...Consulting Chocoberry ProposaL July 2012 Chocoberry ProposaL July 2012 5555 Main Street, Chicago, State IL, 60643 Phone: 312.555.5555 Fax: 312.555.5551 thurmanconsult@gmail.com www.thurmanconsulting.com 5555 Main Street, Chicago, State IL, 60643 Phone: 312.555.5555 Fax: 312.555.5551 thurmanconsult@gmail.com www.thurmanconsulting.com Resellers such as sells representatives have firsthand knowledge of what their buyers look for and can make suggestions that drive key product changes that meet customers’ needs real time. Resellers can help quickly customize products and understand price points and product restrictions. Competitors have already penetrated the market and Chocoberry already has an excellent source of information on niche products that can be expanded based on their successes and failures. The competition can be used as a resource that provides insider knowledge on what products are growing and how consumers utilize them. Technology companies have traditionally led with using unique methods to solicit consumer feedback. The food industry has in most recent years utilized the same methods to help grow their brands and reduce cost. Crowdsourcing, is a method of utilizing the public to solicit ideas and feedback on concepts. From design to product feedback this method is cost effective and has the ability to reach traditional and nontraditional customers. Each method should be considered at certain phases of the expansion. Initially utilizing...
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...1.)How has McDonald’s concept changed since the 1960s ? What environmental forces were behind these changes? By 1960, the company had more than one hundred restaurants. Kroc and the McDonalds owned some, but most were franchises. In addition to paying a franchise fee and part of their profits, franchisees also paid the company rent on the land where the stores sat. This income eventually earned more money for the McDonald's Corporation than selling food. During the 1960s, McDonald's saw many changes. Kroc became the sole owner in 1961, paying the McDonalds $2.7 million for their share of the business. The same year, the company opened "Hamburger University" at its Oak Brook, Illinois, headquarters to train employees. In 1962, McDonald's golden arches replaced Speedee as the restaurant's main symbol, and ads told customers to "Look for the golden arches." McDONALDS : MACRO ENVIRONMENT Organization’s decision making and performance and strategies are sometimes affected by some external factorsThe most common methods used for macro economic environment analysis is PESTanalysis. PEST anlayis do the environmental analysis from the following points of view:Source: Marketing Model, 2009.: Macro Environment and Marketing Mix3 A. Political factors Political factor mainly refers to government policy. For example, the degree of government’s intervention in an economy is a good example of political factor .According to Oxford University Press political factors mainly deals with...
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...associated with pizza and hamburgers, the fast food industry has undergone a transformation over the past decade. The changes have been led by increasing social awareness about the importance of a healthy diet, which has made consumers rethink their fast food eating habits. In addition, Obesity rates have been increasing over recent decades in all industrialised countries, Australia having the dubious honour of being ranked as one of the fattest nations in the developed world. In 2011 to 2012, approximately 70% of males were overweight and 56% of females (ABS, 2013). Whilst obesity is ostensibly an individual disease, it imposes significant costs on society. Moreover, one-quarter of all Australian children, who aged 5-17, were overweight or obese in 2007 to 2008 (ABS, 2013). Consequently, industry retailers have responded by broadening the range of fast food options on offer and introducing new products to capture this expanding market. Trends in real household disposable incomes, consumer sentiment, competition from convenience stores and supermarkets and growth in the health consciousness of consumers have also driven demand for fast food. Most of these problems are satisfied by a few existing services and products such as Subway and Liten’Easy, and McDonald’s and Hungry Jack’s have tried to innovate their products to become healthier foods. However, there is lack of choices of products and services for customers and mostly Western food, thus, the menu does not have created great...
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... In this report, Measures are proposed based on the problems the restaurant has currently in different aspects which are: costing, menu, opening hours, staffing kitchen customer service, restaurant décor and atmosphere, competition and management style. 2. Problems and Suggested Actions 2.1 Cost and Menu Current problems: ➢ The menu is too elaborate which contains 15 types of pasta 25 types of pizza and 12 types of desserts. This leads to high costs and wastage of ingredients every day. ➢ The Menu is all written in Italian that confuses customers when ordering food. ➢ From the perspective of some customers, the menu is a bit dated which has been kept the same all the time. Besides, they think the food is comparatively higher than food in similar restaurants. Suggested actions: ➢ Conduct a survey among customers to get feedback about their favorites. According to the survey, simplify the menu and select 8 most popular types of pasta, 15 types of pizza and 6 types of desserts. ➢ Redesign the former Italian version menu with English translation and food pictures beside. ➢ On the basis of original menu, introduce 2 new cotemporary Italian cuisines for pasta, pizza and desserts respectively. Before sold in the restaurant, new cuisines have to been tested for free by a group of loyal customer to see whether it will...
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...To: Company Q From: Classifying Your Success Inc., Business Consultant RE: Evaluation and Recommendations for Company Q’s Recent Modifications Dear Company Q, Per your request, I will evaluate your business outlook and your recent modifications on how you have or have not made socially responsible decisions. I will then provide stable recommendations for the company’s benefit and best interest. This evaluation and recommendation regarding social responsibility relates to the closing of two facilities, adding new products at the request of your customers, and your denial to donate day-old products to a local food bank. Keep in mind that social responsibility in business can be defined as “an organization’s obligation to maximize its positive impact on stakeholders and to minimize its negative impact.” In addition, “companies have an economic responsibility to be profitable so that they can provide a return on investment to their owners and investors, create jobs for the community, and contribute goods and services to the economy.” Your decision to close the two stores in high crime rate areas, reportedly because the stores were consistently losing money may be unhealthy to the future success of the business. The threats to be considered in this situation are 1) losing that geographical customer base and having to make up for the loss within your existing locations and 2) attracting investors to support your upcoming endeavors because those two businesses were not...
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...think will be a success Businesses In The Area Businesses Not In The Local Area Coffee Shops (Costa, Café Nero, Starbucks) Juice Bars Restaurants (Prezzo, Urban Kitchen, Pizza Express) Salons (Waxing’s and Nails) Clothes Shops (Jack Wills, Fat Face, White Stuff) Larger Chain Stores (Topshop, Next, New Look) Home Shops (Home Living, The Shed, The Lemon Tree) Estate Agents Take-Away Shops (Pizza Hut, Papa Johns) Electrical Shops (PC World, Curry’s, Apple) Super-Markets (Morrison’s, M&S) Furniture Shops (IKEA) Hairdressers (RUSH) Jewellery Shops (Samuels) 2. Select a possible good or service: Features of your product; briefly explain what your product or service is going to be. My business is going to be a juice bar. The customer can choose their fruits/ingredients you put into the juice. The drink can be ordered to be take away or drink in. Trends in demand; what are the popular goods and services that people are buying at the moment. Population changes; compare how big the population was in 1990 to now. In 1990 the population was 5,278,639,789. Compared to now the population is 7,303,708,210. That is an increase off 2025068421. The current population of Reigate is 137,800. Location of competitors; where are similar businesses located. Market observation/research. The Juice and Smoothie Bars...
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...for the future. Environmental scanning is, “the monitoring, evaluation, and dissemination of information from the external and internal environments to key people within the organization.” (Wheelen and Hunger, Ch.4, Sec. 4.1) Managers scan the internal environment for strengths and weaknesses and the external environment for opportunities and threats. Strengths and weaknesses can be found within the company structure, as well as the employee pool. Scanning the external environment can expose the company to opportunities not yet taken advantage of by other companies. This external scan can also bring light to threats from other organizations in respect to products, services, and costs. Starbucks was founded in 1971 when the first coffee store was opened, and became the competitive company it is today when expansion began in 1987. Starbucks’ mission is “to inspire and nurture the human spirit – one person, one cup, and one neighborhood at a time.” (Starbucks, Our Heritage, 2014) Internal factors affecting Starbucks’ product decisions involve environmental aspects such as where their coffee beans are farmed and the cost of those beans. If the farmers have issues with their beans, this limits the availability to Starbucks. This will force Starbucks to look elsewhere for their beans, which may cost more and be of lesser quality. If the price of the beans increases, this price will have to be passed on to the customer. The price of Starbucks’ coffee is currently quite expensive...
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...triumphs. I speak about how he worked his way up from line cook to restaurant owner, and what he is doing now in his own restaurant after working many years in other people’s restaurants. I speak about what he is doing to become successful and how he was able to turn his knowledge of the restaurant industry into a flourishing business. I go deep into the understanding of a kosher restaurant and how there is certain guidelines in the kosher food industry. I speak about his competitors and what he can do to overcome his short comings. Mikes burgers is a unique blend of fast food and fine dining and I go into that as well. The restaurant industry is changing. As the world speeds up, people have less and less time to sit down and enjoy a meal with their families. What’s more, they want the food they do order to be cheap and quickly prepared. At the same time, there are dozens of restaurants opening all of the time, each looking for a competitive advantage over the other. Restaurants post deals on Twitter, and reach new potential customers on Facebook. They advertise on websites to reach a larger demographic they couldn’t in the past, while gaining a more intricate understanding of that demographic through the use of analytics and statistics measuring who in the area would want to travel to their establishment, and when. Mike Cohen opened Mike’s Burger’s in 2004 in an attempt to take on the many challenges these variables present. An analysis of Cohen’s shift...
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...precede new product development (Cooper & Klienschmidts, 2000). This elucidates the importance of market research in new product development (NPD). Companies must continuously acquire market information to be able to adapt a new product into the market (Cooper & Klienschmidts, Ibid). Such effort is expected to bring the customers’ need, wants and perception into the new product development process. For example, Cisco introduced a system through which her B2B customers share their ideas, design and order products online. Similarly, IBM introduced a forum through which her customers exchange information concerning the development of a new product. The information gathered through the various means is transmitted to the R&D through the communication with marketing. Marketing research acquires customer information at many different stages of new product development process (Cooper, Ibid). For example, medical equipment manufacturers at various stages of new product development acquire enough information from the customers to ensure the survival of the new product (Ottum and Moore, 2006). However, failed products use less information from the customers. Tomes, et al. (2000) compared two chemical...
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...Kyle Tran 177 Colony Street Winnipeg MB R3C 1W2 kyle.tran.712@gmail.com 204-891-4356 APPLICATION FOR PART TIME CUSTOMER SERVICE POSITION Please accept this as an application for employment within the company. My professional background would directly benefit your needs. I have enclosed my resume for your consideration. I am currently a full time student at The University of Winnipeg. I have also completed three semesters of studies at the British Columbia Institute of Technology (BCIT), which has provided me training in Accounting and Office skills. I can use Accounting software such as Simply Accounting, Dynamic GP, and Quick Book. I am competent in recording journal entries, accounts receivable and payable, preparing client invoices. I have experiences in adjusting entries and completing bank reconciliations. Moreover, I create and maintain MS Word and Excel spreadsheets during my courses at BCIT. I also went through many practical projects in BCIT, which you can view on my e-portfolio, http://zenportfolios.com/nguyenvutranse-portfolio/. While studying at The University of Winnipeg, I am greatly enjoying my accounting and finance courses. Since my concentration is accounting and finance, I’m looking for an accounting/financial related position, which can help me to enhance my skills. In my previous jobs, I have learned how to become an effective communicator, a brilliant multi-tasker, and a fast and eager learner. I have also volunteered and gained valuable experience and...
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...restaurant for eating Italian food? Nowadays, there are more and more foreigners who go to Vietnam for working, travelling so there are more restaurants that cook the other countries’ food day by day. They are French, American, Chinese, Japanese … restaurants. Vietnamese have more changes for eating more strange and unique foods that we have ever eaten. And I really enjoy in the Italian food. In Ho Chi Minh city, Vietnam, there are two biggest Italian restaurants that have people usually talk about when they want to have the best Italian food. They are Espresso with friendly and hospitable service and Pepperonis with the appetizing and blazing hot entrees of Pepperonis; they are really the Italian heritage. Before deciding which restaurant leaves a better impression in my mind, a comparison and contrast between location, taste, service and cost must be considered. For me, choosing which restaurant to recommend to family members or friends is as hard as choosing clothes for the first dating. Someone said that having a best meal is not only eating and drinking but also enjoying food in a special space. Pepperonis locates at a beautiful place, it’s near the Saigon River, the most beautiful river in the city. From there, you can enjoy the fresh air, the romantic scene without the noisy of this busy city. It’s a good place for the lovers or a family that wants to relax after a hard day. Opposite to Pepperonis, Espresso locates in the largest, busiest street of Ho Chi Minh City. This...
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...Decision Opinions with Evaluation 6 IV- Recommendation and Implementation 8 1- Short Term Activities 8 2- Long Term Activities 9 V- Exhibits 10 i) Exhibit A: Financial Ratio Analysis and Calculations 10 ii) Exhibit B: Decision Matrix 11 Introduction First time winner of the “Product of the Year” category, Ice-Fili, is the top ice cream producer in Russia. Recently, the company is experiencing tough competition by Nestlé and regional ice cream producers. Ice-Fili’s current problem is its loss in market share due to their poor quality decision-making after Russia became an open-market in 1992. Nestlé took advantage of Ice-Fili’s low reaction adjustment and is taking over their market. What should be Ice-Fili’s next move? To offer proper advice, an external and internal analysis should be conducted to analyze their environment. Analysis EXTERNAL ANALYSIS An external analysis allows us to understand the ice cream industry. It includes analyzing Porter’s 5 forces and Ice-Fili’s key success factors in comparison to its competitors. Porter’s 5 Forces 1- Threat of New Entrants High The ice cream market is attractive due to its 15% to 20% profit margin and low initial capital investment. Ingredients are acquired at low cost because of their commodity nature. Also, the final product and production process are similar among producers. Products may be easily copied making differentiation difficult to obtain. It is easy to get through customers and retailers as...
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...Introduction I Company Overview I Market Analysis I Industry Analysis I ProblemsI Plan of Action I Recommended Approach I Conclusion - Mia replacing departing founder/CEO of the company - 3500 quick casual - Franchised - Publicly traded - Flexible marketing and menus in America - Domestic demand - High quality fast food - Customer oriented policies - Risk taker - Organic ingredients - Keeping up to date (CCO) - Interior design Forget today’s profit. Have a positive impact on customers U.S.A 4. 4. Market Analysis Introduction I Company Overview I Market Analysis I Industry Analysis I Problems I Plan of Action I Recommended Approach I Conclusion Increasing GDP Stock Market Speculation Lucrative Market Sticking to strategy of international expansion To check the untapped potential Success of competitors like KFC , Mc Donald Local market Saturation Why China ? 5. 5. Industry Analysis Introduction I Company Overview I Market Analysis I Industry Analysis I Problems I Plan of Action I Recommended Approach I Conclusion China : Food intake is increasing Eating habits are different than Americans Largest producer and consumer of Rice 6. 6. Q1) What is your Evaluation of the way Levendary Café has entered the China Market? Introduction I Company Overview I Market Analysis I Industry Analysis I Problems I Plan of Action I Recommended Approach I Conclusion 7. 7. • The organization foundation- Blending Concepts and Operations 8. 8. Leaping into china Louis Chen, a strong market...
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...PROFILE In 1981, Ms. Fe Esperanza S. Rodriguez and her sister came up with an idea of converting mini buses into selling vans patterned after mobile food vans in the United States. Her family’s liking of burgers gave her the idea of conceptualizing a unique way of serving burger sandwiches to people in the most economic, fast, & convenient way. On January 11, 1981, two van type outlets were opened in the Rodriguez gasoline stations located along Aurora Blvd. and EDSA corner Julia Vargas. Burger Machine started with an initial capital of P40, 000 and with 20 people working in shifts for 24 hours daily. Burger Machine’s schedules mark the company as “ the burger that never sleeps.” In 1982, its third outlet opened. The business was an instant hit. The owners attributed it to the restaurant-quality food at street-level prices and the popularity of hamburgers to Filipinos. It was Burger Machine who introduced the first “cheesedogs.” It started when a regular customer ordered a slice of cheese to his order of regular hotdog. Likewise in 1981, the familiar dwarf you see in every Burger Machine van was introduced to the public. It was only in 1988 when he was finally given a name in a contest, BURGER BART. In 1990, the Corporate Office in EDSA started and was called EDSA Business Unit. It was also in this year when the Food and Nutrition Research Institute of the Department of Science and Technology confirmed our burgers as “source of the most nutrients in terms of peso...
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...PROFILE In 1981, Ms. Fe Esperanza S. Rodriguez and her sister came up with an idea of converting mini buses into selling vans patterned after mobile food vans in the United States. Her family’s liking of burgers gave her the idea of conceptualizing a unique way of serving burger sandwiches to people in the most economic, fast, & convenient way. On January 11, 1981, two van type outlets were opened in the Rodriguez gasoline stations located along Aurora Blvd. and EDSA corner Julia Vargas. Burger Machine started with an initial capital of P40, 000 and with 20 people working in shifts for 24 hours daily. Burger Machine’s schedules mark the company as “ the burger that never sleeps.” In 1982, its third outlet opened. The business was an instant hit. The owners attributed it to the restaurant-quality food at street-level prices and the popularity of hamburgers to Filipinos. It was Burger Machine who introduced the first “cheesedogs.” It started when a regular customer ordered a slice of cheese to his order of regular hotdog. Likewise in 1981, the familiar dwarf you see in every Burger Machine van was introduced to the public. It was only in 1988 when he was finally given a name in a contest, BURGER BART. In 1990, the Corporate Office in EDSA started and was called EDSA Business Unit. It was also in this year when the Food and Nutrition Research Institute of the Department of Science and Technology confirmed our burgers as “source of the most nutrients in terms of peso...
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