Wednesday, February 27, 2013

Business Coursework - Exemplary Work - Part Two


-       INVESTIGATION  
To complete my investigation and find a weakness in the business I conducted both primary and secondary market research. By primary market research, I mean that I gathered new information specifically for the purpose identified in this assessment. For instance, I gave questionnaires to 10 customers, 4 employees, 1 manager (see appendix A, B, C), and then I took photos (see appendix D), and also wrote an observation about it (see appendix E), as well as that I also conducted an interview (see appendix F). I choose to do primary research as it gave me access to up-to-date and more specific information, although I had some problems while collecting it, specifically with the questionnaires as it was harder to obtain because most customers did not want to participate, which lead to rushed answers, and also as all the employees and the manager were hesitant to put a true answer in fear of losing their job thus I strongly believe their answers were not accurate. As a result, I also decided to do secondary research, in which I used information that has already been gathered for another purpose. Through which I found; reviews (see appendix G), a map (see appendix H), a direct competitor (see appendix I), price comparisons (see appendix J) and their menu (see appendix K). The advantage of using secondary research was that it was easier to access and therefore I was able to do it faster. Although, I still faced some problems as I had to go through a lot of research until I found what was appropriate, up to date and reliable. Overall, as I used both primary and secondary market research I was able to find significant information perhaps even more than enough information to investigate the different areas of the business, which I have underlined in the subheadings below:
·      Operation management
Operations are the foremost factor for a business like Rock ‘N’ Sole Plaice as it belongs in the tertiary sector.  Unfortunately, when I investigated this area in the business I found more negatives than positives. Firstly, from my primary market research I found out their customer service was the weakest link in operations sector; for instance during my observation task I noticed that their service was very slow as I waited for my food for approximately 25 minutes to arrive (see appendix E5), and another customer who ordered for take away had to wait for 20 minutes (see appendix E6). Also, the business is not clear about their delivery policy as on their Facebook page states that they deliver and from my customer questionnaires 50% of those questioned had used their delivery service (see appendix A12), although when I called Rock ‘N’ Sole Plaice up they discarded any options for delivery, therefore this indicates that their delivery service is not consistent or perhaps they do not have enough drivers and as result displays inefficient operations. However, some customers did use the delivery service; it was rated 0% excellent, 20% very good, 10% good, 20% satisfactory, 0% weak and 50% not applicable (see appendix A12), this again indicates that the delivery service is not working very well as half of the participants have not even used this service and none voted it excellent, only majority voted it average. Moving on, the hygiene displayed in the case is not very good, for instance in my observation and when I took photographs I noticed tables were left un-cleared for at least an hour and I also saw that there were mosquitoes inside the restaurant (see appendix D3, E3). However, my customer questionnaire gave a variety of results; 10% excellent, 30% very good, 20% good, 20% satisfactory, and 20% voted it weak, as a result I believe that it is a slight problem in the business as some did still vote its hygiene weak (see appendix A6). Overall, from my primary research I found that Rock ‘N’ Sole Plaice definitely had some gaps to fill in if it wishes to reach efficient operations. 
Fortunately, in contrast I also found some positive pointers about the operations at Rock ‘N’ Sole Plaice from my secondary research.  One that I found was very important was the praising of the manager in the free newspaper 7DAYS (see appendix G6), which surely British expats people read as it is delivered widely in Jumeriah. There was a review from a customer who had forgotten her wallet and she explained how the manager who she described as “lovely Mr Hamid” who looked “after their customers” offered for her to come back the next day to pay back and assured her it was okay, this quality of the manager is vital in operations as it obviously helped build loyal customers and thus get more returning customers for the business to gain higher revenue and as a result grow. However, this was only one instance, and in combination with my primary research this area is still particularly weak thus it has potential to improve.
·      People in business
This had to be the strongest link in Rock ’N’ Sole Plaice’s business infrastructure, there is a clear chain of command (the order in which authority is organized), which helps, make the business organized. For example, during my primary research I found that they all thought that they could easily communicate with the manager (see appendix B6-IV) and thought he had good leaderships skills (see appendix B6-V), which the manager also confirmed by saying he could easily communicate with his team too (see appendix C6). Additionally, all employees and the manager felt their job requirements were clear (see appendix B6-I), and were satisfied (see appendix B6-II). They were motivated to do their job (see appendix B6-VI), which is probably very true as most have been working for more than a year (see appendix B5). Their satisfaction was clear immediately as I was able to identify that the employees created a positive atmosphere, for instance, in my observation I noticed that all the servers had sharp smiles on their faces (see appendix E1). This was further confirmed by my customer questionnaires where the staffs were voted as 90% presentable, and only 10% voted not (see appendix A7) as a result of this I found on my employee questionnaires that all employees rated their relationship with the customers good (see appendix B6 - III). Although, it must be noted as I mentioned above that the employee questionnaire may not have been accurate as all had the same answers as they might have been afraid to lose their jobs. Moving on, I did identify one problem I have slightly mentioned in operations management above about delivery, they only had four employees (excluding the manager) – two chefs, one chef assistant, one server (see appendix B1,2,3,4,5).  This makes it clear that they don’t have a driver to work delivery; perhaps if they hired an extra employee to solely be a driver they would be able to make their delivery operations more efficient. Despite the delivery issue, I found from my primary research that the people in the business were not the biggest problem in the business as it was usually rated positively.
To further add to my reliability, I did secondary research in this area, however I was only able to find a review, which stated that Rock ‘N’ Sole Plaice had a “welcoming and friendly atmosphere” (see appendix G4 - VI). This is good, as I did not find one bad review, thus confirming my conclusion from my primary research that this area was particularly strong.
·      Finance
I found finance an area that was particularly hard to gather information on; as it was a sensitive topic and there was also no secondary research available. Therefore, I conducted a short interview with the owner as part of my primary research. Firstly I learned that in the first year of Rock ‘N’ Sole Plaice they were able reach their aim to make just amount revenue to cover costs (see appendix F3) and also that in past years Rock ‘N’ Sole Plaice was able to follow their cash flow forecast, which is a predication of the business’s future cash inflows, outflows and closing balancing (see appendix F4). However the manager was hesitant that they would reach his new aim to increase revenue this year by at least 5% (see appendix F7), as costs were increasing and they had recently hired a new chef who required a higher salary, thus they had to increase prices (see appendix F5). Lastly, I also found that at the beginning of this year Rock ‘N’ Sole Plaice took out a bank loan for undisclosed reason, which the owner said he would not be able to repay if revenue does not increase by 5% this year (see appendix F6). Overall, I found that they need to reach their new cash flow forecast, which they can do by improving their weakness.
·      Marketing
I split my research for finance into four different sub categories, which I have listed below as product, price, promotion and place.
-Product 
I was able to do a large amount of primary research on this and find secondary too, however my research resulted in mixed reviews. For instance, in my primary research I found out that 0% rate its food excellent or weak, 10% rate its food satisfactory, 50% rate its food very good, and 40% rate its food good (see appendix A3), although, it is good no one rated the food weak, this data can also be viewed as an indicator that there is a problem with food quality as it seems to be deemed just ‘average’ and not exceptional, which is what they should be aiming for to increase their customer base. Similarly, its food range was rated 0% weak and excellent, yet 40% rated it satisfactory, 40% rated it good, 20% rated it very good (see appendix A4), overall this is good as no one rated the food range weak, the data can also be viewed as an indicator that there is a problem with food range as it seems again to be deemed just ‘average’. A customer even added a strategy of improvement would be that perhaps they should add a better drink variety (see appendix A13). Moving on to its food packaging, which was rated 10% weak, 50% satisfactory, 40% good, and 0% rated it very good or excellent (see appendix A5) thus has become a big indicator that overall food packaging is a weak point in the business as no one rated it better than good. A customer further added to this by suggesting that Rock ‘N’ Sole should start using environmentally friendly packaging (see appendix A15), however this has its own pros and cons as it would put a strain on the businesses finance because it usually costs more but then it would also increase its customer base as it would become an environmentally friendly business. As a result from my primary research I was able to find that the food had room for improvement. 
As I continued my research and did some secondary research, I was able to find some more information that confirmed my opinion of the food being average and slightly un-fresh (see appendix E7). I found the majority of these through searching for reviews. For instance, I found a review on Time Out Dubai (see appendix G1) which commented the food to be; “chunky and nowhere near crispy enough”, “(not) quite hot enough”, “just a bit soggy”, “flavourless”, “(not) anything you’ve had back home”, however it must be noted that this review was from 2010 and since then the chef has changed therefore I also looked into more recent reviews, such as one from a What’s On magazine (see appendix G2) which stated that the “mushy peas were crying out for a bit of added flavour”.  I found also found recent reviews from online forms (see appendix G4) that stated comments like; “(they had) decent, very clean, good size proportions”, “(the) scampi is little stingy”, “(they had an) excellent selection”, “(food was) close to … back home”, “lacks flavour, perhaps not fresh?” and “scrumptious”. Overall, I found again another range of mixed reviews, therefore indicating again that there is still room for improvement especially considering the quality of the food, which is important as I was also able to find that a direct competitor (London Fish And Chips) had a better variety of food (see appendix I2).
-Price 
The price at Rock ‘N’ Sole Plaice was mostly rated positively by both my primary research and secondary research. For instance, from my observation and analyse of their menu I have realized that they have taken into account their target market of students by creating an affordable section as ‘student menu’ and ‘kids menu’ (see appendix E4, K2), also on my lunch there my bill only reached AED 50, which I split (see appendix E8). Yet, it seems that there is still dispute on the reasonability of pricing as although it was voted 60% reasonable, 40% voted it not to be (see appendix A8). As a result, I would say that the pricing is reasonable as more people voted it reasonable, than not.
During my secondary research a customer confirmed this by stating that the pricing was “on (the) expensive side” (see appendix G4) and also when their pricing is compared to its direct competition (London Fish And Chips) they had higher pricing (see appendix I3). However, in comparison to most cafes I found that it is very affordable as it has one of the cheapest Café Latte’s and other drinks such as tea and water are second cheapest (see appendix J). Furthermore, Time Out Dubai (see appendix G1) stated its price range to be “DHS 50-200” adding it was “reasonable pricing”. Overall, the price at Rock ‘N’ Sole Plaice received mixed reviews; however since it has more positive reviews than negative I would say that it is not a significant problem, just a slight problem.
-Promotion 
Unfortunately, Rock ‘N’ Sole Plaice seldom does promotion and relies heavily on ‘word of mouth’. For instance, in my primary research I found that 80% heard of them by word of mouth, the other 20% through another strategy, and shockingly no one heard of them through leaflets, or advertising in magazines/newspapers or social networks (see appendix A10). This shows how Rock ‘N’ Sole Plaice is surely losing customers because half of them probably don’t even know it exists. Promotion is a very important strategy to bring in new customers and help a business grow to its full potential and a business cannot just rely on ‘word of mouth’ as it is very unreliable and secondly, it is impossible to control as people may also be sharing negative views, therefore I would see this as definitely the weakest link in their marketing. In addition to this, I was also very surprised that Rock ‘N’ Sole Plaice have yet to hop onto the social network train to target the younger generation of their target market who spend a large amount of their time on the internet, for example majority of the customers are not following them on Facebook, only 10% are, the other 90% are not (see appendix A11) this further indicates that their marketing is weak as they are not using social networks to their advantage. As a result, I was not surprised when I took photos and during my observation I noticed that on the chalk board in the café they had written in a very tiny handwriting that Rock ‘N’ Sole Plaice had a Facebook page (see appendix D5, E9), I think this would have been more effective if written it in larger writing or perhaps if they opened a Twitter account also, as majority of the target market are students, who mostly all have a Facebook and Twitter. Additionally, they have never sponsored any events at the surrounding schools (which each have approximately 1000 students), they are definitely missing out on an enormous marketing strategy which could potential grow their customer base (see appendix F8). Overall, I found barely in positives regarding their promotion and have found that there is definitely space for improvement here.
In addition to this, from my primary research I also noted that their direct competitor (London Fish And Chips – see appendix I4) does huge amounts of advertisements in comparison to them, in magazines such as Time Out therefore as Rock ‘N’ Sole Plaice do not do advertising they are losing customers to their competitors. As a result, I think this area needs immediate focus, as it is the weakest link.
-Location/Place 
Regarding the location of Rock ‘N’ Sole Plaice, I think it is its strength and weakness. For example, during my primary research I found that it was voted 90% suitable, and only 10% not (see appendix A9), indicating that it is not problem. However, during my observation and as I took photos found the place to be very inefficient, as there were seating areas both inside and outside, yet there were only four tables inside and it was very crammed, compared to outside where they had fifteen tables (see appendix D2, E2). I found that this was very unwise as typically the weather in Dubai is very uncooperative to allow a customer to sit outside, it is usually too high at 40 Degrees Celsius or too windy with some seldom occurrences of sand storms. In addition, I took some pictures that proved that it was very small, and thus hard to spot as the sign on the café that says ‘Rock ‘N’ Sole Plaice’ was very small, and as a result easy to miss (see appendix D1). Furthermore, the pictures also showed that that the appeal was not very welcoming and the food displayed was not very welcoming (see appendix D4). As a result I would say that although, the location was rated good; the actual interior of the place would be a negative attribute. 
Moreover, from my secondary research I pinpointed the location to be in Jumeirah, which is the main residential area, where most British expats reside, thus each street has a stream of villas, where potential customers can be living (see appendix H2). In addition, I found that seven different schools surrounded its location, thus this is where potential customers could also reside (see appendix H1). Furthermore, I also noticed that Rock ‘N’ Sole Plaice can be accessed by Sheikh Zayed Road (the main highway), thus it is easy to access the location (see appendix H3). However, at the same time I found negatives for instance as a result of it being surrounded by seven schools rush hour occurs every morning at 7:30am, when schools open and at 3:30pm, when schools finish thus making it harder to access and find parking and this overcrowding could perhaps drive customers to competitor’s location instead (see appendix H4, H5, H6). This creates another negative aspect as the competitor’s (Fish And Chip) location is only ten minutes away from Rock ‘N’ Sole Plaice if driving and it is easier to access as there are multiple routes to reach Dubai Mall, also the Metro Station and shuttle bus can be used (see appendix I5). Overall, I think the location of the cafe is a complicated issue as it has both negatives and positives, although it has more positives and changing it would bring on huge expenses therefore I think Rock ‘N’ Sole Plaice should take full advantage of its positive attributes.
In conclusion, considering all the areas I have identified above such as operations management, people in business, finance, and marketing, I believe that the area that needs the highest attention to improve is the marketing function. 

Friday, February 8, 2013

Business Coursework - Exemplary Work - Part One


-       INTRODUCTION
Rock ‘N’ Sole Plaice is a café, which is famously known for its affordable fish and chips, however they do provide other foods such as jacket potatoes, onion rings, and drinks (see appendix K2). Although, it is a small business, it still has huge growth potential but it has been held back due to its weaknesses. For instance, they claim that all their food is freshly produced (see appendix F2); however after my observation I would think differently, as most of the food was cold and didn’t look very fresh (see appendix E7). Rock ‘N’ Sole Plaice was established in late 2010 (see appendix F1) by a sole trader, by which I mean it is a business run by one individual. The businesses aim (a stated target for the future) this year is too increase Rock ‘N’ Sole Plaice’s revenue by at least 5% (see appendix F7). The cafe is located in Jumeirah, which is the main residential area in which most British expats reside and it is also surrounded by seven different British schools (see appendix H2, H1). As a result, its target market, (the group of consumers aimed by the business) usually contains expat British students who attend the schools nearby and perhaps their families, it’s hard to specify an age range for their target market as the schools have a range of children attending from the age of 3 to 18, plus many take their families along with them to eat. Although, since most schools surrounding it are secondary schools I would say its target market is children aged between 13 and 18 years old, which is proven by my primary market research in which 90% of my participants were between my target market range (see appendix A1).