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You and your partners have decided to open a large, full service restaurant in your local community; it will be open from 7 a.m. to 10 p.m. to serve breakfast, lunch, and dinner. Each of you is investing $50,000 in the venture, and together you have secured a bank loan for $300,000 to begin operations. You and your partners have little experience in managing a restaurant beyond serving meals or eating in restaurants, and you now face the task of deciding how you will manage the restaurant and what your respective roles will be.
Decide what each partner's managerial role in the restaurant will be. For example, who will be responsible for the necessary departments and specific activities?
Describe your managerial hierarchy.
A car rental company is located three miles from the airport. A shuttle bus runs every two minutes on average doing a round trip between the airport and the rental company. The average round trip time is 20 minutes. So the average time for a customer..
What instructions would you give employees as a general rule for defective merchandise?
Healthy Plants Ltd. (HP) produces its premium plant food in 50-pound bags. Demand for the product is 10,000 pounds per week. HP operates fifty weeks per year and can produce 26,000 pounds per week. Calculate the economic production quantity in pounds..
Prepare a simple balance sheet and calculate the net worth for the Dixons. What are the three steps to deal with "negative baggage"?
Research the American case of Sherwood v. Walker. This 19th century case involving the sale of a cow is one of the most famous contracts cases in American law. Give an outline of the facts in the case. What were the main legal issues involved?
change is considered by many as the new normal. effective change management must be part of an organizations dna. an
Illustrates what kind of engineering saving is regal achieving by using CAD technology rather than traditional drafting techniques.
Family Games, Inc., is a publicly owned company with annual sales of $50 million from a variety of wholesome electronic games that are designed for use by the entire family. However, during the past two years, the company reported a net loss due to c..
How does proper recruitment and selection assist with implementation of community policing by local agencies?
How new technology such as the Internet, software, etc. has changed Management Control Systems (MCS) in organizations.
Why do executives and managers spend more time listening listening then do workers? Why are sterotypes harmful or harmless in the workplace?
Assume you are a representative from a telecommunications company. Your company wants to add a cell tower to a particular region where customers often complain about disrupted cell phone service. Humanitarianism - Personally committing to life giving..
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