Preview

Current Events In Business Research Paper

Satisfactory Essays
Open Document
Open Document
328 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Current Events In Business Research Paper
Current Events in Business Research
Jeffrey Haar
RES/351
November 19th, 2012
Tracy Sipma

Current Events in Business Research

Restaurant businesses’ can be profitable, but consist of ever-changing ideas, new products, consumer wishes, wonderful staffing, and choice locations to be successful. The restaurant business can be a tough one with many failing everyday without a solid business and marketing plan. We will discuss what to look for when choosing a location, choices of cuisine, and choosing your clientele to fit your location profile.
According to the National Restaurant Association, restaurant sales in 2009 were estimated to exceed $566 billion dollars and are estimated to be 4% of the Gross Domestic Product of the
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Current Event Analysis Paper
    • 675 Words
    • 3 Pages

    Current Event Analysis Paper

    “I certify that this is my own work and if this statement is untrue, I acknowledge that I will have committed an academic offense.”…

    • 675 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Summary: Current Events In Business Research
    • 731 Words
    • 3 Pages

    Summary: Current Events In Business Research

    In phase II, three different safety devices (Becton Dickinson 's resheathable winged steel needle; Bio-Plexus 's bluntable vacuum-tube blood-collection needle; and Concord Portex 's vacuum-tube blood-collection needle with a hinged recapping sheath) were introduced to replace conventional phlebotomy devices for the next 12 months. When the survey was repeated near the end of this 12-month phase, needle stick injuries were significantly reduced with all three products. A total of 41 needle sticks were reported by the 1,421 respondents-a substantial decrease from pre-change findings. Of these injuries, 25 occurred prior to activation of the device 's safety feature after removal from the vein, and six occurred during activation. Thus, the only multi-center study to examine the effect of safety devices on the rate of needle stick injuries found a significant…

    • 731 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Current Event Paper
    • 493 Words
    • 2 Pages

    Current Event Paper

    I have always wanted to be the CEO of a large company. A chief executive officer is the highest ranked officer of the business. The only person he or she has to report to is the board of directors. The CEO has to be a great communicator and has to be an awesome people person. Everything he or she does is on the higher level of the business world. After reading this article, my mind has been changed a little because of what people think about the CEO of a company.…

    • 493 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Current Events Article
    • 337 Words
    • 2 Pages

    Current Events Article

    The Article: Plants 'Thrive' Next To Friendly Neighbors And Trees 'Gasp' For Water? Interesting! By “DOGO News” is about plants being able to talk to each other and grow next to each other because they want to. If you have ever noticed that certain plants seem to thrive next to each other, it may not be random, but because they want to be next to each other. At least that's what Monica Gagliano, thinks. She thinks that plants use some kind of sound indicating to talk with each other and depending on if it is good or bad it may allow the weaker plant to live or die. What's even more remarkable is that the scientist believes the talking can happen at the germination stage. She showed with some chili pepper, basil and fennel plants. She began by planting the chili seeds in isolated dishes next to fennel plants. Not many germinated. Then she conducted the same experiment next to some basil plants. Sure enough, the chili peppers not only germinated rapidly, but also, thrived. , Monica thinks that provided with this data, farmers may be able to use sound to encourage or discourage the growth of certain plants, helping to reduce their dependence on fertilizers and pesticides.…

    • 337 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Current Events in Business Research
    • 341 Words
    • 2 Pages

    Current Events in Business Research

    The importance of business research in today 's growing economy is essential in predicting the performance of a business. Analyzing what a company’s weaknesses and strengths are can help in understanding why business research is necessary. It also focuses on problems and issues and solves these issues. The experience I have acquired in trying to establish a start-up company needs extensive research and hard work. In starting any business and wanting it to be successful research of the business, should be made. Knowing exactly what a new business entails and being prepared facilitates decisions that will determine the productivity. The research a new business acquires is first understanding and reading into a situation. Studying an industry and interpreting strategies and patterns allows for a better outlook on business decisions and changes. According to Cooper and Schindler (2011), business planning requires decision making, planning, acquiring, analyzing, and disseminating relevant data, and information in order to maximize the performance of a business. For my start-up business, my partner and I determined there was an open market and decided to create a service that we could offer. The market research we performed also captured the strategies that competitors currently have that we can capitalize on by what they do not offer and create a higher return to our productivity and services. The importance of business research in today’s economy is decisive because it allows for managers to make decisions that impact businesses and provide information that will bring higher returns and productivity. Organizations methods for business research also include using the scientific method. This analysis allows for reporting, descriptive, explanatory, and predictive studies. (Cooper & Schindler, 2011).…

    • 341 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Current Events in Business Research
    • 415 Words
    • 2 Pages

    Current Events in Business Research

    People make decisions every day in the work place, but what they may not realize is that whether they admit to it or not, or they may not even do it without knowing, the steps in the research process must and should be followed in order to come to a decision. Thinking back to even the simplest issues in the laboratory where I worked, we used the same process to solve a problem.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Current Events in Business Research
    • 427 Words
    • 2 Pages

    Current Events in Business Research

    In order to understand what business research is, it is important that it be defined. Business Research is “a systematic inquiry that provides information to guide managerial decisions. More specifically, it is a process of planning, acquiring, analyzing, and disseminating relevant data, information, and insights to decision makers in ways that mobilize the organization to take appropriate actions that, in turn, maximize performance.” (Cooper & Schindler, 2011).…

    • 427 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Current Events in Business Research
    • 427 Words
    • 2 Pages

    Current Events in Business Research

    T-Mobile, US has worked hard over the past year to overcome a negative stereotype. Over the years we have collected information from our JD Powers and Associates findings as well as internal focus groups to determine that things needed to change. In October 2012, John Legere was hired as the new CEO of this struggling company. He took this step to the next level. He physically has gone into our stores and the competitions stores to talk to the sales agents and the customers. Primarily he talked to customers to discover what was the “poke” in the eye for customers and how could he change this. He was able to gather together some not so surprising information, information he already knew but he then had the backup data to make the changes he needed.…

    • 427 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Chipotle Mexican Grill Inc Food With Integrity
    • 826 Words
    • 4 Pages

    Chipotle Mexican Grill Inc Food With Integrity

    The total U.S restaurant sales in 2012 raised up double to $631.8 billion compared to ones in 2000. Also 12.9 million people are employed in 970,000 restaurant locations. The U.S restaurant industry played the customers' hearts by three segments: full service, quick service and fast casual. The three major key players in this industry are Chipotle, Taco Bell and Qdoba.…

    • 826 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Demand for Restaurants and Determinant Factors
    • 1559 Words
    • 7 Pages

    Demand for Restaurants and Determinant Factors

    The restaurant business looks at satisfaction among customers that want to eat food from a very diverse cuisines existing nowadays. A group of factors that will be discussed later on will examine how important these factors are in the business’s demand. Location for example, is very important when the decision of opening a restaurant have come up. Places like a downtown area would be an area of relative importance because of the traffic of customers up and down the streets of a certain city. (http://www.uwex.edu/ces/CCED/downtowns/ltb/lets/0602ltb.html)…

    • 1559 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Marketing a Restaurant
    • 2136 Words
    • 9 Pages

    Marketing a Restaurant

    Falling behind to the restaurant across the street? Are you losing business and watching repeat customers slowly start not returning? A restaurants ability to change with the marketplace and its target markets is essential for success, especially in our economy at this time where disposal income is much lower. New ideas, new strategies and monitoring of your competition/ environment is necessary to see your establishment booked full again. Properly assessing your markets and finding new potential customers is what all restaurants need. This White Paper will explain the various steps in which a Restaurant owner/ manager would need to take to properly asses their competitive standing and how to reach their appropriate Target market. Marketing of restaurants is a difficult task, but when researched properly, success will be walking through your front doors. What is most important is understanding and finding your target market. Though even more importantly, once targeted, you need to be able to cater to them. It is one thing to find your market; it’s another to be able to connect with them on a more personal level. By looking at demographics and competition in the surrounding area, restaurant owners will have an advantage on their market place. I will explain multiple external and internal marketing techniques that can be utilized and how to utilize them, including:       The Internet/ social media Restaurants website Event Marketing techniques Business marketing techniques Exposure marketing techniques As well as many useful in house marketing techniques…

    • 2136 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Good Essays

    Customer Satisfaction in Restaurants
    • 3320 Words
    • 14 Pages

    Customer Satisfaction in Restaurants

    In the year 2013, restaurant industry has undoubtedly not been free from either very stiff competition or from increasing and very highly demanding customers’ expectations on food quality and customers service. Thus, in this greatly competitive food industry, those businessmen who are capable of…

    • 3320 Words
    • 14 Pages
    Good Essays
    Read More
  • Powerful Essays

    Assignment # 1: Description of Venture. Bus 521
    • 876 Words
    • 4 Pages

    Assignment # 1: Description of Venture. Bus 521

    The market conditions have a significant impaction the profitability of a restaurant. The strength of the local market affects how many customers you will serve and the menu prices that you can charge. This guidebook will help you analyze your market so that you can gauge the potential of your existing or proposed operation and make more informed operating and investment decisions.…

    • 876 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    ACKNOWLEDGEMENT
    • 156 Words
    • 1 Page

    ACKNOWLEDGEMENT

    Firstly, We are really grateful because we managed to complete our Restaurant Bussiness Concept assignment within the time given by our lecturer Sir Muhd Hafizuddin Bin Zakaria .This assignment cannot be complete without the effort and co-operation from our group members mika,fuad,apis,ket and yana.…

    • 156 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    What Make a Good Restaurant?
    • 903 Words
    • 4 Pages

    What Make a Good Restaurant?

    “This is the worse restaurant I have ever been to! (…) ” exclaimed Lily, a friend of mine, as we walked out of the restaurant that night. We all, undoubtedly, have had a bad restaurant experience at least once in our lifetime. And if the judgment of the goodness or badness of a restaurant remains very subjective, we can still unanimously find similarities, common criteria between good restaurants. Thus, what makes a good restaurant? A good restaurant first of all , serves fresh and tasty food. Secondly, it offers an exceptional service and finally, it provides a pleasant and agreeable dining ambience.…

    • 903 Words
    • 4 Pages
    Good Essays
    Read More

Related Topics