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Tom and Eddie's, is an upscale hamburger restaurant in the Chicago area. Started in 2009 at the height of the recession, the partners had difficulty securing bank financing, so they financed the operation themselves with the help of a third partner. The partners had long and successful careers as executives with McDonald's and, recognizing the importance of the financial function, they hired another former McDonald's executive as CFO. Tom and Eddie's had 3 restaurants and wanted to expand to 10 stores and then franchise the operation. There are many considerations in planning and opening new restaurants, including the demographics of the area, the square footage of the surrounding commercial space, ease of access and even the design of furniture and equipment. The restaurants incur "known" costs, such as rent, payroll, taxes, utilities and other recurring costs, and cash flow is important in managing these costs because of the significant "unknown factor," which is sales. Tom and Eddie's also use a very technology-intensive inventory management and control system because of the perishable nature of the ingredients used by the restaurants.
You need to install a door chime. What type of circuit will you install to supply power to the transformer that feeds the doorchime?
Identify the manufacturer and style type. What is the purpose of these rules? Suggest one other way to accomplish the same objective.
a. What is the depreciation amount each year? b. What is the net cash flow associated with the venture at year 1? c. What is the amount of tax payment at year 8?
Using your personal experience and the information gained from your reading, discuss the goal and importance of studying human relations in management.
Conducting research projects while ensuring the protection of human subjects is necessary. What are some methods to protect personal rights of someone in one of the groups that is labeled as vulnerable? Justify your rationale.
Select a sales organization within your community and schedule an interview with their marketing manager (the interview can be done by phone or in person)
Please List and briefly describe the steps to conducting an investigation of misconduct. Then describe the three possible conclusions that can be drawn upon completing such an investigation.
How Supply Chain management has helped the company to improve efficiency and effectiveness citations and references must be giving to all content sources
DVDs and DVD players were introduced to the public just 20 years ago; describe what stage of the product life cycle DVDs are currently in and why you feel this to be true, incorporating some of the changes in the way people watch movies.
When it comes to learning and growth of the employees of any company, it is hard for a measurement to be taken
Define the term "good" for the purpose of this situation. Discuss why the business decision is good or not good for business.
Data for a new product that is very labor intensive introduced by Hicks Brothers in the operation in Hendersonville, TN is given below. The average labor cost including overhead expenses is about $20 per hour.
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