Today, the same venture is one of largest local food chains in Pakistan and is a household name, Student Biryani. Patience and hard work resulted in a stable and gradual increase in the business. Responding to market demands resulted in various milestone achievements. In 1976, the first infrastructural improvement was made by creating a seating capacity of a hundred people. Afterwards, there was a series of daring business decisions taking into account various market needs spanning from business development, beating competition, making use of technological improvements, development of management systems, creating a market niche, to ensuring a dominating presence within this
There are many benefits that the BIS can bring to an organization such as boost productivity, sales and market intelligence, the setting of more accurate and realistic goals, positive return on investments, gain insights into consumer behaviors, operational visibility and identification of key trends (Holley, A. 2015). Recommendations for developing and using the BIS described in this case, include the use of an effective BIS that incorporates different factors or circumstances in the internal and external environment of the organization such as sales, costs, weather, items or services offered by the company, and trends. Another reason to implement BIS is to reduce voluminous amounts of irrelevant data, poor data quality, and user resistance that affect the effectiveness of
The important reasons for merging is to cover the space in the company’s product, resources, extending market area and economies of scale, which the new combined entity will have when operated individually before. Economies of vertical integration helps to access significant control over the production process. Also through the new management, Operating profits can be raised by reducing wastages and redundancies from operations. Synergies are also an important reason for merging as the positive synergy could reduce the cost and drive up the revenues. In the merged firm, abundant skills and technology being pooled together and brings innovation in products and services.
Question One: 1. Hajj’s Approach to Found and Scale Cravia Inc. was established in 2001 and headquartered in Dubai, with an aim to “ be a world-class organisation, focused on, dedicated to , and passionate about food and hospitality”.Cravia Inc. runs numerous restaurant chains offering food like appetizers, wraps, burgers, salads, and fries. The organization has grown speedy in the region during the last few years and now has above 1500 employees spread in nearby 85 outlets, and has franchised brands like Cinnabon ,Seattle’s Best Coffee, Zaatar w Zeit , and most recently Five Guys for Saudi Arabia and Bahrain. Moreover, it has established its own brand, the Steak Bar, and created firm roots across regions of UAE and Saudi Arabia. Patently,
(Michael J. Poulin. “Happiness as a Motivator-Positive Affect Predicts Primary Control Striving for Career and Educational Goals.”) Therefore, when people are in control, their performances are getting better and have more motivations. Eventually, they have a high quality of life
At the same time, it can increase the productivity of the company. Thomas and Jackie can benefit from this method. This can create a foundation for effective cooperation in the future. Secondly, when the collaboration method does not work, we can use the compromising method. This method seeks for a convenient solution that satisfies between two people.
Overall, it will increase productivity in the workplace due to clearer objectives and better skills learnt and the organisation can keep track of employee perfor-mance. 1.2 & 1.3 – Identify & analyse development opportunities for career and personal
Critical thinking is one of these tools. Understanding what it is and how to apply it in our daily lives can lead people to better decisions and better conclusions. Businesses can also benefit from the use of critical thinking because the ability to choose between a good decision or a bad decision is crucial, often vital, in business. The application of critical thinking has some significant benefits. It improves the process of thinking, leads to a better understanding, and
Founded in 1965, the company is standing strong till now and it too consist of brands that are over 100 years old. With merger and acquisition of other companies, the company brands under it such as Frito-Lay, Tropicana, Gatorade and Quaker Oats. Ever since, the company has a staggering average retail sales amount of about $92 billion (USD). Being a premier producer and to supply convenient foods to the customers has always been the core focus of the company and because so, PepsiCo International always strive to thrive in its very own
For the purpose of this assignment, the Nestle Company has been chosen. First an overview of its ethical issues shall be presented, followed by the company’s attitude toward corporate governance and its CSR activities shall be discussed. For a brief introduction of the company, Nestle is a Swiss-based, food and beverage producer that is known worldwide. Nestle has existed for more than 140 years. As to this date, with more than 8,000 brands and global sales of over $100 billion the company is the largest food and beverage manufacturer around the world.