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[Colleges]

Title: Case Study: Rose Restaurant: What Now My Love?



Performance Objective: To be able to identify the entrepreneur’s task and the Perspective on Entrepreneurship.

Supplies: bond paper

Steps / Procedure:

1. Read the Case Study: Rose Restaurant: What Now My Love?.

2. Answer the guide questions.

3. Cite an example of entrepreneur that fits with the characteristics of the person in the study. Cite the reason why they are the same.


On any given day, Rose’s Restaurant is full of customers. It is not surprising because of two factors: first, its location in the center of the commercial district of Santiago City, and second, the dynamism of its owner and manager, Mrs. Rose Ginez. She is more than happy because she was able to realize her dream of becoming successful in the food business. She now owns the building and the lot she used to rent. Served in its large air- conditioned function hall are native and Chinese delicacies. The place has ample parking space for 20 cars. It was in the restaurant where she first met her future husband. He is a government employee and is assigned to work in a nearby town. Rose’s husband is a native of San Jose City and his widowed mother is operating a big palay trading firm. Apart from owning 10 cargo trucks, his mother also owns one and a half hectares of commercial land in the city’s business district. Just as Rose was considering opening a branch of her restaurant in Cauayan City, her mother-in-law died. Two weeks later her husband informed her that being the heir, he needs to move quickly to San Jose City and manage his mother’s business and other properties. Even if her husband operates her mother’s business, Rose could still continue managing her restaurant. Both of them, however, are aware of difficulty of maintaining the two businesses which are four hours away by car from each other. They will miss each other for days every week if they decided to keep both businesses. Her husband is indifferent, however, on whatever Rose’s decision will be. Rose is now mulling over her family’s chance of succeeding in business if she decides on maintaining only the palay trading firm. Her decision making is made more complicated when her assistant reported a 49 % increase in last year’s profits of her restaurant.



Guide Questions: ANSWER EACH IN A PARAGRAPH FORM ONLY

1. Should Rose stop operating her restaurant?

2. If you were Rose, what additional information would you need before making a decision?

 

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1. Should Rose stop operating her restaurant?

The decision of whether or not Rose should stop operating her restaurant depends on various factors. Firstly, she needs to consider the potential success and profitability of her restaurant. The fact that the restaurant is full of customers on a regular basis suggests that it is a successful venture. Additionally, the recent report of a 49% increase in profits from the previous year indicates that the business is growing. However, Rose also needs to consider the challenges she will face in managing both the restaurant and her husband's mother's palay trading firm, which are located four hours away from each other. Maintaining both businesses may require significant time, effort, and resources, and may result in Rose and her husband having to spend days apart each week. Ultimately, Rose needs to weigh the potential benefits and drawbacks of continuing to operate the restaurant and make a decision based on what she believes is best for her family's chance of succeeding in business.

2. If you were Rose, what additional information would you need before making a decision?

In order to make an informed decision, Rose would need to gather additional information. Firstly, she should assess the financial performance and potential growth of her husband's mother's palay trading firm. This would help her understand the profitability and viability of that business, as well as the potential for future success. She should also consider the market conditions and competition in both the restaurant industry and the palay trading industry. This would provide insights into the potential challenges and opportunities for each business. Additionally, Rose should evaluate the feasibility and cost of expanding her restaurant to Cauayan City, as this would impact her decision to continue operating the restaurant or focus solely on the palay trading firm. Lastly, Rose should have open and honest discussions with her husband about their individual aspirations, goals, and willingness to sacrifice time apart in order to manage both businesses.