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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.
What will be your strategy, tone, format, and other considerations when responding to Mr. Stewart in a letter? What will be your strategy, tone, format and other considerations when responding to the company website's review by Mr. Stewart?
This question is extracted from Strategic Management of Technology. Please submit the answers within 24 hours.
Explain how government intervention can improve economic efficiency in public good market.
we ponder this animal called "POWER" in organizations, contemplate and discuss for a moment the statement. It's not what you know, it's who you know?
Describe the specific type of consumer that the Coca-Cola Company is targeting with each of the following products: Diet Coke, Coke Zero, Diet Coke Plus, Coca-Cola Blak, and Full Throttle Blue Demon.
Identify a recent example of a company that is attempting to "do well, while doing good."Note:You may use magazines, newspapers, journals, the library, and the Internet to gather your information.
Demand is estimated to be 110,000 units annually. What is the price if a markup of 40% on total cost is used to determine the price?
Select a news provider and use their search feature to locate a news story on one of the following suggested concepts, or on a topic of interest to you that is appropriate to this chapter.
A company's specific mix of individual employees combines to help produce an organization's culture and feel. In this assignment, you will evaluate how an unbalanced mix of employees can affect a company
Suppose that Third National Bank has reserves of $20,000 and check able deposits of $200,000. The reserve ratio is 10 percent. The bank sells $20,000
A company makes extremely fast data-collection products for research labs around the world using Hadron colliders.
BUS-390: What is the critical path for the project? How much slack / float is in your project? What activities have the greatest slack / float? Identify the top three activities that you believe could impact the project completion date.
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