Noodles & Company have significantly grown their restaurant unit base over the past several years. As of January 2017, they had 457 company-owned restaurants and 75 franchise restaurants in 35 states, the District of Columbia and one Canadian province (Form 10-K, period ending 01/03/17). Noodles & Company restaurants are typically 2,600 to 2,700 square feet and are located in end-cap, in-line or free-standing locations across a variety of urban and suburban markets. During the near-term they anticipate modest unit growth combined with targeted restaurant closures and re-franchising.
Employees
As of January, 2017, the company had approximately 10,900 employees, including approximately 1,000 salaried employees and approximately 9,900 hourly employees. None of their employees are unionized or covered by a collective bargaining agreement, and they consider their current employee relations to be good (Form 10-K, period ending 01/03/17).
Corporate Management Structure
Noodles & Company organizational structure consists of the shareholders, board of directors, the officers, and employees. The board of directors is responsible for the corporate governance policies of the company, compliance with the Sarbanes Oxley Act of 2002 and the rules and regulations of the SEC adopted thereunder (investor.noodles.com). The board of directors continuously evaluates, and improve upon as appropriate, the followings:
• Principles of corporate governance.
• Guidelines for public disclosures &
The corporate structure of Lowe’s is like many other large corporations. Having a Board of Directors that the CEO must answer too. Then having the other officers under the CEO in charge of other sections of the firm. Under them is the managers and presidents of the subsections. The CEO of Lowe’s is Robert A. Niblock; he has held this position since January 2005. In 2016 he was compensated by $12,670,019; this was in the form of stocks and salary. The portion of the compensation that is from stocks is $9,241,654; this means that 73% of the compensation for the CEO is in the form of stock (in 2016).
Best Buy Co., Inc. is the largest electronics retailer in United States with international presence in Mexico, Canada and China. Best Buy Co., Inc. is headquartered in Richfield, Minnesota and currently operates more than one thousand brick & mortar stores. Founded in 1966 as “Sound of Music”, Best Buy Co., Inc. evolved from a small regional audio specialty store to a multinational consumer electronics retail chain within a short span of time. The company’s current name “Best Buy” was adopted in 1983 with an aim to emphasize a greater consumer electronics branding. Best Buy Co., Inc. went public in 1987 when it got listed on the New York Stock Exchange.
It is this mix of key factors that has empowered Boston Pizza to serve a bigger number of clients in a greater number of areas than many other full-service restaurants in Canada (BP International Inc., 2014).
The additional payroll represents $140,000 annually. The company currently employs 29 full-time employees, who earn a total annual payroll of about $1.4
The following report consists of two parts; PART A identifies Whitbread’s main business information users (or, stakeholders), based on the information provided on their website. In contrast, PART B analyses different types of business structures and determines the pros and cons of Whitbread being a PLC. Tables and bulleting are used throughout the text to convey a vast volume of information in the given scope.
Initially, the company will employ seven individuals plus the owner, but will add employees as the customer base grows.
SNOP is the Systematized Nomenclature of Pathology. Published by the American College of Pathologists, it has been “useful in classifying pathological specimens” (McWay, 2008). Although SNOP was commonly used in pathology departments, it has gradually lost favor because focus was placed on standardized nomenclatures by accrediting agencies (McWay, 2008).
The organization and characteristics of a specific market where a company operates is referred to as market structure. While markets can basically be classified by their degree of competitiveness and pricing, there are four types of markets i.e. perfect competition, monopolistic competition, monopoly, and oligopoly. In perfect competition markets, many firms are price takers whereas monopolistic competition markets are characterized by the ability of some firms to have market power. In contrast, oligopoly markets are those in which few firms can be price makers while monopoly market is where one firm can be a price maker.
Company have approximately 110600 employees globally. It has total assets of $103 billion which is more than Coca-cola and other dominant companies.
The decision-making structure of Popeyes would be similar to a clear hierarchy. Employees, including managers, know the chain of command and who is in each position. At the Popeyes location I worked at, there was a clear hierarchy that started from the Store Manager and ended with the crew member. There was one store manager, two mangers, and two or three assistant managers. Under the assistant managers were shift leaders and there were about three or four. If a crew member had an issue or needed help, he would first go to one of the shift leaders. If either of the shift leaders couldn’t help, he would go to the assistant manager and then to one of the managers. The store manager was always the last resort and if he/she couldn’t help, the crew member would reach out to the corporate office.
In contrast with McDonalds their success is from globalization. Since the early 1940’s McDonalds has been a burger business, and accomplished to be the first one’s to become global. McDonalds has invested into several community organizations that helped the business to earn trust from the communities and gave more of a positive outlook towards their restaurants. They support their own employees, their families, and other groups of society in every country where it has business. McDonalds has website links to promote healthy living for kids, teens, and Latin and African Americans. McDonalds Happy Meals, McDonalds for teens, Me Encanta, and 365Black. They have corporate governance, which shows in detail of their operational structure. There is a whole webpage that is dedicated to explain about what is their drive to stay successful, what the board of
In 1954 Ray Kroc became the first franchisee appointed by Mac and Dick McDonald in San
▪ Founded 1984 ▪ 2009 Revenue: $11.1 billion ▪ 2009 Net Income: $1.89 billion ▪ Employees: 12,000
Puma is one of the world’s leading athletic footwear, apparel and accessories companies. The history of the company began in 1948, when Rudolf Dassler, the founder of Puma, had separated from the existing business assets “Gebrüder Dassler Schuhfabrik”. Throughout the years they were the first to introduce many new footwear innovations, including vulcanized soles on soccer shoes, uniquely shaped soles on running shoes to enhance natural motion, athletic shoes with a Velcro strap, and the Puma Disc system, which replaces laces with a series of wires. Thereby gaining a great success in football and athletic boots . In 1986 company went public under the leadership Armin Dassler. In 1993 a new CEO Jochen Zeitz manages to turn the company from the law price to premium company that is ranked as one of the three leading brand in the sporting goods industry .
- Improvement in all aspects is strongly enhanced by training and academic seminar for every level of the company.