Business Missions, Visions, Objectives, Goals & Core Competencies
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Added on  2023/03/24
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This presentation discusses the missions, visions, objectives, goals, and core competencies of a fast food restaurant in the UK. It also explores the factors to consider and techniques used in developing a strategy plan. Topics covered include consumer needs, competitor directions, pricing strategy, and brand value.
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BUSINESS STRATEGY TASK 1
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Business missions, visions, objectives, goals & core competencies CLIP TOWN RESORT is fast food restaurant of united kingdom. It is the fast food center in UK. It is having good speed of services, providingthebesttesteroffoodandgivingmemorabledinning experience. This restaurant also providing the extra facilitates of like night them. It is also attractive feature of the restaurant for UK people. Strategy decision lead a company to achieve it is goal for organization strategy. It is use strategics direction to archive its goal becoming most successive fat food restaurant in UK.This company also having some mission, vision, objective and goal-
•Mission of restaurant:Serve great taste food, being joy of eating food Objective of restaurant •Give customer to unique and unforgettable dinning experience. •Maintain Better relationship with customer and providing services, quality and competitive price. •Give happiness, joy through the art and music with Delius food. •Aware with responsibility and cleaning safety and attractive place for guest •Employee also enjoying work with sound management practices,
•Vision of restaurant:Loveable brand for the customer. Goal of restaurant •This having value in the family. •Make lovable brand •Having grate tasting and quality systematic widest store network in the UK and other country.
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Core competence of restaurant •Represent core skill and knowledge around themes of fast food, consumer awareness, best cooking and also providing an essential bench mark •This is progressive and cumulative from different age. •Reflect on UK practice •Aim to help children and young people to develop the skill and knowledge to food.
P1.2 Factor of considered •Consumer need-Consumer have some need and want through any type of business. So this business is fully depended on the consumer taste, fun and liking and need. UK FAST FOODrestaurant play most role in this. It can easily understand the cultural and a customer having taste quality. •Competitor directions-In UK having lots of fast food restaurant but customer attract to having different type of quality. So this restaurant wants unique either is not done impact on others. •Pricing strategy– This factor is also affected the consumer and restaurant culture Because costly restaurant not going on in the profit. Consumer will not come in the restaurant. So CLIP TOWN RESORT restaurant using best pricing strategy so customer will be satisfy with that.
•Brand value-It is give the advantage of any ruining business. It is created the loyalty of customer and set the consumer mind set up it is give the value in market and unquiet features also developed marketing value .
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P1.3 Techniques use in developing strategy plan •BCG MATRIX
•It is providing help to search those are of the business deserve more investment. Question mark •Is defined high market growth and low market share. Market share is continued low in the chicken dishes then restaurant will consume lots of amounts consume restaurant so they want to invest in the kitchen. Dogs mark •It is believed in the both type of low market share and low market growth. I the BRITANNIA fast food restaurant is categorized as dog it means this is weak in the market continuously facing problem in earn profit.
Stars marketing •Model it believing in the high market growth and high market share. it is having great opportunities for growth in business. Britannia fast food is increasing share and market growth in pannier dishes then they want to started pannier related dishes. Cash cows •It is depended on the low market growth and high market share it shows business is going on well condition like restaurant sale each quantities in sale pasta and pannier diereses then they giving market share and customer is coming choose this dishes show condition so business is going on decline not loss.
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PORTER 5 FORCES •This is useful for understand CLIPTOWN RESTRO fast food restaurant environment affect profitability. These having 5 factors •COMPETITIVE RIVALRY– It is factor doing help to understand competitor strength. It is also compered restaurant product to different. In this also find the reason of customer go anywhere •SUPPLIER POWER. -In thighs determine restaurant supplier to increase their prices. This is defined restaurant pis unique to other in services speed so fast and serving of food style is different. It is give the alternative of cheaper price. •BUYER POWER- Restaurant is purchase product with few save customer then they have more power but its power is when increasing then having many customers.
•Threat of substitute-in this restaurant not give good qualities then customer will be sifted in another restaurant but it gives best chicken core in front of chicken pizza then customer shifted the chicken corn. •Threat of new entry – in this case restaurant facing problem when new restaurant open with new qualities. Then they want to need improvement and something innovation.