Cheesecake Factory is a casual restaurant business company. It operates more than 200 restaurants under several brand names. The restaurants are primarily located in the United States. The company also operates a bakery that produces desserts for its own restaurants and third-party customers. Cheesecake Factory is one of the leaders in its industry. A ratio comparison analysis that involved Cheesecake Factory and two of its competitors showed that the company has the highest profitability, solvency, efficiency and market prospect ratios. The competitors used for comparison analysis were BJ’s Restaurant and Bravo/Brio Restaurant Group. Cheesecake Factory profitability was measured ...
Essays on Cheesecake
14 samples on this topic
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Abstract
Every business has the responsibility to behave in certain ways. It is the prerogative of the management to ensure that particular ethical behavior is promoted within the organization and that employees conform to the ground rules as stipulated in the company laws. It is paramount for organizations to meet its corporate responsibilities within the stipulated frameworks and ensure that none of its behavioral models is detrimental to the laws of the nation (Tsourvakas, 2015). Promoting a social environment that gives the society a chance to view a company in a way that best serves the interest of community stakeholders ...
The Cheesecake Factory Analysis
The Cheesecake Factory is one of the best performing chain restaurants in America. With its rich menu, it has managed to capture the hearts of diners over time, to become one of the best performing players in the industry. The chain traces its roots back in 1940, where a Detroit lady named Evelyn Overton, had a fabulous cheesecake recipe that she used to bake and supply cakes to local restaurants. The woman had the idea to start a restaurant where the different recipes were showcased. The dream actualized in 1978, where the son, David Overton opened a restaurant to ...
1.1 Describe with examples, some of the characteristics of food production and food and beverage service systems that is in use within the hospitality industry. The food and beverage industry are a multi-billionaire industry, that has catered to many, making it a new industry that people can look forward to. There has to be a system, that the service directors are using to inherit a food service system that are to be followed by the directors all day-long.An option in food service industry is what we are bound to look for if there has to be a look-out and fixed system in food ...
Business
Introduction Cheesecake Factory is a casual dining concept, offering over 200 menu items including appetizers, pizza, seafood, steak, chicken, burgers and approximately 50 varieties of cheesecakes and baked desserts. Cheesecake Factory’s ethical code of conduct and corporate social responsibility would play a major role in creating a positive image about itself in its vicinity and creating a loyal clientele for the long term.
Key Areas of Code of Conduct
Compliance with the Law Cheesecake Factory’s Code of Ethics and Business Conduct clearly lays down the stipulation that it expects its staff to adhere to all applicable federal, state and local laws (Cheesecake Factory, 2006). This ...
Business
The inaugural Cheesecake Factory restaurant was opened in 1978 in Beverly Hills. The restaurant has experienced success over the years and currently has over 200 restaurants that share the same commitment to the qualities that the restaurant is committed to providing all over the globe (Thecheesecakefactory). Being a business organization in the hospitality industry, Cheesecake Factory restaurants have codes of conduct that are vital in promoting the values that they believe in and to enable them provide good services to clients. Hospitality industry requires a high standard of ethical behavior while dealing with clients, and that is why the company has a ...
Introduction
The practice of code of conduct and promoting ethical behaviour is essential in a business organization whether small or large. In a business firm, integrity and loyalty creates a positive work environment which is important in strengthening the investors’ and stakeholders’ confidence in the company. At Cheesecake factory the code of ethics and business conduct is meant to facilitate the compliance of the company with the legal requirements. The code of ethics and business conduct in Cheesecake Factory are set for Executive Officers, Senior Financial Officers and Directors. The code of conduct and ethics are collectively and directly applied to the Company’ ...
Introduction
Every organization has some code of ethics that influence performance of the company. Ethics are the system of moral principles designed for the betterment of the company. Code of conduct is set of rules designed by the management to maintain a proper system in an organization. Human resource is the backbone of any organization. Ethical consideration of human resource influences the business of organization (Kimes et.al, 2013). Companies design different policies and code of conduct in order to provide as much facilities to their staff members to get complete loyalty from them. This paper is about the code of ethical ...
The Cheesecake Factory Incorporated
1. Explain the restaurant's strengths and weaknesses, and justify your explanation. The Cheesecake Factory Incorporated (TCF) was established in 1972. It currently operates 177 casual dining restaurants under the brand names Grand Lux Cafe, RockSugar Pan Asian Kitchen and The Cheesecake Factory. The company has already signed licensing agreements for expansion in the Middle East and Latin America. One of the main strengths of TCF is its extensive, innovative and evolving menu (The Cheesecake Factory (TCF), 2013). It has approximately 200 items in its menu which includes appetizers, pizza, seafood, steaks, chicken, burgers, specialty items, pastas, salads, ...
The founders of the famous Cheesecake Factory include Evelyn, Oscar and their son David Overton. They have always ensured that the values that they strongly believed in when they incorporated the company are held and are a part to the company’s culture to date. The main value being to a strong commitment to quality in the products they use and the materials that are used in the construction of the many branches that are located all over USA, the Middle East and in Latin America. The strengths that have helped to ensure the company’s continuity and expansion include; low ...
Successful restaurant is not only about the food you make and sell, it’s about the way you do it. Allowing customers a unique experience is what makes them remember the place and put it on the top to visit list. There is nothing like The Cheesecake Factory when it comes to delicious, fresh and healthy menu which offers you over 200 selections including dietary needs. Variety of The Cheesecake Factory menu starts from low calories plates, offers everyone’s favorites, pastas and seafood, pizzas, steaks and other meats as well as exotic salads and extraordinary factory combinations. Everyone will ...
Introduction
Revenue recognition is an accounting principle which stipulates the exact time on which revenues from an activity can be recognized in the financial statements of a company. According to this principle, the appropriate time for revenue recognition is when the service has been rendered, as opposed to when the revenue is collected from the client. Explained in practical terms, Trackon ltd, company that sells consumer goods and commits to a transaction in the last month of an accounting year, whereas the revenues are collected in the next accounting period, in the books of account Trackon ltd will record the income in ...
Everyone has at least one television program they just can not miss. We as
viewers live vicariously through these fictional characters, as if reality is not exciting
enough. Television has something for everyone--from the mind-numbing comatose reality
shows (gak) to mind-challenging characters as in “The Big Bang Theory.”
Big Bang, as it is known to faithful followers who call themselves “Bangers,”
consists of four nerdy guys who teach at Cal Tech in Pasadena, California, and their
Nebraska-transplant neighbor Penny, a would-be actress who works at the Cheesecake
Factory until she gets her big break. Sheldon, Leonard, and Raj all have ...
Cheesecake Factory in Brazil
Market analysis is one of the important activities that are carried out before a business in started. This ensures that once the business has started, it is likely to succeed. Diamond model is one of the models that are helpful in evaluating business projects. This research paper will evaluate cheese cake factory in Brazil using the diamond model that was invented by Michael porter. The government in Brazil is very supportive to the industries in the country. For new industries that are emerging in the economy, the government offers tax holidays to reduce their production costs. In addition, if ...