Please read the following hypothetical case then address each of the following issues in a separate paragraph or two with each response identified by the corresponding letter of the issue you are addressing. Your responses should reflect issues you have studied in the unit chapters. If you do incorporate other sources be sure to clearly identify them as such. All submissions are expected to be college level work with appropriate spelling grammar formatting etc. and must be submitted in .doc or .dox format.
Eddy has the worlds best recipes for Chili and Hot Dogs and at the urging of family and friends is finally opening his restaurant Fast Eddys. He has ample personal resources from his fortune earned as a stock trader so finance is not a concern. He does however have limited experience as a business operator and has some decisions to make. Please address the following questions to help him make his choices.
1. Given the fact that he will be opening a restaurant and knowing a little about his personal situation what legal form of ownership would you recommend he use? Please give your rationale for your recommendation including any possible downsides to the form.
2. He anticipates being open for lunch and dinner with both eat in and take out options available 6 days a week. Initially he plans to hire approx. 25 employees. What formal organizational structure would you recommend he use? Provide a simple organizational chart and explain the pros and cons of this choice.
3. Eddy wants to have happy employees as he believes that will result in better performance. Please make one specific suggestion for a motivating technique he could employ and explain what motivational theory it relates to.
4. The idea of franchising his idea has crossed his mind. If he were to take that step what issues positive and negative would you anticipate him encountering in the early years of his operation?
We Write Essays for Students
Tell us about your assignment and we will find the best writer for your paper
Get Help Now!
PLACE THIS ORDER OR A SIMILAR ORDER WITH LITE ESSAYS TODAY AND GET AN AMAZING DISCOUNT
The post Please read the following hypothetical case then address each of the following issues in a separate paragraph or two with each response identified by the corresponding letter of the issue you are addressing. appeared first on Cheapest Academic Custom Papers.
Welcome to originalessaywriters.com, our friendly and experienced essay writers are available 24/7 to complete all your assignments. We offer high-quality academic essays written from scratch to guarantee top grades to all students. All our papers are 100% plagiarism-free and come with a plagiarism report, upon request
Tell Us “Write My Essay for Me” and Relax! You will get an original essay well before your submission deadline.
