Academic Honesty Statement: The Cheesecake Factory

Therefore, local farmers help reducing cost of transporting products and at the same time ensure product freshness at the stores. Products should be offered at competitive prices that satisfy consumers’ demands. Whole Foods uses a decentralized management system. This means they have teams that are self-directed, and therefore the employees are free to decide on their own ideas to manage the stores. This way, the company has motivated staff that are always trying to show their passion for the work they do and their product knowledge.

The only challenge left is to introduce a new product in line with the demands of the locals. Yogurtberry maintains high quality standards. The new product adds to the amazing variety present in their products. To maintain this quality, yogurtberry would make sure that the finest quality dates are used. The whole of Arabia and the Middle East is a date consuming region so finding quality dates won’t be a problem.

6.1.2 Price Price is the value or amount that customer pays to buy a product. For instance, for our Star Lab ice cream shop, we need to consider the cost of production of our ice cream, price of our main competitor and our potential customers demographics in order to succeed this competitive market. (C. Breidert, 2007, p.9) 6.1.2.1 Pricing Strategy Pricing strategy that can be used by our company such as penetration pricing, cost-plus pricing, value based pricing and more. But we think that market penetration pricing is the best pricing strategy to be used by our business. Market penetration pricing is about setting a lower price on our product with aim to attract customers to buy our product because of the cheaper price compare with other competitor.

No matter where the chain is located, they all follow the same guidelines and steps. The chain uses data to predict the number of the customers, so they can staff accordingly. They also use data to estimate the amount of the food to purchase to reduce waste and increase profit. Each employee is observed by a manager and receives ongoing feedbacks to improve performance. The question that arose in the Dr. Gawande’s mind was how come the food chain has found ways to keep the cost down and deliver a high-quality service, but the health care is way behind.

With more 360 stores in multiple geographical locations and approximately $12 billion in annual sales, Whole Foods has proven that they know what it takes to be successful. Due to the business that Whole Foods are in, specializing in natural and organic food products among other products, it is crucial that their associates possess significant knowledge about the products within their area of responsibility. As a result, training and associate learning is more important for Whole Foods in comparison to other grocery stores. In other grocery stores clerks are required to be friendly and courteous and basically know where specific products are located within the store. However, at Whole Foods, in addition to their associates being friendly and

In the food wholesale industry, it is easy to imitate your competitor’s products, meaning that your customer service is very important. Because it is so easy to imitate one another in this industry, a company’s reputation with its customers means everything to them. Maintaining long relationships with your customers is important to keep repeated business. One bad experience from a company can ruin your reputation and start a domino effect, leaving your company behind the competition. These companies need to have scale meaning that they sell many products for low profitability on each product to make revenue.

2.1 Quality Management System Addey, (2001) argue that the quality management system is successful manage the planning stage of the firm, which improves defining the goals for the company which including product or services the firm will offering to the customer. Then, the system will deal with all process from sales services or product to the consumers. Yum! Brands company website ensures the unified quality management of food, suppliers, restaurant food and products that consumers provide. Yum!

KFC uses this research so that to consider being valuable because whenever they want to develop new products and bringing up to the markets, they undergo this research for testing and investigate what their customer’s favourite food and how much they know about KFC Company. Hence, this qualitative research it basically the customer’s opinions. The purpose of qualitative research • To provide specific details to guide or understanding in a particular situation. • It’s useful for the company when they want define how to increase market share. • It helps to get feedback about the product from the consumer products.

Mature, positive planning is integral after ensure our commercial enterprise is run efficiently. The organization is structured hence to that amount employees throughout divisions are aligned over strategies and targets, make whole utilizes over the resources and partnerships available to them. As a producer yet distributor on high attribute meals yet drinks products, the methods up to expectation be present among each percentage are crucial for executional good and exorcism assurance. Almarai possesses fulfilled company certificates for virtue then food safety (ISO9001 then ISO22000), instead than because of each division. This certification ensures so much every technical or dole techniques pair the very best worldwide standards.

They are basically the owners of the business. Their main objective is to earn profit and to make the business successful. In order to meet these objectives, BreadTalk must have good financial condition to increase their sales. When profit increase, the shares of investors will increase as well. 1.3 RESPONSIBILITIES OF THE ORGANIZATION AND STRATEGIES EMPLOYED TO MEET THEM BreadTalk’s vision is to establish itself as a brand and company known for its novel, trend setting and delicious pastries and breads.