The George Foreman Grill Case Study: Entrepreneurial Venture and the Art of Selling

Kessler visited the restaurant Chili’s Grill and Bar in Chicago O’Hare Airport and complete research by viewing a couple eating lunch, he noticed that the female was overweight and consumed a significant amount of food. He discusses the event of another woman that ordered Chili’s Kickin Jack Nachos, she completed two-thirds of her dish and then pushed her plate away from her place at the table, only to reach over the table and finish the remainder of her dish. While at Chili’s Bar and Grill, Kessler would ask servers and managers what ingredients were in his dishes, and his question was often answered with a question and no answer. The popular bakery Cinnabon began its expansion in 1995, after its initial family setting that included a

Bygrave, W.D. & Zacharakis, A. (2014). Entrepreneurship, 3rd ed. Hoboken, NJ: John Wiley & Sons, Inc. ISBN: 978-1-118-58289-3

Slowly he became market leader for that product. Entrepreneurship has been defined by several researchers as the progression of making a product or service valuable by gathering a distinctive set of resources and opportunities. This procedure comprises the set of accomplishments to recognise opportunities, business classification, evaluation and obtaining the essential resources, management and getting positive results. Furthermore, entrepreneurship has been seen as an organizational coordination that underlines the three extents: innovation, taking calculated risks and proactive orientation. There are many indications to provision the idea that the businesses which were engaged in entrepreneurial practices have been most effective and successful (Hills, Hultman & Miles, 2008).

People are always trying to get more out of the resources they already have or in other words trying to be more efficient. Bryan Gilvesy’s YU Ranch is only 240 acres with the exception of the additional land that is rented. I propose the YU Ranch set aside fifty acres to farm medical marijuana.

“The world is full of people who want to play it safe, people who have tremendous potential but never use it. Somewhere deep inside them, they know that they could do more in life, be more, and have more -- if only they were willing to take a few risks”- George Foreman. George Foreman certainly carried this quote with him throughout his life. He was never afraid to take risks when people would say he is to old to box he would take a risk go out there and prove them wrong. George Foreman is without a doubt a true modern day Renaissance man.

Mankind has thrived off of the dependability of ideas and the application of them for centuries. Moreover, humans have sustained healthy lives through developments and inventions that have improved the world around them. From the earliest Mesopotamian creation of the wheel to Apple’s recent release of the iPhone 7, groundbreaking revelations have perpetuated and molded human survival in some aspect. Anyone can generate an idea, but rather, it is the ability to transform that idea into a development that is valued by many--which is what makes being an entrepreneur remarkable. Entrepreneurs are some of the keenest, most creative, and passionate people that walk the earth.

In its nautically inspired and chic eatery, Ke’e Grill serves classic American fare with a seafood emphasis. Appetizer options include the spicy volcano grilled shrimp, the mussels rustica in a tomato and white wine sauce and the baked blue crab cake with a tangy sauce. House specialties include the macadamia nut crusted yellowtail snapper with tropical fruit salsa, the baked grouper with crispy lobster gratin and the seasoned bread crumb-topped broiled sea scallops. Ke’e Grill also has a delectable array of meat entrees, such as the Hawaiian marinated filet mignon, the grilled maple mustard center cut pork chops and surf and turf combination meals. For a sweet end to your dinner feast, try the strawberry shortcake with fresh whipped cream.

Five Guys is a large fast-food chain restaurant that stands out among the rest. They have different philosophies that set them apart from other fast-food companies. Many of the values that Five Guys started with have made them succeeded and are still a huge factor in their success today. After being around for seventeen years, Five Guys decided to start franchising the company, which lead to a large success in such a short amount of time. We will also discuss the ethical and social practices that Five Guys have that are a part of their company.

George should focus on a market for his restaurant, that being, a family-style diner with family-like staffs because he already had that concept envisioned throughout his childhood. From the case, the vast majority of customers are seniors. To broaden Dundas Street Grille’s target market, discounts can be given to students on certain days of the week to attract the younger generation. Moreover, seniors can receive a promotion for those who bring along their family members. In the end, the restaurant will foresee a steady growth in revenue and profitability due to the expanded customer base.

Gordon Food Services, known as GFS Canada distributes fresh foods, canned and dry foods, fresh and frozen meats, seafood and poultry, special orders, equipment supplies and cleaning chemicals across all provinces of Canada. GFS Canada is one of the largest foodservice distributors in Canada.

From my upbringings inside my parents’ takeout restaurant to starting my own business, entrepreneurship was destined to not only be a scholastic interest but also my personal passion and life-long devotion. As I grew up watching my illiterate parents move to the United States and build their own small business, I learned the importance and value of engaged entrepreneurship. In high school, I began applying that knowledge in my own venture: an export company specializing in consumer discretionary. The experience fueled my love for entrepreneurship because it taught me how essential it is

Every month we have to order office supplies and medical supplies. Most often than not we order a bulk of our supplies from Henry Schein for our medical supplies. It would help is if they would have a easy ordering system. Currently, it is hard to search for items and prices that you need you have to setup an account and login. It would help our organization if Henry Schein could break down their supplies into different bulks. There are times you have to purchase things in large bulks that they could expire before they are used and we lose money.

As mention before, Restaurant Brands International is a merger company that contains Burger King, a coffee shop and a restaurant called Tim Hortons. Since it was a merger that occurred in 2014, there isn’t much info for the company; however, since Burger King has been almost as old as McDonalds so much of the info will come from Burger King. Burger King is practically the same as McDonalds created in 1950s yet a few years later after its competitor was born. The main difference of how it was created was that Burger King started off like a stove and that name of the stove was named Insta-Boiler.

Golden Valley Foods, Inc. is a 127-year-old company that prepares packages and sells canned and frozen foods which include fruits, vegetables, pickles and condiments. Golden Valley has more than 30 processing plants in operations and annual sales of approximately $650 million. Much of Golden Valley’s management staff comes from their parent company with the previous president saying “The influence of our old parent company is still with us. As long as new products look like they will increase the company’s sales volume, they are introduced. Traditionally, there has been little, if any attention paid to

Answer to Question 1. MITRE is following the committed expert strategy. Its recruiting focus is targeted. MITRE does not resort to broad recruiting channels because it’s costly and doesn’t attract the right kind of candidates. MITRE mostly uses internal sources to hire new people. The company’s current employees do most of the recruitment and, in return, they get bonuses and opportunities to improve their team by suggesting candidates that they find suitable.