unit 9 DB food

Effective money management begins with a comparison of the actual money spent versus what is in the budget. The budget process is a series of steps if followed, will produce an equitable distribution of the company’s revenue and expenses. A foodservice budget has factors that should be considered such as food costs, salaries, equipment, maintenance, utility services and taxes. The budget should be completed in advance of the first fiscal billing cycle.

Topic: Applying Budgetary Considerations and Leadership

Make sure to title each response as Part A or Part B.

Part A: The Food Truck

You are the owner of several food trucks in the nearest city to you. You serve gourmet desserts, pastries, and coffee around the city. Explain the following:

1. Why would it be important to communicate production standards to your employees?
2. What would be necessary to ensure that employees apply required portion sizes?

2. Audie Murphy Apparel (AMA) produces patriotic shirts in three colors: red, blue, and white. The monthly demand for each color is 3,000 units. Each shirt requires 1/2 pound of raw cotton. The cotton costs AMA $2.70 per pound. The transportation time from the supplier to AMA is 2 weeks. It costs AMA $100 to place each order and the annual holding cost percentage for AMA is 20 percent of the cost per pound.

a. What is the optimal order quantity of cotton? Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to the nearest whole number.

Optimal order quantity _____ pounds

b. How many orders will AMA place during the next year? Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to 2 decimal places (e.g., 108.37 times).

Number of orders ______

c. How frequently should the company order cotton? This is sometimes called the time between orders (TBO). Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to 2 decimal places (e.g., once every 4.13 months).

Company orders once every ______months

d. Assuming that the first order is needed on April 1, when should AMA place the order?

a. March 15th

b. April 1st

c. April 15th

e. What is the annual holding cost when the optimal quantity (part a) is ordered? Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to the nearest whole number.

Annual holding cost________per year

f. What is the resulting annual ordering cost when the optimal quantity (part a) is ordered? Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to the nearest whole number.

Annual ordering cost ______

g. If the annual holding cost percentage was only 5 percent, how would it affect the annual number of orders, the optimal order size, and the average inventory?

Short answer question:

Mr. Jones needs to send a shipment from China to the United States. His boss asks him to prepare a set of potential crash options for accomplishing this in 5 days, 4 days, 3 days, 2 days, and 1 day. He calls an air transport company and finds out that the shipment can be flown in one day for a cost of $1000. Then he calls an ocean shipping company and finds out that it can be transported in 5 days for a cost of $200. He uses these two numbers to find the slope: it costs $800 more to reach the US 4 days earlier, or $200 per day. Then, he uses the slope to calculate the cost of a 4-day trip ($400), a 3- day trip ($600), and a 2-day trip ($800). What is wrong with Mr. Jones’s approach?

unit 7:1 DB Food

Food and beverage managers use various purchasing methods to control inventory, reduce waste, and build vendor relations. The way materials are processed through the operation, including receiving and storage is vitally important not only to the efficient and profitable operation of the eatery, but also for quality control and health reasons.

Topic 1: Receiving and Storage

Proper purchasing, receiving, and storage of food and beverage items is critical to a food and beverage department’s or eateries’ success. In this Discussion, you will apply what you learned in the Learning Activity and Reading to the following scenario and then respond to the questions.

Scenario: Your hotel restaurant is planning a big Thanksgiving dinner for 400 guests that includes many different types of pie all requiring whipped cream. As the Food and Beverage Manager, you inform your vendor 30 days in advance of the event that you will need 10 gallons of cream. Your vendor misunderstands and has 20 gallons in ten 2-gallon containers, delivered 5 days later to a new receiving clerk who stores nine (9) of the 2-gallon containers the cream immediately. The cook sees 1 of the 2-gallon containers on a preparation table about an hour later and proceeds to use a gallon of the cream in his gravy for that night’s meal. He leaves the remainder on the preparation table shouting to his sous chef’s assistant to put the cream away when he can. Two hours later, the assistant stores the remainder in the refrigerator. Note: The cream has an expiration date three and a half weeks from the sending date.

• What were the problems in this scenario?
• Who should be responsible to remedy this situation and how should they resolve this problem while still obtaining the required amount of cream?
• What changes should be instituted going forward?

unit 6 DB food

The purchasing function is responsible for identifying the operational needs of the organization, negotiating, determining product specifications, and working with and choosing vendors. Managers are charged with making the appropriate buying decisions in an ethical and professional manner.

Topic: Purchasing and Technology

You read about blockchain ledger technology. Now do some additional research out on the Internet and share your URL with the rest of the class regarding either videos or viable information regarding blockchain technology.

Make sure to title each response as Part A or Part B.

Part A: Technology

• Discuss how you think this technology will change food and beverage purchasing. Explain your response.
• Discuss how POS systems are used in eating establishments. When does it make sense to use a POS system? What advantages are there for management in using a POS system?

Career Management: Interviewing; You will be a recruiter for a large chain of national department stores, looking to fill manager trainee positions. Then flip the switch and you will be a candidate for the jobs. The company is specifically looking for candidates who demonstrate these three qualities: initiative, dependability, and willingness to assume responsibility.

● As the recruiter(s), discuss how you would assess the applicant in each of the three desired qualities? What questions would you ask or what would you use as an indicator to determine whether the candidate possesses the quality?
● As the applicant(s), discuss what you would say to convince the recruiters that you possess each of these qualities (You have yo think outside the box).

Please analyze why “Machiavellian Thinking/Machiavellian Tactics” could be potentially damaging for modern leadership approaches. Please explain your answer.

Delivering negative news involves a buffer or cushion statement, an explanation, the negative news itself, and a redirecting statement. Whether you choose a direct or an indirect approach, the message should be delivered clearly and concisely, with respect for the receiver and the organization.

Q1. (Please answer) When should you use an indirect approach in delivering a negative news message? Explain your answer clearly.

Q3. Consider the following scenarios and complete the short exercise associated with them...

(a)Sales have decreased for two consecutive quarters at your business. You have been instructed by senior leaders to inform your sales team that their hours, and base pay, will be reduced by 20 percent. While you may have a few members of your sales team that are underperforming, you want to retain the entire team. Write a negative news message (in appropriate memo format to your sales team) in a direct or indirect approach informing your sales team of the news.

(b)You have observed and documented an employee being late and taking long breaks for the past two weeks. This employee has been a good employee for many years but seems to have issues recently... Following best practices from the theory, write out a summary of the conversation you need to have with the employee. (You may answer by role-playing the components of your “plan”).

The Sarbanes-Oxley Act of 2002 is a federal government response to corporate ethics problem. In your opinion, and using support (citations) from your readings, does this Act do enough to help solve ethical dilemma among public corporations in the US? If not, what other actions would be appropriate?

what factors need to be considered when choosing a location for the following businesses:

(a) fast-food outlet

(b) dentist’s surgery

(c) agricultural machinery supplier

Building an Organization Capable of Proficient Strategy Execution: Three Key Actions. Start a discussion thread, explain how the three Key Actions need to work together for proficient strategy

Compare and contrast the three corporate concentration strategies. Identify a struggling company that could benefit from one of these strategies? What might you advise this company’s executives to do differently? Clearly show the reasons you consider the firm to be struggling and link these reasons to your advice.

I need a positive feedback about the common below made by my classmate.

• All organizations weight pros and cons when making large decisions. When making the decision to pursue a global strategy the organization must take into account factors of probable investment that is required, the amount of traffic by estimation and much more. In the end if the business feels that in the long run revenue will succeed then the company would pursue the investment to strategize to go global.
• The most valuable resource a company can have is their reputation. Expanding globally can harm the reputation of the company that has other worries such as suppliers, competitors and third party vendor to set up the business and may not work the way it should. A reputation is already set because of the services and quality provided and if it change happens it could potentially harm the business.

For example, Apple does business globally. Their main supplier was Foxconn in China, this changed in 2010 when they were accused of low wages, long hours, poor working and living conditions basically sweatshop conditions and it backlashed. Now Apple has diversified their suppliers

• Cultural distance is the cultural disparity between the internationally expanding firm’s home country and its targeted host country. A firm’s decision to enter certain international markets is influenced by cultural differences. A greater cultural difference can increase the cost and uncertainty of conducting business overseas. Basically cultural distance increases the liability of foreignness. For example McDonalds started selling Beef burgers in India which is a country populated my majority vegetarians for religious purposes therefore affecting the business.
• IKEA’s external challenges include finding new sources of supply to support more store openings, opening new stores to encourage growth, increased competition, economic conditions, change in the market. Internal challenges include maintaining growth and design, replacing CEO’s, keeping costs low. Finding new sources of supply to support each store may be the greatest threat in my opinion. But if they focus on low cost it is possible.
• Expanding takes a lot of time, effort and attention to detail. It is important to take into consideration the deforestation and global warming issue

two pages paper on any topic related to HR and what you have learned and how you will take this knowledge into your future career.