Jollibee was founded by Tony Tan Caktiong in 1975. At that time, it just an ice cream parlor. A year later, Jollibee had evolved into family business which called Jollibee Foods Corporation after owned 5 stores Jollibee’s restaurant in metropolitan Manila. Jollibee’s success in Philippine grabbed foreign business people attention and they believe it cans success against McDonald. Tan family has been motivate and grabbed this opportunity to go aboard. They began to play as a pawn in global chess and compete for global position in fast food industry. Soon they go into international, 2 major issues rose which is location and partner’s trust.
Australia is another opportunity for Jollibee to venture in fast food industry. Statistic has shown that Australian had spent on fast food has increased by 23% over the past four years. According to Commbank Signals study, increase in fast food consumption was due to financial crisis in 2009 (Ting, 2013).
There are several types of entry mode to use for Jollibee. Franchise is the most suitable ways to enter Australia market. Franchise enables to create business opportunity for Australian who wants to do business but does know how to start a business. Franchise is the best option because Jollibee will guild them how set up their own restaurant and provide training. Griffith University had conduct a survey proven that 90% if the franchisees were operating profitability (Frazer, Eeaven and Bodey, 2012) and Australian would prefer to buy franchise license which the risk is lower for them. Another reason of using franchising was Jollibee had tried another types of entry mode such as joint venture and partnership and failed in the past because lack of trust and lack of understanding of location th...
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...daily operation and management by themselves as they are the business owner in their town. Franchisee is a businessperson and has the right to manage people in their own way and they only follow Jollibee’s operating manual guideline. However Jollibee able to monitor achievement been made by the business and identify areas of poor performance. Jollibee can have regular updates to ensure that franchisee doing things right and sticks to Jollibee’s procedure. This may help Jollibee to reduce potential failure as they work as a whole network.
In conclusion, Tingzon need to select new franchisee more cautiously and do not repeat the mistake Jollibee had made in early years. Franchise will reduce the risk and cost for Jollibee but it also need to look after it brand image on franchised outlet. There is a great market opportunity to expand more outlet in Australia.
Availability of online ordering facility presents the franchise with a competitive edge over its rivals.
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.
• The franchisees could leverage the ICEDELIGHTS brand, product, training capabilities, and real estate experience once ICEDELIGHTS could provide the support
The main challenge is to determine how Panera Bread can continue to achieve high growth rates in the future. Panera Bread is operating in an extremely high competitive restaurant market which forces the company to improve and to grow steadily for staying profitable. The company’s mission statement of putting “a loaf of bread in every arm” is just underlying Panera’s commitment for growing. They are now in a good financial situation and facing growth rates of up to 20% per year in a niche market that has a great growth potential. In the next 7 years the fast-casual market is expected to grow by 500% in sales to a total of $30 billion.
This compare and contrast essay is over two versions of “The Monsters Are Due on Maple Street”. The two versions of the story that will be compared in this essay are the teleplay and the short story. The essay will include similarities and differences regarding the plot, how the teleplay construction differs from the short story, the differences between the two genres and how they affect the reader, and my opinion of which genre I prefered and why.
The Panera Bread Company began in 1981 as Au Bon Pain Co., Inc. Founded by Ron Shaich and Louis Kane, the company thrived along the east coast of the United States and internationally throughout the 1980’s and 1990’s and became the dominant operator within the bakery-café category. In the early 1990’s, Saint Louis Bread company, a chain of 20 bakery-cafes were acquired by the Au Bon Pain Co. Following this purchase, the company redesigned the newly acquired company and increased unit volumes by 75%. This new concept was named Panera Bread. Top management chose to sell their previous bakery-café known as Au Bon Pain Co. due to the financial and managerial needs of Panera. In order for Panera to become the success top management visualized all resources needed to become available for Panera. Panera Bread is now the most successful bakery-café in the category in which there are currently 1,777 bakery-cafes in 45 states and in Ontario Canada (Panera Bread).
The Family Medical Leave Act of 1993 (FMLA) was established to provide employees with ability to take a leave from work for personal or family health issues. The Act lays out specific circumstance in which an employee may take up to 12 weeks of unpaid leave within a 12 month period. Under the law, employees may request a leave for personal health issues, to care for a child, spouse or parent with serious health issues, birth or care of a child during the first year or for newly placed adoptions within one year. Employees are covered under FMLA if the employer has 50 or more employees and the employee has worked for the employer for at least 12 months. The employee must submit a written request for FMLA and provide documentation supporting their request. Once approved, the employee may take up to 12 weeks of unpaid leave. Upon return the employee is guaranteed a job, if the employer had to fill their position out of business necessity, the employer must provide the employee with a position with equal responsibility and pay.
During the Great Depression, while the competitors were cutting costs and reusing outdated designs, Kress was expanding and building more elaborate stores than their previous ones. The architecture was referred to as an “emporium” evoking an elegant atmosphere more suited to a fine cloth or furniture store in New York rather than the five & dime stores dotting small town America. Many wonder what the driving force was behind these design decisions, especially during a national time of economic recession. Perhaps simply to outpace the competition, but perhaps more importantly Samuel Kress was an avid art collector and a proponent of public art enhancing a community. In this way the Kress legacy of the brand became more than a retail business, it became a symbol of small town civic pride.
Religion’s chief functions include: a system of explanation and justification for morality. Religion in society provides us with a sense of purpose, security, morality, and obedience. This impacts every society because, as Pojman stated, “it legitimizes social mores, morality itself, as well as rituals for the dedication of children, rites of passage, marriage, and the passage from death to the beyond” (Pojman 1). This gives an accurate explanation of the different cultural traditions and views that exist worldwide.
Interprofessional Practice (IPP) is the ability to provide a comprehensive health care service to all patients. Healthcare providers achieve this joining together and working collaboratively to deliver quality care across a range of healthcare settings. An interprofessional setting may offer several benefits to patients, including improved access to healthcare, less conflict and tension amongst caregivers, improved use of clinical resources, better retention of staff, better results for patients in particular those with chronic diseases. (http://www.ontarioshores.ca/about_us/our_approach/interprofessional/). This paper will discuss the benefits of an interprofessional practice to the patient.
Jo G. Holland’s article, The Feminization of the Community Corrections Work Force, was published in Corrections Magazine (Holland, 2008, pp. 44-47). It discusses issues related to women in the corrections profession, including historical male domination, barriers for women, and the challenges ahead.
As a starting point I have chosen to use the “Experimental Learning Model” (ELM) (Kolb & Fry, 1975) both because of its simplicity and to limit my own tendency to over complicate things as a way of avoiding bringing myself onto the page, which is something often commented upon in previous feedback.
competitors, serving as a role model to other global food service, and its drive thru innovation.
The first step in any business is to think of or create a business idea. Without an idea, one cannot launch their business off the ground. A right direction is needed to create a business with a unique idea. However, other options include franchising or buying an existing business (1). Franchising allows an individual to run stores such as Burger King or McDonalds under the corporate name. It involves taking training classes and a heap of money in order to start a franchise. A Franchisee will have to buy products and services from the corporate entity they are franchising from, which is often required. Buying a franchise is like taking a piece of the pie from the company that is franchising and sharing that pie with everybody else. In addition having a franchise allows one to communicate and in essence become a big part of an added business opportunity (4). Franchising is far from easy to start and maintain for that matter. Starting a franchise involves a l...