Hard Rock Café

Hard Rock Cafà © Hard Rock Cafà © is a chain of restaurants that was founded by Peter Morton and Isaac Tigrett in 1971. Though they were Americans, the first Hard Rock Cafà © was in London, England and it was a theme restaurant that had it walls covered with rock and roll memorabilia. However, it started to expand in 1982 into other countries like Canada France and the US. In 1995 it ventured into the hotel and casino business with their first casino in Las Vegas (Grushkin, Selvin, Routhier, 2001).Advertising We will write a custom essay sample on Hard Rock Cafà © specifically for you for only $16.05 $11/page Learn More Hard Rock Cafà © has invested heavily in its product design process. This is because customer preferences and needs are constantly changing and they have had to address these changing preferences to maintain a competitive edge in the restaurant and hotel market. Due to its global network the company is in a better position to adapt quickly in response to the changing tastes and preferences, especially due to their theme venture. Their strategic managers have had to incorporate technology in the restaurant’s service delivery, such as the use of the internet in advertising and also in making orders and reservations for their high end products. This has boosted them in maximizing customer satisfaction, as convenience is key in customer service (Heizer Render,1996). The company has adopted the differentiation, cost leadership and rapid response strategies in their product development. This is to make sure that it stays relevant in the market by being different from other restaurants, being cost sensitive and incorporating customer needs into their products as soon as they arise. The decision makers have always taken pride in having close relationships with both their suppliers and customers hence the need to consult with them during product design. The Hard Rock Cafà © managers have a strict policy on the observation of safety , health and hygiene regulations in their decision making, and therefore, all products that they design are in line with these product principles. Hard rock cafà © products lifecycle is greatly influenced by customer preferences. They start by consultation to identify the prevailing customer needs in the market and the cycles end when the sales of the particular product plummet such that it is no longer profitable to continue producing it (Blythe, 2008). Their products go through four stages in their lifecycles, which are; introduction, growth, maturity, and the decline stage. When a need is identified in the market and a product is designed it is introduced in the companys restaurants and if customers like it, it is further popularized to boost its markets growth. With a stable market at maturity, the restaurants reap maximum profits, but these reduce as the product goes through the decline stage where sales plummet.Advertising Looking for essay on business economics? Let 's see if we can help you! Get your first paper with 15% OFF Learn More Hard Rock Cafà © considers different issues in its product development to ensure that it maintains a competitive advantage in the market. For instance, the decision makers have been forced to modify their menu from the basic burgers, beverages and fries, to other high end items that increase customer satisfaction. Also, with the current trend of healthy eating they have had to come up with diet meals for the section of the market that is health sensitive. As noted by Blythe, (2008), the company has always ensured that it conditions its product design process according to the customers needs. To ensure that they maintain customer loyalty the company has also tailored their product design in a way that ensures maximum efficiency in service delivery. Their products have to take the shortest time possible to produce so as to quickly meet customer needs especially at peak hours. The management has ob served that certain peak periods generate a lot of customer orders, and in their bid to maximize on customer loyalty, they have to conveniently serve these peak time orders efficiently. For instance there are more rock and roll enthusiasts during the holidays hence an in influx of customers during this time. References Blythe, J. (2008). Consumer behavior. Boston, MA: Cengage Learning. Grushkin, P., Selvin, J. and Routhier, S. (2001). Treasures of the Hard Rock Cafe: The Official Guide to the Hard Rock Cafe Memorabilia Collection. Winnetka, Illinois: Rare Air Media, Heizer, J. and Render, B. (1996). Production operations management. Prentice Hall series in decision sciences. New York: Prentice Hall.

Competitive markets, monopolies, oligopolies as types of markets Essay

Competitive markets, monopolies, oligopolies as types of markets structures - Essay Example This means that the seller has a lot of authority and control over the market conditions such as price and supply. Some of the characteristics of monopolistic market structure include little quantity or absence of substitute products, large barriers to market entry, little or no competition, while seller has a great authority over market conditions, prices are determined by the seller, insignificant difference exists between the industry and firm. Additionally, the demand curve for monopolistic markets is downward sloping, which simply means the seller can sell less at a higher price, or vice versa (Nicholson, & Snyder, 2008, p. 491). Unlike in competitive markets, monopolistic markets have the upper hand in setting market prices. Since the firms or the sellers have little to worry about competitors, they can set the prices above the marginal costs. They can set the prices above the normal profits as would be in the case of competitive markets. Additionally, the seller can influence supply, thereby determining the price by either selling more at a lower price or selling less at a higher price. The maximum possible price will be where marginal cost, marginal revenue, and demand curve intersect. Although monopolies can maximize profits in several ways, the output is largely determined by marginal cost and marginal revenue. The seller will continue increasing the output, as long as marginal costs are lower than marginal revenue. The maximum profit will be realized when the difference between marginal revenue and marginal cost is maximum. Since the seller is the price determinant, it is possible to regulate the output such that the profit obtained is maximized when other market conditions are considered. Monopoly markets have many market entry barriers as compared... It is evidently clear from the discussion that competitive markets are characterized by unlimited number of buyers and sellers, all trading on the same or similar commodity in a manner that the prices of the commodity are largely determined by the market forces. Therefore, a single individual or a small fraction of the buyers or sellers has little or no impact upon the price. Once the prevailing market forces set the price, buyers or sellers have no option but to go with the offered prices. Monopoly type of market structure refers to a market whereby there is little or no competition on the offered commodity. This means that the seller has a lot of authority and control over the market conditions such as price and supply. Some of the characteristics of monopolistic market structure include little quantity or absence of substitute products, large barriers to market entry, little or no competition, while seller has a great authority over market conditions, prices are determined by the seller, insignificant difference exists between the industry and firm. Oligopoly is a market structure whereby few sellers dominate the market. Unlike in monopoly form of market structure, oligopoly players can hardly make independent decisions since the other market players will react in response. Therefore, the decisions of one player are under the influence of the others. Few large firms characterize the market structure, each firm is appreciably large in comparison to the overall market, similar or close substitute products, and large barriers to entry.

Bloodstain analysis Essay Example | Topics and Well Written Essays - 1250 words

Bloodstain analysis - Essay Example On that fateful Tuesday night, on March 14th, 1995, they seemed to be enjoying themselves while having drinks at a local bar. Bonnie had left office at 7.15pm to meet with Warren; they kept drinking while at the bar until 11.09pm. Their house was situated just four miles away, and this was good since they were drunk. Thirty minutes after leaving the bar, Warren made a call to 911 (Mann, 2010). On the recording, Warren is frantic; he can be clearly heard in the background yelling as the dispatcher contacts the paramedics. Even though Warren is panicking, he tells the dispatcher that his wife had shot herself. Warren notifies the dispatcher that his wife is turning blue; he is instructed to begin CPR. Warren obeys the instructor, and this is confirmed as he can be heard breathing into his wife’s mouth. After another call, he tells the dispatcher that his wife had shot herself in the throat and that she is still breathing. By the time the law enforcement and the paramedics arrived at the premise, Bonnie Horinek had already died. She was lying on their matrimonial bed, dressed in a pink nightgown that clearly shown that she had been shot in the chest. Warren was busy trying to resuscitate his wife by performing CPR. The paramedics informed him that she had already died, but he could not stop. He could not heed any of their instructions, and this led them to drag him ou t of the room (Mann, 2010). The crime scene had two different weapons placed on the bed as observed and recorded by the police. A twelve gauge Winchester shotgun was placed at the edge of the bed, and a thirty-eight caliber revolver was placed next to Bonnie. The house had no signs of a break-in, and this meant that no one else was at the house. The police observed two scenarios; the husband killed his wife in one of his drunken outbursts or either she had killed herself. From the beginning, Warren claimed that his wife shot herself. As the investigations continued,

Ethical Behavior Essay Example for Free

Ethical Behavior Essay In this paper, I am going to discuss the importance of ethical behavior and its significance in persuasion. I will also define two ethical theories and finally, I will explore the impact that ethical practices have on persuasion. Persuasion is extremely important in ethical behavior. It is what mothers use to teach their children to make the right decisions. It can also be used by drug users to convince the insecure teen to try a drug for the first time, in order to fit in with the crowd. Persuasion can be life saving or deadly. Such is the case of Phoebe Prince, a young fifteen year old teen who committed suicide in January of this year. According to an article in the New York Times, she had transferred to an American school from Ireland and was eager to make friends. She attracted the attention of a football star at the high school, who apparently had recently broken off a relationship with another girl. It was this girl who persuaded her friends to join in belittling Phoebe any chance they could. The taunts grew more and more violent and abusive, until they turned in to physical threats. After three months of being bullied every day, Phoebe decided to give her accusers exactly what they wanted. She escaped the only way she knew how; by hanging herself in the apartment stairwell when she came home from school. This power of persuasion is not unlike Adolf Hitler’s hatred against the Jewish people. The more people they were able to persuade into joining in the tirade of accusations and unethical behavior, the stronger the momentum became, until death was imminent. Fortunately, people are beginning to recognize the seriousness of bullying. The Swedish Work Environment Authority Act suggests that, â€Å"Preventative interventions should include whole community awareness campaigns about the nature of bullying and its dangers. Efforts should also be made to enhance the emotional and organizational environments in school and work settings by promoting sensitivity, mutual respect and tolerance to diversity while prohibiting bullying† (Srabstein and Leventhal, 2010). Persuasion is the key to preventing this behavior for future generations. Although there are several if not many ethical theories, Utilitarian ethics is one that is used often. This theory is based upon the reasoning that â€Å"the right act is the act that produces the greatest benefits for everyone† (Waller, 2005). It is this reasoning that persuasion comes into play. Utilitarianism strives to â€Å"maximize pleasure and minimize suffering for everyone† (Waller, 2005). With the basis that the right act will produce the greatest benefit, persuasion can be used to guide a person into committing the right act. For example, many people agree that shoplifting is wrong, because the effects from stealing from another cause more suffering than pleasure for all involved. Persuasion can be used to try and reason with the potential shoplifter so they change their mind and decide not to steal. However, persuasion can also be used to coerce the shoplifter into taking the item, using peer pressure to entice. Either way, utilitarian ethics involve choices or choices involve persuasion. Another theory of ethics that can be impacted by persuasion is the theory of rights. These rights are put into place by the society in which someone lives. In the United States, we have our Constitutional Rights, which lists what our forefathers deemed to be used to guide its citizens in their quest for life, liberty, and the pursuit of happiness. There is also the ethics of human rights, such as enforcing the death penalty. In Europe after World War II’s death and destruction, the Council of Europe was created as a way to protect human rights. This included abolishing the death penalty. What began as ten countries quickly grew to include 47 nations. When Ukraine joined the Council of Europe (CE) in 1995 (Bae, 2008), an immediate moratorium on executions was expected to be compliant with the other nations. Ukraine ignored the moratorium and it was during this time that executions actually increased (Bae, 2008). The Council of Europe was able to persuade Ukraine to abolish the death penalty using the threat that they could not continue to let Ukraine be a member of the CE if they did not comply. However, the people of Ukraine, as well as other countries in the CE, were in favor of the death penalty. Their citizens were trying to persuade Ukraine to continue the executions. Ultimately, even though Ukraine was in favor of the death penalty, under the persuasion of the CE, they ultimately chose to abolish this law in order to maintain their continued membership. It is easy to see how ethics and persuasion ultimately coexist with each other and how they can be used in both, ethical and unethical situations. For every right or reason a person believes in, there was the initial persuasion that led them to those beliefs.

Behavioral Jealousy Essay -- Psychology, Behavior

Behavioral jealousy are actions that occur between an individual who is experiencing envious thoughts and how they internalize and react to the stimuli. Pfeiffer and Wong (1989) â€Å"conceptualize jealous behaviors as the detective/protective measures a person takes when relationship rivals (real or imaginary) are perceived. Detective actions include questioning, checking up on the partner, and searching the partner’s belongings† (p.183). Research suggests that behavioral jealousy is used to maintain relationships. Relationship maintenance refers to either positive or negative behaviors that occur between two individuals in order to maintain a healthy communicative balance. Dainton and Gross (2008) specifically discuss the repercussions that negative behaviors such as jealousy induction may have on relationship maintenance. For instance utilizing negative maintenance behaviors such as jealousy to react to a relationship is negatively associated with relationship satisfaction. This research is tied in with the idea of social support and how individual respond to their partners. Researchers agree that jealousy in relationships can have a negative impact, yet also enhance romantic feelings and satisfaction based on how jealousy is initially communicated (Dainton & Gross, 2008; Yoshimura, 2004). â€Å"An essential idea behind this study is that the ways in which jealous individuals communicate their jealousy influence how the target communicatively responds. The results showed that targets of jealousy expressions most strongly respond in the style of the initial expression† (Yoshimura, 2004, p. 95). The way jealousy is expressed initially based on attitude and mood can affect the response of the partner and at shaping and guiding the relat... ...e a parallel correlation from offline jealousy behaviors. Groothof, Dijkstra, and Barelds (2009) suggest that â€Å"as for offline acts of infidelity, men compared to women are more upset by a mates sexual infidelity over the Internet, whereas women, more than men, are more upset by a mate’s emotional infidelity over the Internet† (p.1126). Research also suggests that besides socio-cultural and evolutionary jealousy based on gender differentiation; further research should focus on individual’s cognitive social perspective pertaining to jealousy emotion. Harris (2002) suggest that â€Å"individuals clearly vary in their susceptibility to feelings of jealousy†¦the degree of jealousy will be determined by the appraisals people make regarding the seriousness of a threat† (p.11). With that said, further research on sexual jealousy triggers should be further investigated.

Publix Supermarket History Essay

Publix Supermarkets, Inc. is the largest employee supermarket chain and fastest growing company in the United States. It was founded in 1930 by George W. Jenkins and opened the first Publix store in Winter Haven Florida is a employee- owned privately held corporation. Publix is has over more than 1,061 supermarket stores, eight grocery distribution centers, twelve brand manufacturing facilities, and 820 Publix Pharmacies. The manufacturing facilities produce its dairy, deli, bakery, and other food products. Our stores are located in Florida- 752, Alabama-51, Georgia- 180, South Carolina- 45, and Tennessee- 33. Publix built its first distribution in Lakeland, Florida and moved its headquarters there from Winter Haven in 1951. At that same time, the All American were closed and replaced with Publix Supermarkets. The donut shops in each store expanded their bakery into full- service in 1957. Each Publix store provides specific services and products in its grocery, produce, deli, floral, bakery, seafood, and meat departments; some of the stores contain sushi bars, cafà ©Ã¢â‚¬â„¢s liquor store and pharmacy department. Publix created and introduced Greenwise Markets to increase awareness of nutrition providing organic and natural items. Publix mission statement is â€Å"Our Mission at Publix is to be the premier quality food retailer in the world. To that end we commit to be: Passionately focused on Customer Value, Intolerant of Waste, Dedicated to the Dignity, Value and Employment Security of our Associates, Devoted to the highest standards of stewardship for our Stockholders, and Involved as Responsible Citizens in our Communities. Publix’s slogan is â€Å"Where Shopping is a Pleasure†. We have more than 153,000 associates employed with Publix Supermarkets, Inc. A variety of services are offered by Publix. Services such as presto atms, gift card center, floral, special item request, online easy ordering, apron recipes and event planning, prescription refills, and Publix merchandise. They also have several fascinating clubs and programs; wine guide, baby club, preschool pals, family style magazine, Publix paws and upromise program. Publix states the nine reasons why you’ll feel great about working at Publix good, friends, benefits, ownership, stability, career growth, helping others, community spirit, diversity and planet earth. There are several services offered by the pharmacist to help manage your health. They offer a diabetes management system, free prescriptions on selected medications, flu and immunizations, health screenings, Medical I.D., prescription transfer, Flavorx, insurance plans, health center and generic drugs. The main competitors in the national grocery chain are Kroger, Whole Foods, IGA, and Supervalu; several regional grocery chains including BI-LO, Winn-Dixie, Ingles, Fresh Market, Sweetbay, Piggy Wiggly consolidated with warehouse and retail chains including Wal-mart, Costco, Kmart, Target, BJ’s Wholesale and Sam’s Club. Publix for 15th consecutive years has been named as one of the Fortune 100 Best Companies to work. It has never had any layoffs even though some stores have closed and new ones have opened. Each year, the company issues shares of its stock to eligible full- and part-time employees, and cash dividends earned on these shares are paid directly to employees. Publix is a highly established and successful supermarket with friendly service and an immense array of products. They offer â€Å"buy- one- get- one- free† deals which vary from week to week on several products within the store. Publix Supermarkets budget along with other facts are made available to the public. SEC documents contains several of Publix annual, quarterly, proxy, current and other reports where you can retrieve the specific report. Even through the terrible economic hardships we have had worldwide Publix has managed to make a good profit, offer promotions, still open new stores, and never layoff any employees. References http://www.publixstockholder.com/servlet/ProxyServlet?path=/stockholder/Document.do&seq=1&SECDocumentId=7958&curPage=1&selectedDocumentType=-99&selectedYear=-99 http://www.publix.com/careers/Home.do

The War I And World War II - 911 Words

There are many countries in the world that have a great history. Their antiquity benefited them in one way or another. One of these nations is France, which is known to have glorious events in the past. These events have made France the way it is now. For example, World War I, and World War II. However, these events were not the only thing that had a major role in France’s history some people are involved as well, such as Napoleon Bonaparte I and Louis Napoleon III. Those two men controlled France once and made it a great country. Napoleon Bonaparte I is known to be one of the best war chiefs the world have ever seen. Napoleon Bonaparte I was the emperor of France in 1799. He conquered many lands in Europe while he was the king to expand the French empire. Those are called The Napoleonic Wars. Some of the countries that he conquered are Italy, Holland, and Spain. France was one of the biggest kingdoms at that time. But he lost his throne after 10 years because he made a lo t of enemies from these wars. A party was initiated by LouisXVI against Napoleon Bonaparte and defeated him after three years. However, LouisXVI did not do well in ruling the empire. He collapsed the nation’s finance and led it to bankruptcy. When Napoleon saw his empire starting to vanish, he returned and began a revolution. The people supported him because the current king was destroying their country. So he won in the revolution and crowned as a king again. After that he immediately got into warShow MoreRelatedWar I And World War II919 Words   |  4 Pageshistorians debate rather World War I and World War II were two different parts to the same war or if they are separate and distinct wars. Even though World War I and World War II were very different wars, and there were many years in between the two, the outcomes of World War I caused for World War II to happen because of unresolved issues. World War II is a continuation of World War I. World War I lasted four years and was the first total war in history. Before World War I Europe was doing well theyRead MoreThe War I And World War II1660 Words   |  7 Pagesin thehistory of the world were World War I and World War II. World War I occurred from 1914 to 1918. World War I was caused by militarism, alliances, nationalism, imperialism and assassination (MANIA). The first four causations were more of a build-up to it. Then, once the Arch-Duke Franz Ferdinand was assassinated, the buildup was sparked. This can be compared to pouring gasoline on the ground and then lighting it on fire. World War II occurred from 1939 to 1945.World War II was caused by the discontentRead MoreWar I And World War II1517 Words   |  7 PagesThroughout history the United States has been involved in many different wars. Their involvement has brought forth many significant events and changes that have affected the American way of life. I will briefly discuss the events and the United States involvement in World War I and World War II. I will give a brief overview of both wars and explain exactly how and why the United States joined in each. The term First World War was first used in 1914 by Ernst Haeckel, who stated that, there is noRead MoreThe War I And World War II944 Words   |  4 PagesFrom piles of bodies in no man’s land to Jewish death camps, the level of violence found within World War I and World War II was extreme even for wartime standards. These experiences shaped generations to come through the memories passed on by those who lived through such atrocities. Both Ernst Junger and Art Spiegelman carry on these memories through the book Storm of Steel and graphic novel Maus. Their pieces both give glimpses into the lives of the past and the violence in which those individualsRead MoreThe War I And World War II1191 Words   |  5 PagesIntroduction During World War I and World War II life back home changed excessively. When the soldiers went to fight in World War 1 and World War 2, women and children had to replace men in the workforce. There was an increase in those affected by the trauma of the wars, and the birth-rates dropped during this time. Family Families were affected by the trauma and exposure of the war, causing mental illnesses such as depression. Young children had been exposed to the trauma of war. A great deal of pressureRead MoreWorld War I And The War II1518 Words   |  7 PagesWorld War II was a war that ended in much tragedy. There were over 60 million casualties. Throughout World War II there was how it started, the Nazi Regime, and some of the major battles. Much of the war was about the Germans bringing together a group of people called the Nazis. They were under the rule of Adolf Hitler. There were two groups fighting against each other: the Axis powers and the Allied powers. The Axis powers consisted of Japan, Italy, and Germany. The Allied powers were GreatRead MoreWar I And World War II1264 Words   |  6 Pages During any war, there will alwaAys be alliances made which stick even after the war has been dissolved. Postwar foreign policy after wars such as World War I and World War II was complicated and both had their similarities and differences from each other. World War I (WWI) strengthened our international relations with many countries, It also deteriorated some relations as well and set the stage for America becoming a great power. World War II (WWII) had some of the same effects, solidating ourRead MoreWar I And World War II771 Words   |  4 Pagessought to stay out of both World War I and World War II only to be pulled in by intense happenings that inflicted chaos on the nations people. World War II would be a time in American history that would bring many fresh war tactics and developments, that helped to pull a depraved nation from the depths of a depression as well as pled ge the freedom and prosperity of its opposing nations. Dangerous discoveries will be made in the world would be left to be governed by two world powers. Hoping to remainRead MoreWorld War I and World War II700 Words   |  3 PagesMany people know about World War I and World War II seeing that they are a couple of the world’s most famous wars. Have you ever wondered how much you really know? This paper is here to inform you of all of the propaganda used to persuade people to follow Hitler, the Nazi party, and Stalin, terms that were used during this time period, and some of the very important people involved in World War I and in World War II. In the heat of World War I there were two groups, the Allies and the Central PowersRead MoreThe War I And World War II881 Words   |  4 PagesCOMPARISONS The second half of the twentieth century was very troubled for many countries. Immediately after World War II, another war would start; the Cold War. Fortunately the Cold War was not near as bloody as World War I and World War II, but it was also harmful to multiple countries. At the time, Democracy and Communism were fighting against each other to be the most dominant ideology in the world and consequently the most influential one. Africa was colonized by many European countries and Democracy