Term Paper On Management Control System Topic: Recent Balance Scorecard Theory & Practices Of Bangladeshi Company SUBMITTED TO: Md. ABUL KASHEM Associate professor SUBMITTED BY: RIFFAT ARA RAFIQ; ID: 61018-11-061 SESSION: Fall’ 2011 DATE OF SUBMISSION: 26th DECEMBER ’2011 DEPARTMENT OF MANAGEMENT INFORMATION SYSTEM Acknowledgement I express my gratefulness to Almighty Allah for his kindness‚ which enabled
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Introduction The restaurant is a speciality fish lover’s paradise keeping in mind about the people obsessed about various fish oriented dishes in Kolkata. This is the first time any restaurant is taking an initiative to open a restaurant‚ which will only deal with different items of fish for this fish-loving city. There will be many other side dishes‚ which will enhance the flavour of the cuisine. The restaurant will cater to 30 covers‚ which have a market of corporate‚ family‚ and college clientele
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The Business Plan for Executive Summary Manly’s restaurant sector seems to lack a restaurant that will provide consumers with an authentic Brazilian dining experience. Currently‚ most restaurants in the area meet the expected industry standards but lacks in the supply of high quality food‚ beverage and service originated from South America. La Barata will target that gap and launch a Brazilian cultural experience in the Manly area specialising in dining‚ cooking classes and entertainment
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06/2013 Chapter 1 Rooftop Restaurant and Lounge will enter into a market with perfect competition. With perfect competition Rooftop Restaurant and Lounge will have an infinite number of consumers with the willingness and ability to buy our products at a certain price. It would also have an infinite amount of producers with the willingness and ability to supply the products at a certain price. Rooftop Restaurant and Lounge is a new fine dining restaurant and lounge located on LaGrange Road
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TASK AS PRESENTED To come up with a brand new restaurant in Bangalore and prepare a business plan covering all aspects pertaining to marketing‚ human resource and finance. Company profile NAME - Téssera ADDRESS - #93‚ 80 ft road‚ 12th main junction‚ Indiranagar ‚ Bangalore TELEPHONE NUMBER - 080 49494444 EMAIL ID - reservations@tessera.in ; feedback@tessera.in CONTACT PERSON - Rohan Shenoy :988457689 REGISTRATIONS Trade license(BBMP - municipal corporation) Health certification(BBMP - health
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Overview: Restaurant business in Bangladesh is a long history‚ but this sector is currently growing due to the rising market demand and growth. Many new restaurants are launched both at urban area and country side of Bangladesh at present‚ and doing the food business has become a recent trend among the entrepreneurs. Through this case study‚ entrepreneur’s aspirations for doing the restaurant business in Bangladesh have been identified. At the same time‚ how it managed (operations)‚ future of it
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Balance scorecard Definition Balance scorecard also known as BSC. BSC was developed by Robert Kaplan and Norton in the early 1990s. Balance scorecard comes from two words namely balance and scorecards. Balance mean a balance between financial and non-financial performance‚ short-term performance and long-term performance‚ the performance of which is internal and external. When the scorecard also mean that the card is used to measure one’s performance score. At first scorecard used to measure performance
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1. Key Performance Indicators for Restaurants‚ Cafes‚ Catering‚ Clubs & Hotels http://www.profitablehospitality.com/public/88.cfm 1) Financial perspective * Reduce food loss 2) Internal business perspective * Follow preparation * Follow schedule * Teamwork * Job performance 3) Customer perspective * Challenge 4) Learning and growth perspective * HR development * Self- improvement * Employee’s performance was evaluated through observations
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departments The balanced scorecard measure more than just the financial performance of the company Critical factors that meeting the goals: 1. Customer satisfaction: market share and repeat business 2. Operational efficiency: the number of produced per hour and the number of warranty claims received. 3. Employee excellence: employee training hours‚ employee satisfaction surveys 4. Financial Profitability: revenue growth rate and earnings per share. The balanced scorecard provide holistic approach
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being truly a trans-national epitome and embraces every culture with due dignity and respect‚ it is just apt for us to theme our restaurant menu into a “Food Fusion”. Fusion food is a combination of various forms of cookery and comes in several forms. Regional fusion combines different cuisines of a region or sub-region into a single eating experience. Asian fusion restaurants‚ which combine the various cuisines of different Asian countries‚ have become popular in many parts of the United States and
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