Challenges faced by the Cravia team in 2014
Cravia from its inception it has managed to spread in the country and reach almost 70 to 80 in number. The company started its Lebanese brand ZwZ in Saudi Arabia. The company has increased its profit margin by around thirteen percent after it opened its branch in Saudi Arabia to a total profit of 40 million US dollars. The company had its challenges during its year in the Kingdom of Saudi Arabia when the time of Ramadan fell. During this time they had to remain closed and hence had a huge loss during this period. Cravia had its brands such as the Pizza hut, yum brands and also the Applebee’s which was franchised in Kuwait. Various staffs had been put in charge of these operations to ensure that the
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The sales of the outlets were revised on a two month basis which ensured that there was a continuous audit of the returns and that the sales were being monitored to ensure that the sales targets were met. The key performance indicators were identified and then studied for each branch to calculate the bonus for the managers of each branch.
The company ensured that the branch offices had the flow of control as per the flow of the control as seen below:
Figure 2: Cravia organization chart (source: Hajj, 2016).
This ensured that the flow of command as well as the information between the various levels of the organization were in sync and that the organization was steered to meet the visions of the management.
The company had its operations in the various regions of the Middle East by ensuring that the locations or shops were leased. Cravia ensured its smooth operations in the country by making that that each operation is outsourced and that these parties had the required inventory for just in time
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The company found it very challenging to import the American beef to the Saudi Arabia due to its high import duties. The company is in search of a shop that can sell them the best beef that can help them have a sustained beef quality in the market. The company eyes of starting a branch in Bahrain to which they assume will help them to improve the sales of the company. The company has bought the franchise rights for this fast food chain based in Washington hoping to start its operation in Saudi as well as Bahrain. As a Franchise leader in the market the company has vision to open more outlets within the country and then ensure that they have the sales targets met and then is doubled to meet the growing demand for expansion. The company has a huge turnover and growth strategies which helps to grow by the years. As a short term strategy and objective the company ensures that its customers are loyal and that the employees are satisfied to work within the firm. This will ensure that the employees within the firm are promoted and the Excellency in operations is achieved by a group effort. There are threats from the other franchisee based companies in the country that has also managed to have similar brands in the Middle East and is growing by the years. Cravia is having its operations in line
The control structure is the means used to ensure that organization members are doing what they are supposed to do; it describes the nature of and methods for communication in an organization. Due to lack of a structural job design and absence of coordination within departments and lack of autonomy employees are irresponsible and do not perform the task to
The design and implementation and objectives of company controls are not adequate to meet the control objectives. The control environment control objective is ineffective. This control objective lacks a written policy on ethical conduct, is lacking oversight from the board of directors and audit committee, lacks a consistent style and philosophy from management, and lacks a strong commitment to competence. The risk assessment control objective is effective but lacks any antifraud program and controls. The information and communication control is ineffective. A virus has been detected and is affecting the files of the company. This control is lacking a strong IT department. The general controls financial reporting control objective is effective but is weak in detecting or preventing material misstatement. The monitoring control objective is ineffective; this control has need of an internal auditor.
Strategic Formulation and Implementation came into place. Relationships were the core of their export business. International partnerships gave them presence in North and South America, Europe and Asia. Working through distributors, made it easier to sell their products. These distributors knew every little aspect of their clients, and made it easier to find potential clients than Cretor could. These made them have both bargaining power of suppliers and buyers, in that they were still one of the very few making these machines, and throughout these distributors, they had specific knowledge of their current and potential clients overseas. Cretors also kept personal relationships. They had good friends internationally. There were some businesses that started small, which had a more personal relationship with them. In order to assure that their machines stayed in good conditions, they currently have approved service centers around the world. These centers would act as a link between Cretors and their customers. A service representative was at the center, who would fix the problem almost the first time, making them look smart and professional, and also making very cheap centers to maintain. Having a single distributor in each part of the world (Spain, Italy, Germany) These representatives had to drive 200-300 miles, and you definitely
In this paper I will compare my favorite restaurant, Olive Garden, to its most direct competition which in this case is Milestones Bar and Grill. These two restaurants are in competition because they target the same market and are located within one block of each other. Each restaurant is owned by one of top restaurant companies in North America. Olive Garden is owned by Darden Restaurants which also owns Red Lobster, Smokey Bones, Bahama Breeze, Longhorn Steakhouse, and Seasons 52. Cara Operations Ltd. is the owner of the Milestones chain as well as Montana's, Swiss Chalet, Coza, Kelsey's, and several others. Although there are several other restaurants within the same area as the two I have chosen, I
Remington’s restaurant is one of the casual restaurants located in Tampa, Florida. The restaurant is seen have various issues that surrounds its operations and the profitability as well. This research is deemed at looking at the various tenets of success that surrounds this restaurant. Again the failure that affects this restaurant is worth noting down. To this end, the performance of this restaurant is t put under scrutiny with keen concern on the various variables that affects it operations and profitability at each and every stance. In the recent past a survey was conducted in order to get to know the performance of Remington’s restaurant in
Nevertheless, the majority of customers are very satisfied with the amount of serving along with the quality of their meal as well as the price paid. The strategy of being a low priced high value added has seen problems due to lack of customers which is affecting the bottom line drastically. This inevitable circumstance has put a hold on operations and started an investigation upon various neighboring competitors and their own strategies.
In their organizing tasks they have to build a structure of working relationships between all of the members in the organization, that best allows them to work together and attain goals.
There was a coordination and collaboration among all departments in the organization that resulted in faster accomplishment of tasks. Also, the goals of the organization were clear for the employees and they were always stressed by their managers.
For this Business Strategy Report, I have selected a restaurant chain named Nando’s. It was established in 1987 by two friends, Fernando Duarte and Robert Brozin (Nando’s.com, 2017). Although being a South African brand it has Portuguese influence and the restaurant chain depicts these designs. Nando’s specialty is flame-grilled chicken spiced with their unique selection of marinade sauces and spices ranging from mild to extra hot and for those individuals not into the hot stuff, there’s a lemon and herb option. It also has other selected food options to choose from in their attractive menu. Its niche market is working middle class male and female customers who enjoy spicy food and casual dining. It also caters for kids and families.
Summary statement of the problem: The Panera Bread Company has made a name for itself by offering quality, nutritious meals to its customers. You can eat at Panera Bread without worrying if you are getting a healthy, nutritious meal. With today’s health conscious society this has served the company well. With the rise in other health food type restaurants, the question arises is Panera Bread’s current strategy enough to keep them on top? In order to continue to succeed, Panera Bread needs to branch out into the foreign markets, add some key
|Franchisee |Cons |Buy back of franchisees operations to promote change in distribution channel, had same result - negative effect of|
Panera bread’s growth strategy was to capitalize on Panera’s market potential by opening both company-owned and franchised Panera Bread locations as fast as was prudent (A. A. Thompson). Panera Bread work closely with franchised branches in order for the company to broaden its market penetration (A. A. Thompson). Panera Bread has taken the appropriate measures to gain a competitive advantage to make franchising a successful market for the company to enter. Considering Panera Bread Company keeps interaction with the franchised branches to ensure success gives them the upper hand to ensure continued success.
This case study determines the critical success factors used by Subway Restaurants Corporation to expand nationally, which the corporation wants to use also to expand internationally. In addition, this paper describes the competition and the prospect success in Asia-Pacific and Latin America. In general, the fast food industry is discovered with respect to the history and future plans of fast food chain Subway international for expanding and accretion in Asia-Pacific and Latin America, containing the four factors that Subway should use to compete and success in those markets. Each proposed country market has unique cultural and religious requirements should be realized by Subway, as well as the consumption patterns, market trends, and the franchise values which determine from the local traditional fast food compared to the viewpoint of Subway’s healthy alternatives and low expansion costs.
to penetrate into the dinner market without risking its existing business model for fast food while benefiting
Specialty Food and Beverage company (SF), which founded in 2004 in Denmark, mainly covers foods and beverage, restaurants and hotel area. Recent years, the company had faced several problems which lead SF to an embarrassing situation. This assignment will introduce SF’s current issues, analyze the decision and then discuss the solution way which chose by SF’s high level management team.