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TASK 4 4.1 Identifying information for purpose of decision making in order to offer level of services Decisions in a business are cannot be made based on guessing and thinking, there should be a proper information as well as valid data. Level of services are measure in terms of quality offered by a residential home to consumers. Informations which are needed in order to make decision for offer level of services are enumerated below:  Management accounting: It is a process to prepare financial and accounting statements which provide accurate and proper financial informations to the management of residential home. With this she is able to know financial condition of business, when financial condition is strong and profitable then better level of services will be offered to consumers. On the other hand if the firm is not able to earn higher profit then level of services are not better. Hence, from the financial informations she is able to take decisions for offering level of services.  Regulators: Various regulatory bodies are there which set rules and regulation for residential homes (Hendrick and Crawford, 2014). Role of the bodies are to check quality of products and service offered by her, check level of services and analyse about food etc. If authority body is set a benchmark for service quality and level then she must follow that rules. Hence, on the basis of regulatory informations decisions are made to provide residential services to the consumers.  Current and projected demand for service: Another information is related to demand of consumers where she should identify about present as well as future demand. On the basis of forecasted demand, decision is taken for offering service level to consumers.  Sources of income: As per the information when sources of income are high in the care home then high level of services will be offered while if income is low then service level will be impact in negative manner (Edwards and et.al., 2013). So, source of income is also important information while making decisions of provides quality of services and products.

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