Free Essay

Hankook

In: Business and Management

Submitted By sudip
Words 947
Pages 4
INTRODUCTION
Hankook Sarang, a Korean restaurant, is a famous name in Nepali hotel and restaurant scene. By adhering to its strict standards, Hankook Sarang has managed to earn an excellent reputation amongst food buffs for its mouth-watering delicacies served in an excellent ambience and at a reasonable price.
The hard work and dedication put in by its founders, efficient management and well-trained staff work in concert to make Hankook Sarang outlets, family restaurants popular among a cross-section of patrons for authentic Korean delicacies, a huge success.
It has been steadily building up its reputation for quality food and service since mid -2003, having carved a niche among its patrons it now plans to expand to other places and cities of Nepal.
With the mission of providing the highest level of culinary and hospitality experience, Hankook Sarang is a delicious Korean getaway for a rumbling stomach.
Whether you are celebrating a special occasion or simply enjoying a day out, a dining experience at Hankook Sarang will create memories you can never forget.
The restaurant has great Korean traditional food, pleasant surroundings and reasonable prices unmatched to any other outlet. Ultra-hip ambience and authentic Korean menu with new age flavor assures you a sumptuous dining experience.

OBJECTIVES
The objectives for my research on Hankook Sarang Restaurant are as follows: * A key objective for Hankook restaurant is to offer a higher-than-usual level of customer service. * To know about small business hospitality organizations operationally and financially. * To know about the business opportunities of Hankook Sarang Restaurant. * To identify the characteristics of small business hospitality organization. * It serves the delicious Korean dishes in an excellent ambience and at a reasonable price.

FINDINGS
Hankook Sarang (Love for Korea) has become synonymous with Korean gastronomic experience in Kathmandu. Immaculate in its services, it brings age-old flavors of traditional Korean cooking. Exotic herbs and fragrance are tempting enough to make your taste buds go "yum". The eatery offers wide range of Korean delicacies blending the traditional and contemporary method of food preparation. The owner of the restaurant states that he established this restaurant because he wanted the Nepalese people to experience the Korean dishes and provide its services to the Korean food lover in Nepal. They also offer a wide variety of authentic Korean cuisine. The service is friendly and there’s a pleasant alfresco garden. Majority of the people also said that they have a good experience of having Korean foods in this restaurant. It serves the best Korean dishes in the town.
The competitors of Hankook restaurant are Villa Everest Korean restaurant, Saan Sarang Korean restaurant, Sa Rang Chae - Korean restaurant, Haemil Korean restaurant, Gyoung Bok Gung Korean restaurant as these restaurants also offer Korean cuisine to our target markets. These restaurants are well established and have a large number of market shares in the local market. Talking about the promotional activities carried out by the management of Hankook restaurant, I found that Hankook usually gives advertisements in the local newspapers and magazines. It also offers various discount coupons on both foods and beverages to the guest. It has also got its facebook page which provides information to the customers.

SWOT ANALYSIS
S.W.O.T is an acronym that stands for Strengths, Weaknesses, Opportunities, and Threats. A SWOT analysis is an organized list of your business’s greatest strengths, weaknesses, opportunities, and threats.
Strengths and weaknesses are internal to the company (reputation, patents, location). You can change them over time but not without some work. Opportunities and threats are external (suppliers, competitors, prices) they are out there in the market, happening whether you like it or not. You can’t change them.
The SWOT analysis of Hankook Sarang restaurant:
Strength:
* It serves varieties of traditional Korean dishes * Materials and sauces are imported from Korea * Entertainments supporting * Good ambience * Experienced chefs * Good name in the market * Safe parking lots * Free Wi-Fi zone * Karaoke room * Ice-cream parlor * Garden

Weakness: * Improve the quality of the services. * High cost of materials supply * High staff turnover * Problems of uncleanness * Weak Management * Inexperienced staffs

Opportunities: * Good location * Expansion of business by opening it in other cities like Dharan * Order the food through the internet * Home delivery service * Serves as well as non-Korean food * Free internet Wi-Fi with Garden * Creating new menu * Innovation in customer services * Korean food lover

Threats: * Faces many competitors * Opening of many Korean restaurants * Prices are all high * Economic and political turbulence. * Competitors like Villa Everest Korean restaurant, Saan Sarang Korean restaurant, Haemil Korean restaurant, Gyoung Bok Gung Korean restaurant can make it difficult for Hankook Sarang to attract more customers.

CONCLUSION
Hankook Sarang is a Korean restaurant that has its outlet in Jawalakhel and Thamel. It has now also opened its restaurant in Dharan. This place has been popular among Korean food lovers since the time it opened in 2005. Sam Gyeop Sal, Bul Gogi, Bibimbab, Je-Yook-Bokum, Kimbab Sushi etc. are highly popular items from its kitchen. This place has seating arrangements that can accommodate a reasonably sized crowd of 150 people, indoors, outdoors and in the terrace. There are lovely paintings, art decors, wood paneling, stone-tiled floor, low seating arrangements, all of which add to the homely feel of the place. The bar has a selection of imported and local brands of liquors. There's a Karaoke Lounge here and Wi-Fi facility too. This place is recommended for casual gatherings, birthday celebrations and for family lunch/dinner. Hankook Sarang is a rare combination of authentic Korean taste and good value. Overall, Hankook Sarang is one of the best restaurants in Kathmandu which provides Korean cuisine. (Hankook Sarang)

(Hankook Sarang) (Hankook Sarang)…...

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