Tuesday, December 24, 2019

Essay on The Civil Rights Movement - 4776 Words

In a Democracy the majority does not need any protection, because it is the majority which has control. However, as seen through history, even majorities can be tyrannical, and the minority needs protection from them. â€Å"Civil rights† is the term used when speaking of the privileges, immunities, and practices of freedom which are protected from violation by other citizens. That is the definition of civil rights, although when most people think of civil rights they instantly think it means black civil rights. This is understandable since blacks, more than any other minority group in America, have had the toughest and therefore the best known struggle for equal rights. This is due to the fact that most of the majority believed that†¦show more content†¦This all set the stage for the decade of revolution for Blacks in America. Blacks made more gains during the 1960s than they did in all the decades combined since the Civil War. It was kicked off on May 17, l954, which was the day the Supreme Court ruled that segregation in schools was unconstitutional. In many ways this triggered an awakening amongst Blacks that they could protest against injustice and achieve results. The legislation passed in the 1960s included the overturn of the hated Plessy v. Ferguson case, and laws outlining the complete integration of blacks with the rest of society with laws such as the Civil Rights Act of 1964, and the Voting Rights Act of 1965. Leaders of the civil rights movement of the late 1800s and early 1900s were not as involved, motivated, or as organized as the leaders of the civil rights movement of the 1960s. While Booker T. Washington was successful in helping blacks catapult themselves into contention with whites economically, he lacked the desire to lead blacks to social equality. W.E.B. Du Bois did attempt to l ead blacks into social equality, but he lacked adequate support from the black majority. Civil rights leaders of the 1960s, such as Martin Luther King Jr., gathered large numbers of supporters during speeches, encouraging active participation in protests for the social, economical, and politicalShow MoreRelatedThe Rise Of The Civil Rights Movement1179 Words   |  5 Pagessegregations. Out of the numerous elements that arose in the 1960s, there are three movements that truly affected the American society. Firstly, the rise of the civil rights movement was greatly influenced by racial discrimination of colored people in the South. Secondly, the women’s movement aimed to convince the society that women are capable of achieving and maintaining higher waged job like males. Lastly, the gay rights movement aimed to gain acceptance and stop discrimination of homosexuality. The mostRead MoreThe Folk Music Of The Civil Rights Movement1208 Words   |  5 PagesResponse Paper #4 The folk music of the Civil Rights Movement â€Å"came out of tradition, common experience, and generations of resistance† (Dunaway 2010: 140). The songs used throughout the movement derived from the shared experiences and struggles of African Americans while connecting â€Å"the gentle, idealistic world of folk music and the integrationist world of civil rights† (Dunaway 2010: 145). Songs, such as â€Å"We Shall Overcome†, were put through the folk process, where a song is passed on and alterationsRead MoreThe Great Leaders Of The Civil Rights Movement1563 Words   |  7 Pages They seem to be forgotten until they are highlighted once again. Another example of a person that was not really highlighted for their actions is Nina Simone. She made an impact on the Civil Right Movement that not many other artist or celebrity would have done. When you think of the Civil Rights Movement the first three that come to mind of course are, Martin Luther King Jr., Malco m X, and Rosa Parks. So, when someone hears the name Nina Simone the two most common responses might be â€Å"Who’sRead MoreSocial Movements : Black Civil Rights2647 Words   |  11 PagesSocial movements are vital to the establishment of our societies, and they way we are governed. Social movements help the less privileged band together to create a stronger voice among a sea of political correctness and unlawfully rule that the public supposedly have to abide by without question. Movements create this new form of platform that, if done successfully, are able to create a worldwide frenzy where people from across all walks of life, including politicians, academics, the less fortunateRead MoreThe Civil Rights Movement911 Words   |  4 PagesThe Civil Rights Movement: Martin Luther King Jr. Martin Luther King Jr. changed history not only for African American’s, but for all who live in the United States. Martin was born on January 15, 1929, in Atlanta, Georgia. As a child Martin attended many public segregated schools throughout Georgia until he graduated at the age of fifteen. Following high school, Martin Luther King Jr. attended many colleges such as, Morehouse College, Crozer Theological Seminary, and Boston University. While studyingRead MoreCauses Of The Civil Rights Movement954 Words   |  4 Pagesquote was very much true. Post civil war times were hard on African Americans. Even though at the time they were considered free, they were often criticized and discriminated against. Finally, shootings, brutality, and unfair treatment were enough. In an effort to end racial segregation and discrimination against African-Americans all over the country, they took a stand. This was known as the Civil Rights Movement. There were many interesting events that cause d this movement. The three main causes thatRead MoreThe Civil Rights Movement Essay1601 Words   |  7 PagesThe Civil Rights Movement â€Å"I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.† This was a speech by Martin Luther King Jr. Even one hundred years after slavery was banned, African Americans were still being treated unfairly. Martin Luther King Jr. was one of the most famous leaders of the Civil Rights movement in the 1960’s. The Civil Rights movement was a movement of AfricanRead MoreThe Civil Rights Movement Essay1259 Words   |  6 Pages The civil right movement refers to the reform movement in the United States beginning in the 1954 to 1968 led primarily by Blacks for outlawing racial discrimination against African-Americans to prove the civil rights of personal Black citizen. For ten decades after the Emancipation Proclamation, African-Americans in Southern states still live a rigid unequal world of deprive right of citizenship, segregation and various forms of oppression, including race-inspired violence. â€Å"JimRead MoreThe Civil Rights Movement Essay1190 Words   |  5 Pages The Civil Rights Movement The 13th amendment, passed on the first of January, 1865 abolished slavery throughout America. Although African Americans were considered free after this amendment was approved, they still had a long and arduous struggle to absolute freedom. Before the Civil Rights Act of 1964, segregation in the United States was frequently used throughout many of the Southern and Border States. Schools, bathrooms, libraries, and even water fountains were segregated. Though there wereRead MoreCivil Rights Movement Essay797 Words   |  4 PagesThe Civil Rights Movement, also known as the American Civil Rights, was a mass movement during the 1950s and 1960s. It was one of the most intricate social movements of mankind. The Civil Rights Movement was a period where African Americans did not have the same equal rights or treatment as the whites. Instead, African Americans were segregated from whites by not going to school together, having to sit in the back of the bus, not being able to move freely, or not having the right to vote. Over the

Sunday, December 15, 2019

Studying Abroad and Learning Finance Free Essays

studying abroad the advantages and disadvantages of studying abroad and learning finance in different countries Research Paper The studying abroad is becoming a hot topic, which concerns by more and more parents. In this modern and competitive society, many wealthy families and even working families all will strive to work in order to save the cost of the tuition of their children’ overseas studying. When their children grow up and start to enter universities or even they are in primary schools, they will be sent to accept more professional knowledge in foreign and developed countries than the domestic. We will write a custom essay sample on Studying Abroad and Learning Finance or any similar topic only for you Order Now Because this situation happened, these parents, especially in developing countries, believe that foreign educational philosophy and methods are more advanced than their countries, a number of students choose study abroad has been growing in recent years. However, under this situation, we should think about whether studying abroad is suitable for these students. Moreover, as we know that it is true that a large proportion of students will choose to study finance in foreign countries’ universities. So what advantages and disadvantages does studying finance in foreign countries have. Some people agree that children should conform to this trend and go to overseas to study as long as their families have enough economic ability. Finance could tell students how to manage and earn money, which might lead students to have a satisfied job and beautiful future. In contrary, I have a view that sending children to study abroad and choosing finance as major blindly is not a sensible decision. Depending on some reports, the number of children who go outside to study that will result in brain drain, in particular for some developing countries, like India and China. Studying finance lindly only causes that students lose the interesting and influences students’ schoolwork in universities. So this essay will discuss the benefits and weakness about studying abroad and studying finance in different countries. First, there is no denying that overseas study and learning finance in foreign countries could bring a lot of demerits for us, but it is an effective and good way to t rain children’ the ability of independent living and studying that let children stay away from their parents and study in other countries. Although, at the beginning, many children will feel lonely and afraid hen they come to an unknown place, meet people of different races and speak another language for the first time, it is these experiences that could teach these international students how to develop themselves and careers in the future without the assistant from their parents. These hard and unforgettable experience will become a valuable wealth. Besides overseas learning can expand the children’s horizons. Basically, living a long time in foreign countries could result in children speaking the second language fluently and learn about another country’s culture and custom deeply. Learning finance overseas that could allow students to better understand and use the knowledge of this subject. For example, in China, it is generally acknowledged that students can only learn some theoretical knowledge from textbooks. The more worrying thing is that university’s living is relaxing and wonderful for Chinese students. After they try to learn in high schools, pass the cruel entrance examination and enter the ranking top universities. The thing they do not know is that university education is more useful for their future than the learning from high schools. So this is the different point between Chinese and western education. It is important that professor will combine of practical and theoretical in foreign finance learning. For instance, universities will give a chance for students to use virtual money to buy and sell stocks to help students truly understand the stock market. In addition, the tuition of international students could develop local economies. For example, as we know that the financial crisis lead to the weakness of the US economy, the property market downturn and high unemployment. So education, especially education for international students, become a new ndustry in America. Secondly, it is obvious that studying finance will give us some demerits in diverse countries. For example, there are many differences in learning finance between at home and abroad. So these students need to understand, adapt to and solve this problem. As we know, it is more difficulty for international students to study in foreign countries than n ative students. This includes this subject finance. We could take the china as a typical example to prove it. In China, finance contains two parts: money banking and international finance. Interestingly, these parts re not called finance in foreign countries, where we learn corporate finance and asset price in finance classes . So if we would like to learn this subject well, we should abandon the domestic point of view and accept diverse foreign thinking. It is harder to give up our own original thoughts and views in mind for these transfer students. This adaptions could need a shorter time for some students who have strong ability. However, it also could be unfortunate for thous who need a long time to adapt, which will lead to students losing confidence and then dropping out. Moreover, international students should learn the business or finance environment at home and abroad. When they graduate from universities, they will naturally face the serious problem looking for jobs. If they would like to find satisfying jobs, they will need professional knowledge and rich work experience. As an international student, it is beneficial that they have many choices in looking for jobs at home or abroad. So we should not only learn basic knowledge well, but also understand the domestic and foreign economic dynamic, which is helpful for students to know what talents and skills this market needs. Thus, we should learn about more financial news around the world. Besides, if international students choose develop their career at domestic, they will bear more pressure than domestic universities’ students. Overseas returnee will become their new name. Most of people also will have this view that they should have better performance and stronger understanding ability due to the special overseas studying experience. So they will get different treatment from superiors and friends. Finally, another disadvantage is that overseas studying could lead to brain drain. The analysis starts with a simple decomposition of the brain drain in two multiplicative components, the degree of openness of sending countries (measured by the average emigration rate) and the schooling gap (measured by the education level of emigrants compared with natives). †(Docquier, Fre ? de ? ric. Lohest, Olivier, and Marfouk, Abdeslam) As we know many students decide by themselves or with their parents to go abroad to learn knowledge in recent years, but when they finish their school work, they are faced with a confusing problem, that to stay or come back. However, they usually choose the former. Take an example as China. A number of students will choose stay in foreign countries to develop their career. Because, in the general, Chinese students prefer to study in some more strong and advanced countries rather than in China. The result is that these students will be attracted by sound medical facilities, advanced educational philosophy, excellent living environment and high-quality people. It is a truth that there will be more pressure and vulnerability in developing countries. So by comparing developing countries with developed countries, these advantages will lead to students stay at oreign countries to work and live. This is also a great help on their next generation of education. Once they make a decision to stay, which will mean their homeland will have in vain spent money and teaching resources to train them in the past two decades. Because when they are young and strong labor, they will do any contribution for development of their mother countries. This will hinder the se countries’ development in education, technology and economic. On the contrary, these international students will purchase something for daily life to pay tax and find obs to work, which all promote local economic development unconsciously. So many countries take measures to draw overseas students come back in order to avoid brain drain. For example, some developing countries will make some favorable policies to give overseas students convenient and provide various research funding. And for advanced countries, like America, use on technology immigration policies to attract outstanding talent. In this way, it is helpful to reduce the incidence of brain drain. In conclusion, everything has benefits and drawbacks. Under this situation that more and ore students go abroad, overseas students and education communication will become a trend. So this essay explains these overseas students will meet what advantages and disadvantages separately, when they go to study and learn financ e in different countries. I agree that every student does not go abroad blindly, and if they choose to study outside, every overseas students could overcome these difficulties, regardless of knowledge or living. It is more important that these students could gain related result, find satisfying jobs and beautiful life, after xperiencing special and hard learning. Besides I believe that most of people are patriots and all want to make a contribution for their country. So the phenomenon of brain drain will reduce, every countries’ economic and education career will make a great progress. Work Cited Nguyen, Chi Hong. â€Å"Brain Drain or Brain Gain? The Revitalization of a Slow Death† Can Tho University. (2005). Print. Docquier, Fre ? de ? ric. Lohest, Olivier, and Marfouk, Abdeslam. â€Å"Brain Drain in Developing countries†. Print Iredale, Robyn. â€Å"Tackling the Roots of the Brain Drain. † 12, 08(2003). Print. How to cite Studying Abroad and Learning Finance, Essays

Saturday, December 7, 2019

Food and Beverages Management The Australias Economy

Question: Discuss about the Food and Beverages Management for The Australias Economy. Answer: Introduction: As mentioned by Mok et al. (2013), the Australias economy and the social life are very much dominated and consists of a numbers of restaurants, fine dining restaurants, cafes and different other hospitality service providers. A major and critical part of the visitor economy mainly consists of the hospitality services and it contributes about $134 billion to the Australian economy each year (Buhalis, and Crotts 2013). The restaurant industry of Australia mainly runs on a scale of small business except for a few fine dining restaurants and big hotels (Brotherton 2012). In a survey recently it was revealed that in Australia there are even more than 33,000 hospitality organizations, out of which about 76% are small business, that contribute over $21.1 billion to the Australian economy annually and provide about 666,300 out of the total job in the country (McManus, 2013). However, the interest and the opening of new restaurants by the restaurant operators for business transactions are being protected by the Australian competition policy. As most of these restaurant businesses are on small scale therefore, the level of competition in this business sector is very high (Yen and Teng 2013). Figure 1: Total food and beverages industry of Australia. (Source: Thornton 2016) Scope of the business: Name and the objectives of the business: The business concept of the hospitality service industry that has been chosen to be set up is a fine dining restaurant with the name of The Global Fantasy Restaurant. The main objective of any restaurant is however, profit generation (Han 2016). Apart from this the other main objectives of this business sector are: Profitability: For almost all the organization the generation of profit is the first most objective. Therefore, for the sector of restaurant and services also the main aim is to earn profit. As stated by Su et al. (2013) the more costing that incur in the restaurant are due to the food and the labour cost. The aim of any business is to keep the incurring costs as low as possible that too without making any compromise with the quality of the foods and service provided (Menp and Brandt 2016). The less would be the incurred cost, the more would be the profit level for the restaurant. This would therefore, help the company in the process of profit maximization (Wellton et al. 2016). Food: As stated by Chen and Elston (2013), after the maximization of the profit, according to Ko (2013), the next objective that requires fulfilment is the providing the customers with the best and the high quality level of food that would be served. The variety of foods that the restaurant would serve depends on the type of its joint (DiPietro and Gregory 2012). As this is a fine dining restaurant of high quality services, therefore, the menu of the food and the food quality requires being the best. However, the restaurant must create dishes and organise its price according what the customers are ready to pay in return (Namkung and Jang 2014). Dining experience: As mentioned by Gehrels (2013), the dining experience accounts for the total experience of the customers that he gains within the time that he spend in the restaurants. People do not only go to restaurant just for food, the ambience and other reasons such as relaxation, convenience and luxury is also a few things that are considered. This being a fine dining restaurant needs to fulfil the objective of providing its customers a complete high level dining experience (Frost et al. 2014). Longevity: With all the other objectives, also comes the objective of longevity. If the restaurant achieves all the other goals mentioned above, it will obviously achieve this objective. If a restaurant provides good food, make its customer happy with its services, earn profit and builds reputation then it will survive better and longer in the market (Jeong 2014). Mission statement of the business: The main mission for The Global Fantasy Restaurant is To sell appetizing and remarkable food and drinks to its customers. To provide an utmost professional and gracious service and dining experience to its customers. To use the food quality of highest standard quality, seasonality and the freshness. To create a unique technique of cooking that would combine both the modern and the traditional art of cooking. To have customers loyalty. To provide all the co- workers and all who are associated with the restaurant with a friendly and rewarding environment that would encourage longevity and growth employment of the restaurant. To maintain a clean, hygienic and a well maintained environment within and also around the restaurant. To ensure good quality food served to the customers at a fair price. To treat all the staffs of the restaurant and the customers with respect and dignity and also to thank each and every guest for the given opportunity to serve them. The constructed menu: Drinks: Top Cocktails of the House $50-$150 Iced Tea- Scarlet Rose Flavoured Bitter Orange Negroni Spritz The black Cherry The Trail mix Seeds of spring berry The Mock tails: Alcohol free love $30-$35 Minty melon Wild green Lime Apple Passionate passion fruit Plum love Ruby heart Starters: $25-$30 3 ways of the coffin oysters in guacamole sauce of Bay Roasted Quail Breast and egg with mushroom Rosti Smoked mackerel with bchamel sauce Pork and chicken sausages with caramelised Onion rings in oyster Seasonal vegetables with Heirloom potatoes and your choice of mushroom Main Course: $36-$45 Raw smoked Blackmore wagyu with soured cream Organic green rice in stone pot with tofu, mushroom and spinach Somme lad bred chicken with morel and asparagus Double baked beef fillet with oxtail bourguignon and pudding Pork neck shitake with roasted prawn and kohlrabi fondant Dessert: $30-$40 Mandarin and grapefruit brulee Roasted fig and goat cheese souffl with sweetened whipped cream Nine textured chocolate pancake with chocolate sauce and whitened cream Cheese of customers choice with lavash cracks/ flat bread/ soft pita breads Buffet menu: $200 per person The buffet menu includes a cocktail, two starters from the above starter menu, two of the above main courses and any of the above deserts. Special Buffet menus are available on special occasions. The scope of the business: PESTEL definition: The analysis of all the different factors of the external macro- environment which has an effect on the activities of the firm is known as PESTLE analysis. These external factors are beyond the controlling capabilities of the firm and generally act as a threat to the sales of the firm (Team 2013). Effects of the business: Political 1. Opening and closing hours of the restaurant. 2. Taxation policy of the country. 3. The wage amount of the staffs. 4. Political stability. 5. Liquors serving permission from government. Economic 1. The economic growth rate of the country. 2. The income and the living standard of the countrymen. 3. The rate of inflation. 4. The price variation in the food markets of the nation. Social 1. The population Growth of the restaurant area. 2. Health consciousness and hygiene maintenance. 3. Location of the restaurant- distance from the main Town Centre. 4. Preference of people to dine out. Technical 1. The special equipment available to make work easy and faster. 2. If live concerts and music is available then equipments required for them. 3. Requirement of general kitchen machines like fridge, oven, microwave, automated gas chimney and others. Environment 1. Cleanliness of the restaurant and the area around the restaurant. 2. Recycling 3. Usage of environmental friendly packaging materials. 4. Home delivery transportation costs. Legal 1. The laws related to consumer services. 2. Food and beverage laws of the nation. 3. Minimum age group for serving of the wine and drinks Table 1: PESTEL analysis to show the effects of the business (Source: As created by the author) Industry competitors Analysis: Porters 5 forces diagram: Threats of suppliers 1. The Restaurant requires maintaining good Relationship with its suppliers. 2. The suppliers allow the restaurant management to buy Bulk quantity of goods at lower price because of the quantity purchase. 3. The suppliers give the management of the restaurant higher purchasing power. Competition Rivalry 1. It is a small scale business industry. 2. Being a small scale industry, the entry in the market is easy and therefore there is high level of competition. 3. This particular restaurant, as it is new in the market, it may face problems in start up and it may also find it difficult to survive in the market. Threats of new Entrants 1. It is a small scale business and entrance is not difficult therefore, high competition. 2. Good and comfort level high requirement. 3. No restrictions new entrants. Threats of customers 1. Customers have high mobility chances 2. Customers purchasing power. 3. Satisfaction of customer is important Threats of substitute 1. No such threats of substitutes. Table 2: Porters 5 forces diagram to show the Industry competitors Analysis (Source: As created by the author) Segmentation of the market: Market segments: The market segmentation for The Global Fantasy Restaurant is as follows: Business people Business people often stay out for work and therefore, need some good restaurant to eat at. The restaurant needs to use proper marketing strategy to attract more business people. Couples The couples make the more percentage of customers at any restaurant. Therefore, they form an important part of the segmentation. Family A restaurant is a place the families come for a happy meal. Therefore, satisfying the family customers are utmost important. Youngsters The school and college going people are found everywhere in the restaurant but as this is a fine dining restaurant, the amount of students percentage here is less. Single customers The single customers, as are without a companion, are more attracted to a restaurant that is well decorated to enjoy themself. Tourists A city is always has a tourists and tourists are generally attracted towards a restaurant that provides a variety of regional and other cuisines. Table 3: Market segmentation for The Global Fantasy Restaurant (Source: As created by the author) Marketing Concept: The 7Ps: The 7Ps of the restaurant marketing concept are: Product Price Place Promotion Physical environment Process People Table 4: The 7Ps of the restaurant marketing concept (Source: As created by the author) Explanation: Product The type of food products and menu that the restaurant is proving has a great impact on the customers who are attracted to it. Price The price of the food of the restaurant also influences its customers. If the price of the restaurant is high then its customers would be less but if the price is reasonable then more customers would visit the restaurant. Place The location of the restaurant determines its customers. More near to the town centre, the more would be the customers visiting. Process The process of the preparation of food, the service giving process and the presentation of the food is also very important aspect fir the customers attraction. Table 5: Explanation of the 7Ps of the marketing concept (Source: As created by the author) Discussion of the business success: SWOT analysis of The Global Fantasy Restaurant: Strength 1. A profitable business organization. 2. The main strength is providing best quality foods and luxury services to its customers. 3. It is a common industry therefore; the staffs are familiar with their job profile and work. Weakness 1. As a new business there will be problem in establishing the business. 2. Being a new restaurant it is difficult for the management to forecast the customer level and accordingly do food preparation. Opportunity 1. A new restaurant has loads of scope to improve according to the customers demand. 2. It has good chances of being a competition to the existing restaurants in the market. Threats 1. The restaurants services may not be liked b y the customers. 2. The older restaurants may be a tough competition. Table 6: SWOT analysis of The Global Fantasy Restaurant (Source: As created by the author) Staff management team: Organization structure: Figure 2: Organization structure of The Global Fantasy Restaurant (Source: As created by the author) Assessment of staffs required for the business handling: 1. Restaurant manager 1 2. Headwaiter 1 3. Station Headwaiter 1 4. Reception Headwaiter 1 5. Buffet managers 2 6. Beverage manager 1 7. Bartenders 5 8. Drinks runner 10 9. Station Waiter 2 10. Assistant Station Waiter 1 11. Waiters 16 12. Apprentices 12 Total staffs requirement 53 Table 7: Assessment of staffs required (Source: As created by the author) Required resources: Tangible and Intangible resources: Tangible resources 1. Salaries and the wages of the staffs and the chefs and the bartenders. 2. The raw materials costs. 3. Culinary costs. 4. Maintenance costs. 5. Other miscellaneous costs Intangible resources These costs are the cost that arises during emergencies. There is not fixed case for such resources. Usually from the profit, a part is kept aside as general fund and is during the time of emergency. Table 8: Tangible and Intangible resources (Source: As created by the author) Budget: Budget management for the business project: The Budget costing for the start up the Global Fantasy Restaurant: Particulars Amount $ Rent: Security deposit 12000 First month rent 10000 Decorative Costs: Construction costs 312000 Tables and Furniture 50100 Table wares, cutlery, kitchen wares and kitchen equipments 85000 Food and Beverage Costs (Approx) 15000 Other Miscellaneous costs: Insurance of the Restaurant 5000 Permits and License 5000 Technologies of the restaurant 15000 Internet Telephone services 38000 Marketing cost: Menu cost 1500 Fliers and coupons 4000 Business card 100 Advertisements Restaurant opening function 16200 Customers service 5500 Total 574400 Table 9: Budget costing for the start up the Global Fantasy restaurant (Source: As created by the author) Finance: Finance for the project: The main financer of the business would be: Investors: According to Jefferds (2015), the investors are the person or any other company that may allocate their capital in some other institution or company with a view point of some expectations of financial returns in the future. The people or any organization that would invest in this restaurant would be a investor in the restaurant and is liable for a share of profit from the restaurant (Yang 2014). Borrowers: The borrowers are the person who obtains some amount of fund from an individual or a business for a specific period of time with a promise of repaying the debt (Brown 2016). Conclusion: From the above report, the different analysis of the business market analysis, assessments and the calculation of the budget that is required for the setting up of a new business, the different criteria and the costing have been realized. The above report shows the costs, limitations, chances of survival and other concepts of the opening of a new restaurant in Australia. Reference: Brotherton, B. ed., 2012.International Hospitality Industry. Routledge. Brown, K.D., 2016. Financing for Small Southern Style Restaurants. Buhalis, D. and Crotts, J., 2013.Global alliances in tourism and hospitality management. Routledge. 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Fast food restaurant locations according to socioeconomic disadvantage, urbanregional locality, and schools within Victoria, Australia.SSM-Population Health,2, pp.1-9. Wellton, L., Jonsson, I.M., Walter, U. and Svingstedt, A., 2016. Restaurant practicestime, planning, knowledge and dreams.Scandinavian Journal of Hospitality and Tourism, pp.1-15. Yang, J., Ryan, C. and Zhang, L., 2014. External entrepreneurs/investors and guanxi: hostels in a tourism area, Xinjiang, China.International Journal of Contemporary Hospitality Management,26(6), pp.833-854. Yen, C.H. and Teng, H.Y., 2013. The effect of centralization on organizational citizenship behavior and deviant workplace behavior in the hospitality industry.Tourism Management,36, pp.401-410.