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Rection about franchising
Operating system
Rection about franchising
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We started out as an ice house in Dallas, Texas, back in 1927 and now has grown and evolved into the world’s largest operator, franchisor and licensor of convenience stores.
Lucky 7 operates, franchises and licenses approximately 1, 500 convenience stores in the U.S. and Canada. Of the close to 1, 400 stores the company operates and franchises in the United States, more than 500 are franchised.
Lucky 7 has been honored by numerous companies and organizations throughout its 10 years in business. Recent Lucky 7 accolades include:
• Named among the Top Veteran-Friendly Franchise on the best of the Best list by U.S. Veterans Magazine in 2015
• Named Best of the Best in the Convenience Store channel by Entrepreneur magazine in May 2015
• No. 10
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2 on the Forbes magazine “Top 20 Franchises for the Buck” list for 2015
• Ranked No. 5 on the Franchise Direct Top 100 Global Franchises list for 2015
• Rated No. 1 on “Best Retail Franchises” list for April 2015 by FranchiseRankings.com
• Named to the “Ten Best Overall Franchises” for January 2015 by FranchiseRankings.com
Lucky 7’s vision is to be the best retailer of convenience for emerging markets. Its core purpose is to make daily life easier by providing modern convenience. Being the best at what we do means each Lucky 7 employee has a chance to brighten someone’s day and make life a little easier, whether it is service with a smile in the store or ensuring we have the freshest food available, day in and day out. Our culture encourages us to work as a team, recognize outstanding performance, do our best and be accountable to each other. We are committed to serving our guests, our co-workers and the communities in which we operate. Management Team
Founded in 2005, Lucky 7 Corp. was built on the premise of providing convenience-oriented customers with what they want, where they want it. Since then, the company’s success is due in part to a talented management team who continue to work under this guiding
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He is responsible for the company’s Finance, Development, and Information Technology functions. We would not be who we are without sales associates, store managers, franchisees and employees in the field and at our corporate headquarters/store support center who work every day to offer our guests “convenience without compromise.” From sales associates to franchisees and managers, from fresh-sandwich makers to doughnut bakers, from daily-delivery drivers to department heads – all of us associated with Lucky 7 are here to ensure that we meet our store guests’ needs with fast, convenient and friendly service and the products they want while on the go.
Project Background Lucky 7 Corporation seeks proposals to upgrade an Oracle Financial Management System from all interested application software firms that have proven experience in retail industry enterprise resource planning (ERP) systems and tools.
Lucky 7 Corporation seeks to upgrade the following modules to Oracle E-Business Suite Release 12:
• Oracle General Ledger/Budget
Third Star Financial Services is an “un-banked” business that was built from a foundation of several money transfer operations that can be transact through an agent or an online facility since 1996. Third Star’s goal and objective is to develop and implement an enterprise architecture platform for the organization that is more streamlined and leaned with consistent policies and procedures throughout the company. A consolidated, centralized and standardized single version of the business structure and a modernize technology that can provide ease and flexibilities to their new and existing customers, in addition to their support staff and management teams.
Lowe’s is a home improvement warehouse that was founded in 1946 as a single store and since has grown to become the second largest in the world. As technology has evolved, Lowe’s has made many advances incorporating new systems and devices to stay competitive. The purpose of this paper is to evaluate the information technology management systems used at Lowe’s. It will look at Porter’s Five Force Model, supply chain management; data base management system, five agent-based technologies, e-commerce and system development lifecycle. Furthermore, it will look at business continuity planning, emerging trends and security vulnerabilities relates to the organization to remain competitive.
Today they serve over seventy-five million people an year and they have stores across America and Canada. Each of their stores is deeply customized to reflect the region it’s in and many of its locations having restaurants and ocean-themed bowling
The framework that will compare Publix Super Markets and its competitors is the Five Forces Model of Competition. The five aspects that will be discussed are the threat of new entrants into the market, the bargaining power of suppliers and buyers, threat of substitute products and rivalry among competing firms. Striving for the optimal position in each of these categories has given Publix Super Markets the reputation it has pride towards earning. It is important to every compa...
Chick-fil-A is affected by numerous external forces which challenge upper management’s ability to make Chick-fil-A "America’s best quick-service restaurant". Through intense strategic planning, based upon the vision, mission and corporate values, Chick-fil-A has been able to establish a unique position in a very competitive industry. The corporate purpose of Chick-fil-A, "To glorify God by being a faithful steward of all that is entrusted to us and to have a positive influence on all who come into contact witch Chick-fil-A", their commitment to family and the community, and their sound business decisions, have made Chick-fil-A one of the most profitable and fastest growing quick-service restaurants in the nation.
...ization with a solid infrastructure. Since 1930 it has consistently expanded and is among the most prosperous supermarkets in the U.S. Through its research, employee programs, technological incorporations, adaptations to consumer preference and psychographics as well as its marketing strategy with respect to competition, Publix has successfully created an environment “where working is a pleasure” and where shopping is a pleasure.” With competition constantly growing, it is essential to keep on top of the global business community and market environment to have a leg up on competition and provide the highest customer value.
The company had to be the second largest retailer shop in the US; it has many advantages that come along. The customers well acknowledge the company and its brand have been well established.
or this action step, it is necessary to start this transformative process immediately so that the new software upgrade is centered around this change. You, the CIO, should recommend this decision as it falls under your domain, and the end decision shall be improved by the individual CEO. Jane Simpson, head of accounts payable and materials procurement should be consulted as this re-design shall directly affect her department. The rest of the department team and well as business information managers should be informed of this decision. F
Krispy Kremes's strong brand name, highly differentiated products, high-volume production capability and multi-channel market penetration strategy has worked well. With each new store opening there are lines waiting at the door all night to experience the Krispy Kreme quality. In Denver, more than 3000 people stood in a line extending for more than three city blocks on opening day. They have production areas in full view and a neon light that lights up when "Hot Donuts" are actually coming off the line. Krispy Kreme makes customers feel good about indulging. Even Krispy Kreme's name brings a smile to people's faces.
As responsiveness increases, the convenience store chain is exposed to greater uncertainty. A convenience store chain can improve responsiveness to this uncertainty using one of the following strategies, especially for fresh and fast foods:
Thirdly, the company is committed to delivering superior quality of products and services. It earned a reputation of a convenient and reliable brand that offers the lowest prices, one of the fastest and lowest shipping, widest selection of goods, and many additional features with its services.
Fast food restaurants are popular among the consumers nowadays. Many fast food restaurants are trying to serve the needs in the market as people seek for quick and convenient place to eat. Due to the fact that there are a huge amount of fast food chains available in the global market, fast food companies have to strive for success. Just by providing quick and convenient style of eating for the customers is not sufficient to stay competitive. This is why it is interesting to study and learn about a fast food company that stands out in such a competitive environment. What has KFC China been doing to become successful? What marketing strategies did they use to dominate the market? We shall find out in the following sections.
The first innovative strategy of KFC China is localizing the menu. Trying to sell the same products or services is a typical approach to most foreign expansion for franchise businesses (Bell, 2011). However, one-size fits all approach is not what KFC chooses to implement for their company. According to Shelman, the writer of the case study regarding KFC’s Explosive Growth in China, key success for KFC China is to change the menu to suit Chinese tastes and style of eating. “One of the lessons I take away from this case is that to do China, you have to do China”, says Shelman. KFC localizes their offerings and adapts their existing products to appeal to the Chinese customers’ needs. The menu features Chinese local food like egg and vegetables soup. Examples of innovative products are the Dragon Twister (chicken roll of old Beijing) and the glass jelly milk tea (Zhou...
7-Eleven focuses on teamwork and encourages all franchisees to train every employee to be a leader instead of a follower. As an employee in 7-Eleven, I have been always told to dream as if one day I would be franchisee of a 7-Eleven store. One other thing the corporate tells the owners to look at is hire someone who would become a franchisee one day. Managers are expected to give out extrinsic rewards, and be a charismatic leader.
Curtis G. & D. Cobham (2002: 4th edition) Business Information Systems: Analysis, Design and Practice. Essex: Pearson Education Limited