Strategic Business Decision Making: Balti Place Expansion Analysis

This report presents a business decision-making analysis focused on the expansion plan of Balti Place. It outlines the objective of determining the expansion plan and understanding client perspectives, utilizing survey methodology for data collection. The data interpretation includes responses regarding customer satisfaction with products and services, agreement on pricing, and perceptions of pricing policies. Findings indicate favorable results from 100 respondents and a positive financial position for the organization, supported by sales and profit analysis over the last ten years, visualized through trend lines. The report concludes by emphasizing the statistical data presented, the trend lines illustrating sales and profit, and the achievement of the aims and objectives of the decision-making process. References to relevant academic works are also included.

Business Decision Making
Task 3.3

Covered content
• Introduction
• Objective
• Research methodology
• Data interpretation
• Finding
• Suggestion
• Conclusion
• References

Introduction
Business decision making is considered as a concept which is
known as decision making tool. It helps to analyse the
proposed plans and strategic management decision which
remain associated with the growth and development of an
organisation (Yang and et. al., 2011).

Objective
• To determine expansion plan of Balti place
• To determine the mindset and perspective of clients
• Advises and recommendations

Research Methodology
Survey methodology is used to analyse the aspects of
business decision making process

Data Interpretation
Q1: Do you like the products and services of Balti Palace?
Particular Figures
(a) Yes 75
(b) No 25
Total 100
Mean 50
Median 50
Mode 0

Continue..
(a) Yes (b) No
0
10
20
30
40
50
60
70
80 75
25 Column B

Continue
Q3: Do agree that services and products are worth the price?
Particular Figures
(a) Agree 55
(b) Highly agree 20
(c) Neutral response 25
Total 100
Mean 22.5
Median 22.5
Mode 20

Continue...
(a): Yes (b): No (c): Neutral Response
0
5
10
15
20
25
30
35
40
45
50 45
25
10
Respondent in %

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Q.3 What are your perception in respect pricing policies of Blackfriars restaurant?
Particular Respondent in %
(a): High 25
(b): Low 30
(c): Moderate 25
Total 80
Mean 26.67
Median 25
Mode 0

Continue
40
12
48 (a) Hospitality
(b) Multiple-cuisine
(c) Environment

Trend line
Year Sales Net Profit
2017 3800 2500
2018 4000 2750
2019 4500 2800
2020 5000 3250