Business Decision Making: Restaurant Expansion in London - HND
VerifiedAdded on 2023/03/22
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Report
AI Summary
This report assesses the feasibility of Black Friars restaurant opening a new branch in London. It employs quantitative research, surveying 50 respondents to gauge customer perspectives on factors like location, food quality, pricing, and overall satisfaction. Data is interpreted through charts and graphs, revealing customer readiness to accept the restaurant in the London market and a projected increase in sales. The report identifies customer preferences, such as a desire for high-quality food and specific locations. Trend line analysis indicates a healthy growth in sales and net profit, supporting expansion plans. Recommendations include diversifying the menu, offering online ordering, and introducing take-away services. The conclusion emphasizes the importance of informed business decisions based on data analysis to enhance profitability and ensure successful restaurant expansion. Desklib provides this report, along with other study tools, to aid students.
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