The features of effective team performance is set up through positive leadership‚ this is something which is developed and nurtured. An effective team will work together‚ be focused and all the time supporting each other along the way to achieve and reach goals. For a team to be effective‚ each team member needs to be clear on their roles and responsibilities relating to their job. Team performance will be more effective if there is respect for the leader/manager and an understanding towards their
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Gonçalves Arantes Pedro Miguel Moreira Patrício Ricardo Araújo Burmester Tiago Gil Soares da Rocha INTRODUCTION – BENIHANA CONCEPT Benihana is a Japanese restaurant chain‚ where the food is prepared at the client table‚ by native chefs‚ in an environment decorated according
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1. What is the Benihana concept? The Beninhana of Tokyo‚ basically a Japanese Steak House has a very unique concept in terms of the idea of watching the food being cooked live on the table in front of eyes. Benihana featured traditional Japanese cuisine experience in the urban U.S metropolis. It was the first introducer of Hibachi Cooking style in USA‚ celebrating the cooking of food so alive and entertaining. This experience comes with Teppanyaki tables which accommodated eight people and live
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1. What is Benihana’s value proposition to its customers? Benihana strives to be unique and promises to be a fun place to eat for all. Benihana’s primary value proposition to its customers is providing high quality of quick service and authentic exotic food at reasonable price. Unlike a traditional restaurant where you place the order and food is served to you‚ at Benihana you get to watch the food being cooked and also get entertained in the process. Each chef has a different style and personality
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IMPACT OF DIVIDEND POLICY ON COMPANIES’ PERFORMANCE: EVIDENCE FROM PUBLIC LISTED COMPANIES IN MALAYSIA 1.0 INTRODUCTION Dividend policy is the regulations and guidelines that a company uses to decide to make dividend payments to shareholders. Dividends are payments made to stockholders from a firm’s earnings‚ whether those earnings were generated in the current period or in previous periods. When a company makes a profit‚ they must decide on what to do with those profits. They could continue to
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Intelligence Journal August Impact Assessment Of Corporate Culture On Employee Job Performance Olu Ojo Abstract This research study assesses empirically the impact of corporate culture on employee job performance as well as organisational productivity using Nigerian banking industry as the case study. We try to ascertain if organizational culture affects employee job performance‚ and to formulate recommendations regarding corporate culture and employee job performance. In order to achieve the
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BENIHANA Our suggestion to Benihana is to expand the target market and include a young generations as well as open new chain of family friendly restaurants. Gaining younger generations market could be accomplished by development of a mix of Japanese-Chinese quick cuisine restaurants/ food courts. Younger generation is very familiar with Chinese food‚ which is affordable‚ quick and tasty. Incorporating a Japanese twist to what is already widely accepted could be a refreshing idea and take a typical
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The Effects of Employee Satisfaction on Company Financial Performance “People are our most valuable asset.” “Our employees come first.” “We’re only as strong as our people.” These declarative statements have been a staple of the American workplace for decades. Yet judging by their routine growth strategies‚ countless senior management teams seem to be in denial of just how accurate those statements are. While most organizations typically emphasize generating new business and cutting costs‚ a rapidly
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Definition of ’Financial Performance’ A subjective measure of how well a firm can use assets from its primary mode of business and generate revenues. This term is also used as a general measure of a firm’s overall financial health over a given period of time‚ and can be used to compare similar firms across the same industry or to compare industries or sectors in aggregation the financial performance of companies means these companies with effective budgetary control and distribute the amount
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Assignment Questions Q.01 Considerable success has been achieved by firms practicing TQM. Try to assess what TQM Means for Benihana of Tokyo business model and what are the expected benefits of TQM implementation at it? TQM places quality responsibility on all members of the organization; this is opposed to the earlier models of ‘quality control’ where such responsibility was effectively confined to one particular organizational sector. So considering this‚ for Benihana restaurant it is not only
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