Successful restaurant Flashcards
1
Q
3 dimensions of a business analysis .
A
- Environment:
- Market:
- Company:
2
Q
3 steps to develop a concept.
A
- Environment: O () T ()
- Market: S () W () O () T ()
- Company: S () W ()
3
Q
3 perspectives of the environmental analysis.
A
4
Q
7 perspectives of the market analysis.
A
5
Q
SBF
A
Strategic Business Field - defines our customers for the business
6
Q
SBU
A
Strategic Business Unit .What type of feed we are going to sell to the customer
7
Q
strategic customer.
A
8
Q
Positioning the product
A
For existing companies and products:
- BCG Portfolio
- Positioning Cross
For new companies and products:
- GE-McKinsey Portfolio
- Positioning Cross
9
Q
BCG
A
for exicting
10
Q
McKinsey Portfolio
A
for new companies
11
Q
cross positioning.
A
12
Q
12 perspectives of the company analysis.
A
- Structure of a Culinary Organization
- Leadership & Personnel
- Interior (Front of the House)
- Production
- Research and Development
- Ability of Innovation
- Know-How Analysis
- Synergy Potentials
- Inventory, Storage, Purchasing and Logistics
- Financial Analysis
13
Q
Conclusion of an analysis with SWOT & TOWS Matrix.
A
- The TOWS Matrix is used as the preliminary to define a corporate vision, mission, corporate values and goal.
- Since all points and perspective of a problem are summarised in the TOWS Matrix, it can also be used as a useful tool to solve many problems within a company.
- Therefore, the TOWS Matrix can also be used for designing a menu as an effective tool. (Targeted Market segment, type of menu, style of service, etc.)
14
Q
Vision and Mission of a corporation.
A
- A vision is your final destiny of achievement
- The Mission is the mean to reach the vision
15
Q
Major stakeholders (2)
A