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Role Of Business Decision Making

Introduction

Business is constantly changing with the external market difficulties imposes as a threat on an enterprise. Black friar's restaurant has been selected for the given project report that helps in assessing its present resources in order to take important decisions. This project is all about preparing data collection plan and survey methodology in order to find evidences to support the aim of the business. This report also stresses o using statistical estimates such as mean, median and mode in order to test the arithmetical accuracy as these are regarded as parameters of research study. The information are conveyed to all the external party using appropriate chats and figures. The capital evaluation techniques are used to select r reject appropriate project for an entity.

Task 1

1.1 Create a plan for the collection of primary and secondary data for a given business problem

The current research study is conducted in order to gather information related to the tastes and preferences of all the customers who are currently enjoying the services of a restaurant. The customer satisfaction is regarded as important tool which can be used by an enterprise owner in order to achieve higher target of sales and the revenue within a give deadline. The timely completion of all the goal is important in order to deliver all the services early as compared to all the competitors exist in the same working environment. There are various factors on which the complete study is based upon includes customer preferences in visiting the restaurants, quality of service, location preferred by

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