THE PIZZA RESTAURANT

PIZZA RESTAURANT 1
Pizza Restaurant
Name
Course
Tutor
University
City/State
Date

PIZZA RESTAURANT 2
Introduction
The establishment of a pizza restaurant requires adherence to various regulations and
analysis of various economic factors that can affect its operations. In this case, legislations such
as corporations Act and Queensland Food Act play a vital role.Moreover,the external
environment such as market structure and pricing and forces of demand and supply also impact
the pizza restaurant. Thus, it is the careful analysis of both the legislation and economic
dimensions that will translate to the successful operation of the pizza restaurant.
Diagram of the concept map
External environment
1.Market structure and
Pricing
2.Demand and supply
3.Elasticity
Legislations
affecting
1.Corporations Act
2001
2.Queensland Food
Act 2006
3.NSW Food
Authoriy
4.Competition and
PIZZA RESTAURANT

PIZZA RESTAURANT 3
Relevant regulation and its importance
According to the Corporations Act 2001, any entrepreneur will be required to have a
registration for their company if they seek to run an enterprise in Australia. Thus, a public or
proprietary enterprise in Australia suffices if it gets registered by the Australian Securities and
Investments Commission, commonly known as ASIC. Though applying for a reservation of an
enterprise name is optional, it assists an applicant to reserve their proposed corporate name prior
to getting registered.
The Queensland’s Food Act of 2006 ensures that the sale of food for human consumption
is not only safe but also fit. Moreover, it shields from engagements in misleading behavior
regarding the purchase of food, thus facilitating the use of the Food Standards Code. The Act is,
therefore, imperative in ensuring that there are systems of control that regulate food from
preparation, handling, and sale of such commodities. Also, it establishes offenses that are
contrary to the Act and offers prosecutions and penalties for such vices. Thus, it provides a guide
that enables all food enterprises and individuals to comply with as per the Australia New Zealand
Food Standards Code.
The NSW Food Authority collaborates with the local councils at the level of retail
enterprises to frequently inspect hotels, cafes, and other eating joints to ascertain compliance
with regards to the Food Standards Code (NSW Government, 2019). The NSW Food
Authority is vital as it ensures that proprietors of food ventures become responsible for ensuring
that all individuals who handle food or are in the food environment indulge in healthy practices.
It also provides that food supervisors have the required knowledge and techniques to handle food

PIZZA RESTAURANT 4
conveniently. To adhere to the food compliance, such employees will not need skills and
knowledge for other occupations in the business. In this case of a pizza restaurant, those who will
be making pizzas will need skills and knowledge that are different from those who will be
cleaning the premises.
The Food Act 1984 is vital legislation that ensures regulations with regards to the sale of
food (Victoria Government, 2017). Thus, food proprietors are mandated to be solely
responsible for facilitating that the food they sell to their clients is not only fit for consumption
but also healthy. Such legislation is imperative as it provides for various penalties and defense to
those found breaching food laws. Such regulation is vital for a pizza restaurant as it will ensure
that all the pizzas are safe for consumers and also eliminate chances of food poisoning that arise
in such restaurants.
The competition and consumers Act 2010 is a clear manifestation of enhancing the
consumers’ welfare through improving fair trading practices and competition and also offers
protection of consumers from unscrupulous business traders (Australian Competition and
Consumer Commission, 2019). It encompasses various areas such as food safety and labeling
in this context, unhealthy market practices, and price monitoring, among other issues. Such an
Act is crucial for a pizza restaurant as it will shield it from unhealthy market competition from
market leaders who tend to charge cut throat prices aimed at driving new or other competitors
out of business.
Economic concepts and their importance
Market structure and pricing