The first Texas Roadhouse began on February 17, 1993, in Clarksville, Indiana by Kent Taylor, whose goal was to own more than a family restaurant or steakhouse, but to own, a place where everyone could come together share a great meal with great fun for a great price (Stokes). They are known for their legendary food such as hand-cut steaks, fall-off-the-bone ribs, made from-scratch sides, and fresh-baked bread (Our Story). They strive to make hearty meals that stand out by handcrafting everything they serve except for the T-bone steak and by giving larger portions so you get more food for your dollar (Stokes). Kent’s mission also includes having legendary service due to the low ratio of tables per server and legendary fun, which may consist of the servers singing happy birthday to a customer or periodically line dancing - not all locations have line dancers - to the jukebox and televisions playing. Their future strategy is to continue their legendary quality and service along with moderate growth as they are set for opening new locations in 2018, while keeping their 2016 Voted #1 Steak by Nation’s Restaurant News Consumer Picks for this 2017 year (Stokes).
Strengths, Weaknesses, Opportunities, Threats
Strengths
Let’ discover some of the strengths that Texas Roadhouse has been instilling in its locations, with the first being the establishment’s atmosphere which seems to be on the right track with their jukebox playing country music throughout the restaurant which ties in
Lowe’s use their financial statements to show how their business strategy, operating decisions, and their transactions reflect on the outcome of being profitable or not. The financial statements are to help people determine if the company is worthy of investing in. Anyone who has an interest in a company would find the Form 10-K useful in many different ways (Bethel University, 2017).
On Feb 17, 1993 Kent Taylor started the first Texas Roadhouse (TXRH) in Clarksville, Indiana. Kent’s aim was to own not merely a steak restaurant or family restaurant, however a place where everybody, of all ages, could come and possess an excellent meal at excellent cost. TXRH is well known for their Hand-Cut Steaks, Fall Off-The-Bone Ribs, Made-From Scratch Sides, and Fresh-Baked Bread. And in case you would like an Ice-Cold Beer or Margarita to wash it all down, they have those also. Their mission statement is, “Legendary Food, Legendary Service® — all with lots of Legendary Fun!” (Texas Roadhouse)
This review provides an in-depth strategic SWOT analysis of the company’s businesses and operations in the areas of internal strengths and weaknesses and external opportunities and threats. (Sector Publishing Intelligence)
Texas Roadhouse has a very simple yet meaninful slogan: "Legendary Food, Legendary Service". The cuisine that is served to you truly is legendary. Texas Roadhouse is a popular steakhouse that offers a wide variety of different cuts of steak on the menu. The menu also includes chicken, pork and seafood
Located in a very desirable area of San Antonio, Texas, Dunes Apartments offers residents the luxury of living within a 6 minute walk to Pytel Park. One of the best in the area, it offers a bike trail, walking trail, picnic areas, and many other amenities. The complex is also located just ten minutes from downtown San Antonio, affording residents the opportunity to partake in arts and entertainment, as well as visiting some of the best restaurants and coffee shops.
"We wanted to provide a place that the whole family could enjoy," says Taylor. "Texas Roadhouse is about a hearty, good meal with service that is friendly, energetic, and
Texas Roadhouse is known for their outstanding made-from-scratch foods such as their steak, sides, ribs and their fresh bread. This restaurant specializes in steak house style, but don't let the name fool you. If you're not a so much of a “meat lover” their wide selection of food provides some pastas and sea foods for you. If you are allergic to anything, they won't hesitate to provide you with a safe meal that you would enjoy. For example; if you have a gluten allergy they will give you a selection of foods that does not have gluten in them and you could choose from a variety of foods safe for your health. Their menu is large and consists of a lot of options such as appetizers, soups or salads, your entree and dessert. Their menu gives a selection of “lighter foods” for those who are watching what they eat and provides a calories count on the bottom of each food item. Their food is always warm when arriving to our table and never under or overcooked. They always check to make sure your food is properly cooked and asked for criticism. The food is always cooked to perfection and never fails to impress its
Duke Energy is one of the largest electric power companies in the United States, therefore giving it an advantage over the other competition. More than 7 million people are powered through Duke Energy. The competitive factor will always be a part of this company due to its high demand of power and electricity throughout the states it supports. Other companies would gladly come in and take the spot if the chance was given.
Logan’s Roadhouse in Beaumonth, Texas is a well-known eatery that is famous for its American-style platters. The venue serves up hearty portions so that no one leaves hungry. Families with children are very welcome here and can be easily accommodated. Logan’s Roadhouse is open to serve both lunch and dinner, every day of the week. There is a full bar to order cocktails and chilled beers from.
Lowe’s is a hardware store that sell products from vacuum and dishwashers to wood and other hardware equipment. Lowe’s sell products for home improvement and construction. Lowe’s was originally founded in Wilkesboro, North Carolina in 1921 by Lucius Smith Lowe. His daughter Ruth inherited the store in 1940 after Lucius passed away. She then sold the franchise to her brother Jim. Jim partnered with Carl Buchan in 1949 under the management of Buchan. Jim and Carl had several disagreements as far as the expansion and diversification so in 1954 the partners split making Carl the sole owner. He successfully expanded the business to other cities in North Carolina. Then he passed away in 1960 leaving the store to his executive team of five people. They made the company public in 1961. The former headquarters for Lowe’s was originally located in Wilkesboro, now located in Mooresville, North Carolina. The once small town business has expanded to a well-known name brand is currently located in several countries.
Honda has continued to embrace the changes that happen around its operations to ensure sustainability and profitability. The current global motorcycle manufacturing sector is full of competition. It, therefore, becomes crucial for every manufacturer to evaluate their strengths and weaknesses and then identify the opportunities to exploit to gain competitive advantage. Honda is Japanese based automobile company; it has numerous subsidiaries in Asia, Europe, and North America. Due to the advancements in technology, Honda will be required to make use of the latest technological trends to stay competitive. The business level strategy at Honda is in line with its enterprise and corporate strategy. The corporation also conducts Research and
The publicly traded company our group selected was Home Depot Inc. Founded in 1978 by Bernard Marcus, Arthur Blank, Ken Langone and Pat Farrah. Atlanta G.A is the headquarters. They currently operate out of 2,274 stores throughout the United States, Puerto Rico the U.S Virgin Islands, Canada and Mexico. Home Depot has over 385,000 employees throughout its stores. Home. (2003-2016).
During my college years, I worked at Radio Shack as a sales representative. I soon learned the business and developed a broad based of product knowledge and sales techniques. As a result, I was promoted to assistant manager. Because of my successful record on the sales floor, the store manager asked me to lead the sales team to improve profitability of the store. The store’s sales at the time of my promotion were 10% to 15% less than the previous year’s sales.
The company offers an array of products and services which appeals to a large target audience. From the weekend warrior to the professional craftsmen Lowe’s has it all. Lowe’s has just about anything to build or repair a home and even decorate it. If one were to go to the home page, they would see a long list of different types of products and services they offer. Some of the major categories they offer are appliance, building supplies, doors & windows, heating & cooling, home décor, paint, plumbing, and tools.(6). Not only can one goes to Lowe’s to buys just about anything needed for the home, but the company will even deliver the items to one’s home or place of business (7). They even offer free local delivery on all appliances costing
According to What is SWOT Anlysis (2011), SWOT analysis is an analysis used to identify the internal factors (strengths and weaknesses) of the company as well as external factors (opportunities and threats) of the company.