Lounge

Case Solution for Terra Bite Lounge: Pay What You Want Cafe

Complete Case details are given below :

Case Name :      Terra Bite Lounge: Pay What You Want Cafe
Authors :           June Cotte, Remi Trudel
Source :             Ivey Publishing
Case ID :            909A13
Discipline :        Entrepreneurship
Case Length :    04 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
In April 2009, the founder and owner of Terra Bite Lounge was considering opening another location. The Terra Bite Lounge was a Kirkland, Washington café with no prices and voluntary payment. The owner believed that Terra Bite was a demonstration of a high level of honesty and trust, between himself and the customer. There were several considerations to evaluate in deciding to open a new location. Where should the new location be? The current location was in an affluent suburb but the owner believed that several types of neighbourhoods would be receptive. What types of consumer characteristics would best be suited towards this model of trusting that payment would be made? Is there anything that could be added to the current model to make Terra Bite more successful? He was careful to consider those changes or additions that were consistent with the current social trust component of the original Terra Bite model.
 
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Case Solution for L’Atelier Art Lounge: Times of Uncertainty

Complete Case details are given below :
Case Name :      L’Atelier Art Lounge: Times of Uncertainty
Authors :           Randa Salamoun, Bettina Bastian
Source :             Ivey Publishing
Case ID :            W14647
Discipline :        General Management
Case Length :    11 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
On January 31, 2014, the founder and chief executive officer of L’Atelier Art Lounge, an art workshop with branches in Bahrain and Lebanon, faces numerous challenges: not only whether to grow the business but how to achieve a reasonable work-life balance. Political instability associated with the Arab Spring led her to close one of her shops in Bahrain, but she went ahead with opening a second in Beirut where there are few leisure activities available for children; her offering of educational entertainment has been welcomed by parents, schools and adults looking to revive a hobby or improve their skills. However, as a result of violence spilling over from Syria, many tourists are avoiding Lebanon and her store locations have experienced a dramatic decrease in customers. Now she has one day to decide whether to renew the lease of one of her outlets. This deadline represents an opportunity to consider her options for the future: should she focus on marketing her concept to increase the number of customers and consequently her bottom line, thus improving her cash flow; look for potential investors or apply for a bank loan; or close her least profitable location?
 
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Case Solution for Forest City Tennis Club – Pro Shop and Bar Lounge

Complete Case details are given below :
Case Name :      Forest City Tennis Club – Pro Shop and Bar Lounge
Authors :           Richard H. Mimick, Elizabeth M.A. Grasby, Lindsay Brock
Source :             Ivey Publishing
Case ID :            909B08
Discipline :        Accounting
Case Length :    03 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
After one year of operations, the new manager of a tennis pro shop and bar lounge must prepare, with the help of the company’s accountant, financial statements from notes kept throughout the year. The case is intended to be an introductory exercise in accounting for simple transactions relating to assets, liabilities, revenues and expenses. Adjusting entries such as amortization and cost of goods sold are required. Students are asked to complete the accounting cycle by preparing closing entries and an income statement and balance sheet.
 
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