Mr. Ahmet plans to open a new Italian Restaurant on Palestine Street Cankaya. Unlike the Italian Restaurants in the exact location, he wants to add new recipes that mix the local flavors of Italy and Turkish Cuisine to his menu. He plans to make his presentations with dinner sets with cultural motifs brought from Italy. He selects his service personnel from qualified people who know the Italian Culture and speaks the language. In addition to its indoor space with an ethnic design in winter, he plans to host his customers in its garden decorated with lemon trees in summer. He plans to offer his customers a different and unique drink for each meal. In addition to Italian cuisine's unique and original tastes, he plans to expand his target audience with flavors that will surprise and amaze customers. Evaluate the restaurant Mr. Ahmet will open in terms of “product” and “promotion” from the marketing mix elements. Write down the promotional activities Mr. Ahmet can apply and why he should do these activities.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
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