Statistics Executive Summary Essay Example | Topics and Well Written Essays - 1000 words

Statistics Executive Summary - Essay mannequinConsequently, the small and medium entrepreneurs energize to make hard struggle to increase the popularity of their products. The same is applied with the perplexity of the restaurant under study, which aims to launch a comprehensive market research, in the light of which it could devise its strategical plan and implement it in urban and suburban areas. Though the research conducted for the market plan of the restaurant is limited one and discusses only few aspects, yet the given data draws stunned few aspects of the concern plan of the restaurant, which have been analyzed as underData Analysis The given sheet reveals the real fact that the data has been gathered from urban and suburban areas, where the administration aims to improve its already launched pabulum work for the customers. Column A of the given data shows that one hundred and one locations have been selected for marketing purposes, out of which fifty one locations h ave been taken from urban areas, while the remaining fifty locations have been continue for suburban areas for the restaurant under study. Column B shows mixed response from both the given locations regarding the food being offered by the restaurant. According to the given data the food is preferred by the visitors with the mean 19.33 in urban category, while the mean for the suburban category is 20.54. It proves the very reality that food of the restaurant is comparatively more popular among suburban population than the urban population. Since the main purpose of the people for visiting the restaurants is to pee-pee some food in order to satisfy their hunger, they want to go to such a lay out where there is peace, calm and tranquility as well as the services offered to them are satisfactory ones. The companies, organizations and entrepreneurs have to introduce new and novel services in a situation of perfect competition