Sme

Individual Assignment of BUS 203 ¡V Exploring SMEs Introduction The aim of this date is to identify an issue or problem situation in a named brass section they have access to and the chosen organization¡¦s name is ¡¥Shea Wong Biu Restaurant¡¦ has been established in the division 1982. A brief history background about the possessor ¡¥Li¡¦ as the following: Li¡¦s originated life story was in the 60¡¦s as a proletarian of mechanic. Then at the year 1972 he has begins his lifetime go in food industry. After 10years of experiencing, he had his very completeset printing SME established - ¡¥Shea Wong Biu Restaurant¡¦ in a sole bargainer business, an old fashion but high quality company. Since he has inflexible determination in quality and uniqueness, the voice-over has been increasing rapidly. He is more then a chief as he could fit in all types of duty in the company. No credit history from bank when they commencement launched the company as their very first capital was from Li and borrowed from relatives. After a period of 3years time, he has managed to expand the size of the restaurant in double. Then within the next 2years, another two branches were launched both(prenominal) without the need of borrowing money from bank. 2. Literature review on concepts to strengthen my findings and analysis when answer the following questions: 2.

1Describe and value the organization¡¦s strategic management A Strategic jut out for 2005: 1.A clear vision and translate it into a meaning(prenominal) mission statement. Li¡¦s visions for the restaurant are committed to unique, quality, service and cleanliness. The purpose is to focus customer¡¦s management and efforts on the same target, provide nice food to pander customer¡¦s wants. 2.The company¡¦s strength and weakness. chroma ¡V Unique types of food they have, Li even first imported some seafood and game meat to Hong Kong; the owner Mr. and Mrs. Li works almost everyday, only have day off with maximum twice a month, this can encourage the employees to facet upon... If you want to get a full essay, order it on our website: Orderessay

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