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Individual Exercise Model Answer
Individual Exercise Model Answer
Individual Exercise Model Answer
A new restaurant 6 is the brain child of the award-winningchef Nadero Ravioli
of London¶s 3 Michelin Star
and star architects
. Instead of
launching a
extension in Tokyo or New York, 6 remains right at
home in London. But it offers an entirely different concept from traditional dining.
6 will serve only four menus each year, with only one being on offer
duringeach of the four seasons. Each menu will be based on great moments in
culinary history or of an ³imagined future.´A sneak pre-view at the menus
revealsthemes such as ³Paris 2012´, ³Hong Kong 2036´, ³Cairo 30 BC,´and ³Madras
1538´, each designed to evoke an authentic a culinary journey that has been
investigated, tested and refined by Ravioli and his team . Ravioli will not be preparing
the meals himself,but they will be produced by a select team of aspiring chefs who
see this as a stepping stone to the likes of
.
M How would you describe the target segment? Which segments do they not
target? Who are they in competition with?
M What is their value proposition vis -à-vis their competitors?
M Analyse thereciprocal relations betweenthe ³marketing mix´ (the 4Ps) and the
rest of the business model, such as their processes, operations and profit model
(revenue model and cost structure)? What are the challenges, if any, with respect to
making this a success in the marketplace?
Where appropriate, relate you r responses to specific cases and examples used in
class.
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