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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.
Your professor has a lot of credit card debt as well as other unsecured debts.
Describe the major components of an advanced planning and scheduling system. What are the major challenges in implementing such a system?
Describe at least three conflict management styles. Which conflict management style do you use most frequently? Why?
Identify and discuss five differences between service and manufacturing organizations.
How can international businesspeople avoid relying on the self-reference criterion when dealing with people from other cultures? Does it make a difference if the business activity is conducted in the home or the host country?
What aspects of learning and social learning theories apply to the implementation of the Rowe program and employee rewards? How do they apply?
What US Based Laws Exist to Protect Human Rights Violations?
What are some current challenges with the new and used car market today?
It is understandable why we have insurance to cover catastrophic losses. Not many of us have hundreds of thousands of dollars laying around.
The manager of a local firm says “the forecasting techniques are more trouble than they are worth. I don`t forecast at all, and I`m doing 25% more business than last year”. Comment.
A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. Either of two processes could be used for in-house production;
Michael and Johnny are sitting at a bar having a few beers. Is there any intellectual property violation? Discuss any other concepts you feel are relevant.
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