KRISPY KREME DOUGHNUTS Q1 Analysts are predicting that Krispy Kreme will be able to perform highly effectively and continue to grow rapidly in the coming 2 years. Do you agree with their analysis? If so, why? If not, why not? Answer 1: We do not agree with the predictions made by analysts about Krispy kremebeen able to perform highly effectively and continue to grow rapidly The company believed in entering new geographic markets quickly and lock up the best locations to build brand name and a customer base which led to high investments in plant , buildings , assets in year 2002 the company spent $37 million to construct and equip new company owned factory stores.
SUMMARY PROBLEM STATEMENT In the spring of 2003, Mark Taylor, recently promoted to operations manager at Thicketwood Ltd., a custom kitchen cabinet manufacturer in Kitchener, Ontario. The company has to ensure that the plant's capacity would meet the upcoming year's forecasted demand of 2000 kitchen cabinets. But for now, the plant's manufacturing all relies on the handcraft of workers. No matter is the quality or the quantity of productions, cannot satisfied the demand either. Taylor's first plan was to purchase a computer numeric controlled(CNC) router, however, he was not sure whether to purchase a new or used machine.
Case Brief Peak Garage Door, Inc. Peak Garage Door had just finished its company planning process and wanted to increase its sales by 36 percent with a sales goal of $12.5 million for 2004. With such a large increase there was concern that the current distribution approach would not be sufficient to increase sales by the amount necessary. Richard Hawly, Director of Sales and Marketing, has been tasked with devising the best distribution strategy that would be consistent with achieving the 2004 sales goal. In devising the best distribution strategy several factors need to be considered.
The slump was due to lack of marketing efforts and the fact that the vineyard was owned by a British company, Stout PLC, whose interest in Calaveras was low at best. Stout PLC acquired Calaveras as part of a larger conglomerate vineyard purchase and simply wanted to sell Calaveras to focus on larger wine and spirit markets. In a six year period, Calaveras changed ownership three times and despite this, Martinez and Newsome worked hard to keep their family-rooted reputation. They improved brand recognition and overall market position through major capital improvements, technology enhancements, market segmentation, and quality control
Cohen was also faced with the decision to adopt the model now with the holiday season approaching the busiest time for C&S or to wait after the holidays. He had read an article that credited self managed teams with enhancing a company’s quality, productivity, and competitiveness when implemented successfully. He had also experimented with five senior employees who joined to form a self managed team which had proved to be successful. C&S wholesale Grocers had accepted to act as the principal wholesaler to A&P stores throughout New England which increased their sales by thirty five percent. With the sudden increase in business, Rick Cohen noticed that the company is faced with a deteriorating work environment.
The framework that Coke uses in its strategic planning according to Miles and Snow is the prospector. According to the text, the prospector strategy is a strategy in which an organization continually innovates by finding and exploiting new product and market opportunities. The company estimates that as much as one-third of the industry’s growth in North America over the next 5 to 10 years could come from disruptive brands in categories that do not exist today. This represents a vastly different approach then was previously employed by Coke as the company is constantly looking for new products to expand their product line. In 2007 Coke’s Venturing & Emerging Brands (VEB) team was created.
The team focused on the emerging personal digital assistant (PDA) market, which in the early 1990’s was believed to have explosive growth potential. As a consequence the team created a product that had incredible shock resistance and low power consumption, and weighed less than an ounce. However, things didn’t develop as the Kittyhawk team expected. They failed to sell the new product to the customer they planned. Even though some new customers were interested in this advanced technology, the price of 1.3-inch disk drive was considered to be too high and sales were very low.
Krispy Kreme Executive Summary Background Krispy Kreme Doughnuts, started in 1937, is a doughnut manufacturer and retailer that acquires its revenues through “on-premise retail sales, off-premise sales to grocery and convenience stores, manufacturing and distribution of product mix and machinery, and franchisee royalties and fees”. Their main competitive advantage is the “factory store.” Even operating out of franchise stores, they manage to make their food on site. In April 2000, Krispy Kreme boasted a share price of $40.63. By January 2005, it had fallen below $10. Krispy Kreme managed to expand rapidly around the turn of the millennium – each time they opened a new franchise, they sold high profit margin equipment to the franchisee, and charged a high upfront fee, yielding lucrative one-time profits.
In 2000 there was a vaccine shortage because quality control issues caused a 6-8 week delay in vaccine delivery. That year supplies were distributed unevenly and prices doubled as a cause of the perceived increase in demand. In 2001 only about two thirds of the produced doses were available at the beginning of the flu season. Then again in 2003 the amount of vaccine supplied did not meet the demand for vaccinations because 4 million doses were destroyed and 87 million were inappropriate for that season’s flu strain. Not taking any action in this case has proven to be a bad decision as was quickly learned in 2004.
The main aim of Tesco is to make profit and the reason it will make profit is because it is a well know and established company which has been trading for many years. It has over 2000 stores around the world and it is employing nearly up to 300,000 people which proves that it is a global organisation. Sector of the economy Tesco operate Tesco operates in the tertiary sector which is also know as the service sector and is one of the three main economy sectors, the tertiary sector is something which involves providing a service or product to customer. Some services may involve sales of goods such as food and electronic gadgets to consumers. The products which Tesco provided within there stores are food, books, games ect.. but they don’t not only provided products they also provided services such as car insurance, loans and mobile contracts ect..