CASE STUDY
Read and analyze the Room for Dessert case. This assignment will consist of three sections: Introduction, Analysis, and Recommendations. Your introduction (one paragraph) should give a brief overview of the case. The Analysis should be the heart of the case. This is where you respond to the questions posted in the content section. The answers to the questions should be written in a business report format – each question should flow into the next question as you write your paper (i.e. do not number the questions in your paper.). Your Recommendations section should provide concrete steps on implementing the issues you discussed in the analysis section. This assignment should be three to four pages.
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This assignment is worth 200 points towards the final grade. Each member of the team is required to individually complete and submit a Team Accountability Report to the instructor. A separate submission area is provided in the section below this assignment.
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Questions to include in the analysis
Evaluate the business plan for Room for dessert. What are its strengths? Weaknesses?
What about the idea itself? What are the strengths and weaknesses?
Discuss the team and your perception of their ability to gather the necessary resources.
Who is their target market?
What should they have in place before launching the business?
MODEL ANSWER
Case Study Analysis
A business plan plays an important role for any business venture. Many business starters use the business plan to communicate to stakeholders on the feasibility of the business idea | PLACE YOUR ORDER NOW AT writtask.com | is also possible to underscore the returns the business will make in a given time period. This task gives an in-depth case study analysis of the business plan fronted by RFD | PLACE YOUR ORDER NOW AT writtask.com | of the strengths and weaknesses of the plan, the concepts in the plan and the team’s ideology will be discussed.
The Strengths and Weaknesses of Business Plan
There are many strengths depicted by RFD as depicted in their | PLACE YOUR ORDER NOW AT writtask.com | is the variety of foods and services. The business has positioned itself as an upscale full-service restaurant offering services such as salads, sandwiches, beverages | PLACE YOUR ORDER NOW AT writtask.com | is also a retail store where clients can get take-away stock for wine, sprits and other signature ingredients. The advantage is that the organization provides services that are customized to meet the customer | PLACE YOUR ORDER NOW AT writtask.com | that the regular customers are well accommodated, guests are served with their favorite wine tailored to address their needs. The second strength is that the business is to be strategically located in a busy setting with significant influx of customers from the upscale | PLACE YOUR ORDER NOW AT writtask.com | agency differentiates itself from competitors by inviting artists who can showcase their wok within the restaurant.
There are however some weaknesses depicted in the | PLACE YOUR ORDER NOW AT writtask.com | the business argues to be having quality fine wine, there is no notable proof to this assertion. No evident tastes or screening has been done to prove the assertion. Secondly, RFD wants employees to advance | PLACE YOUR ORDER NOW AT writtask.com | no plan for tuition reimbursement if the financial projections given in their plan is anything to go by. No incentive has been sighted as part of the plan to attract a good | PLACE YOUR ORDER NOW AT writtask.com | is that the founders of the restaurant don’t have enough experience as all are first time entrepreneurs. As such, managing the restaurant may be a challenge to them.
Strengths and Weaknesses of the Ideal itself The ideals for which the business has been founded sounds very profound. The business concept seems to take advantage of the existing gap in the restaurant business | PLACE YOUR ORDER NOW AT writtask.com | seems to take advantage of the operational hours not taken up by other operators to maximize on its profits. While most restaurants in the location closes between 11pm and midnight, RFD closes its doors some three hours later. This…
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