INTRODUCTION Pizza Hut began in 1958 in Wichita‚ Kansas‚ USA when two brothers‚ Dan and Frank Carney‚ opened their own pizza restaurant. That first restaurant had only 25 seats. The restaurant sign had space for nine letters. They wanted Pizza in the name‚ leaving space for three more letters. The building looked like a hut‚ and so Pizza Hut was born. The business expanded by opening new restaurants and by 1972 there were 1000 restaurants across the USA. The first Pizza Hut restaurant opened in
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VALUE BALANCED SCORE CARD -A TOOL OF PERFORMANCE APPRAISAL ABSTRACT:- Balanced score card is a new dimension in the field of performance appraisal. It is a comprehensive‚ top down view of the organizational performance with a strong focus on vision (i.e. goals) and strategy (i.e. performance measures). The balanced score card has become the pre-eminent strategic tool for the management. The success of its implementation is attributable to its focus on strategy and the future. By the help of
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The balanced score card is a management system that is designed to change a businesses mission‚ vision and whole strategy in order to complete the goals and ideas of the business successfully. Accountability and Communication are the main components of the score card approach. The management team needs to be able to create goals that each employee responsible for a section are able to achieve and understand the given task completely. The higher management should have the completed management plan
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The brand report card In our days building and managing brand equity is considered to be an important element to successed and sustain growth‚ where in general the company brand equity flow customer loyalty and profits. Therefore‚ managing the brand equity become a business priority for many managers within all types of industry activities and markets. However‚ few managers are able to step back and assess objectively their companies brands in terms of strengths and weaknesses. Where‚ many manager
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Capital Budgeting 1. Barbarian Pizza is analyzing the prospect of purchasing an additional fire brick oven. The oven costs $200‚000 and would be depreciated (straight-line to a salvage value of $120‚000 in 10 years. The extra oven would increase annual revenues by $120‚000 and annual operating expenses by $90‚000. Barbarian’s marginal tax rate is 25%. a. What would be the initial‚ operating‚ and terminal cash flows generated by the new oven? b. What is the payback period for the
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1) Choose a project. Define scope. Project Name: Balanced Score Card inception. Introduction/ Overview of the Project: The management introduced various new HR policies to be implemented across the entire plant‚ corporate and Business offices. Balanced Score Card inception into the Performance Management System of the higher level employees‚ including AGM and above (Level E13- E18)‚ was one among such new renovated policies. A total of 195 employees were covered under the project. By redesigning
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References: Scrossman ‚ 2007‚ The Fast Food Industry‚ op paper.com‚ New York Times‚ 2010. Donovan ‚ R. Michael (2005). Effective Supply Chain Management (Movahedi et al.‚ 2009‚ defining supply chain management‚ evolution of supply chain studies Lambert‚ 2008) mentioned by Cooper et. al.‚ 1997 Enclyclopedia of e-commerce (2009)‚ definition of supply chain management 2007 – Springer; J Oleskow‚ M Fertsch‚ P Golinska‚ data mining as the efficient tool for the effective supply chain integration
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currently providing BSC-related products and services supports these statistics. But do companies think the BSC is here to stay? Philips Electronics does. This worldwide conglomerate has gathered its more than 250‚000 employees in 150 countries around the card because it sees this tool as the future—not a trendy tool. The key benefit for Philips: Management can streamline the complicated process of running a complex international company with diverse product lines and divisions. Here’s how it cascades throughout
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TITEL OF THE PROJECT PROJECT AT A GLANCE COMPANIES NAME : - Pizza Hut and Domino’s Pizza PROJECT TITEL : - Comparative study between Pizza Hut and Domino’s PROJECT GUIDE :-Dr. MANISHA SHARMA NAME OF THE STUDENTS: - Dhananjay (PGFB0815) Varsha agarwal(PGFB08)
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Analysis paper on Phillips Electronic Balance Scorecard What is a Balance Scorecard? A Balanced scorecard is a strategic planning and management system that is used extensively in business and industry‚ government‚ and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization‚ improve internal and external communications‚ and monitor organization performance against strategic goals. It was originated by Drs. Robert Kaplan Harvard Business
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