such kind of
decision.
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