Tuesday, May 19, 2020

Essay about Panera case review - 935 Words

Panera Case Review TOPIC PAGE Synopsis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...3 LITERATURE REVIEW KEY PROBLEM AND THE OPPORTUNITY†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦4 ALTERNATIVE SOLUTIONS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.................5-6 SELECTED SOLUTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦6 IMPLEMENTATION/RECCOMENDATION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ . WORKS CITED†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦10 SYNOPSIS This video highlights the origins of Panera Bread Company and its gradual transformation into the large corporate chain restaurant that it is now. The business strategies that were adopted in order to propel the growth of Panera Bread Company since its establishment in 1981 as local St.†¦show more content†¦The concept that makes Panera successful is the fact that the company serves healthy and high quality food at an affordable price. Increasing prices to facilitate higher quality service in an effort to promote corporate aspirations will provide Panera with negative feedback from its customers (Wharton, 2010). The happiness that Panera customers experience with the products they are receiving now can be verified through Shaich’s statement in the video that Panera has an incredibly high customer loyalty. Alternative Solutions It seems that Panera’s biggest solution to its problem is simply maintaining the momentum they have established in the business market. Panera Bread Company has not overextended itself and can be found on every street corner (Wharton, 2010). Following the Concept Essence that Panera set for itself eighteen years ago may not be the most efficient way to self-improve. The requirements that are needed now in order to provide quality products and services may very well be different than what was needed eighteen years ago. The Concept Essence may need to be reviewed and fixed in an effort to be more compliant with the standards of 2012 and the needs of the customer in slower economy. Revising the Concept Essence could provide Panera with a more concrete goal to aim for. However, revising the Concept Essence may interfere with the fundamentalShow MoreRelatedEat At My Restaurant Cash Flow Review926 Words   |  4 PagesEat at My Restaurant Cash Flow Revie w Remaining profitable in the restaurant industry is a requirement conceivably not considered as difficult for common chains like Taco Bell, Panera and Starbucks. Many factors impact the sustainability of cash flow for the restaurant industry when looking at changes in market trends for a product, menu pricing, and inventory management. Consistent to each of the parent companies for these restaurants however, is the need to ensure adequate and positive cash flowRead MorePanera Bread Company Case Study1075 Words   |  5 PagesCase 8: Panera Bread Company 1. Panera Bread’s strategy is to make great bread broadly available to consumers across the US. The vision was to provide consumers with a high quality, authentic, fresh-dough artisan bakery and upscale quick-service dining experience. 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The company has grown substantially since its inception in the competitive restaurant industry; however, an aggressive target of 2,000 Panera Bread bakery-cafes will require a focused strategic plan. The company has a strong base with loyal customers

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