Free Essay

Mainland China

In:

Submitted By oshamajik
Words 3623
Pages 15
Acknowledgement

We would like to recall with gratitude, the tremendous support and encouragement, which we received from our honourable faculty Mr. Nurul Hasan Khan. As an Instructor and Advisor to the report,he made critical reviews of our work as we progress through each stage, provided valuable insights and academic training to improve the quality of the work. We are grateful for his stimulating guidance and encouragement during the period of preparation this project. Without his guidance, this would simply not have been possible.

We would also like to thank the manager(please include name) of Mainland Chine for their suppoer in conducting this research

Executive Summary

Table of Content

Part 1

Introduction

Company Profile

Basic information

Mainland China, located in Uttara, Dhaka, is an outlet of the international Chinese restaurant chain owned by Speciality Group based in Kolkata, India. The Dhaka outlet is the chain's first international restaurant outside India, it is their first revolving one and the first such one to be at the topmost floor of a 14-storied high-rise. The other concerns of Speciality Group are Sigri, Oh! Calcutta, Flame and Grill, Machaan--all serving different cuisines.

Geographical terriotory:

Currently Mainland China boasts 41 other outlets throughout India in cities like Mumbai, Kolkata, Chennai, Bangalore and so on. In Bangladesh, The chain plans to open operation in Gulshan, banana and Chittagong soon.

Background:

Mainland China opened in Uttara on February 7, 2010. It was a soft opening, following the management’s belief that rather than big promos and publicities, it is the word-of-mouth which speaks volumes for an establishment.

Originally, Mainland China opened its first outlet in Mumbai in 1995, with the desire to provide the most authentic Chinese cuisine of five-star value at non five-star price. Following this success of the service and quality of food, Mainland China soon entered the cities of Bangalore, Hyderabad, Kolkata, Pune, Chennai, Delhi, Gurgaon, Guwahati, Nasik, Ahmedabad, Baroda and Chandigarh.

Mission and Values:

• To consistently provide world class cuisine and experience at a rational price. • To create a dining experience whose uniqueness lies in its elegance and refinement which is brought alive by caring and personalized service in a warm and vibrant environment. • To provide a unique dining experience at a rational price and to continually improve our food products, services and business processes in anticipation of the ever changing and evolving guest expectations and thereby ensuring their continued satisfaction. • To ensure high standards of safety and hygiene at all times.
Chief chuisine:

Mainland China serves authentic cuisines from Guangdong, Hunan, and Sichuan by their master chef. The principle of their cuisine is "harmony in contrast" which stems from the principle of Yin and the Yang. This reflects by way of combining contrasting flavors such as sweet with bitter, sour with sweet, sweet and spicy and so on. The same goes for the combination of colors and textures of the ingredients. The challenge is in creating the "harmony" in each of these dishes on the menu.

Ambience and décor:

As one steps into the place, one is bound to be awed by the ambience and the style. Located at the topmost floor of the 14 story block at Uttara, (Siam Tower, Jashimuddin Avenue), the restaurant offers a magnificent view of a slice of the suburb. The circular shaped restaurant has its inner segment revolving. So, it is indeed a very different experience for anyone to relish food while having a round trip of the skyline. The life-size statues of the three Chinese Warriors are their signature features, which stands high in almost all their outlets. So are every piece of cutleries, crockeries and other features, which are identical in all their outlets.

Awards won:

‘HT City 2008 Award for the Best Chinese restaurant in Delhi and NCR’; the ‘Coca Cola Golden Spoon award’"; Telegraph Food Guide Awars for the best Oriental Restaurant in Kolkata.

Literature Review:

Cuisine Restaurant marketing is both an art and a science. There are many issues that relate to the Cuisine restaurant marketing but the top most priority should be given to the issues as given below.

BRANDING: A brand is a promise. It's what customers, employees (Internal Customers), vendors, the media and all other key constituents come to expect in dealing with a Cuisine restaurant. Brand-building is closing the gap between what is promised and what is delivered. A strong brand is one that has alignment between the promise and execution. It's not something that only happens when you advertise, and it's not that people recognize your logo or recall your advertising.

POSITIONING: Positioning is an underleveraged restaurant marketing component. Positioning is the place that is held in the customers or prospects mind relative to the competition (the cheaper choice, the higher quality choice, etc). Effective positioning involves incorporation of Unique Selling Proposition (U.S.P.). It's a point of differentiation that the competition either cannot or does not claim. An example is Burger King versus McDonald's. If Burger King can convince us that a flame-broiled burger tastes better than a fried burger, they've won the war because McDonald's will never go into all 14,000 stores and rip out fryers to install char-grilling pits.

DUE DILIGENCE: Cuisine Restaurant marketing doesn't happen in a vacuum. Effective Cuisine restaurant marketing must be built on a foundation of fact and knowledge about the market, the competition, the customers, the Internal Customers, financial history, marketing history, the industry, and outside forces that will impact the business. Cuisine restaurant marketing has to factor these considerations into the overall strategy. Not even Coca-Cola can afford to market to everyone all the time, so effective market research and due diligence can help one be more effective in their Cuisine restaurant marketing efforts.

MENU MIX: Every six to twelve months, it is necessary to conduct an analysis of the menu. This will include profitability analysis and competitive menu analysis. To keep the menu fresh, relevant, and profitable, one will need to know specifically how each item on the menu is performing and also how it stacks up next to the top competition.

TRAINING: Marketing, human resources, operations and training are inextricably connected. It is known that great marketing will just kill a bad operation faster. That's because if people are sent into an operation that is performing at a B- level or below, people will have a bad experience and businessmoney would be better spent on operations improvement rather than marketing. Training is a vital component of Cuisine restaurant marketing for this reason. The training will have to go beyond just employee orientation. An on-going program is needed that constantly improves and evolves staff competencies. It's also a good idea to include a restaurant marketing component in the training program so that there are ambassadors to help the business’s sales-building efforts.

There's 5 ways to increase sales for a Cuisine restaurant:

Sales-building is so much easier when you know how it works. And fortunately, the methodology is much easier with the following definitions. Every effort you could make to build sales, falls into one of just four categories.

NEW TRIAL: These are first-time customers buying from you for the first time. They will establish their opinion of your company during this first purchase and decide what percentage mindshare to award you in the future. New trial is the most expensive of the four sales-builders as acquisition costs are typically 7-10 times more costly to execute than the other sales builders. However, it is impossible to increase frequency, check average or party size without customers to start with. After a customer base has been established, however, it is advisable to focus considerable efforts on the sales-builders listed below.

FREQUENCY: Is how often existing customers return to you for future purchases. Frequency is generated by developing enduring relationships and loyalty among customers. While it is rare to disagree that frequency is important, an alarming number of businesses fail to appropriate the needed mindshare and resources to developing successful programs. Consider that the average Pizza Hut loyalist purchases a pizza every 30 days. If Pizza Hut can get this group to purchase just one more pizza in those 30 days, they'd double their sales.

CHECK AVERAGE: Often refers to the total purchase for each transaction. In this instance, however, we are referring primarily to per person check average - the amount each guest or customer spends at purchase. Check averages can be built through price increases, suggestive selling programs, effective internal merchandizing, and through add-ons or upgrades to name but a few techniques. Just have to make sure that the increase in check average remains consistent with overall positioning strategy.

PARTY SIZE: As the name would suggest, Party Size refers to the number of people in each party. Do customers primarily visit alone, in groups of 2, groups of 5 or more? Whatever the number, you'll want to devise programs that encourage customers to bring more of their friends with them for each visit. Examples of programs include bus drivers eat free, birthday clubs and refer-a-friend tactics. Encouraging party size turns customers into advocates and enlists them as part of sales-building team.

The STAR FACTOR

It’s a tried and true method – to keep the eatery “hot” and popular to do that invite local celebrities in to dine on the house, take a photo of them with the owner, have them sign it and display the framed photo on the wall. If someone famous walks in, make sure to keep a camera handy by the register.

Deliver some food to popular personnel (cookies, brownies, whatever) and ask them to leave a signed photo to put up in the restaurant.

Expense of marketing Cuisine restaurant

There are several rules of thumb and ratios in the Cuisine restaurant industry and there are some for Cuisine restaurant marketing as well. A typical Cuisine restaurant should allocate 3% - 6% of sales to marketing. It's also a good idea to allocate this money proportionally to sales volume. Meaning, if July is the busiest month, you should spend a proportionate amount on your Cuisine restaurants marketing budget in that month.

Fish where the fish are biting. Some Cuisine restaurant owners look at slow periods and think that's when they need to spend money to drive sales, so they spend a big chunk of cash trying to build a happy hour business and forgo building on top of their busy periods. Fact is, there is a reason people aren't coming in from 4:00 PM - 6:00 PM and one will be sending valuable marketing dollars down a black hole if he try to build this period. Of all the restaurants in the Bangladesh probably only 5% of them are busy from 4:00 PM - 6:00 PM. Marketing can't change behavior; it can only influence existing behaviours. Spend your marketing money where it will have the best return for your restaurant.

Usual Cuisine Marketing

It's sad really, but 80% - 90% of Cuisine restaurant marketing budgets are spent against new trial - getting a new customer to visit for the first time. This is the least effective place to spend money. The majority of new trial efforts are spent against mass media advertising, which is costly and has dismal return on investment. The fact is, new customer acquisition is 7-10 times more expensive than building restaurant sales through increased frequency, check average and party size. But restaurant marketing isn't always about what's most effective, more often, it's about what everyone else is doing. Restaurant operators see that their competitor is on television or in the yellow pages or on a billboard and that they should be too. They do this without regard for what's working. Restaurant owners have to wear so many hats that sometimes they just do what's easiest - they write a check for mass media advertising and hope for the best. Mass media is often more about feeding ego than driving sales. It's also impossible for most companies to compete in a toe-to-toe battle with the big Cuisine restaurant.

Examples of good restaurant marketing tactics

There are literally thousands and thousands of marketing tactics that one could employ to lift sales at Cuisine restaurant. This causes many restaurant operators to think that there is a silver bullet out there that they need to find. There are no silver bullets. One hit wonders may be out there to give you a big spike in sales, but those are rarely sustainable over time. Great marketing is about solid operational execution, effective positioning and the cumulative results of marketing inside the four walls of the restaurant and in the immediate trading area - not taking over the airwaves. That being said, some good examples of successful cuisne restaurant marketing tactics are email marketing, bounce-backs, affinity marketing programs, publicity through event marketing, partnerships with other local retailers and, of course, internal merchandizing such as bathroom signage and menu merchandizing.

Measuring the effectiveness of Cuisine restaurant marketing

If you cannot prove the dollars you spend persuade people to do business with you, you should not advertise. If you can't see a direct relationship between marketing and increased sales, your marketing isn't working. Compare the variances, period over period, for sales and marketing expenses to determine a correlation. It's amazing how frequently it is found that there is absolutely no correlation between sales and marketing. Because the actual relation is between each taka spent/invested and sales which shows a positive return on investment that could be measured. Before the measurement wasn't there, so it was hard to say with absolute certainty if the advertising was working or not.

Marketing Cuisine Restaurants being difficult ensures competitive advantage.

Effective restaurant marketing isn't easy. It takes a lot of careful research, analysis and testing. It's also ever evolving, which makes it even more difficult to master. The most difficult part is that restaurant owners are in the restaurant business, not professional marketers. But don't be discouraged. It's not all gloom. The fact that effective restaurant marketing is difficult to master is what can give you the competitive advantage. Resist the temptation to change everything at once or to go it all alone. You can start small and build your marketing competencies over time. In the beginning, do simple programs so you can execute them well and measure the results. And if you're not sure if your current marketing is working, save the money until the dollars invested persuade customers to buy more and buy more often.

Part 2

Objective

The general purpose of this research is to estimate what makes restaurants that serve foreign cuisines popular in Dhaka city. To investigate this, the popularity of a restaurant, “Mainland China”, would be analyzed. Based on this analysis a generalized overview would be provided.

Careful review has revealed the following objectives:

• To identify the customer base (consumers versus non-consumers) of this restaurant

• To identify the attractiveness factors of the restaurant

• What role authenticity of food plays in the success/failure of the restaurant

• Service and quality of the management and staff, specially needed to serve foreign cuisines

• The relevance of pricing versus household income in choice of restaurant

• The relevance of ambience and additional services

- Scope and limitations

Exploratory Research

When a researcher has a limited amount of experience with or knowledge about a research issue, exploratory research is preliminary step. The purpose of exploratory research is intertwined with the need for a clear and precise statement of the recognized problem. Exploratory research designs provide qualitative data. Usually exploratory data provides greater understanding of a concept or crystallizes a problem rather than providing precise measurement or quantification. It is inexpensive and fast. Because of the low number of respondents involved, these exploratory research methods cannot be used to generalize to the whole population. Exploratory research is conducted for three interrelated purposes:

(1) Diagnosing a situation,

(2) Screening alternatives

(3) Discovering new ideas.

To know and to understand the problem better, we conducted an exploratory research. Our exploratory research includes secondary data analysis, pilot study and focus group interview.

Secondary Data Analysis

We have looked into various secondary data to get insight about the problem. We have gone through the web resources related to what makes that serve foreign cuisines popular in Dhaka city. After going through several internet journals we have found out that people had varied choices and preferences about the restaurants .

Pilot Study

Pilot study is a collective term for any small scale exploratory research project that uses sampling but does not apply rigorous standards. A pilot study is a precursor to a full-scale study used to check if all operational parameters are in check. A pilot study can refer to many types of experiments, but generally the goal of study is to replicate the full scale experiment, but only on a smaller scale. Pilot experiments are also used to reduce cost, as they are much less expensive than the full scale system. If there is not enough reason to provide full scale applications, pilots can generally provide this proof. We conducted a Pilot study to know whether our research is going in the right way or not.

Focus Group Discussion

We wanted to arrange a focus group discussion to gain more information about the problem. But our focus group discussion could not appreciate by Mainland China manager. He did not want interview their customers. So for focus group discussion we get insight information about the preferences of customers form manager of Mainland China Restaurant .

Survey Research Methodology

Our main focus was on survey because we had to find out about the behavior of the consumers (target population) using a representative sample. It was the best research methodology for us because it was relatively easy and fast way to get accurate information although survey errors were possible such as random sampling error, non response error, administrative error or systematic error. On the other hand, experiment was too expensive and time consuming so it was unfeasible for us to do. We also could not use secondary data as no such previous research has been conducted from where we can get the information. However along with the survey we had conducted observation in order to better understand the problem at hand.

Problem Definition
People have divergence in their preference. The taste of every individual is distinctive and it differs by age, gender, life style, personality, income, social position and etc. As a result, the preference of females regarding their preference of foreign cuisines is also idiosyncratic. More over, as time passes on, a change in their preference is easily visible. Due to the change in preference as well as different reasons like attractiveness factors of the restaurant, role authenticity of food plays, service and quality according to serve cuisines , price vs. income, and other relevant additional service .

Hypothesis

From the problem definition we have come up with a hypothesis which is “ Producing cell phones based on the preference of the female customers along with the variety will increase the brand loyalty of the females of Dhaka city.”

Operational Definitions

We collected information through survey questionnaire for this research project. We asked customers of different age, occupation and income levels to fill up the questionnaires.

Relevant survey population

We visited Mainland China Restaurant in Dhaka city to identify the reason behind the popularity

Sampling unit

Our sampling unit consists of the 50 customers of Mainland China restaurant of Dhaka City and we considered every individual as a single sample unit.

Demographic variables

We kept a wide category of age having different ranges below 25,25-40,40-50 and 50 and above . We considered this division keeping in mind that the preferences might differ age wise. However due to all the categories being different psycho graphically, we did expected variance in the responses

Research Design

We designed our research processes according to the requirement of the subject. We used a logical and sequential process to find and interpret the nature of the problem. At first we used the Explanatory Research method to discover the problem. Our exploratory research includes secondary data analysis and pilot study. For the purpose of pilot study for our research we conducted focus group discussion. Focus group discussion gave us an idea about the problem and what the customers of Main land china Restaurant think. We did not arrange a Focus Group discussion of some members representing different segments. Because the Mainland china authority did not want to that. We basically interviewed the manager of Main land China. Then we went through our Problem Discovery and Problem Definition part. After defining the problem we went to the research design part. Here we decided who will be our respondents and how will we select them. We made sure that our respondents represent the greater population which we are trying to indicate. Then we developed a questionnaire for conducting survey and pre tested it on a smaller group of our target respondents. After correcting the questionnaire we conducted survey with the final questionnaire. We gave the questionnaire to Mainland China restaurant and they conduct the survey behalf of us. Finally, after conducting survey we used the statistical software (SPSS) to analyze the gathered data and find relevant information to prove or disprove our null hypothesis. We tried to find out ANOVAs, regression, frequency etc . We interpreted these data and made some recommendation on these findings

Part 3

Findings

Recommendation

Conclusion

Appendix &Bibliography

Similar Documents

Free Essay

Discuss the Benefits and Drawbacks to Both Parts of China of the Close Relationship Between Hong Kong and Mainland China

...parts of China of the close relationship between Hong Kong and mainland china Hong Kong has enjoyed the benefits of being a capitalist economy and independent from mainland China for over 150 years under British colony without much relationship with China. Even though Hong Kong is now part of China with a strong tie, the Chinese central government valued having a successful capitalist economy in the greater China, consequently they have agreed to preserve the capitalist economy in the Sino-British agreement 1984. In this agreement, China has agreed on preserving the capitalist economy for 50 years after the return of Hong Kong on the 1st July 1997. Hong Kong is now one of the two Special Administrative Regions (SAR) in China having an independent economy with ties to mainland China. This decision had a positive influence on both the Chinese and Hong Kong economy and contributed towards the rapid growth of the Chinese economy and the expansion of Hong Kong as a financial centre in the recent years because now Chinese firms are able to easily reach the international market from Hong Kong. On the other hand, it still has drawbacks and potential threats from China having strong relationship, a free-trade agreement with a capitalist economy such as; large firms with large sums of liquidity and stability moving out of mainland China to preserve its wealth. This paper will discuss the benefit and drawbacks to both parts from an economics perspective for Hong Kong and China having a...

Words: 1656 - Pages: 7

Premium Essay

Acer Case Study

...experience in marketing in those regions. It’s a people issue, not a product issue.” Shih has discovered that building brands in the business-to-business market is easier than building brands in the business-to-consumer market. “Business-to-consumer brands have more value but also face more challenges. People involved in business-to-business are usually rational, but consumers in business-to-consumer are usually emotional in choosing their brands,” he says. In 2000, in a major restructuring, Acer spun off its manufacturing operations. The reason: Shih wanted to transform Acer from a top 10 global PC manufacturer into a “marketing and services powerhouse.” Shih also refocused Acer’s distribution and marketing on the vast, fast-growing China market. Acer and other key Source: Dan Hartung/Getty Images. ISBN 0-558-55519-5 Global Marketing, Sixth...

Words: 1408 - Pages: 6

Free Essay

Ocean Park Analysis

...PESTEL Analysis Political Factor: Hong Kong was run as a laissez-faire economy under British colonial rule, and Hong Kong government continued using this system after the territory reverted to Chinese rule in 1997. The government announced the development for five tourism clusters to increase the attractiveness of Hong Kong to tourists including of Ocean Park. The mandate of Ocean Park Corporate was to manage Ocean Park as a public and recreational park and to provide facilities for education, recreational and conservation activities to the public on a self-financing basis. The Chinese government launched the individual Visit Scheme (IVS), lifting restrictions on the travel of mainlanders to Hong Kong in response to the impact of SARS. The scheme allowed mainlanders from designated cities to travel to Hong Kong in an individual capacity rather than only on a business visa or in a group tour as before. The government also reshuffled the Park’s board of directors and appointed new members to replace half of the board. Economic Factor: The park was dealt with the outbreak of the Severe Acute Respiratory Syndrome (SARS). As tourists shunned Hong Kong and Hong Kongers stayed home as much as they could, attendance at the Park fell by about 70%. Investors in the theme park industry had increasingly turned their eyes to Asia. Analysts forecasted industry growth for Asia at 5.7% between 2005 and 2009. Asia has population of more than 3.7 million. The management saw...

Words: 4168 - Pages: 17

Free Essay

Pest Analysis

...change in the environment for an organization of your choice. Critically analyze the impact of these changes on the market and the corresponding strategies to tackle these changes. I would like to propose milk powder in the mainland China as an example to illustrate the PEST analysis. Political - The political arena has a huge influence upon the regulation of businesses, and the spending power of consumers and other businesses. ➢ In the mainland China, the government had passed regulation limiting families to one child each in 1970s. People used to have four or five children in their families and now reduced to one or two. As a result, the birth rate had been declined significantly in the past decades. Less and less infants are born which means that the sales of the milk powder to the families for their infants would be declined as well. ➢ The Chinese government was running protectionism which meant that it imposed heavy taxes on the imported good. Most of the milk powder was transported to mainland. The selling price of milk powder was very high. Economical - Marketers need to consider the state of a trading economy in the short and long-terms in which affect the consumer purchasing power and spending pattern. ➢ The economy in China had been booming in the past decades. People’s incomes have been increased among the cities. They are willing to spend more on their child. They are much more affordable to purchase the milk powder for their child Social...

Words: 694 - Pages: 3

Free Essay

China's Geography: Video Report on Taiwan

...Yajing Zhang Professor Sun GEOG 324 November 27, 2013 Video Report #5: Taiwan Kyde and Eric, who, I believe, are an American couple working and living in Japan, videotaped these five series of videos. From the conversation between them, I think their work seems to be very busy, so when they finally got a chance to take a break, they decided to go to Taiwan. They not only taped the landscape but also themselves. They introduced everyplace they went, they also talked about their feelings at those places. I was really enjoying watching their videos, since their videos make me feel that I was with them in Taiwan. They had been to many places in Taiwan. They start from Taipei, and they went to many small towns and a couple of national parks. Wherever they went, they talked about the food, the hotels, the landscape, and some interesting phenomenon. In general, these videos are very interesting, and they show a lot of things about Taiwan. The first video was basically about the reason why they were going to Taiwan, and the first day in Taiwan. And the first day was all about the food, especially the food at night market. There is very interesting scene on the first day. When they were talking about the bad smell in the night market, I saw a sigh “fried stinky tofu” behind them. This is a cultural difference, they might think the food was terrible because it smells such stinky, they never knew it tastes very delicious. The following days, they continued to explore the city...

Words: 507 - Pages: 3

Premium Essay

Marketing Strategy

...Strategy Part A: (1) Key Social-Cultural trends in Hong Kong over the past decade. Hong Kong is a special administrative region of China. It is densely populated with an advanced capitalist system. Key events having cultural and social effects include the handover to China, SARS and the emergence of China as an economic power. The CIA lists Hong Kong as having one of the slowest growing populations in the world, ranked 155 with a growth rate of 0.504% per annum. It has one of the highest life expectancies ( 81.86 years, ranked 6), has very low birth rates ( 7224 births/ thousand – ranked 224) and low infant mortality rates. The ratio of men to women has changed over the past decade. In 1999 49.4% of the population was male but this figure had decreased to 47.7% by 2009 ( The Census and Statistics Department ). As a practical matter, these trends stand to complicate the prospect of maintaining rapid economic growth- perhaps severely ( Eberstadt 2007 ). Economically, Hong Kong is still a major financial centre and a leading gateway into China. However, Hong Kong’s economic interaction with the Chinese mainland has grown deeper and broader over the last 10 years, increasing the city’s economic connections with China ( Martin 2007 ). Current economic and trade dynamics have raised concerns that Hong Kong’s relationship with China will shift in the long run from one of synergy to full intergration, possibly undermining the HKSAR’s “high degree of autonomy”. There has...

Words: 3314 - Pages: 14

Premium Essay

Retail

...A Suggestion to improve HongKong Suning’s customer service 1. Introduction: Established in 1990, Suning is the top one appliance retail operator and E-commerce in China. It is the commercial leader in China. Among China’s top 3 privately-run enterprises. As the largest commercial retail enterprise in China, Suning Commerce ranks first among top 500 Chinese private enterprises with the brand value of 95.686 billion yuan. In July of 2004, Suning Commerce (Suning Appliance (002024)) was listed in Shenzhen Stock Exchange, thus having become the first listed Chinese home appliance chain enterprise featured by IPO, with its market value ranking in the first tier of home appliance chain enterprises worldwide. It has 180,000 staff with annual sales revenue 230 billion yuan. At the end of 2009, Suning enters Hong Kong market through the cooperation with Citicall Hong Kong which had been incorporated into Suning’s business entity. On Mach 1st 2010, Suning officially launched direct headquarter in Hong Kong, naming Hong Kong Suning Commerce Co., LTD, which takes retail and trading of electronic appliance as its main business. By the year of 2013, Hong Kong Suning has total 28 stores in Hong Kong with nearly 600 employees and its annual turnover reaches HK$ 9 billion. 2. Marketing Mixes: 7PS analysis 2.1 Target Customers Hong Kong Suning targets at three types of cutomers: (1) Local customer. According to the statistics released by the Census and Statistics Department...

Words: 2464 - Pages: 10

Free Essay

Topshop Takes Hongkong

...Topshop takes Hong Kong Introduction to Topshop Topshop, founded in 1964, is part of the Arcadia Group, which also owns other retail outlets like Dorothy Perkins, Miss Selfridge, Wallis and Burton. Currently it has 137 international franchises in 37 countries. Mainly known for its women’s clothing, Topshop’s product ranges from clothing, to shoes, to fashion accessories. Additionally, it has also expanded into the e-commerce arena in several markets that they are operating in. Being a multinational retailer, Topshop is step closer to becoming a global brand by opening its first store in Hong Kong recently. Mode of Entry In order to gain familiarity with the local environment and culture of the Chinese market, Topshop joint ventured with LAB Concept, the new retail subsidary of luxury department store Lane Crawford. This allowed Topshop to be more aware of culture sensitivity, in terms of its’ products and promotion in the Chinese market, and benefit from government support. Topshop manages the merchandising, while LAB Concept manages the operation. Findings Controllable Factors * Product Topshop is often seen to collaborate with local designers and celebrity to attract local customers, when venturing into the new market. An example would be Topshop in Brazil. Topshop collaborated with Greek designer, Mary Katrantzou, that generated a buzz of excitement among the brazillians. In the recent regular show at London Fashion Week, Topshop introduced the new “Unique” line...

Words: 2113 - Pages: 9

Premium Essay

Hrm Hotel

...Foundation of HRM Contents: * Executive Summary | P. 2 | * Chapter 1. Introduction | P. 3 | * Chapter 2. Situational Analysis | P. 6 | * Chapter 3. Job Analysis | P. 12 | * Chapter 4. Performance Management | P. 14 | * Chapter 5. Conclusion | P. 18 | * Reference | P. 19 | Executive Summary In this report, we used Best Fit model in Hong Kong Gold Coast Hotel. This report provides analysis and evaluation to measure an F&B manager’s performance in the hotel and provides the relevant rewards. We suppose the F&B manager is a man. We analysis the internal and external situation for the hospitality industry to find out the opportunities and threats to see that how our hotel can get the benefit through the opportunities. Then we have the job analysis to formulate what employee is suitable for the position, so we decide to draft the job description and job requirements. According to the job analysis, we have to set some standard to measure the employee’s performance. After that we use different appraisal methods to evaluate the employee and give some rewards to him based on his performance. Chapter 1. Introduction Our objective is using the performance management program to increase the F&B manager’s performance and enhance the performance of F&B department to catch the opportunities that we found in situational analysis of best fit model to increase the company’s competitive advantage to achieve the company’s goals...

Words: 3579 - Pages: 15

Free Essay

Wahaha

...covers millions of customers all over the world. However, it recognizes the need to constantly improve and take on steps to expand their market share and take control of the global insurance domain. This paper shall look into the current strategy of Sun Life Financial and consider the strategic alternatives which it could acquire to ensure that it sustains its development. II.    Current Strategy Sun Life Financial’s current strategy is apparently focused on the expansion of their market share. It seeks to establish a global presence by establishing alliances in strategic world markets. With its headquarters in Canada, the Asian market is slowly being acquired with alliances with influential corporations in the financial industry of Mainland China and Hong Kong. With this stated fact, it appears that the company prefers to enter...

Words: 1703 - Pages: 7

Premium Essay

Fdsf

...Name: Sarah Hong Kong's Troubling Shortage of Men 홍콩 남자 부족의 문제 Due to a growing gender imbalance, the territory's women have undergone drastic measures—from love coaches to liposuction—to meet a suitable partner. 성별 불균형 때문에 그 영토의 여자들은 적절한 파트너를 만나기 위해 극단적인 방법인 love coach들로부터 지방흡입술까지 시련을 견디고 있다. DAVID COXDEC 2 2013, 7:00 AM ET China’s just-loosened one-child policy has warped the country’s gender ratio over the past 34 years to the extent that by 2020 there may be almost 24 million men unable to find a partner. But in the special administrative region of Hong Kong, a jurisdiction not subject to the mainland’s laws, the landscape is startlingly different. The territory’s 2011 census revealed that there were 209,000 women living alone, a figure that is rapidly rising. It’s believed that one in five Hong Kong women born today will remain single for the rest of their lives. 중국의 느슨한 한 아이 정책은 비뚤어지고 있다. 중국의 성비는34년넘게동안 2020년까지 거의 2400만 남자들은 파트너를 찾을 수 없었다. 그러나 특별한 행정지역의 홍콩관할구역에서는, 본토의 법에는 문제는 없고 그 풍경은 놀랍도록 다르다. 2011년 영토의 인구조사는 209000명의 여자들이 혼자 산다고 발표했고 그 수치는 빠르게 올라간다고 하였다. 홍콩여자 5분의 1은 오늘날 여전히 그들의 남은 여생을 싱글로 남아있다. Phoebe, 24 and a newly qualified lawyer, is already feeling pressure to find a life partner in the next couple of years. “Most of my single girl friends are all panicking about finding their other half now because men have a tendency to favor younger girls,” she explains. “Asian men seem to be attracted to girls around 25 rather than girls over 30, so if we don't...

Words: 2142 - Pages: 9

Free Essay

Essay Exemplar

...CUE 2013-14 Written Exam Exemplar – Essay Overall Strengths of this essay based on the following Assessment Criteria Criterion 1 (C1): It offers a clear organization and cohesion, guiding the reader to follow the arguments in the essay with an introductory outline that indicates stance, topic sentences, summarizing sentences, references to previous paragraphs, linking devices, and an appropriate conclusion. Criterion 2 (C2): It answers all parts of the question. It shows a clear, consistent, nuanced and hedged stance throughout, and acknowledges the complexity of the issue and limitation of arguments. It supports relevant arguments by integrating various types of appropriate evidence from different sources. Criterion 3 (C3): It showcases a wide range of appropriate vocabulary and grammatical structures to convey stance and arguments. Criterion 4 (C4): It is consistent in the use of citation and referencing, and follows the guidelines in the Citation and Referencing Style Guide for use in the CUE exam. There is no plagiarism. Ideas / data taken from the reading texts have been paraphrased or directly quoted using quotation marks. Note: Refer to legend “C1, C2, C3, C4” in the annotations for detailed explanations. Should the University of Hong Kong be internationalized? 1) Identify the objectives of implementing internationalization in Hong Kong’s universities; 2) Discuss the criticisms of implementing internationalization in Hong Kong’s universities;...

Words: 1925 - Pages: 8

Free Essay

Hi, You Are Beautiful

...Found in 1938, Kee Wah Bakery has grown into a company with over 50 outlets worldwide, with business filaments that stretch from Hong Kong to Taiwan, Mainland, Japan and United State. Kee Wah Bakery currently provides over 500 products that fall broadly into four main categories, including mooncake, Chinese bridal pastries, snacks and daily fresh baked products. Kee Wah's mooncakes and Chinese bridal pastries are especially popular among the categories. In addition, Kee Wah has introduced the "Kee Gift" souvenir series. The series include a variety of traditional Hong Kong pastries and snacks, Chinese pastries and mooncakes. Through the souvenir series, Kee Wah Bakery aims to introduce not only a unique but also a wide selection of Hong Kong food culture to all over the world. In the past decades, Kee Wah only used finest ingredients to satisfy the demand of our discerning customers. In addition to the persistence in emphasizing on premium food quality, food variety and elegance packaging, Kee Wah products have become ideal options for gifts and self use. Found in 1938, Kee Wah Bakery has grown into a company with over 50 outlets worldwide, with business filaments that stretch from Hong Kong to Taiwan, Mainland, Japan and United State. Kee Wah Bakery currently provides over 500 products that fall broadly into four main categories, including mooncake, Chinese bridal pastries, snacks and daily fresh baked products. Kee Wah's mooncakes and Chinese bridal pastries are...

Words: 517 - Pages: 3

Premium Essay

Blue Ocean Review

...not necessarily familiar with managerial terms. Additionally, their multiple illustrations and steps under each principle allow readers to observe and learn the different phases of crafting a strategy. A Must have Tool for the Next Generation of Business Leaders Blue Ocean Strategy has already benefited numerous companies and has received stellar reviews. Its authors have already been listed amongst the top 10 most influential thinkers of 2007 (The Thinkers 50 biennial poll of business thinkers.) The Strategy has emerged as one of the most important business strategy in the new globally competitive markets. An evidence of that is the acknowledgement of this business strategy by senior executives in China as a ‘Top 10 China Management Practices’ (source: Chief Executive China, the largest-circulation management...

Words: 290 - Pages: 2

Free Essay

Japan and Hong Kong Investment

...Invest in Japan ___________________________________________________________ Hong Kong's close economic ties with the Mainland are well known. However, our economic links with Japan are less well publicised. This is all the more surprising when you consider the importance of trade and cultural exchanges. Japan is Hong Kong's 3rd largest trading partner and our 2nd largest source of imports. In fact, Hong Kong has been Japan's largest overseas market for food and agricultural products since 2007. Investment ties between the two partners have never been stronger. Among the 7,000 overseas companies which have a base in our city, more than 220 regional headquarters were set up by Japanese companies. An additional 900 Japanese companies have also set up regional and local offices here. This makes Japan the 2nd largest group of overseas companies next to the United States.  As more Japanese companies set up regional headquarters in Hong Kong, the relationship is set to grow even closer. Japanese firms have also been expanding globally, driven by mergers and acquisitions. Total outbound direct investments by Japanese firms reached US$119 billion in 2014. The level of FDI into Japan, on the other hand, has historically been low for an advanced economy. But that is starting to change. FDI in Japan reached US$2.3 billion in 2013, an increase of 33% from the previous year. In 2014, FDI in Japan surged 285% to reach US$9 billion. The amount is still some way from Prime Minister Abe’s...

Words: 377 - Pages: 2