Ruths Chrisris: SWOT Analysis Of Ruth's Chris

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Introduction:
Ruth’s Chris house has been a successful franchise in all the four restaurants existing outside US, and in this regard, the company seeks a breakthrough into other new international markets. The best business ground worth considering presents Brazil as the next destination for Ruth’s Chris as far as international expansion is concerned. A look into the prospects of Sao Paulo in Brazil as the next target requires a SWOT analysis of the new ground that would aid in the assessment of the finer details of the prospects that await Ruth’s Chris as a franchise.
Brazil’s SWOT Analysis:
Strengths:
• Sao Paulo in Brazil has become a potential business hub and unarguably the largest financial center in Latin America.
• It is also important …show more content…

• The runaway corruption in the country harms the business environment and causes collapse of various established institutions and industries.
Ruth’s Chris SWOT Analysis:
Strength:
• A strong clientele base in the four restaurants outside US signifies a stable franchise
• Ruth’s Chris enjoys a stronger brand presence compared to its competitors in the ever-crowding industry.
• Enjoys availability of reservations facilities
• The restaurant has provision of both beverages and food in their menu.
• The outlets enjoy efficient economies of scale as there exist niche product offering.
Weaknesses:
• Most of its restaurants only offer dinner.
• It has been faced with the problem of brand recall getting restricted as there is low advertisements and exercise of marketing programs.
Opportunity:
• When different kinds of menu for lunch and dinner are included, there is an opportunity for attraction of more clients in the new outlet
• Availability of online ordering facility presents the franchise with a competitive edge over its rivals. …show more content…

This entails the way in which the organization management personnel address the concerns raised by the employees as well as how they interact. In the event the Ruth’s Chris management maintains a good interaction with the staff, there are minimal conflicts in the workplace, the employees will have morale and hence the productivity will be significantly increased. Management can improve the communication with the employees to let them to be aware on all the developments within the organization. The management should emphasize on reducing the employee’s turnover as a way of taking part in their career development. This may involve the setting up of development plans through the annual performance

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