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After reviewing the Ruth’s Chris Steak House Case posted with this exam on the class website, please answer the following questions concerning how the Steak House should respond to the international business challenges facing it. 1. What analysis did Hannah do to make a first cut in the list of potential variables? That is how did he get from 200 to less than 35 potential new markets and which were they? Which variables did he use to make his selection and why? 2. What other, unused variables such as political, economic, financial, legal, ethical, and cultural factors might prove useful when assessing the attractiveness of the remaining less than 35 potential non-US international markets and why? 3. Given these variables what would be your choice for the top 5 country markets outside the US? Explain how you reached your conclusions? 4. Hannah focused on franchising as his entry choice. What other entry modes exist for an upscale restaurant chain involving an actual physical presence? What are the strengths and weaknesses associated with each of these from Hannah’s perspective? 5. How might foreign exchange and staffing issues affect Ruth Chris and the local franchisee respectively?
Assume that you are about to deposit $1,000 in a passbook savings account that pays an annual interest of 4 percent.
What cycle time would match capacity and demand if demand is 133 units a day, there are two shifts of 435 minutes each, and workers are given three half-hour breaks during each shift.
Draw also describes a flow control loop. Identify each item in loop also describe in detail illustrate what occurs at each step. Elucidate how this actually is a loop also not just looks like one
Critique the work breakdown structure (WBS) created by the private organization also recommend three or four alterations you would make to the WBS also why.
One business etiquette consultant believes that good telephone matters begin in childhood, children should be taught how to answer the phone courteously and take messages. Diane Eaves says, “I work with a lot of the teaching of the manners.” For inst..
Susan has a part-time "cottage industry" producing seasonal plywood yard ornaments for resale at local craft fairs and bazaars.
The plant's current production capacity is 3200 units. The cost of changing the level of production is $11 per unit. The cost of carrying inventory is $3 per unit per period. The initial inventory is 300 units and the ending inventory should be 5..
Based on a company like the Kroger Company, explain the corporate structure in terms of consolidation. How is it organized from a consolidated viewpoint? What are the reasons for this particular type of organization?
A manufacturing shop is designed to operate most efficiently at an output of 550 units per day. In the past month the plant produced 490 units. What was its capacity utilization rate last month?
What are the implications of managing quality at Delta. Has that quality lapse damaged Delta in the marketplace
The owner of a clothing store must decide how many men's shirts to order for the new season. For a particular type of shirt, she must order in quantities of 100 shirts. If she orders 100 shirts, her cost is $10 per shirt; if she orders 200 shirts, he..
Three main reasons that there are changes to a budget (and hence, changes to the overall budget) are: (1) errors the cost estimator made about how to achieve the tasks identified in the project plan; (2) an increased knowledge about the project's goa..
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