This article analyzes Hotbox, a take away food business, including its products, legislation, regulations, risks, and risk management strategies. It also outlines techniques for developing organizational values.
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Question1. The business in the food shop called Hotbox. This shop has both retail and facility of home delivery. The products that will be provided are the Home made food with the option of customisation. The food will be served on the plate as well as different varieties of dishes. It is mainly the Take Away business. Question 2. legislation, regulations 1.Food Standards Australia New Zealand Act 1991 2. Food Act 2006 and Food Regulation 2006 (QLD) 3. Food Production (Safety) Act 2006 4.Food Production (Safety) Act 2000 Codes of practice 1.Food Safety Practices and General Requirements 2.Food Premises and Equipment Question 3. RisksRisk management strategies (a) intellectual property rights and responsibilities 1. It is the risk if there is no trademark of the name then brand name can be misused by anyone The first step that to trademark the brand name of the company that is necessary for the company 2. The new variety of the food product is been protected by taking the patent rights It is the risk that someone copies your innovative product and when the product has the patent that has been taken by than you have the right to sue him and claim the
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damages. (b) other risks 1. The other contents such as food blogs, picture and advertisements are the subject of Copyright The blogs and photos have the right off the owner and no one has the rights other than owners to use that images, advertisements of the product and there has been the advertisements of the case 2. The other risk like licensing that is required for selling of some goods The owner has the responsibility that all legal formalities shall been fulfilled and all licensing related t products shall been taken by him. Question 4. MethodDescription PESTPolitical The political factors state that the trends affect the industry of food. It has been added that are healthier options in their menus. It has been pushed for lower sodium and intakes of sugar. Economic The countries unemployment rate can affect the food business. The unique products rates of the products are little higher. Social Factors The shift has been based on the trends on the demand of the consumers. The health is the focus in Australia and therefore it will be the major factor. Technological Factors The technology plays an important role in the food industry because the packaging, labelling of food can be done and it provides to create a competitive edge in the market (Hiller, Day, and Vance, 2009) SWOTStrengths The quality and safety of product The input material taken from the low input materials The growth of domestic market and economy is resilient The stability of political system Weakness The cost of freight is high for reaching
the market The margins claimed by companies are already low The unemployment level is low and the completion of for the skilled and unskilled labours are high Opportunities The increasing population is the main factor in Australia to target more customers The increasing demand for the home mad and customised food Threats The Australian dollar has a great impact on the competitiveness of the domestic industry The expansion of the private label range of the two big retailers Other: 1. There are other factors such as market instability and dynamic nature of market can affect the business and have a wide range in the business. 2.The other factors depend on the nature of business. The store should be dynamic to face the challenges of the company (Swinburn, Crino, Snowdon, Trevena, Vandevijvere, Mialon, & Sacks, 2017). Question5. Identify the internal and external sources of information relevant to the business's market, competitors, customer base, vision, values and capabilities. List at least one (1) for each. BusinessInternal sourcesExternal sources MarketThe internal news from the employees from various journals, newspapers By conducting the market research such as surveys, questionnaires and other reasons CompetitorsThe competitors from the internal news that has been analysis the case that has been analysed the case The competitors that has been analysed the case that has been activated Customer baseThe customer’s base is from the data of the old companies. The questionnaires, surveys help to find out real data of the customers VisionThe vision has been made by the owners to achieve the growth by making a Through other companies strategies and implementation of policies
systematic business plan ValuesThe value that has been made the case that there are various laws that has been made in accordance with the case The value has been generated from the various theories like stakeholders and other ethical theories CapabilitiesThe capabilities that has been made in accordance The capabilities can be built by implementation of proper strategic plans and can take reference to the successful business of food outlets Question 6. Outline techniques for developing organisational values. Briefly describe at least two (2). 1.The diversity is required and proper customer service as when the customer enter into the store that there is a diverse staff and the client been happy and has been provided with quality food. 2.It has been outlined the talent will be required for the set of values of the store. It is required to be focus on the values that is required to be focus on the issues (Annison, 2018).
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References Annison, G. (2018). When compromise is not the best ingredient.Food Australia,70(4), 30. Food Act 2006 and Food Regulation 2006 (QLD) Food Production (Safety) Act 2000 Food Production (Safety) Act 2006 Food Standards Australia New Zealand Act 1991 Food Standards. (2018). Primary Production and Processing Standards. Retrieved from: http://www.foodstandards.gov.au/industry/safetystandards/pages/default.aspx Hiller, N.J., Day, D.V. and Vance, R.J. (2009) Collective enactment of leadership roles and team effectiveness: A field study.The Leadership Quarterly,17(4), pp.387-397. Swinburn, B., Crino, M., Snowdon, W., Trevena, H., Vandevijvere, S., Mialon, M., & Sacks, G.(2017).RESEARCHPAPERComparisonoffoodindustrypoliciesand commitments on marketing to children and product (re) formulation in Australia, New ZealandandFiji:,icheleCrinoandBoydSwinburn.InBigFood(pp.82-102). Australia: Routledge.