Preview

BUSN379 Finance - Course Project I

Satisfactory Essays
Open Document
Open Document
593 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
BUSN379 Finance - Course Project I
LongHorn Steakhouse

Introduction

LongHorn Steakhouse was first founded in 1981 in Atlanta, Georgia by George McKerrow, Jr. His vision of the restaurant was to provide the most perfect steak, but nobody seem to have taken notice of his restaurant until about 1982 when he thought the restaurant was about to not make it . There was ice and storm that hit the south that took a no name steakhouse to what everyone knows today as LongHorn Steakhouse. LongHorn is now part of Darden Restaurants, which is why they have been able to become such a popular name. Since 1982, LongHorn has over 435 locations in the East, Midwest, and Southwest United States, and in Puerto Rico , and the company is still growing strong.

LongHorn Steakhouse is just that, it is a restaurant that provides the finest cuts of beef. They show their passion for grilling fresh steaks that have never been frozen, with special seasoning that is only known to them. Not only are they known for their steaks, but for their chicken, fish, and fall of the bone ribs. This is a well-rounded restaurant and anyone from the age of 5 to 99 can find something on the menu that will be fitting to the pallet.

Since LongHorn Steakhouse is part of Darden Restaurants, the strategic vision actually falls under all of the restaurants under Darden. There are a few things that separate this group of restaurants from the rest that make up their strategic vision. The Darden Restaurant Group believes in integrity and fairness; meaning that they follow through on all of their commitments . Being of Service is an important part of the vision, as it shows that the company is willing to go above and beyond its’ normal needs to guarantee that everyone is content . There are so many different parts of the Darden vision, and one other one that really brings to light of what kind of company this is and why it is different from others is that, they are always learning and always teaching. From this Darden is willing to

You May Also Find These Documents Helpful

  • Powerful Essays

    For this course project, I have chosen Cisco Systems, Inc. and tried to do the DuPont analysis for this company. Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. Cisco also provides broad line of products for transporting data, voice, and video within buildings, across campuses, and around the world. Various products offered by Cisco are switching, NGN routing, collaboration portfolio integrating voice, video, data and mobile applications data center and other networking products. Cisco Systems has a market cap of $128.77 billion and is part of the technology sector and computer hardware industry. Cisco's Collaboration portfolio integrates voice, video, data and mobile applications on fixed and mobile networks across a wide range of devices and endpoints from mobile phones and tablets to desktops, Macs and laptops to desktop virtualization clients. (http://www.forbes.com).…

    • 1050 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Jamba Juice Company is a restaurant retailer headquartered in Emeryville, California with over seven hundred and fifty locations, and operating in twenty-six states; plus the Bahamas, Canada, Philippines, and South Korea (Jamba Juice). There are approximately three hundred and seven company-owned locations and four hundred and forty-three franchise-operated stores, in addition to over nineteen international locations (Jamba Juice). Jamba Juice was conceived and founded in April 1990, an exact year before I was born, by Kirk Perron an avid cyclist and healthy lifestyle advocate, who opened his first store in San Luis Obispo, California (Jamba Juice). He was later joined in the business by three friends Joe Vergara, Kevin Peters, and Linda Ozawa Olds (Jamba Juice. While the company has been on the decline, as I will discuss in this analysis, Jamba, Inc. completed a thirty-five million dollar convertible preferred stock transaction, which is all theirs in June of 2016 (Jamba Juice). Jamba, Inc., through its subsidiary, Jamba Juice Company, owns, operates, and franchises Jamba Juice stores. Its restaurants offer whole fruit smoothies, squeezed juices, hot oat meals, breakfast wraps, bistro sandwiches and mini-wraps, California Flatbreads, frozen yogurt, and various baked goods and snacks. While they are in the food industry, their top competitor is Starbucks.…

    • 3401 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    LongHorn Steakhouse in Griffin is casual, family-friendly spot for grilled steaks, seafood and other American favorites. The location includes a full bar for beer and cocktails so you can enjoy great food and drinks for lunch and dinner. Make sure to check out the expertly grilled legendary steaks, which are seasoned with a secret spice blend before being seared over an open flame. Choose from 10 different cuts, including the LongHorn porterhouse, outlaw ribeye, fire-grilled T-bone and Flo's filet.…

    • 148 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    1. For this assignment, choose a type of company that you could imagine yourself starting.…

    • 309 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Twiddy, D. (2010, February 10.). Sprint Nextel isn’t planning more layoffs, at least for now..…

    • 2610 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    2. A local college bookstore paid a net price of $12,500 for textbooks for the coming semester. The…

    • 895 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    1. The financial choices we make impact our economy. Think of a recent item you purchased. What factors influenced your decision in making this purchase? Did this purchase impact your local economy? Explain why or why not.…

    • 898 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    I have lived in Fort Worth my entire life. Not once have I experienced any steak that was as wonderful as the one served at Riscky's Steakhouse. A younger family with a decent income and willing to taste what Fort Worth has to offer is the perfect fit at this one of kind restaurant.…

    • 509 Words
    • 3 Pages
    Good Essays
  • Good Essays

    LongHorn Steak house provides their guests with the finest cuts of beef and other favorites for the not so steak crazed guests. The menu includes; choice chicken breast dishes served with a fresh backed potato, delicious sea food assortments such as lobster or shrimp dishes served with butter based sauces, and of coarse their delectable, juicy, rip, steaks. The price ranges for these dishes are all reasonable with the most expensive dish at $30. There’s a sort of magic in the air when guests receive their first grill scoured steak. The smell is almost uplifting, little bit of garlic, herbs, spices and the smell of a steak grilled to perfection. It tastes better then it smells with its crispy outer and tender inside with a buttery musk after taste. Sauces aren’t needed with steaks like…

    • 415 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    This school is a community school that was built ten years ago to meet the need of the growth explosion West Boynton Beach. The average household income is approximately $80,000 per year. The school has a total enrollment of 689 students with 90% Caucasian, 4% Hispanic, 3% African American and 1% other. About 1% of the student body receive free/reduced lunch and breakfast. With this population the school has on staff 32 classroom teachers, 2 administrators, 4 ESE teachers, 4 paraprofessionals, 15 support staff, 5 cafeteria staff, 4 office staff, and 4 custodial staff, a total of 68 staff members. Most of Crystal Lakes Elementary feeds into Christa McAuliffe Middle, the neighborhood community middle school. While a small percentage of our students go on to the various magnet schools in the…

    • 643 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Although Texas Roadhouse is mainly known for steak and cowboy boots, it should be known for many other reasons too. The restaurant is located just off of Wade Hampton Boulevard, making it much easier for me to choose this restaurant to eat at. I have eaten at this same Texas Roadhouse about five times within three years and this time was the worst! Texas Roadhouse is a good candidate for a restaurant if people like delicious food, a talkative waitress and a loud lunch or dinner.…

    • 473 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Geographic Segmentation - Darden’s Longhorn chain is primarily located in the eastern half of the country which will provide future opportunities in regards to expansion.…

    • 461 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    While majority of the questions will be similar to what we have discussed in the class, be ready for some challenging questions. These challenging questions will be based on the topic discussed in the course, but may be quite different from the assigned problems for each chapter.…

    • 3264 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    In 1961, In-N-Out Burger started the animal style burger for responding their customers' requested since they always listens to their customers. Then, whenever customers come up with their own ideas about the food, in n out provide them exactly what they want to fit their need, so customers have the menu in their mind. The reason that many of customers have become to In-N-Out Burger's loyal customers is because the choice of multiplied stacks of cheese and beef and the “animal style”.…

    • 1774 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Wendy's Case Analysis Paper

    • 3709 Words
    • 15 Pages

    Wendy's (Formerly branded as Wendy's Old Fashioned Hamburgers) is an international fast food chain restaurant founded by Dave Thomas on November 15, 1969, in Columbus, Ohio, United States. Wendy’s known as the Wendy’s/Arby’s Group is the third quick service restaurant company. The merger of the two companies in 2011 comprised of the two brands Wendy’s and Arby’s. Wendy’s/Arby’s Group generated about $12 billion in system wide sales and comprise over 10,000 restaurants. The industry as whole is dominated by what is termed the “big four” which comprises McDonalds, Burger King, Wendy’s/Arby’s Group, and Yum Brands.…

    • 3709 Words
    • 15 Pages
    Powerful Essays