... February 12, 2016 Outback Steak House Case This case will reveal information in detailed facts about outback steakhouse and give my personal option as to how I feel the company will succeed in areas of their expansion. Outback steakhouse was one of the fastest-growing and most acclaimed restaurant chains in North America. Outback steakhouse’s principal feature strategy in the US was to emphasize on high-quality ingredients and preparation with a limited number of menu items that can appeal to a diverse array of tastes people will enjoy and try. Serving only at dinner time was the main idea of outback because simply food prepared in the morning would lose its freshness by evening. Making there dinner portions sizeable at moderate prices that can attract different customers through casual dinning but also with high attentive service. Having their restaurants in residential areas rather than downtown enforces the merits of keeping rent low, and encouraged customer and employee loyalty. With their Australian theme and appeal, outback steakhouse has truly got the respect they deserve and have develop long-term relationships for futures to come. Outback Steakhouse key elements for international expansion was a huge belief they lived by and opportunity for their suppliers. Huge Connerty, the president of Outback International believed that the approach that they are going to take is that they will...
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...| Ruth's Chris Steak House | Case Analysis | | Ruth's Chris Steak House is the largest upscale steak house company in the world, with over 130 restaurant locations around the globe. Founded in New Orleans, Louisiana USA by Ruth Fertel in 1965, Ruth's Chris specializes in USDA Prime grade steaks served in Ruth's Chris signature fashion ... "sizzling." In regards to the market variables and their order of importance, I would rank them accordingly: 1. Legal/Ease of import of U.S. beef 2. Population/high urbanization rates 3. Beef eaters 4. High disposable income 5. Eating out habits 6. Affinity for U.S. brands However, some variables are given higher priorities over others when that may be unnecessary. I would re-order the market selection criteria with the most important variable being ease of import, then beef eaters, affinity for U.S. brands (if there is data), high disposable income, population/urbanization and lastly, customer dining habits. If Ruth’s Chris is unwilling to order beef from any other location, then the ease of imports should be the most important variable to consider when analyzing expansion. This variable is easy to measure and quickly eliminates countries that have trade restrictions on U.S. beef. While Hannah mentions that Australian beef could act as a sufficient substitute, the company would be compromising its value proposition and brand by importing Australian beef. Once those prospects have been eliminated, the company...
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...Ruth Chris Steakhouse | 16 minutes | 14 minutes | 20 minutes | 19 minutes | 10 minutes | 15 minutes | Foosackly’s | 2 minutes | 3 minutes | 1 min 45 sec | 2 minutes | 2 mins 30 secs | 2 minutes | Five Guys | 6 minutes | 4 minutes | 11 minutes | 9 minutes | 6 minutes | 4 minutes | Our group decided to research food service response times for our group project. We timed customers at 6 different restaurants: From the time they ordered their food till it was delivered. We also took note of the appearance of the restaurant, employee attitude and over-all cleanliness. Red Lobster and Olive Garden were chosen because of their similar styles of service, casual dining restaurants. Logan’s and Ruth Chris were chosen because they’re both steak-houses. Foosackly’s and Five Guys were chosen because of similar service styles, grab and go. Devon recorded the food service response times on Saturday March 24, 2012. His data was collected from 4:00 pm to 6:00 pm, at the Red Lobster on Airport Blvd in Mobile, Alabama. Devon noted that upon entering Red Lobster that a pleasant smell of butter biscuits was wafting in the lobby and he was greeted immediately by a smiling host. After entering and explaining to the host the project, Devon was lead a table to where he could see 7 other tables and if he looked over his shoulder he could see 4 more. Devon ordered an appetizer, asking his waitress what are some of the factors that affect food services times? She told him that order number, time of...
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...Ruths’ Chris Steak House is one of the most luxurious restaurant in the USA that specializes in the production of very good steaks. It is a renowned brand in the usa known for quality steaks with exceptional quality customers service. Ruth Fertel started the restaurant in New Or leans , LA back in 1965.Due to its successful operations , the company decided to go public by inviting the public to invest into the business with an IPO offering in 2005 that generated over $154million in new equity capital. The inflows of such magnitude placed the burden of performance on the management to generate enough returns for the stakeholders to justify their stakes in the business. The executive president (Business Development), in person of Dan Hannah recommend the idea of establishing presence across the frontiers by selecting some prime target countries via new franchises, the countries that attracted the management interest are Canada, Japan, Belgium, and the United kingdom as their capita beef consumption, populations, urbanization rates and affinity with USA are in agreement with management corporate strategy. The company has economies of scale like technical know –how, support mechanism , expertise in the business of steaks being deployed towards the franchise management , the probability of the franchise and the expansion decisions going down the drain is almost nil. Key Assumptions: The management is looking forward to revenue and company through establishing presence in the...
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...Adria Mansfield Behavioral Modification September 3, 2014 Eric ComStock While visiting my cousin we decided to go out for dinner. We decided to go to outback steak house. When we arrived there it was awfully crowded. We had a forty-five minute wait. While waiting in line I start to observe this Caucasian female. I chose her because she seemed to be very interested. For one she had bright pink hair and tattoos all over. There wasn’t a clear skin spot anywhere. While standing in line for forty-five minutes I start to observe her blinking her eyes. The reason my attention was focused on her was because she didn’t have just an ordinary blink. It appeared to be excessive blinking. Although, blinking is involuntary; which is known as a respondent behavior it’s also an automatic reflex (Lee, Axelrod, pg. 2). “Blinking is an automatic reflex that protects the eyes from dryness, bright light, and any other objects coming towards it”. Blinking regulates tears, in which they nourish and cleanse the surface of the eye” (www.aapos.org). ` The lady appeared to blink her eyes thirty times within one minute. Within the time frame of me observing her she had blinked one hundred and fifty times within five minutes. The blinking rate is 2 times per minute when you are born. By the time you reach adolescence it should...
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...OUTBACK STEAKHOUSE: GOING INTERNATIONAL 1. BACKGROUND: _ Outback Steakhouse is an American casual dining restaurant chain based in Tampa, Florida with over 1200 locations in 22 countries throughout North and South America, Europe, Asia, and Australia. It was founded in February 1988 in Tampa by Bob Basham, Chris T. Sullivan, Trudy Cooper and Tim Gannon, and is now owned and operated in the United States by OSI Restaurant Partners, and by other franchise and venture agreements internationally. _Canadian Outback restaurants began in 1996. In March 2009, Outback Steakhouse Canada abruptly closed all nine locations in the province of Ontario, citing poor economic conditions. In June 2009, an Outback restaurant reopened in Niagara Falls, but has since closed. After closing one location in 2012 and a second in 2013, only one Outback location in Canada continues to operate in Edmonton, Alberta. _ In 1997, Outback entered the South Korean market through the franchise agreement with Aussie Chung Inc. Currently, there are 101 Outback Steakhouse locations throughout South Korea. On June 14, 2007, OSI Restaurant Partners completed a stock repurchase plan, and the company is now privately held. _ In April 2012, Bloomin' Brands, the current owner of Outback Steakhouse, filed with the SEC to raise up to $300 million in an initial public offering. 2. OUTBACK’S START-UP STRATEGY _ The Company's strategy is to differentiate its restaurants by emphasizing consistently...
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...Internet Technology, Marketing, and Security Diamond Taylor Professor Westray Contemporary Business – 508 May 30, 2013 Evaluate the reasons Social Media Marketing has become exceedingly popular among businesses of all sizes When social media first began, it was viewed primarily as a way for people to have fun online by communicating with one another about a diverse variety of topics, similar to a type of “online recreation” on a personal level. It didn’t take long for companies to realize the opportunities available for using social media for business. The participation in social media once it caught on has been tremendous, and it only seems to grow with each passing day. It was only natural for companies to want to harness some of that power to promote their products and/or services. Some of the benefits of social media for businesses are: * Social Media for the businesses offers increased exposure by implementing social media in your marketing plan will give your business increased exposure. This exposure, in return, will result in increased traffic and new email list members. It has an improved search engine, new network connections with other businesses, lead generation and improved sales. * Social media for businesses offer marketing strategy diversification. Social media marketing offers plenty of benefits on its own, but business owners find their results are even better when they combine it with other traditional advertising methods. In a well...
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...Internet Technology, Marketing, and Security Diamond Taylor Professor Westray Contemporary Business – 508 May 30, 2013 Evaluate the reasons Social Media Marketing has become exceedingly popular among businesses of all sizes When social media first began, it was viewed primarily as a way for people to have fun online by communicating with one another about a diverse variety of topics, similar to a type of “online recreation” on a personal level. It didn’t take long for companies to realize the opportunities available for using social media for business. The participation in social media once it caught on has been tremendous, and it only seems to grow with each passing day. It was only natural for companies to want to harness some of that power to promote their products and/or services. Some of the benefits of social media for businesses are: • Social Media for the businesses offers increased exposure by implementing social media in your marketing plan will give your business increased exposure. This exposure, in return, will result in increased traffic and new email list members. It has an improved search engine, new network connections with other businesses, lead generation and improved sales. • Social media for businesses offer marketing strategy diversification. Social media marketing offers plenty of benefits on its own, but business owners find their results are even better when they combine it with other traditional advertising methods....
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...need to know is that…(1) + (details)… On top of that I can also add that (2)…+ (details)… Something else that I need to say is that (3)…so actually…(detail) Starting-off Ok, then; actually; alright; well, you know; Point 1 The first thing I’d like to mention is … The main thing you need to know is … I’d like to begin by highlighting the fact … Point 2 In addition I suppose I should say … Another interesting point … Not only that, but _______is also exceedingly ….. Point 3 And I shouldn’t forget to mention that… I guess I could also say that (it’s) sort-of …….. Finally I’d also like to mention …….. Practice: Tell me something about your hometown? What does your neighborhood look like? What does your house look like? 2. LIKING (Strategy: General to specific) Rephrasing “liking” I’m pretty fond of… I’m really keen on… I’m a big fan of… I’m passionate about… Structure 1. Well in general I would say … 2. To be more precise/specific… 3. And I guess this is probably because… Sample answer What kind of...
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...00 | Selling a Credit Card | $50.00 | Manager Yearly Bonus for Over Quota | $1000.00 | Sales Associate | 10.00 an hour | Sale Supervisor | $15.00 an hour | Manager | $35,000 a year | Store Manager | $50,000 with Stock options | Salesperson | $10.00 Commission on a sale of a 499.99 phone | Plan for Motivating the Sales Force The plan for motivating the sales team is to have weekly manager meetings to evaluate their staff and determine new incentives and bonus for sales. Another way to motivate the sales team is to plan on having a motivational speaker that talks about sales. Another thing that the managers could do is have an employee of the month and they receive a $50 dollar gift card to a restaurant like the Outback Steak house. Common Tips to Motivate a Sales Team The sales force will be motivate in two ways, one incentive, promotions...
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... Ref: 483C I am writing to express my interest in the position of Cook, Ref no. 483C, as advertised on Seek.com. I am an experienced cook and have worked in the kitchen at the Franksville RSL Club for the past three years. It is a high-turnover environment where members of the team each have their responsibilities, but we all chip in with whatever needs to be done and work closely together. Excellent communication and interpersonal skills are an essential part of the job, and I am valued for my energetic and enthusiastic approach to work. With over five years of experience working in professional kitchens, I am adept at all aspects of food preparation and cooking, and at the RSL Club the dishes I prepare include gourmet salads, steak and chips, Thai curry, grilled fish, lamb, soba noodles and stir-fry. This is only a small sample of my repertoire, which is wide-ranging. I also hold a Food Handlers Certificate and pride myself on maintaining the highest standards of food hygiene. After I graduated from high school, I also travelled for one year around the world, working in pubs, cafes and restaurants as I went. That experience taught me so much about the cooking and hospitality industry and every role in it. I developed my skills in cooking, cleaning and customer service and, most importantly, team work. I have been passionate about food and cooking my whole life. My strengths as a cook are in modern Australian and Asian-influenced dishes, and Neil Perry and Tetsuya...
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...(sq. km.): 7,741,220 Australia is the sixth largest country in the world. It is just smaller than Brazil and about four-and-a-half times the size of the U.S. state of Alaska. Australia is the only country that occupies a complete continent. It is also the driest inhabited continent in the world. About one-third of its land is desert and another third is composed of poor-quality land. A long chain of mountains, the Great Dividing Range, runs along the Pacific coast. Fertile farmland lies east of the Great Dividing Range, in the southwestern corner of Western Australia, and in the island state of Tasmania. Cattle stations (ranches) reach the edge of the barren interior desert. The famed Australian Outback is an undefined region that encompasses all remote, undeveloped areas. The Outback is seen as a mystical heartland or frontier—a symbol of Australia's strength and independence—where the climate is hot, life is hard, and people are tough, independent, and few. CultureGramsTMWorld Edition 2015 | Commonwealth of Australia | BACKGROUND include the emu, cockatoo, and kookaburra. Australia's snakes are among the most venomous in the world. BACKGROUND include the emu, cockatoo, and kookaburra. Australia's snakes are among the most venomous in the world. Among Australia's natural wonders is the Great Barrier Reef, a system of coral reefs that extends more than 1,250 miles (2,000 kilometers) near Australia's northeast coast. Regarded as a national treasure, it is the largest...
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...Insider's Recipes Master Edition Copyright© 2002 VJJE Publishing Co. Insider's Recipes Master Edition Table of Contents Introduction.........................................................................................................................................................1 101st Airborne Beer Cheese Soup ...................................................................................................................2 3 Musketeers Bars .............................................................................................................................................3 A&W Chili Dogs ...............................................................................................................................................4 A&W Onion Rings ............................................................................................................................................6 A1 Sauce .............................................................................................................................................................7 Almond Bark .....................................................................................................................................................8 Almond Joy Bars ...............................................................................................................................................9 Andouille Sausage ...........................................................................
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...Earnings multiple, the valuation offers an 11.85% upside from the December 19th, 2014 closing price of $23.50. Bloomin’ Brands’ upside strength results from superior sales growth, margin improvements, and strong growth in operating cash flow. Additionally, significant brand recognition improves firm value by allowing for successful expansion both domestically and internationally. Domestic Growth to Remain Robust – Bloomin’ Brands outperforms industry peers in both sales growth and consumer traffic. Since 2010 Bloomin’ Brands has beat the KnappTrack Index in comparable store sales and traffic by 2.9% and 4.5% respectively. The company seeks to maintain the gap to the Knapp-Track Index through a national lunch rollout in its Outback Steakhouse and Carrabba’s Italian Grill brands. Bonefish Grill, which provides the highest ROIC for the company, will be the focus of domestic new restaurant build outs and is expected to contribute 74% of domestic...
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...Table of Contents EXECUTIVE SUMMARY 1 Introduction/Statement of Purpose ................................................................................................... 1 COMPANY DESCRIPTION 3 Location ............................................................................................................................................... 3 Capitalization ...................................................................................................................................... 3 BUSINESS CONCEPT 4 Concept Description and Statement .................................................................................................. 4 Sample Menu ....................................................................................................................................... 6 Design/Layouts .................................................................................................................................... 7 MANAGEMENT TEAM 8 Owner/Operator – Harry Stevens ..................................................................................................... 8 General Manager – Linda Jones........................................................................................................ 8 Kitchen Manager – Steven King ........................................................................................................ 9 Management Agreements ....................................................
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