You and your partners have decided to opena large full-service restaurant in your local community it will be open from 7am to 10 pm. to serve breakfast unch nd dnner fach of you is investing $50.000 in the venture, and together you have secured a bark loan for $300.000 to begin operations. You and your partners have ie experience in managinga restaurant beyond serving meals or eating in restaurants and you now face the task of deciding how you will manage the restaant and what your repective roles wil be 1Decide what each partner's managerial role in the restaurant wil be For example who w be responsble for the necessary departments and specifie activites? Descibe your managerial hierarchy 2.Discuss the most important decisions that must tmade about a planning organing id leading and i controling to ow you and your pamers to use organoutional resources effectively 3For each managerial task list the issues to solve and decide which roles wl contribute the most to your restauant's success

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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You and your partners have decided to open a large full-service restaurant in your local community: it will be open from 7 am. to 10 pm. to serve breakfast kunch, and dnner. Each of
you is investing $50,000 in the venture, and together you have secured a bank loan for $300.000 to begin operations, You and your partners have ite experience in managinga
restaurant beyond serving meals or eating in restaurants and you now tace the task of deciding how you will manage the restaurant and what your repective roles wil be.
1Decide what each partner's managerial role in the restaurant wil be for example, who will be responsible for the necessary departments and specifie activities? Desoibe your
managerial hierarchy.
2.Discuss the most important decisions that must befmade about (a) planning (b) organing, leading, and idi controlling to alow you and your partners to use orgaational
resources effectively
3For each managerial task list the issues to solve, and decide which roles will contribute the most to your restaurant's success
Transcribed Image Text:You and your partners have decided to open a large full-service restaurant in your local community: it will be open from 7 am. to 10 pm. to serve breakfast kunch, and dnner. Each of you is investing $50,000 in the venture, and together you have secured a bank loan for $300.000 to begin operations, You and your partners have ite experience in managinga restaurant beyond serving meals or eating in restaurants and you now tace the task of deciding how you will manage the restaurant and what your repective roles wil be. 1Decide what each partner's managerial role in the restaurant wil be for example, who will be responsible for the necessary departments and specifie activities? Desoibe your managerial hierarchy. 2.Discuss the most important decisions that must befmade about (a) planning (b) organing, leading, and idi controlling to alow you and your partners to use orgaational resources effectively 3For each managerial task list the issues to solve, and decide which roles will contribute the most to your restaurant's success
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