Thursday, January 30, 2020

International Corporation Essay Example for Free

International Corporation Essay Hard Rock Cafe International founded in 1971, as one of the worldwide entertainment and dining brands, internationally- highly praised music. It has a network of 122 signature Hard Rock Cafes in 41 countries and owns the worlds greatest collection of music memorabilia. Founded by two Americans, Isaac Tigrett and Peter Morton, they are enterprising and music loving. Peter brought a real understanding of the restaurant business, and Isaac brought many creative attributes and together they made the Hard Rock Cafe (â€Å"The Hard Rock Cafe Story†, 2005). Hard Rock Cafe was an instant classic, entertain and attracting customers with its first-rate, but fairly priced casual American charge, warm service and ever-present rock n roll music and sensibility. They offer quality, classic American food in their unique, high-energy, music memorabilia-packed atmosphere. Hard Rock Cafe has finally become the worlds leading collector and exhibitors of rock n roll memorabilia (â€Å"The Hard Rock Cafe Story†, 2005). Known for its collectible and fashion merchandise, live concerts, Hard Rock Live performance venues, www. hardrock. com and Hard Rock Hotels and Casinos, Hard Rock Cafe International, Inc. is a totally owned subsidiary of London-based The Rank Group Plc. Hard Rock Cafe International provides visitors around the world with a unique experience that combines food and merchandise with the largest collection of rock memorabilia on the world. Hard Rock Cafe has become a global phenomenon. (Adelstein, 1999) People should keep their eye out as Hard Rock Cafe continues to take music into the next millennium, because at Hard Rock, music is truly the universal language. In latest years, Hard Rock has expanded its cafe limitations by reinforcing its music connection through music-related products and programs such as collectible and fashionable Hard Rock Cafe merchandise, the Hard Rock Records music label, www. hardrock. com, Hard Rock Hotels and Casinos, and Hard Rock Live music venues. Not only they can rock hard, they know how to throw a party. Opening celebrations for each new Hard Rock Cafe all around the world are started by live musical performances (â€Å"About Hard Rock cafe†, 2005). Hard Rock Cafe has been governed by a guiding service with law talent and honest philosophy, Love All Serve All. Means a place where all have always been welcome, in spite of age, sex or class. Hard Rock Cafe remains amazingly faithful to its original intentions. Its rock n roll sensibility a Hard Rock Cafe legacy- remains at the very center of all Hard Rock restaurants and every development hard work undertaken by Hard Rock Cafe. Classic American food, served up by a skilled, caring and helpful wait staff, is still the order of the day at Hard Rock Cafe. And a their commitment to widespread humanitarian causes under the banner Save the Planet- has helped make Hard Rock a legitimate cultural force, from coast to coast, continent to continent (â€Å"The Hard Rock Cafe Story†, 2005). Nowadays, Hard Rock Cafe International, with Hard Rock Cafe at its center, is an entertainment and leisure company that continues to successfully expand the Hard Rock Brand through limitless music-related ventures. Hard Rock Cafe is innovating on a system wide modernization program for the 21st century and adding a new day part, a nightclub with live music. Hard Rock is best known not for its food but for its atmosphere. The cafes ask for donations of music memorabilia and have the worlds largest collection of such. Time after time, their guests have told them that they are looking for an opportunity to make a personal, physical and sometimes even spiritual connection to the music and artists of their time. Then Hard Rock Cafe offer a entertaining, unique and educational look at the evolution of music, that can effects on world events and the emotional appeal and timeless energy as told through priceless memorabilia, interactive displays, educated guides and self-guided tours (â€Å"Hard Rock Cafe Announces Plans†, 2002). For Hard Rock Cafe the biggest challenge facing reputable restaurant chains like theirs is losing their customer. In addition, there have been many new competitors, paying attention by a low cost of livelihood and rising people, offering a comparable dining experience. Moreover, employee turnover has continued to increase. Fighting this situation, Hard Rock Cafe wanted to take improvement of their well-built brand image, combined with excellent customer service and constantly high food quality and to attract more customers from the close region (â€Å"Hard Rock Cafe sets new dining trends†, 2004). At Hard Rock Restaurant, to serves their customer they do not applied manual POS (Point of Sales) systems. The reason why The Hard Rock restaurant is do not make use of manual POS solution because it was based on manual processes, it was inefficient and costly to train new staff— and tracking lost revenue was nearly impossible. Before a new employee was ready to work on the restaurant floor, they have to follow the intensive classroom education for a week. From this activity expected, deliver the new wait-staff and cashiers that enable to memorize extensive information, from standard menu items and services options, to preparation alternatives, pricing details and corporate service policies (â€Å"Hard Rock Cafe sets new dining trends†, 2004). To be confident for the long term, The Hard Rock Cafe management needed to find a way to enhance customer service and reduce the amount of time that customers had to wait for their orders. Moreover, they had to decrease on training costs, as well as organization more-effective profits controls and a process for tracking customer preferences and sales trends to advance productivity. To face a great deal disturbance in the technology industry lately, the restaurant’s major concern in selecting a new POS resolution was dependability. Not just of the restaurant’s new systems, but also of the technology source delivering them. Then they use the new IBM technology-based solution (â€Å"Hard Rock Cafe sets new dining trends†, 2004). Hard Rock Cafe expects a full return on investment (ROI) for the new IBM technology-based solution. ROI expected can reduce the cashier headcount and staff training costs. Hard Rock Cafe wait-staff and cashiers can trust in rapid access to concurrent menu and pricing information to respond quickly to diners, by leveraging new functionality. Besides, human error during the order-entry process has been reduced to nearly nothing, resulting in better consistency, efficiency, and customer satisfaction (â€Å"Hard Rock Cafe sets new dining trends†, 2004). To constrain decision making about promotions, pricing and staffing, Hard Rock Cafe managers can track member of staff and customer activities, enabling the company to collect precious business data. By that method, they can rapidly identify popular items, advantage information to cross-sell extra menu items and track the preferences of common. The customers have seen the new technology and they often comment on the new modern system and Hard Rock Cafe innovative approach to reform the dining experience. This will affect customer faithfulness over the long term by enabling Hard Rock Cafe to leverage unforgettable, first-rate service and the strong brand image to attract a bigger base of both visitor and local customers (â€Å"Hard Rock Cafe sets new dining trends†, 2004). To build financial system work well, strategy for the Hard Rock Cafe are: ? They should fix the infrastructure and the existing corporate systems, ? They must invest in customer-facing programs ? They supposed to provide technologies that will drive traffic to Hard Rocks website (www. hardrock. com) and from there to the restaurants

Wednesday, January 22, 2020

Different Sources of Finance for Businesses Essay -- Papers Business F

Different Sources of Finance for Businesses Introduction This assignment will look at the different sources of finance that are available to a small business or a big company. With each source of finance listed the report will assess the implications that can arise and along with this the report will look at the cost to the business to taking a curtain source of finance. All businesses need short-term finance from the very beginning to start up the business and to cover day-to-day running costs. This provides the business with working capital. However businesses also need long-term capital to help them to grow and expand, and this is paid back over a number of years. Without finance a business would find it difficult to accomplish anything, for example someone who decided to start up a shop would need finance at first to just buy the shop and the stock. Even a window cleaner would need finance to buy equipment such as ladders and buckets. But this can be taken onto a larger scale, as all businesses need finance at some point. Different sources of finance The report will now list the different sources of finance available, starting with sources available to small and new businesses to sources only obtainable to big companies. External Sources of Finance This source of finance comes from outside the business and involves the business owing money to an outside individual(s) or companies. Personal Savings This mainly applies to sole traders, partnerships and small private companies. Owners may use some of their own money as capital to invest in the business. Usually this option is used by the person(s) who will... ...business plan * Details of how much finance is needed and how it will be used * The most recent trading figures of the company, a balance sheet, a cash flow forecast and a profit forecast * Details of the management team, with evidence of a wide range of management skills * Details of major shareholders * Details of the company's current banking arrangements and any other sources of finance * Any sales literature or publicity material that the company has issued. A high percentage of requests for venture capital are rejected on an initial screening. Thus only a small percentage of all requests survive both this screening and further investigation and result in actual investments. Recent successes in this area if financing include the internet search engine 'Google'.

Tuesday, January 14, 2020

Life Before the Internet and After the Internet Essay

Life was very different before the advent of the Internet. Communication methods were limited, stores were the only place to buy goods and services, and physical libraries were the only place to find information and research. The three biggest changes caused by the Internet are in communication, sales, and access to information. The Internet has changed the way people communicate. It allows for instant and reliable communication between people across the street or across the globe. In the past, the only ways to send documents were via fax and postal mail. Faxes were limited because messages could only include two-dimensional text and graphics. The postal mail faced these same issues, as well as the problem with the time it took to send a document through the mail. With the Internet, documents with text, graphics, audio files, video files, and interactive objects can now be transmitted quickly to anyone with a simple click of a button. This has changed the way business is done and has made it easier for companies to expand into new markets. On a smaller level, the Internet has allowed people to reconnect with old friends or make new ones. Chat rooms and social networks such as MySpace. com are becoming increasingly popular as people enjoy the sense of anonymity. The second way that the Internet has changed the world is in the buying and selling of goods and services. With the ability to purchase products online, the business world has changed drastically. Online stores are competing for business, while established brick-and-mortar stores have set up web-based stores as well. Customers can now purchase nearly everything they need from the comfort of their own homes. The Internet has also allowed for quick and easy comparisons of the prices and quality of products and services. The final and most important impact of the Internet is in the access of information. In the past, if you needed to find information on the history of Latin America, you had to go to your local library. Then, you were limited by which books and resources the library carried. With limited budgets, libraries cannot be expected to carry the best sources for every topic. Today, you can access information on any topic from the Internet through academic journals, online encyclopedias, book reviews, and more. In addition, you can find information on every television and radio program, historical events, current events, health issues, scientific discoveries, sporting events, and theories on everything from biomedicine to parenting. Finally, being able to access information online has led to colleges and universities offering degrees where it is not necessary for students to ever step into a classroom. Lectures, PowerPoint slides, notes, and required readings are available on the Internet. In conclusion, the Internet has significantly changed the world in the way people communicate, do business, and learn. The rapidity with which these changes took place suggests that more drastic and exciting changes are still to come. New and innovative uses for technology are developed every day, and the Internet is a major focus of these developments.

Monday, January 6, 2020

Different Treatment Methods For Generalized Anxiety Disorder

Critically Evaluate Three Different Treatment Methods for Generalised Anxiety Disorder Generalised Anxiety Disorder (GAD) is characterised by pervasive, uncontrollable, and excessive worry (Newman et al., 2011; Marcus, Westra, Angus, Kertes, 2011; Salzer, Winkelbach, Leweke, Leibing, and Leichsenring, 2011; Rynn et al., 2008; Mittee, 2005). It is also associated with somatic symptoms (Salzer et al., 2011; Rynn et al., 2008; Mittee, 2005), and avoidance of emotional processing (Newman et al., 2011). Prevalence is higher in women, particularly women aged 45 to 55 (Burton, Westen, Kowalski, 2015). The Australian Burro of Statistics reports a 5.9% lifetime prevalence for GAD (as cited in, Burton et al., 2015). It is there for important to evaluate different treatment methods that directly target problem areas associated with GAD. Treatment methods evaluated in this essay include; duloxetine; cognitive behavioural therapy (CBT), and acceptance-based behaviour therapy (ABBT). It will b e argued that CBT is the most effective short and long-term treatment for GAD. Ryann, Russell, and Raskin (2008) examined the effectiveness of Duloxetine â€Å"a selective serotonin (5-HT) and norephedrine (NE) reuptake inhibitor (SNRI) of both serotonin and norepinephrine systems† (p. 183). A total of 327 adults (61.7% women) with a mean age of 41.6 were randomly assigned to either receiving 60 – 120 mg duloxetine (168) or placebo (159). A 30 mg reduction was permitted in first two weeks forShow MoreRelatedSymptoms And Symptoms Of Generalized Anxiety Disorder Essay1085 Words   |  5 PagesGeneralized Anxiety Disorders Introduction to the paper Anxiety is a component found within many other mental disorders. The most common is depression. There are a number of anxiety disorders in the DSM, we will be looking at generalized anxiety disorder (GAD). 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