BUS661 Week 1 Assignment.docx

3 losing out on funding because of the atmospheres a

This preview shows page 3 - 4 out of 6 pages.

3 losing out on funding because of the atmospheres a decision was made for them to merge. From the merger Thee Corners was created. It offered a setting where drinks continued to flow and the music genre was based on the customer as a digital juke box was operated. The change in the organization worked for several months until it slowly turned into a bar where the elderly had to have their drinks before the younger crowd came to ruin their fun. Six years after the merger BID was losing $100 million dollars a year and like Three Corners after their merger they faced a financial meltdown- Three Corners saw a loss of $120,00 in a single year. Some of the major issues faced for each establishment were quality, safety, low employee drive, and lack of management. Membership was not a requirement in Three Corners but those who were members of the old Elks lodge clearly received better quality service. For example, having their drinks served in glasses versus plastic rock cups. The elderly crowed vowed to stop coming to Three Corners in fear, they did not feel safe when evening hours approached, and the younger crowd came in. Younger patrons of the bar were reluctant to tip; therefore, bartenders did not want to continue to serve them. The new managers of Three Corners let all issues fall by the wayside and turned a blind eye to customer complaints and health regulations. Quality was an issue with the BID as well. Due to the financial turmoil hospital administrators were forced to focus solely on short-term survival (Kutyla,et al, 2004). BID suffered from issues with employing qualified individuals as the new rules from the merger left them in fear of admitting errors due to their momentous poor technical setups. There was lack of teamwork throughout each department. Training was inadequate and financial incentives were little to none. Each company was able to bounce back slowly. After each organization began to focus on transparency and commitment to quality. Managers of Three Corners made their financial
Image of page 3

Subscribe to view the full document.

4
Image of page 4
You've reached the end of this preview.
  • Spring '12
  • AGUILAR
  • Management, Benevolent and Protective Order of Elks, Beth Israel Deaconess Medical Center

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern