Following are the ratios of 4 years before and after IPO, which will show us how the net proceeds from IPO benefit company. | |2002 |2003 | We could see all the indicators up steadily since 2006 (IPO)till 2009.The significant factors contributing to the increases in sales were new restaurant openings and comparable restaurant sales increases, due to focus on customers, and an increase in the number of transactions. Both of two mainly reasons, new opening and comparable restaurant sales are financially support by net proceeds from IPO. ‘We believe that cash from operations, together with the net proceeds from the initial public offering will be enough to meet ongoing capital expenditures, working capital requirements and other cash needs over at least the next 24 months.’ ------from management Company stock price trend after IPO Following is the price monthly since Jan 25, 2006, a successful IPO, we could see the price up and up sharply, which maximums the interest of shareholders.
For the second year in a row, the popularity and success of Pita Pit Inc. has positioned the company on Restaurant Business Magazine’s ranking of the fastest-growing small chains in the United States, coming in this year at No. 29. “The Future 50 exemplifies the best this industry has to offer,” said Sam Smith, Editor in Chief of Restaurant Business. After analyzing many different types of restaurant concepts throughout the U.S., Restaurant Business named the top 50 “rising star” U.S. franchises based on factors such as growth, sales, and quality of the product being served. “This very prestigious ranking acknowledges the success we’ve enjoyed in the past, and that Pita Pit will indeed continue to grow into the future,” said Jack Riggs, CEO of Pita Pit USA.
One of the greatest attributes of McDonald's is its "everyday affordability" message that drives customers to McDonald's restaurants. Through marketing McDonalds has the best customer base of all companies, ranging from 3 years old all the way up to the senior citizen with a discount. Everyone knows the slogan “Mickey D’s” you can't possibly drive by a 'golden arches' without having to stop. With the backup of sponsorship’s and integrated campaigns like the Olympics, movies, foundations and the infamous “I’m Lovin’ it” ads are all marketing tactics to better the business. By combining fundamentally sound operational practices with innovative marketing strategies, Ray Kroc (McDonald's originator) laid the foundation for McDonald's global success.
Some of the executives have found that diversity strategy has become Allstate’s competitive edge. Allstate focuses on two major strategies: Internal diversity- is where Allstate shows the employees how they can excel in the company by giving them the tools, resources, and opportunities to succeed. External diversity- is where Allstate is making certain that the workforce matches the backgrounds, experiences, and sensitivities of the market it serves (Hellriegel, & Slocum p. 215). The diversity index at Allstate asks the following questions of employees: • To what extent does our company deliver quality service to customers regardless of their ethnic background, etc.? • To what extent are you treated with respect and dignity at work?
The Importance of Marketing Research Paper MKT/441 January 28, 2012 Cyndie Shadow * Introduction Marketing research is a key element of the business planning process and when intelligently used is key to business achievement. The function provides a competitive edge to organizations that are able to accumulate, analyze, and use the information versus those that don't. The more an organization’s marketing team understands about their target audiences and the ways in which they wish to receive and respond to information, the better they become at putting together successful marketing programs to reach that audience. This paper will define marketing research as well as discuss the different types of research McDonald’s Restaurants uses to understand its customer base and tailor products, marketing programs, and communication to the needs of specific groups. Define Market Research Marketing research is the planning, collection, and analysis of data relevant to marketing decision making and the communication of the results of this
Virtual Organization: Kudler Fine Foods FIN/370 Kudler Fine Foods is an exquisite food company who sells a huge selection of the freshest ingredients as well as any necessary equipment used to make a gourmet meal. Kudler has three locations, and they serve the metropolitan area of San Diego. Each location provides services that range from a European style Bakery to a large selection of wine. It is a business currently held privately. However, they are anticipating and wanting to grow and expand their operation, as their desire is to become wealthy far beyond what they can imagine or dream.
Competitive Advantage William Hartzfeld Bus 100 December 1, 2013 Dr. Manners A SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis is a strategic planning tool that can help a business to boost profits and productivity by understanding its competencies (strengths and weaknesses) as well as the competition. The restaurant I choose to identify their competitive advantage is Ruby Tuesday. Ruby Tuesday was founded by a young man named Sandy Beall near the campus of the University of Tennessee and has brown to more than 800 restaurants worldwide. Strengths As a whole, Ruby Tuesday has many strengths as a local restaurant.
mee | The Home Depot | Memo To: | Supervisory Team | From: | Midlevel Manager | Date: | November 4, 2013 | Re: | Organizational Changes | | | | | “Organizational culture is a complex adaptive system that uses coherence as a potent binding force” (Leban & Romuald, 2008, p. 100). Just like in social cultures, business cultures program the workforce of a company with a common set of standards, and attitudes. Corporate cultures are responsible for a company’s organizational behavior. In December 2000, Home Depot’s leadership was the responsibility of Robert Nardelli. Although Home Depot was already a profitable company, there was a financial and operational worry putting in danger the company’s
Strategic Plan, Part I: Conceptualizing a Business University of Phoenix Integrated Business Topics BUS/475 February 4, 2013 Strategic Plan, Part I: Conceptualizing a Business In conceptualizing a business the owner or owners need to select the company’s mission statement, it’s values and the vision to determine what strategic direction the organization wants to follow to be successful in that industry. The type of business that will be describe is service style industry, which will show the type of clients pursued, and what type of mission statement and vision that will aid it’s owners in their decision process. Then define the guiding principles in understanding the culture, social responsibilities, and ethics within an industry.
Business Research Justin Dowdy, Whitney White, Varonika Allen, Charles Larpenter October 7, 2012 University Of Phoenix Business Research 351 Debra Bacon The following essay will attempt to define the role of research in a business setting. As a group, team “C” has found that research is imperative to any organization that wishes to provide solutions based on business intelligence and accurate findings. Business Research is essential to developing strategic plans to accomplish corporate goals. Additionally, business research helps managers to determine the best course of action in their decision making process or in developing a production process. Research may be either Applied or Scientific.