Реферат: How A Case Study Appears Essay Research

Equipment

Emergency

Environment

Material & Substances

Work Practices

Everything appeared to be in order except for one area. This area is included in Section 2.1 of the Occupational Health and Safety survey as “Are there any items of furniture, which have sharp edges, corners or protrusions, which may cause injury?”

I raised this issue with Jason Bernardi who has checked all problem areas.

A high level of ethical conduct occurs in the work environment and business activities of The Oyster Bar. This attitude is consistently portrayed in staff work patterns and all staff clearly demonstrate this approach in service to the general public.

Legal & Governmental Implications

When selling liqueur, a license must be obtained This is enforced by Governmental supervision through police and liqueur licensing agencies. There are also laws and regulations about noise and rubbish due to the East End apartments located directly behind The Oyster. These are only a few implications that the government has on the business. For example, when employing staff, Jason Bernardi must comply with both the Anti Discrimination and Equal Opportunity Legislation. The dismissal, retrenchment or the events of making a worker redundant must also be done through similar legislation.

Internal Policies

Within The Oyster Bar’s work environment, employees are constantly reminded to maintain their keen and hospitable presentable attitudes to their work. This is also done through the reminding of the mission statement. It gives them rules in which they are working under.

Social & Ethical Issues

The social and ethical issues that are involved within this market are from various areas. In some cases it is about discounts to friends, stealing from cash register, not cashing in tips – this has been agreed that all employees are to cash them in, attempting to short change customers just to name a few. These should be internally monitored and should be dealt with as soon as they are noticed.

Recommendation

My personal recommendation for The Oyster Bar is that all the staff should be encouraged to be enthusiastic in their approach to work. This can be maintianed through various incentives. Also, if the work place is kept clean and safe then a general staff approval will be shown through their work efforts. Other than this, the work environment of The Oyster Bar is at a satisfactory level.

FINANCE

Jason Bernardi, answered a range of questions relating to the financial position of the business. From what I found, the business is financially stable and though small, it takes a great deal of money.

The Oyster Bar uses loans as a common source of borrowing, used not only in establishing the business but is used now days when funds are required. Jason Bernardi sees loans as long term advantages because cash flow means that interest is avoided for longer periods. It also frees up some funds like retained profits for expansion and growth.

The Oyster Bar Directors see overdrafts as short-term sources of funds and looks at Bills as long term sources. Although this business is a company, it does not have shares and therefore is not listed on the Australian Stock Exchange (ASX).

Through assessing all financial ratios I was able to determine that The Oyster Bar was financially stable. I used the following ratios for this assessment:

Earning capacity:

Return on equity

Return on total assets

Net Profit Margin

Expense Ratios

Gross Profit margin

Financial stability:

Working Capital ratio