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Secrets
     of
The Success
Decision Making
What is Decision Making???

“It is the process of Selecting
    The Best Solution Among
 Alternatives in order to solve
            a problem.”
Process of Decision Making



                                           Evaluating
Identification   Analyzing                 alternatives    Implementation
                  causes     Developing
      of                     alternative        &                &
                    for      situations
  Problem        problem                   Selecting the     Feed back
                                           best method
1 ST S t e p
Identification of Problem


Which sort of a food corner
  should be opened in the
food court in Bambalapitiya
2 nd S t e p
Analyzing Causes for the
               Problem


   The large number of food outlets that
    provide different kinds of foods, already
    established in the food court.
3 rd S t e p
Developing Alternatives
 A Pizza Shop
 Ice Cream Stall
 Halal Food Corner
 Coffee Shop
4 th S t e p
Evaluative Alternatives
    01. Pizza Shop
Pros:                            Cons:
   At present there is a good      Formidable competition
    demand.
                                    Have to create our own
   High profit per unit.            image which is not second
                                     to Pizza hut

                                    Have to bear high
                                     promotional cost
02. Ice-cream Stall
Pros:                                   Cons:
   High demand among                      High competition
    every range of age                      E.g. Roots


   Can be provided under                  Decreasing of demand
    an affordable price                     due to some seasonal
                                            changes

   Can provide various kinds
    of ice cream
E.g. Ice-cream Flavors such as,
   Chocolate & Vanilla
Additionally providing sweetness like
   trickle & chocolate syrups
03. Halal Food Corner

Pros:                            Cons:
   High demand                     Limited into a specific
                                     market segment
   Low extended availability
                                    High cost
   Have a good trend
                                    Enclosed with
   Relatively low competition       sophisticated procedure
04. Coffee House
Pros:                                   Cons:
   High demand                            Requires a certain amount
                                            of advertising & promotions
   Popular among every range
    of age in any country                  Threads from other
                                            organizations.
                                            E.g. Coffee Beans & Barista
   Low production cost

   High sales from customized
    products that suit any
    customer need.
E.g. Diabetics, young & working crowd
5 th S t e p
Selecting the Best Method



  Coffee House
6 th S t e p
Implementation & Feedback
GREEN
  MOUNTAIN
COFFEE HOUSE



     “My Blood type is coffee”
Our Products


       Kids Oriented Products
      Lovers Oriented Products
 Exclusive Market Segment Oriented
Kids Oriented Products
Lovers Oriented Products
Exclusive Market Segment
        Oriented
Our Working Environment
Decision making Process

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Decision making Process

  • 1. Secrets of The Success
  • 3. What is Decision Making??? “It is the process of Selecting The Best Solution Among Alternatives in order to solve a problem.”
  • 4. Process of Decision Making Evaluating Identification Analyzing alternatives Implementation causes Developing of alternative & & for situations Problem problem Selecting the Feed back best method
  • 5. 1 ST S t e p
  • 6. Identification of Problem Which sort of a food corner should be opened in the food court in Bambalapitiya
  • 7. 2 nd S t e p
  • 8. Analyzing Causes for the Problem  The large number of food outlets that provide different kinds of foods, already established in the food court.
  • 9. 3 rd S t e p
  • 10. Developing Alternatives  A Pizza Shop  Ice Cream Stall  Halal Food Corner  Coffee Shop
  • 11. 4 th S t e p
  • 12. Evaluative Alternatives 01. Pizza Shop Pros: Cons:  At present there is a good  Formidable competition demand.  Have to create our own  High profit per unit. image which is not second to Pizza hut  Have to bear high promotional cost
  • 13. 02. Ice-cream Stall Pros: Cons:  High demand among  High competition every range of age E.g. Roots  Can be provided under  Decreasing of demand an affordable price due to some seasonal changes  Can provide various kinds of ice cream E.g. Ice-cream Flavors such as, Chocolate & Vanilla Additionally providing sweetness like trickle & chocolate syrups
  • 14. 03. Halal Food Corner Pros: Cons:  High demand  Limited into a specific market segment  Low extended availability  High cost  Have a good trend  Enclosed with  Relatively low competition sophisticated procedure
  • 15. 04. Coffee House Pros: Cons:  High demand  Requires a certain amount of advertising & promotions  Popular among every range of age in any country  Threads from other organizations. E.g. Coffee Beans & Barista  Low production cost  High sales from customized products that suit any customer need. E.g. Diabetics, young & working crowd
  • 16. 5 th S t e p
  • 17. Selecting the Best Method Coffee House
  • 18. 6 th S t e p
  • 20. GREEN MOUNTAIN COFFEE HOUSE “My Blood type is coffee”
  • 21. Our Products  Kids Oriented Products  Lovers Oriented Products  Exclusive Market Segment Oriented