Task 1 Using two of the four forms of control Knights and Willmott, as a framework, use any of the material in Unit 2 to discuss the benefits and challenges of these methods of management. You should also explore the implications these managerial issues provoke in relation to your own practice as a manager or as an employee. Getting Tired of Never-Ending Assignments? Task 1 The organizational control is an indispensable part of the management system.
Soft Drinks Sales Forecast When it comes to sushi restaurants, if your restaurant is centrally positioned, you will always attract customers cum sales and that will sure translate to increase in revenue generation for the business.
We are well positioned to take on the available market in Atlanta — Georgia and we are quite optimistic that we will meet our set target of generating enough profits from the first six months of operation and grow the business and our clientele base.
We have been able to critically examine the sushi restaurant industry, we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projections are based on information gathered on the field and some assumptions that are peculiar to startups in Atlanta — Georgia.
Please note that the above projection might be lower and at the same time it might be higher. We have detailed information and data that we were able to utilize to structure our business to attract the number of customers we want to attract per time.
We hired experts who have good understanding of the sushi restaurant industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Atlanta — Georgia.
As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand.
Our bank account numbers will be made available on our website and promotional materials. If you intend to go big by renting a place, then you would need a good amount of capital as you would need to ensure that your employees are well taken care of, and that your facility is conducive enough for workers to be creative and productive.
This means that the start-up can either be low or high depending on your goals, vision and aspirations for your business. The tools and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked.
As for the detailed cost analysis for starting a sushi restaurant business; it might differ in other countries due to the value of their money. They do not intend to welcome any external business partners which is why he has decided to restrict the sourcing of the startup capital to 3 major sources.
These are the areas we intend generating our startup capital; Generate part of the startup capital from personal savings Source for soft loans from family members and friends Apply for loan from the bank N.
All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount. Sushi Restaurant Business Plan — Sustainability and Expansion Strategy The future of a business lies in the number of loyal customers they have, the capacity and competence of their employees, their investment strategy and the business structure.
We know that one of the ways of gaining approval and winning customers over is to retail our product offerings a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while. As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more.
We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams. Completed Opening of Corporate Bank Accounts: Completed Opening Mobile Money Accounts: Completed Opening Online Payment Platforms: In Progress Application for business license and permit: Completed Purchase of Insurance for the Business: Completed Leasing of facility and remodeling the facility to fit into a standard sushi restaurant: In Progress Conducting Feasibility Studies: Completed Generating capital from family members: Completed Applications for Loan from the bank: In Progress Writing of Business Plan: In Progress Recruitment of employees: In Progress Purchase of the needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress Creating Official Website for the Company: In Progress Creating Awareness for the business both online and around the community: In Progress Compilation of our list of products that will be available in our shop: Completed Establishing business relationship with vendors — suppliers of fresh fish, ingredients, coffee, alcoholic drinks and soft drinks:This is the ultimate test of a case analysis report.
-view of the case is to be your team acting as consultants to the executive management team of the organisation in the case study. A well-written case analysis in a university course demonstrates the student’s understanding of the concepts discussed in class and in course readings and.
Case study: Identify one or more division/program areas experiencing recruitment, retention, employee development, knowledge transfer and/or succession planning challenges. case-study Coca Cola Case Study: SWOT and PESTLE Analysis Coca Cola is the leading manufacturer and retailer of non-alcoholic beverage in the world.
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