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Individual Business Report - Assignment Example
Pages 6 (1506 words)
The report is grounded on demonstrating an engaging restaurant business simulation strategy outline which depicts how to setup a performance-based system and implement prepositions that successfully co-function with other mechanisms in the café business for success. The report…
The proposed concepts facilitate identification and complete exploitation of opportunities emerging in the new competitive environment. The possibilities result primarily due to the volatility created by existing constant change of customer needs. Specifically, the uncertainty of market change intensifies rivalry conditions. The conditions simultaneously produce a significant product and service motivated growth opportunities. The project report effectively demonstrates how to adapt and exploit existing opportunities by the business in a simulation of three years of inception.
The business is a restaurant providing healthy, contemporary and traditional diets (CULTURE FOODS RESTAURANT). The restaurant café industry is considered as a growing, and there exists numerous opportunities to explore and establish a strong customer base now more than ever. With increased consumer’s awareness of the significance of healthy eating habits and maintaining a healthy life style, the industry now experiences an unmatchable level of selective demand. The boom creates a perfect opportunity for my business to expand its reach and join other well-established restaurants and cafés on the competitive platform. The market is influenced by changes in the local and global economy, emerging health issues and fluctuations in prices of food related complimentary products. The report will demonstrate the significance of the business reacting to impacting factors, and it also constitute a financial plan to facilitate implementation of the proposed project concepts.
Produce and serve healthy diets at consumer friendly prices: To enhance on the lead in restaurant service industry. By appreciating our consumers’ passion for health eating and health awareness in terms of dietetics. The business will further hospitable servicing and foster a leadership position in delivering ...
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