BTEC HND IN BUSINESS (FINANCE) ASSIGNMENT COVER SHEET | NAME OF STUDENT | | REGISTRATION NO. | | UNIT TITLE | Business Environment (Unit 1) | ASSIGNMENT TITLE | Vietnam Association of Seafood Exporters and Producers (VASEP) | ASSIGNMENT NO | 2 of 2 | NAME OF ASSESSOR | Jubred A. Peñano | SUBMISSION DEADLINE | January 8‚ 2013 | ------------------------------------------------- ------------------------------------------------- I‚ __________________________
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Abstract The fish market is a 20 billion dollar industry and one company has played a major role. Neptune Gourmet Seafood is an 820 million dollar corporation that has just recently invested heavily in technology‚ allowing their trawlers to move further out to sea to fish and maintain the quality the company has been known for. In doing so‚ they have found themselves reaching a decision point. Even though they have been going further out to sea‚ they have been bringing back larger than normal
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establishments. Olive Garden specializes in serving Italian food and Red Lobster serves mainly seafood and fish. They actually own four other chains located throughout the United States‚ such as: The Capital Grille‚ Bahama Breeze‚ Longhorn Steakhouse‚ and Seasons 52 .To keep themselves successful the company needs to outsource work when the opportunity strikes to reduce their overall labor costs. Darden’s sources of seafood are from sustainable wild fisheries or aqua culture farms‚ harvested in ways that promote
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PHILLIPS FOODS‚ INC. — INTRODUCING KING CRAB TO THE TRADE On a hot Baltimore day in August 2006‚ Phillips Seafood Restaurants were full of tourists lunching on local seafood specialties. Among them‚ Cherry Stockworth‚ vice-president of marketing for Phillips Foods‚ Inc.‚ and Ron Birch‚ product manager for the new pasteurized king crab‚ were discussing the upcoming phase II of the launch of king crab (see Exhibit 1). In phase I‚ Birch had targeted foodservice buyers and had spent almost half of
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Class – or Mass? A. Executive Summary: Neptune Gourmet Seafood is currently struggling with what appears to be a temporary problem of excess inventory. A combination of new coastline regulations and an investment in new fishing vessel technology and freezer trawlers has increased their average catch size while demand in the current segment has not grown as quickly. The Neptune management team is faced with a decision of how to clear out its excess inventory that is not moving fast enough under
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serve markets in Asia‚ the U.S. andEurope ü Catches of higher value shellfish have stabilized at high levels ü Long term demand for capture seafood will remain strong as global productionhas peaked at the same time as populations are growing ü Canada has a reputation in major markets as a reliable supplier of high-quality‚high-value seafood from a pristine environment ü Demand in primary markets such as the U.S. and China is growing rapidly ü Individual quotas have made the harvesting
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Lobster originally was founded in 1968 and gained tremendous popularity back then by offering fresh seafood for everybody. They made it easily accessible and approachable. However‚ over several extremely successful decades of rapid growth and many new restaurants‚ Red Lobster in 2004 was becoming out of date and out of touch with today’s customer. The company with more than 40-year experience in seafood restaurants‚ with its new leading CEO Kim Lopdrup now has invested in extensive market research.
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headquarters of the company is located Florida‚ and it has branches in Japan‚ United Arab Emirates‚ and Canada. Red Lobster has approximately 698 branches. The company was formed in 1968‚ with the aim of providing a place where Americans will get some seafood. The company was successful in introducing fresh and new delicacies to their customers. These fresh dishes became popular‚ and this accelerated the growth of the company‚ and in 1980s‚ the company made its presence in Canada. However‚ its Canadian
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can use low price to travel from Kennedy Twon to Shau Kei Wan. On our driver site‚ there is Dried Seafood Street. Do you know why call Dried Seafood Street. Because the shops in here are famous for the dried seafood so it is also called Dried Seafood Street. You can find much expensive dried seafood in here‚ such as dried abalone‚ dried scallops‚ shark’s fins and dried fish stomach. Dried seafood is common ingredient in Chinese cooking during Chinese festival .Also; it is a good traditional tonic
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Red Lobster Red Lobster is a seafood style restaurant that was first opened in Lakeland‚ Florida in 1968‚ by a man named Bill Darden. His love for seafood helped to establish Red Lobster locations throughout the South East in the 70’s and later on through the entire United States and Canada. There are currently close to 700 locations across North America. Red Lobster has always been dedicated to offering customers fresh new seafood dishes and excellent quality service. Popcorn shrimp was actually
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