Analysis In comparison to its biggest competitor‚ Taco Bell‚ Chipotle has the upper hand in terms of taste and quality. Its efforts in serving quality food through sustainable sourcing acts as a point of differentiation among its quick service peers. With its ‘food with integrity’ as its mission‚ it gained the approval of millennials by establishing itself as a fresher and healthier alternative. To integrate its mission into its operations‚ Chipotle has an efficient distribution network consisting of 22
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Robinson-Hill June 25‚ 2014 Founder‚ Steve Ells After attending the Culinary Institute of America‚ founder Steve Ells original wanted to own a fancy‚ white table cloth restaurant‚ so in 1993 he started Chipotle to make the money to do so. Even after the initial expansions from the first Chipotle restaurant in Denver. Ells still was thinking about cashing out and going into the fine dining business. When the burrito business took off extremely quickly‚ Ells decided to stick with burritos. “There
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John Hawer Herrera February 21‚ 2013 MGMT 561 Chipotle Mexican Grill‚ Inc.: “Food With Integrity” I. Key Problem What Steven Ells began with a small taqueria in Denver‚ Colorado in 1993‚ one may not have foreseen this venture to become the fastest growing restaurant chain in the last decade. By 2006‚ Ells’ idea made its initial public offering with 535 restaurants throughout the world. Things were going tremendously well for CMG until late afternoon on October 18‚
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favorite restaurant. The company I chose was Chipotle Mexican Grill‚ Inc (CMG). I know that this is crazy because its fast food‚ but I work less than 1 mile from one and I eat there at least 2-3 times a week. So as much money as I have invested in with just lunch a week. I was dying to find out their financial information and this assignment gave me my opportunity. Chipotle Mexican Grill‚ aims to do a few things but do them exceptionally well. When Chipotle (pronounced chi-POAT-lay) opened its first
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One of the immediate effects is shortage of raw ingredients which might either create an increase of the menu prices or a change in menu options as a way the substitute the unavailable ingredient. Either option could drive some customers away from Chipotle and revenues and sales would suffer. Climate changes and increasing global temperatures affect not only the company but the industry as well. Recent increase in global temperature‚ rising water levels‚ and low availability of fresh water represented
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even restaurant. All of these restaurants compete based on a number of factors‚ including taste‚ quality‚ speed of service‚ price and value‚ name recognition‚ restaurant location‚ customer service and the ambience and condition of each restaurant” (Chipotle‚ 2010). The QSR industry is seeing growth due to the fact that today’s society is more strapped for time than ever. According to the American Sociological Review‚ “more than 50% of American families are dual earner household…multitasking allows
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Question 1: Does Chipotle Mexican Grill have any core competencies and‚ if so‚ what are they? After analyzing the case‚ I have came to a conclusion that Chipotle Mexican Grill has four core competencies that make the company more superior than its competitors: 1. Focused Menu The first core competency of Chipotle Mexican Grill is its focused menu‚ which offers a fairly limited dishes – burritos‚ burrito bowls‚ tacos‚ and salads‚ along with soft drinks‚ fruit drinks‚ and milk. Its customers‚ nevertheless
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In September of 2014‚ my partner Asli‚ and I‚ two high-school seniors‚ decided that people should have a choice between Chipotle burritos and cafeteria pizza that tastes like it endured a nuclear fallout. Starting with surveys‚ we determined whether there would be demand for a service that delivered burritos instead of cafeteria food‚ and if so‚ how much extra people would be able to pay. We prepared extensively‚ creating several worksheets to track income and expenses‚ and created an online form
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Finance theory and Financial strategy Strategic Planning means several things. But it certainly is a part of the decision-making in resource management of the business benefits. Finance theory has significant advantages in understanding the function of capital markets‚ the valuation of real assets and financial assets. Discounted cash flow analysis(DCF) is a tool that derived from finance theory which has been widely used. However finance theory also has little effect on strategic
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Group Case Study “Microsoft’s Financial Reporting Strategy” Microsoft’s Financial Reporting Strategy ABSTRACT 2 This case study examines the factors explaining the difference between Microsoft’s market value of equity to book value of equity and overall financial reporting strategies employed at the firm. We analyzed financial information dating from 1985 to 1999 and 2011 annual report provided by Microsoft. We found factors explaining market value of equity are perceived risk and future cash
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