In: Economics
Please privde sample paper for reference.
Scenario/Summary
Chocoberry (CB) is a major independent importer and processor of cacao beans from West African countries. They sell to major chocolate manufacturers in Europe and the Americas.
CB roasts and grinds the cacao beans offering chocolate liquor to the major candy makers and block liquor to small candy shops. Chocolate liquor is what most consumers know as baking chocolate—dark and bitter. In later years, CB has pressed some of the liquor to produce cocoa powder and cocoa butter—a high fat, white component that can be added to chocolate to render it smoother. Cocoa powder could be further processed to form the base for beverages and coatings. Q & Q, Neshey, Cadmerry, and Hershel added sugar to the liquor to form dark chocolate, which was not the most popular product. But the blending of sugar, liquor, and cocoa butter produced milk chocolate, one of the most popular food products ever. The candy makers made and distributed their milk chocolate products almost everywhere—and continue to expand their offerings.
Raw material and ingredient supplier CB, meanwhile, has been watching this gradual transformation from fun to health food; pondering the issue of how to take advantage of this revolution. To determine its future strategy in the new universe of chocolate and cocoa, CB must determine the potential for a new family of added-value chocolate or cocoa-based products among consumers in the United States and, later, other countries. To start, the United States would be a target market to determine if one or more product concepts might be feasible.
Your Role/Assignment
You are a consultant who has been engaged by CB to create and evaluate their alternatives.
The following are some areas your report should address.
Idea Generation
What techniques will you propose to CB to generate ideas that can be developed into viable concepts?
Of the many methods for ideation offered in contemporary literature, which represents the best for CB in this situation, and why?
Who might be selected to perform the ideation, and why? Why might you not select certain groups to perform the ideation?
Having screened the ideas to a select few, how are concepts generated from the ideas, and when?
Idea Evaluation Once the ideas are generated, how might they be evaluated to maximize the number that has the greatest potential and to minimize the probability of rejecting excellent ideas?
Enumerate the criteria that might be applied to appropriately assess the ideas and to eventually rank them according to their potential for CB.
Who would conduct the evaluation and why?
Focusing on the select few concepts, what are the evaluative criteria that might be used to isolate the one or two that should be recommended for further development?
Who would conduct the concept evaluation and with what tools?
In: Operations Management
WHAT COMPANY HAS THE MOST ETHICAL BUSINESS CULTURE?
The answer is Chick-fil-A. Headquartered in Atlanta, Georgia. Chick-fil-A is a privately-held company that prides itself on demonstrating high business ethics, anchored by being closed on Sundays to spend time with family and friends. Despite being closed one-seventh of the time, Chick-fil-A has surpassed Kentucky Fried Chicken (KFC) as the largest chicken quick-service restaurant (QSR) in the United States by revenue. This is shocking because there are only about 2,200 Chick-fil-A’s in the nation, compared to KFC’s 4,500. Total annual revenues for Chick-fil-A are about $5 billion.
Each Chick-fil-A restaurant averages more than $4.4 million in annual sales, more than three times KFC’s average at $1 million. In fact, Chick-fil-A’s average sales per restaurant is highest of all restaurants in the United States, with the number two chain being Whataburger, which generates $2.7 million per restaurant, a mere 61 percent of Chick-Fil-A. In terms of direct chicken restaurant rival firms, Chick-fil-A dominates in annual per-restaurant sales, toppling direct competitors Zaxby’s ($2.3 million), El Pollo Loco ($1.9 million), Bojangles’ ($1.8 million), Popeyes ($1.4 million), Boston Market ($1.4 million), and Wingstop ($1.1 million).
About 65 percent of Check-fil-A’s business is through its drive-thru where employees stand outside the restaurant taking orders on tablets. Research shows that Chick-fil-A employees say “thank you” 97 percent of the time; customers report that employees have a pleasant demeanor and smile in 9 out of 10 visits. The company’s employee retention rate is exceptionally high. Chick-fil-A has the second-highest rate of accuracy at the drive-thru of all restaurants, getting orders right 95 percent of the time, second only to Carl’s Jr.’s accuracy rate of 97 percent, in a recent study.
The only aspect of business where Chick-fil-A does not rank highly is in speed of service. The average wait time at Chick-fil-A’s drive thru is 4 minutes and 16 seconds, which is about 31 seconds longer than the average drive-thru wait time. But all in all, Chick-fil-A is an exemplary triple-bottomline company
Questions
1. Describe the business culture at Chick-fil-A.
2. To what extent does Chick-fil-A’s culture account for
Chick-fil-A’s performance?
3. How would you grade Chick-fil-A’s triple-bottom-line? Why?
4. Should Chick-fil-A change its policy and be open on Sundays
since all its major rivals are open
on Sunday? Why or why not?
In: Operations Management
Explain glycogenolysis, insulin level, fate of lactate, pyruvate, and alanine during the early and late fasting states
I NEED JUST EXPLAINATION FOR LATE FASTING STATES
In: Nursing
As a process executes, it changes states. Explain what are ready state, running state, and waiting state. Also, describe when a process moves between these three states
In: Computer Science
A 14 yr. old Caucasian female presents at the clinic complaining of ugly patches of skin on her elbows and knees. Patient states skin has been this way for years but gets worse with stress. Patient states concern that her Rheumatoid Arthritis has increased her stress level. She has no complaints of itching, or drainage. Patient states she does not have any allergies that she knows of.
Assessment: Bilateral elbows and knees have scaly, erythematous patches. There are silvery scales showing. There is no drainage or broken skin present. Patient states lesions are not painful.
5. What is the possible disease process ?
In: Nursing
4. Using the popular Utility function U=E(r) - 0.5*A*Variance(r), what is the utility for an investor with risk-aversion index of 3, whose portfolio has an expected return of 7% and a standard deviation of 16%?
Report 2 decimals in your answer
6. South Park Company's stock has an expected Return of 6.56% while Quahog Company's stock has an expected return of 3.8%. What % of my wealth should I invest in Quahog Company's stock to have an expected return of 10.86%? Report you answer as a % with 2 decimals. If your answer is 3.56%, just enter/type "3.56"
In: Finance
5. When consumer demand for hotel rooms increases, the average selling prices for those rooms typically increase as well. In the foodservice business that has not historically been the case. Fluctuations in consumer demand (e.g., volume differences between high demand Saturday nights and lowervolume Sunday nights) in restaurants do not typically result in menu price changes. Given that both hotels and restaurants are part of the hospitality industry, how do you account for these fundamental differences in approach toward strategic pricing? As a customer, which approach do you believe sends you the better value message? Explain your position.
In: Operations Management
Tesco plc wants to expand but foresees little exponential growth in its current retail activities. The company has, therefore, decided to utilise their ability to raise funds and their cash generation ability to organically expand into the hotel industry. Tesco feels that the market is open to a new participant and that companies such as Intercontinental Hotels Group plc are not ready for a vibrant new competitor. Tesco could expand by undertaking ‘organic’ growth orcould undertake the indicated growth by acquisition. You are required to provide a critical analysis of the relative benefits of the two types of growth (i.e. ‘organic’ and acquisition) from Tesco’s point of view, with regard to the proposed expansion.
In: Finance
In: Accounting