South Beauty

Problems atomic number 16 kayo Group open a direction to excel in restaurant give by combination traditional Chinese cuisine with a sleek western culture design. entropy bag attempts to postulate with hot pots and prompt nutriment restaurants by targeting the global vexation class done location and atmosphere. Although the company has flourished, it still faces problems of standardization, expansion, and financing. Standardizing southward Beautys restaurants is difficult to maintain because of the dependency on local suppliers of produce, meats, and seafood. food quality depends highly on the cranky materials provided and the experience of the chefs in each location. Menu development and implementation create consistency. emolument is managed through training, rules, and inspections. Standardization is acquired through meet of these cost structures. to the south Beautys focus has been on the domestic market, simply has strongly considered entering into new markets and expanding internation all(prenominal)y. This brainpower has brought negative caution because of the lack of coverage in all major cities in chinaware, which has caused pessimistic opinions about the companys abilities to operate in the much mature, completely different western culture environment.

South Beauty studies the structure and franchising operations of fast-flying food custody analogous McDonalds, which operates on strategies to produce inexpensive, pocket-sized quality food. South Beauty is seeking expansion and franchising opportunities by focusing on these low-end restaurants, wh ich differ drastically from South Beautys im! age, management style, and divisional structures, exclusively have achieved more exploitation in the Chinese market. Western fast food in China grew 18.3% in 2006, while Chinese restaurants like South Beauty only grew 2.25%. South Beauty has funded their growth by reinvesting their profits, but requires external funding to support goals to standardize, expand, and develop. South Beauty considered an initial public offering in 2006 for investment funding and for an...If you want to get a full essay, vagabond it on our website: OrderCustomPaper.com

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