As the family business commontly being operated, the business usually being given to
As the family business commontly being operated, the business usually being given to
At the moment, Castle’s Family Restaurant operates in the restaurant business in North California. The company considers options to enhance its marketing performance. In this regard, the introduction of the cost-efficient strategy opens wide opportunities for the company to reach its strategic goal and to enhance its marketing performance. The cost-efficiency implies the efficient use of available funds and finding options for saving costs without the negative impact of saved costs on the quality of products and services delivered by the company to its customers. In this regard, each employee and manager of the company should consider possibilities that can help the company to save costs and to increase the effectiveness of the…
On the other hand, those questioned are keen people to Jiro. At a time, we hoped to hear the customers eating’s discussed about the menu he served, but instead the greatness of Jiro was the main focus. Others that were questioned provides no single criticism on Jiro in one way or the other, they all gives credit to him. Although, Jiro still goes to his restaurant every day, his apprentice and his son are the ones doing most of the work. Jiro himself acknowledged that fact when he said” in reality, the sushi is ninety-five percent complete before the fish is brought to me” Therefore, Yoshikazu can be seen as the production man behind Jiro’s sushi. The remaining five percent, what Jiro does is taste the food and tell them to make little corrections if need. All the same, Jiro receives all credits. This conflict creates a sense of confusion for the audience because Jiro’s sushi is not appreciated based on the taste, it is more based on Jiro’s influence. Although, Jiro is very concern about his reputation, he still care greatly for the taste of his…
In 1983, Jimmy John Liautaud perfected his award-winning bread and opened up his first Jimmy John’s restaurant. Jimmy John did not have a lot of money to start out his company and he was even unable to pay for an ice machine in his restaurant. His goal to expand the restaurant was to go around sampling his sandwiches and letting customers know about his cheap prices and that he delivered. This is still something the company is prided on today. “What makes Jimmy John's different from the rest is that it's honest, it's damn good, it's damn fast, at a decent price!” (Jimmy John’s) Although there is not a reliable source I have been told about the story relating Jimmy John’s, Erbert & Gerbert’s, and Milio’s. Milio’s is not as big of a success as the other two but if you were to compare Jimmy John’s and Erbert and Gerbert’s menus, there are a lot of similarities. The reason is that they are all cousins of Jimmy John Liautaud. The rumor is that Jimmy John was trying to help out his cousins by opening up a franchise for them to run of his store and they took the recipes and opened up their own stores.…
The key business issues and challenges were then identified. It was found that most of the challenges of Go Sushi was related to franchisee issues including the taking on of franchisees that did not have adequate business skills, being to generous with franchisees by taking them on when they may not have sufficient capital. These issues led to the franchisor sacrificing royalties and assuming rent to prevent the loss of stores and keep the growth rate up. The other major issue identified is the lack of expansion into regional areas and in to a foreign market.…
a native treat of Japan into an international delicacy. To scope out on how sushi became an…
Blame the Person in the Mirror Imagine suffering from a totally preventable, yet ubiquitous disease called obesity, in which one struggles with the smallest things such as walking. As time passes, obesity has become more common which is essentially ruining today’s society. It has become more common because of the changes in lifestyles and eating habits. Knowing the right things to eat and exercising are important in keeping a healthy lifestyle and avoiding diseases such as obesity. Obesity is a controversial issue in deciding who is a fault.…
After 35 years of leadership in the company, Antonio was retired at 2007 and named his eldest son, Frank, as CEO over his other siblings including his sister Jennifer who was more suited for the job. Frank keeps struggles to carry out his father's directive: double revenues within five years while maintaining the humanistic and emphatically pro-employee company culture. What Frank was facing now was that even after two years he gets into position as CEO, until now, he did not have any credible strategies to fulfill his father’s promise or to attain aggressive growth as his father wanted. He could not abandon the special company culture that no debt philosophy principal they have or risk their reputation on their food quality service. Frank was left with the option of expanding their business by acquiring Great South West Dining (GSD) or to enter into the hospital segment and diversify their business and at least try and come close to meeting his promise to his father.…
So what do you do when you have only been open for less than a year and suddenly the owner is arrested? Competition for sushi customers in Tampa is very competitive. With the number of restaurants devoted to sushi as well as the number of restaurants that offer sushi in addition to their other menu, owners of sushi restaurants need to be on top of their game. In September 2013, Wesley Chiu decided to venture away from his parents' business and open up his own sushi restaurant, called KELP Sushi Joint.…
Lynn Kamiko 792 Huntingwalk Court Darlington Heights, BC V7D 1P2 (604) 555-1211 Jean Hillings Royal Bank 125 Main Street Vancouver, British Columbia V9F 3O8 Dear Ms. Hillings: Kamiko Fine Foods Inc. was formed in Vancouver, British Columbia as a start-up wholesaling company specializing in importing high-quality Japanese foods and repackaging them for sale in North America. The business was established to offer authentic Japanese food to specialty food retailers who are anxious to capitalize on the growing Asian population in the Vancouver area as well as to an ever-increasing market of urban professionals who enjoy eating more adventurous specialty ethnic foods. As president and sole owner of Kamiko Fine Foods Inc., I bring ten years experience working in my family’s business in Japan to the company. I have forged long-term business relationships with three major Japanese food exporters, all of whom guarantee Kamiko Fine Foods Inc. excellent prices. I financed our start-up period with $38,000 in personal savings. We ended our first year with $300,000 in gross sales. I am now seeking an operating line of $60,000 to finance our growth and expect to have revenues of $450,000 in our second year. Sincerely,…
As time passed Sushi became a really popular food choice in both China and Japan. So it eas possible to buy sushi as a snack during intermission at the various theaters, like a popcorn nowadays.…
Keiretsu describes large families of interrelated companies, that the Japanese industry is controlled by and that are centered on a major Japanese bank. Since they supply each other, it is hard for foreign companies to penetrate the domestic market. Besides, there is a system of cross-ownership of shares which prevents other hostile firms taking over keiretsu member’s companies.…
Comparing Japanese governance systems with those of the other major economies it is evident that although profit is important, the long-term preservation and prosperity of the family should be the basic the aim of all concerned and not profit…
Our suggestion to Benihana is to expand the target market and include a young generations as well as open new chain of family friendly restaurants. Gaining younger generations market could be accomplished by development of a mix of Japanese-Chinese quick cuisine restaurants/ food courts. Younger generation is very familiar with Chinese food, which is affordable, quick and tasty. Incorporating a Japanese twist to what is already widely accepted could be a refreshing idea and take a typical Chinese cuisine to another level. Merging both cultures’ cuisine together would help in gaining new customers, as the concept, the food would not be totally foreign and unfamiliar. Offering a delicious food that is quick, and affordable would be very appealing to the younger generation that is financially cautious and always on the run. Expanding the market and developing a family friendly chain would be another suggestion to grow and expand market share. It is a very “American” thing to dine with the family. As this type of restaurants is always in demand, going after this market could be another great Benihana success story.…
This paper explores the strategy and decisions that had to be made when a man named Toshifumi Suzuki, decided to try to bring the Seven Eleven convenience store concept to Japan, having to convince possible shareholders of the franchise in Japan (in this case the father of Tochifumi Suzuki) to take part in the endeavour.…
Wong Chow House started as a noodle restaurant. Its specialty is “Beef Mami”. After studying restaurant management, the managing director of Wong Chow House decided to expand the business into a chain of restaurants. After attending a seminar, an executive development at the Narte Management and Research Centre M.T Wong also succeeded to establish a flight kitchen that serves practically all airlines which call at Manila under long term catering contracts. The late Mr. C. Buyas was the supervisor of the Flight Kitchen until his unexpected death. Mr. Wong’s visitor turned out to be Henry Victory. Who had worked for quite some time in the flight kitchen under Mr. C. Buyas? Henry Victory’s work had always been very satisfactory. The open face sandwiches which prepared and his roast beef with candied sweet potato were highly praised by airline passengers. Henry could do more work in less time than his companions and always offered to help the others as soon as he had finished his own assignment. However, although his performance evaluation reports were always commendatory, Henry seemed not to have gotten along very well with the late Mr. C. Buyas, it is because he was always criticizing the methods and suggesting his own ways were better. Henry said to Mr. Wong that he wanted a promotion because Henry knew that no one in Wong Chow has a track record better than him.…