Entrepreneurial Leadership Paper Assignment Example | Topics and Well Written Essays - 1000 words

Entrepreneurial Leadership Paper - Assignment Example Five Guys emphasizes service quality more than business profitability, as the management believes that this policy is the best way to meet customer expectations. Jerry Murrell, one of the co-founders of Five Guys, says that his business plan was simply to â€Å"sell a really good, juicy burger on a fresh bun. Make perfect French fries. Don’t cut corners† (as cited in Contemporary Business, 2012). The company is not ready to compromise its product quality despite the considerable amount of money and time it has to invest to sustain it. The case study reflects that the company imported potatoes from northern Idaho regardless of the slow growth issues in order to obtain solid and tasty potatoes; and in contrast to this, the firm’s competitors imported cheaper and low quality potatoes from Florida or California (Contemporary Business, 2012). Similarly, when most of the fast food chains served dehydrated frozen fries to take advantages of size, Five Guys always provid ed its customers with fresh fries. It is observed that most of the other food chains tried to pool cheap raw materials in order to enhance wealth maximization. This business philosophy benefited the organization in achieving high level customer loyalty. From the case study, it is obvious that customers patiently wait for burger even if its 17 different toppings are made to order and it is a time consuming task (Contemporary Business, 2012). Furthermore, Five Guys’ distinct philosophy helped the company to eliminate advertising expenses since the strategy itself was a sufficient asset to make customers advertise for the company. Analyze the original values of the start-up company and how it remains strong today Since the beginning, Five Guys has been successful, and it is one of the few food chains in America that remained unaffected by recent global recession (QSR Insights, 2012). While seeking the reason, it is clear that the company’s strict policies have helped it t o overcome various market difficulties throughout its history. In other words, original values for the start-up company still remain strong despite some negligible changes. As the company management had decided at the time of Five Guys foundation, the firm still continues to offer quality products and services to its customers. At the start up time, the company had decided not to use low quality ingredients or serve frozen food items to people. Minimizing advertisement expenses and thereby passing savings to customers was another start up value of the firm. Even in the midst of the recent global recession, the company was not ready to use low quality ingredients for its food items. In addition, the company still focuses on its customer advertising strategy together with employee incentive schemes to promote its business. Even when the company began franchising in 2002, it was vigilant, insisting that franchisees do not use low quality products and do not render low quality services. In order to ensure franchisees’ potentiality, the firm does not franchise to anyone unless the prospect operates a minimum of five restaurants. Throughout its history, the company received numerous awards for its efficiency and customer services. Most notably, the firm obtained Washington Magazine’s â€Å"Number 1 Burger† award for seven years (Contemporary Business, 2012). However, according to 2010 annual report by the Center for Science in the Public Interest, Five Guys’

Protected Designation Of Origin Essay Example | Topics and Well Written Essays - 2750 words

Protected Designation Of Origin - Essay Example In order for a product to be registered and the producers offered the rights that accompany registration, there must be a formal application made to the Department of the environment, food and rural affairs (Defra). The application must be accompanied by supporting documentation which indicates that the food product is produced, processed and prepared within a geographic area and by virtue of this, the product has inherent characteristics that derive from the geographic area. The application is then examined by the staff of Defra and any pertinent questions may be raised and correspondence incited between the applicant and the Defra officials. If the application proves to have some merit after the Defra investigation, it is then passed on to the European Commission for further investigation. When the application reaches the European Commission, the Commission is afforded up to six months to determine the validity of the claim. In so doing, the Commission is free to seek the assistanc e of the Scientific Committee which is established solely for this purpose. In offering assistance, the Scientific Committee can conduct tests and offer the expert opinion with regards to the geographic origin of the product. If after consulting with the Scientific Committee, the Commission is satisfied that the product warrants PDO registration, a summary sheet of the product is published in the Official Journal of the European Community. At this point, the registration is open for objections for the next six months.

How is the AIS (automatic identification system) effective in Kuwait Thesis

How is the AIS (automatic identification system) effective in Kuwait coast guard operation - Thesis Example These systems, particularly the AIS Class A, have provided a wide range of benefits such as effective vessel identification and the provision of accurate information to national security forces and the Vessel Traffic Management Systems, or VTMS. Moreover, the application of ship-to-ship AIS has become an increasingly valuable option for mariners to be used as an efficient instrument that will improve situational awareness (Norris 2006). Regulations to utilise AIS in all vessels fall under the international standards of improving the safety and security among maritime transporters through the provision of information regarding locations and vessel identities. Aside from national security, the AIS can also make its contribution to environmental protections and procedures that require the rescue of vessels vulnerable to threats or attacks (Norris 2006). 1.2 The Role of Kuwaiti Coast Guard Kuwait remains to be a small country that holds a strategic position, increasing its vulnerability. It is surrounded by Iran, Iraq, and Saudi Arabia and is easily within a short distance of missile range from its three major neighbors (CS 2010). Due to Kuwait’s considerable wealth and large oil reserves as well as a lack of safe and secured routes for oil exports, it has become a target for the surrounding countries. Maritime boundaries with Saudi Arabia, Iran, and Iraq have been an important concern for Kuwait, with the country encountering numerous maritime attacks over the years, particularly from Iran and Iraq (Knights 2005). Despite perceiving the hostility of Iraq and other neighboring countries, in 2008, the Kuwait’s naval forces signed the Khawr Abd Allah Protocols, or the KAA Protocols, which referred to a maritime bilateral military agreement for the coordinated use of the KAA waterway and acquire security and stability. Although Kuwait has established defense agreements with United Nations Security Council members and has utilised procurement programmes i n reinforcing these associations, the security of Kuwait has highly relied upon the US and has received from $3 million annually as financial assistance to combat terrorist attacks and meet other security objectives, with the Navy and its coast guards as part of such sanctions. This has allowed units to develop technologies through research and development programmes such as the detection and identification of incoming maritime irregularities (CS 2010). The Kuwaiti Navy includes an estimate of 2,700 personnel including 500 coast guards with its limited naval forces focusing on the protection of their coastline, support of customs, and implementation of missions against infiltration. The Kuwaiti Navy had been established immediately after Kuwait became fully independent from Britain (CSIS 2006). During the Persian Gulf War, the country’s military defenses were highly dependent on foreign contractors to provide their training, logistics, maintenance, and actual operations; cons equently, the readiness of the Navy and the rest of Kuwait’s defenses were at a poor level. At present, their equipment includes fast attack crafts, support ships, special operations patrol boats, interceptor crafts, diving support vessels, hydrographic support vessels and harbor tugs (CIA 2006). Tracking methods have also been emphasized to provide geographical information along

Business and employment law Essay Example | Topics and Well Written Essays - 1500 words

Business and employment law - Essay Example Poppy simply seeks to buy the painting on display even though Bart refuses on the grounds that the product is solely for purposes of display. The fact that Bart is a retailer means that all freedoms to or not to sell any of the products to anyone is not in violation of a sales contract. In this case, Poppy cites offense when Bart does not seek to sell the painting1. To Poppy, the grounds for suing Bart include the fact that the painting on display is tallied as an offer. In the event of discriminatory sales, Poppy would use this as appoint to pin Bart and hence prove Bart’s liability. This is completely different form offering goods of poor quality and faulty. For Poppy, the contract consideration is lacking. Bart had not attached a price to the painting. The fact that the painting is on the shop’s wall does not in any way amount to an obligation for the trader to sell it leave alone accept her offer 2. The reason given for the trader’s decline does not include a nything of discrimination and consumer rights violation. Evidently, the necessary components for there to be a valid contract are absent which greatly discredits the grounds for suing Bart. Lovely Lighting Ltd’s Liability to Bart under the Law of Contract and Tort In the case alongside, Lovely Lighting Ltd is not indemnified from any damages and injuries resulting from the products they sell. With this, all aspects of a contract are fulfilled and are met. For this reason, a contractual liability would only arise due to a breach of contract. Tort liability is that which arises from a civil wrong3. In this case, the first step is to establish if there is a contract between parties. For this reason, one of the issues arising includes the likely disputes that may arise between Bart and Lovely Lighting Ltd. A salesperson approached Bart and presented him with an offer to purchase a sign bearing the name of Bart’s business. Bart accepted the offer through agreeing to purchas e the product, and signed a contract with the company with all the terms and conditions binding4. For an agreement to be considered a contract; there must be evidence of an offer (Lovely Lighting’s sign), acceptance (Bart’s signature on the sales contract), contractual intent (Bart’s motive to by the sign), legality of subject matter (the transaction is between legal bounds), and consideration (sign’s price)5. Bart was given an offer to purchase a sign bearing the name of his business, he accepted. There is the individually designed shop window lighting at the specified price which is the consideration. Lovely Lighting Ltd is a company doing legal business, and offered a legal business exchange. Both parties have the capacities to form contracts, and both parties showed intent to enter into the contract6. The case presented shows that Lovely Lighting Ltd does breach the contract and provided Bart with a product with a wrong name. This is a material breach since Lovely Lighting Ltd failed to use the right name of Bart’s business as agreed upon when signing the contract. Bart agreed to purchase a sign with the name ‘Artybarti’, which is his business’ name. The sign was designed with the name ‘Artyfarti’ which was not as per the contractual agreement. At this point, the obligation of the handling ot the sign rests with Lovely Lighting Ltd 7. Tort liability also comes into play a great deal. Lovely Lighting limited should be liable for selling defective products