ANSWERS
Following were the main issues facing Mia
foster as new CEO int eh Levendary Cafe in china.These
are :
- Lack of Internal management exposure which is the most
prime reason of being an issue facing by the CEO
- The second is the wall street confidence which was the
objective to ensure.
- The stock price was the another issue for the levendary
cafe
- Then the chens Attitude
- The china Local taste
- Lack of GAAP which is General accepted accounting
principle collective formulation of balanced
accounting
- The cost
The Alternative facing by the Mia foster
were
- There should be a head quarter in china who will take
care of all the financial report in the chinese formats as US HQ -
CHINA HQ ( CHINE RESTAURANT 1 & CHINA RESTAURANT UPTO N
)
- Restaurant design have to be consistent with the United
states restrau design.To suit the location it could be small or
big
- The style of menu should be used of
MCdonald
- The Mia foster have to make the louis chen understand
that the standardization can be achieved and
important
- The adaption china require for the levendary cafe
business from the united states .
HAVE AGOOD DAY !