Analysis of Business Decision Making for Murano Restaurant

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Added on  2023/02/07

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This report provides an analysis of business decision-making for Murano Restaurant. It begins by outlining the objectives, which are to gather information from customers and find solutions to the issues the restaurant faces. The research methodology involves using descriptive methods like mean, median, and mode, and a random sampling of 120 respondents. The report uses bar graphs and charts to interpret the data, focusing on customer preferences and suggestions. A trend line analysis is included to help management estimate future profits and suggestions are made to improve the services. The conclusion emphasizes the importance of decision-making in analyzing research results and the effectiveness of charts like trend lines and bar graphs in assessing growth. References to academic sources are also provided.
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BUSINESS DECISION
MAKING
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INTRODUCTION
Business decision making is a critical aspect for the all the
researchers so that they collect data from various sources such as
primary and secondary.
Here, it will discuss about the various methodologies used such as
charts, trend lines to find issues and come at a solution.
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OBJECTIVES
The main purpose behind conducting and initiating surveys is
gather important information from the customers of Murano
restaurant and find a solution to the issues that the management
is facing various problems.
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RESEARCH METHODOLOGY
The descriptive methods such as mean, median and mode are used in order to
make more specific interpretation about the report.
the researcher has chosen 120 respondents from the population by using method
of random sampling.
Different bar graphs and charts are used in order to make research more specific
and useful.
Data Interpretation
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HAVE YOU VISITED MURANO RESTAURANT EVER?
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WHAT DO YOU LIKE MOST IN MURANO
RESTAURANT?
Particular Respondent
Services 32
Food 34
Surrounding 24
Other 30
Total 120
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TREND LINE
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SUGGESTION
The Murano Restaurant should introduce some new dishes for the outside
customers.
The trend line is assisting the managers in estimating the future period
profits of restaurant.
The online and offline methods of payment should be accepted by the
restaurant
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CONCLUSIONS
From the above presentation it has been concluded that the
decision-making helps in analysing actual results from the
research conducted.
Using charts like trend lines and bar graphs helps in analysing
impacts on growth and suitability.
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REFERENCES
Hess, J. D. and Bacigalupo, A. C. , 2011. Enhancing decisions and
decision-making processes through the application of emotional
intelligence skills. Management Decision, 49(5), pp.710-721.
Parnell, G. S. , Driscoll, P.J. and Henderson, D.L. eds., 2011. Decision
making in systems engineering and management (Vol. 81). John Wiley &
Sons.
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