Often times when in conversation with friends, peers, and even strangers there is one question that seems to always come up; “What is your favorite restaurant?” People are curious in seeing what type of restaurant you like because when revealing that information it tells more about you than you think. When telling somebody where you enjoy eating it gives them a sense of how much you’re willing to spend for a good meal, what side of town you like to go to and even gives them a slight glance at your personality. When asked that question I undoubtingly respond the same way every time; The Cheesecake Factory! Let’s explore the strengths and weaknesses of this Restaurant and determine some things that would possibly increase the overall brand. …show more content…
There are so many different restaurants serving so many different types of food. There are Chinese restaurants, Japanese restaurants, Classic American restaurants, Italian restaurants, it makes it difficult to decide what to eat at dinner time. What gives a restaurant the upper hand over its competition?
The Cheesecake factory has some key strengths that keeps it running at a high level. The Cheesecake Factory has a low employee turnover rate. That means that once they hire somebody the person usually keeps the job for a long time. Of course you have situations and instances where some employees have to be let go for whatever reason, but when you check your numbers as to how many had to go verses how many are still working in good standings, you have to tip your hat to your employment staff. Another strength of the Cheesecake Factory is that they have such a large variety of dishes and desserts. Variety is key when in the restaurant business because many times there are so many other restaurant that are serving the same style, if not the same exact dishes as you. The Cheesecake factory have hundreds of different cheesecakes to choose from. You will not find another restaurant with that much variety in their desserts. Their main courses and appetizers follow suit with amazingly large selection. One more advantage of the Cheesecake Factory is its ability to appeal to various kinds of people; in other words, location location location!!! The
It’s hard to believe there are five problems with In-N-Out Burger because of how successful the company is and how delicious the burgers are. Well at least that what I heard, one of my friends that moved to California confessed to me that the reason he moved was because he loved In-N-Out Burger’s. But as I began to read I found more than five devastating problems that the Snyder family encountered as pioneers of the fast food business.
It is a centralized system, where decisions and recommendations come from the top down. However it is also flexible giving any employee the freedom to reach out to an upper level director. This succession of power lets Cheesecake Factory operate smoothly and competently. Each location manager has to go through extensive training to be able to be in that position and is well qualified to look over the whole restaurant. Given the success of Cheesecake factory, I would say they should keep their hierarchal structure the same and if anything they should add higher monitoring of lower levels. The upper levels seem to operate efficiently, but upon reading employee reviews of working at Cheesecake factory, there were several that were unhappy with their general managers. Many of them claimed that the management was unapproachable, and did not pay attention to the hard work of the employees. It was also said that the managers tend to be overbearing and lack communication skills with employees. Another overarching theme was the inconsistent breaks because they are up to the discretion of the manager. My recommendation would be to invest more in the employees and the directors that are above the general managers to make sure that the employees are satisfied. Promote company values more and participative leadership and more incentive for employees to go above and beyond and focus on team building as opposed to individual competition. In one of the reports they even said themselves that the success of the business is due to happy employees. “Our future growth and financial success will be highly dependent on our ability to attract, develop and retain qualified staff members who are capable of successfully managing upscale, high-volume casual dining restaurants, and consistently executing our extensive and complex
3-17. How many times has the company been sold? When and by whom to whom?
Throughout all of human history, mankind has searched for the ultimate food. To our enjoyment, in 1950, the world was given the answer: Whataburger. Whataburger has taken the hearts of Americans by storm by by serving classic southern style burgers, fries, and shakes. Despite it’s humble beginnings in Corpus Christi, the franchise now boasts over 750 locations and has even secured the 2016 title of “Best Burger in America”. In an effort to understand why this small burger chain became so successful evaluating this legendary business in three different aspects: price, quality, and customer service.
Moreover, some key activities are shown regarding to time in the period from the beginning of 2011 until the end of this year.
Essay Question: In what ways does this movie demonstrate the “Iron Triangle” and its powerful influence in the manner that our government functions?
operates 25 years’ history. Compared to Chuck E Cheese, Inc. and California Pizza Kitchen, Inc.,
People love to drink coffee. Coffee shops, independently owned or chains are every corner. Statistics show that people are taking more coffee every day. It is a very profitable business.
(Assume that the amount of debt issued to reach the target debt-to-capital ratio is going to be maintained forever. Use the tax rates assumed in the attached Excel file).
Singapore has become a very competitive market for the fine dining restaurant segment. How do restaurants compete in attracting affluent customer?
Great food, high-traffic location, and super decor -- all are important to the restaurant business. If you take a close look at what
A central aspect of the dynamic problem facing a business in an evolving and competitive industry is the decision about additions to productive capacity. The purpose of this report is to provide strategic advice for the CEO of Bonkers Chocolate Factory (BCF), the U.S division of a multi-national candy company operating in the highly competitive chocolate products market.
The three restaurants are succeeding in their value propositioning. What set Burger King apart from their competition is that they
Krispy Kreme Doughnuts was a successful privately owned business since 1937. In 1982 a group of franchises bought back the company from Beatrice Foods for $24 million, and reintroduced the old recipe of doughnuts and their “hot doughnuts now” system. In 1998 Scott Livengood became Krispy Kreme’s new
A central aspect of the dynamic problem facing a business in an evolving and competitive industry is the decision about additions to productive capacity. The purpose of this report is to provide strategic advice for the CEO of Bonkers Chocolate Factory (BCF), the U.S division of a multi-national candy company operating in the highly competitive chocolate products market.