Start a fine dining restaurant in Chicago Research Paper

Start a fine dining restaurant in Chicago - Research Paper Example If an opportunity to start the business of fine dining restaurant is given, it would be a nice experience to open a new unique fine dining restaurant based on simplicity, sleek design and finest of foods and services and with a unique theme. Detailing about the product, the first desire is to provide best quality food. In this regard, the key strategy would be to provide a menu which enlists a combination of dinner and lunch what patrons cannot find anywhere else in terms of quality, appearance, ingredients and taste that would be served without being invasive. When it comes to the type of food, it would be best to include comfort food. Owing to the fact that comfort food is highly popular in Chicago, easy to made, easy to digest, soft in consistency, rich in calories and can be made with a little different touch. With regard to the planned rendered services, the restaurant would entail a combination of dynamic and highly experienced chefs and associates owing to the fact that excell ence and perfection generally comes with experience. In terms of recipe, the menu would be prepared on the basis of local tastes, evolving trends and according to the preferences of the patrons as well. On the other hand, when it comes to music, a certain type of music should be played which influences the concept as well as suites the theme. A live classic music including jazz, doowop, and piano among others would be made available in the fine dining restaurant owing to the fact that people often prefer to visit such kind of restaurants on special occasions, thus the food and music should not be aggressive rather the ambience and theme should be based on tranquility and simplicity. Music on demand would also be included in the menu. GIVE YOUR FINE DINING RESTAURANT A NAME. EXPLAIN WHY THIS ADDS VALUE TO YOUR BUSINESS. The name of the unique fine dining restaurant would be â€Å"The Appetizer Aroma†. The pertinent reason behind this unique name is that people gets addicted to food mainly for two reasons, first is for appetite and secondly for its mesmerizing smell. The name of the restaurant contains both the key elements that would facilitate to draw people for food along with services. WHY IS CHICAGO A GOOD LOCATION FOR A FINE DINING BUSINESS? Regarding dining, Chicago offers amid the best restaurants in the nation. Chicago has always a special place which reflects the culture of perfect bars, quality bartenders and leisurely music among others (Chicago, â€Å"Chicago Magazine†). From many decades, Chicago is well known for the availability of a selection of most revered restaurants and finest cuisine. Chicago provides a wide selection of dining ranging from Asian restaurants to traditional Italia n restaurants (Chicago, â€Å"Chicago Magazine†). WHAT FORM OF BUSINESS OWNERSHIP WILL YOU TAKE AND WHY? With regard to business ownership, entering into the partnership, LLC and corporations result in certain monetary expenditure, which is not in case of sole proprietorship. Accordingly, in sole

Hospatility and Tourism Strategic Managment Essay

Hospatility and Tourism Strategic Managment - Essay Example This "Hospitality and tourism strategic management" essay describes an importance of strategic management, its key elements and also writes about role of Information technology in the hospitality industry. Strategic planning has seen a vast improvement and has evolved in recent times, more so with the volatile economy and intense market competition. However, there is still a tendency of the senior management to keep the formal strategic planning in their purview rather than making it transparent and developing a clear communication with the middle managers and other employees. This approach will not only prove to be detrimental for the future of organizational objectives, but also will not allow a complete harmony between the various levels of employees. The middle management will not be equipped to handle and execute the strategic planning of the senior management until and unless they have a clear understanding of the future vision of the organization. The hospitality and tourism i ndustry has evolved from late eighties and has seen tremendous growth, making the competition stringent with most of the developing countries focusing and formulating friendly policies due to the industry’s immense potential. With advanced tools being introduced to make the services as pleasing for the customer as possible, the focus has more or less now shifted on the unit and the departmental levels of industry players. Hence, the senior management needs to realize the importance involving all the employees in strategic decision making. as they are the ones, who deal one on one with the existing and prospective customers, which eventually decides the company’s reputation and future market base (Scott and Laws 2006). Business Environment The external environment that any company in the hospitality industry needs to do a thorough analysis on can be divided into the operating environment and the organisational environment. Many developed and primarily developing countri es have come up with hospitality industry friendly policies and procedures due to the immense potential of the hospitality and tourism industry to generate huge amounts of economic benefits for any country, benefits like, employment, foreign exchange, tax revenues etc. (Kotler 2008). Managers must give a detailed consideration to the macro-environment factors. Firstly, political factors - governments enforce rules and regulations within which the company must operate, such as subsidies or lenient tax laws for new businesses. Governments can shut companies for not complying with the enforced laws. Therefore, being compliant with the laws

Havoc Mouldings Essay Example | Topics and Well Written Essays - 2000 words

Havoc Mouldings - Essay Example There will be some human resource and ethical issues but they can be dealt competently by taking necessary steps for mitigating their risks. Introduction of Havoc Mouldings Ltd. Havoc Mouldings Ltd. has been present in the market since 1977 and it has been mainly offering its services to the UK aerospace, marine, motor and chemical process industries. The product range of the company comprises of kayaks, hulls and decks for yachts, data buoys, mooring buoys, process cylinders, kit car bodies, after market body kits and radar domes; all of these products are manufactured by hand so that the customers are provided the best quality. Recently, the company has been approached by Boeing from USA for setting up and manufacturing of various precision parts required for smart bombs along with an innovative and latest cruise missile. There are certain challenges which the organisation has to deal with such as strict rules and regulations regarding usage of hazardous materials, installation of equipment for ventilation and investment in vacuum moulding process for fulfilling the requirements of Boeing. ... The main aim of these developments in IT is to provide the companies ample opportunities for enhancing their production levels and respond quickly to the customer’s demands (Agrawal, Subramania & Kapoor, 2010, p.201; Caldas & David, 2005, p.4). Considering the scenario of Havoc Mouldings, it will have to implement the new methods of operations management. According to Wamba and Bendavid (2008), the manufacturing processes have evolved from lean processes to agile ones that have the ability of anticipating the changes in customer’s requirements (p.3) and they are so flexible that they can quickly incorporate the modifications in the final output (Inman et al., 2011, p.346). An organisation has to utilise various technology theories that have been developed by the researchers in the field of IT so that it can ensure that it has the latest production process and IT system installed within the firm (Smith, McKeen & Singh, 2007, p.52). The best technology theory that is comp atible with the current business environment is Technology Adaptation Theory. According to Bardhan, Whitaker and Mithas (2006), this theory states that the technology is the main driver for altering the working environment of the organisation so that it creates innovative conditions and routines along with some problems; the issues associated with new technology have to be realized and technology has to be modified for resolving them (p.23). Hence, technological changes are part of a continuous cycle of adjustment to the new working conditions. As we all know that everything in this world has both positive aspects as well as negative aspects. The positive aspect needs to be considered

Information Management Case Study Example | Topics and Well Written Essays - 1750 words

Information Management - Case Study Example USS's major problems were evident in its order taking process. The orders were manual, imprecise and filled with errors; there was no coherence among the different processors as they had their own tracking and order system. There fore USS was unable to follow each order as it was processed and delivered. The communication system employed between the different processors was a dialup system meaning that data processing wasted a lot of time, invariably forcing the company to hold large inventory, increasing its production cost. All such problems made USS uncompetitive in face of other producers such as POSCO, which was recently setup with the latest technologies. To fix these problems USS took rapid steps to improve their production system. First of all, they provided their customers to place theirs order online specifying the product, quantity, price, composition, size, thickness, and even delivery date for their orders. The software was developed so as to allow the customer to be able to see the cost as well as the delivery dates of their order, to allow them to plan accordingly for their business. It also allowed for messages from different processors to be translated much more quickly and more efficiently. USS also connected DecisionExpress software from LiveCapital for customers which reduced its uncollectible debts. To further improve the accuracy of the order USS incorporated several other soft wares such as order fulfillment and later i2 Technologies. They also introduced soft wares such as iTrac to keep track of their shipments and Mechanical Item Generation System to regenerate orders for repeat customers. USS also setup a subsidia ry USS Engineers and Consultants, to sell these soft wares to assist other companies. To maintain its competitive advantage they only provide soft wares which are a version older than their current software (Bratislava, 2003). Results and Business benefits In 1996, when USS faced a disastrous situation of losing Ford Motor, USS identified that, in face of future competition computerization of the production system was a necessity. This direction allowed USS to be more efficient and more profitable. After the implementation of the software system USS required 3 work hours to produce a ton of steel, as compared to 4 hours in Germany and 4.8 hours in POSCO. Hence, USS was able to greatly benefit from strong economic conditions by supplying steel to United States, China and other countries (Michael Erman - 2007). Conclusion The progress of U.S. Steel depends on the world demand for their products i.e. steel. As witness from the world wide economic shock, demand for steel and other essential construction material has plummet. Widespread closer of factories has significantly halted further investments, resulting in drastic drops of steel prices. USS has invested great sum of financial capital in refining their production cycle but in current times it will be very difficult to gain

CONCEPTUAL ANALYSIS Assignment Example | Topics and Well Written Essays - 1250 words

CONCEPTUAL ANALYSIS - Assignment Example In this case the limits will offer a rational framework within which ideas and concepts can be understood. In coming up with such limitations academicians in various fields such as lexicographers, lawyers, system analysts and philosophers analyses concepts to draw up distinctions and give meaning to abstract objects and words in a bid to ensure that a common ground for interpretation is reached. In doing this, they define constraints, consistency checks and implications that must be enforced to keep the database an accurate reflection of the state of the world the result of which is a formalizable catalog of concepts, relations facts and principles that makes up the world , how its put together and how it works. (Sowa, 1984). In this regard, concepts can be defined as a general idea derived from particular instances that is, the concept is described within the confines of the context and situation in which it is devised.The sub concept is a secondary concept that is derived from the already formulated concepts. The derivation of concepts and subconcepts then demand that ideas and information be interpreted differently depending on the situations at hand and this calls for frameworks within which unifying concepts can be defined. Without such frameworks there would be a misuse of conceptualization where individuals would disagree on even obvious matters. An accused in the court of law would claim that he believes that killing is good and justifiable, people would not agree on such basic things as the colour of the traffic lights or the interpretation of basic texts. It’s for this reason that database administrators carry out conceptual analysis in designing a database to ensure that the resulting d atabase does not contain arbitrary restrictions or even inconsistent data. In doing this they eliminate the vague boundaries of natural concepts and replace them with sharp and more precise distinctions. In the end it is true to say

Is Hofstede's cross cultural work outdated ( international human Essay

Is Hofstede's cross cultural work outdated ( international human resources ) - Essay Example In Hofstede’s view, nations have separate cultures which an international business has to adapt to, in order to successfully conduct its business in a particular nation. Hofstede’s five dimensions of culture are defined in terms of power distance, uncertainty avoidance, masculinity, individualism and long-term orientation. Although Hofstede’s theory of cross cultural dimensions has been subjected to criticisms, his cross cultural dimensions had been of practical applications in the international commerce. However, ever since the advent of globalisation, nations have stopped being watertight compartments with the Hofstede’s cultural dimensions attributable to individual nations in varying degrees having become outdated. It is proposed to place herein evidence based arguments to show that Hofstede’s cultural dimensions for the purpose of international commerce have become irrelevant or outdated in the wake of globalisation. Hofstede attempted to explain that cultures are shaped within nations. But when businesses transcends beyond national boundaries, these cultural dimensions become cultural interconnections. Now globalisation has become the order of the day and irreversible. Cultural attributes are likened to an iceberg in that only very few are visible to the eye. They are language, behaviours, customs, and norms. And traditions, beliefs, priorities, assumptions and values are only perceptible (Parker, 2005 p189). As already well known, Hofstede (1980) arrived at the above said dimensions based on his study of 88,000 employees of IBM from 72 countries. He expanded his study to ten more countries and three regions in his updated version (Hofstede, 2001).At the time of Hofstede’s original work in 1980, the world was not as complicated a place as it is today. In the last three decades, nations have become more permeable and heterogeneous besides undergoing disintegration or dismantlement like Soviet

Styles Of Learning Essay Example for Free

Styles Of Learning Essay There are three different styles of learning, auditory, visual and tactile. Each one is very different from the other. Visual learners do best by seeing the lessons and even writing the important things. Auditory learners need to hear it and even reading it aloud to do best. Meanwhile tactile do better with hands on approach and do better with the physical when learning. For most people, they have one specific style of learning that helps them best. After taking the learning style assessment, it showed me how I learn best. I have learned  that I am an auditory learner. Being an auditory learner means I learn best by hearing and listening to whatever it is I need to know. One way that really helps me is to read something aloud several times and I usually remember it. I have to sit somewhere with very few distractions to be able to concentrate when I am learning something new or studying. If I hadn’t taken the learning style assessment, I would’ve never learned about being an auditory learner. One thing that is important is to always try new ways to study in a way that best suits your learning style. For instance, if I am trying to stay in a certain area of my home to do my studies but there are too many distractions; then I should find a place to study that is better suited to my learning style. For an auditory learner, I feel the best place to study would be somewhere quiet so I can concentrate but also so I can hear myself reading the work aloud. If I am unable to relocate to a quieter area, then I use ear plugs or headphones to drown out the distracting noises. I try to study in the same place, but I also know it is smarter to study somewhere I can learn the best. The world today has a lot of things that are very beneficial to auditory learners. When attending a class or studying new things, you can record yourself or the teacher and listen to the lesson repeatedly. As an auditory leaner, listening to the lesson will help me remember what I need to learn a lot easier. Another resource that is available, especially at CTU, is all the live classes are recorded and are available to listen to as many times as needed. The world today is all about technology, making it very easy to access audio files anywhere and at any time. Today’s high tech world makes learning very easy, no matter what type of learning style you are. After this assignment, I’ve learned a couple things about being an auditory learner that I didn’t previously know. I never knew that my constant talking to myself had anything to do with my learning style. It also explains why I always read everything to myself when I’m learning, which usually lead to being in trouble for talking in school. Another thing that really stood out to me that I didn’t know was that my learning style had influence over the mismatched color of my  clothes. I always thought it was me being weird or different. The three different learning styles are different from each other. Visual learners tend to be neater and do best when they sit in or near the front of the class. They also pay close attention to the teachers’ expressions and body language to help them understand the lesson. Tactile learners often find it hard to sit still and are often sidetracked by the need to be active. They do best when they take short frequent breaks while learner so they don’t overload themselves with too much at once. They are very hands on people; they express themselves through touching often. In a classroom setting, the learning styles are usually a good mixture of the three styles. The downfall usually is that one style usually annoys the other two and vice versa. Teachers should give the learning style assessment towards the beginning of the classes and try to seat people in the same general area as others with the same earning style to create a more cohesive classroom. Reference: What’s your learning style? http://www. educationplanner. org/students/self-assessments/learning-styles-quiz. shtml? event=resultsA=9V=5T=6