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I ONLY NEED A TOPIC SELECTION, CONCEPT AND THEME FOR THIS QUESTION The final pro

ID: 399277 • Letter: I

Question

I ONLY NEED A TOPIC SELECTION, CONCEPT AND THEME FOR THIS QUESTION

The final project for this course will be the initial sections of a business plan for a free-standing restaurant concept. You will select the concept and develop the concept, perform marketing research to substantiate the concept, and perform an advertising and promotional campaign to support the generation of revenue. As you think about your concept, make sure it is something you are interested in and can find information about, as you will be spending considerable time with this project! Please take a look in the Files section of the Course Menu for some notes on how to research and develop a business plan.

A restaurant or food service business plan is required for the course. The paper should be no less than 4,000 words (approximately 10-12 pages) and formatted in APA or MLA style. At least 6 authoritative outside references are required (anonymous authors and Web pages are not acceptable). These should be listed on the last page titled according to APA or MLA standards.

Other considerations include the following:

Image and perception

Theme

Operating policies

Hours of operation

Employee image

Valet parking

To go services

Availability of product

Style of service

Verbalization of the target market and its needs

Product

Menu item

Portion sizes

Recipe

Size of production and costing out

Service equipment and supplies needed

Price

Menu pricing (determine costs of each item)

Pricing philosophy

Cost/value relationship statement

In evaluating your concept development, you must determine your targeted niche customer and focus on within 1, 3, and 5 miles of your restaurant site. This is accomplished by market research including customer surveys, customer interviews, observation of customer behavior, and focus groups.

Deliverables

Be aware of the following deadlines.

Topic Selection, Concept, and Theme (due Week 2): Please submit your chosen topic, concept, and theme for my approval. You will be given feedback to make sure that you're on the right track for this assignment.

I ONLY NEED A TOPIC SELECTION, CONCEPT AND THEME FOR THIS QUESTION

Explanation / Answer

Topic: Ethical decision making in the fast casual restaurant industry.

Concept: The plan must identify the scenarios where ethical decision-making will be applicable in the restaurant industry. Also if there is a compromise between ethics and business, what should the restaurant choose for its long-term sustainability. The plan must also highlight the opportunities and threats in incorporating ethical decision-making in the strategy of restaurant.

Theme: The business plan paper must be around the lines of how Chipotle became an example for ethical decision making in the fast casual restaurant industry.