Preview

Romano's takeout

Good Essays
Open Document
Open Document
3644 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Romano's takeout
ROMANO’S TAKE-OUT INC
POINT OF VIEW
The point of view taken in this case was that of Ms. Angelina Cello, the manager of Romano’s Take-Out Store in Flint, Michigan. As a manager, she is the one responsible in developing plans to improve the profitability and the services of the store.
MARKET SITUATION ANALYSIS OPPORTUNITIES – THREATS ANALYSIS OPPORTUNITIES Romano’s Take-Out in Flint, Michigan is located in the area where many industrial plants are present. This gives the store an opportunity to cater the needs of the people working in the sites in terms of food services. These plant sites mostly have two to three shifts, five days a week in which during each shift, workers have a one half- hour break. This break usually occurs at 11 am, 8 pm, and 2:30 am, depending on the shift. Because of this number of break in shifts, the workers might opt to eat and order for pizza as food. Moreover, the plant businesses present in the area are very profitable for the RT business. The advantages of this are; large quantity of orders can be delivered at the same time and place that would minimize the transportation cost of RT store, and also in these orders different toppings (such as double, cheese, pepperoni, mushrooms, and hamburger) could be added. The additional orders of toppings in each pizza could result to additional revenue of $11 to $14. As for the benefit of the driver who will deliver the pizzas, additional tip could be incurred ranging from $1 to $2. THREATS
RT Flint’s Store was located in the place were aggressive competitors are present wherein promos were heavily advertised. These promos that competitors included were distribution of cent- off coupons and 2-for-1 deal offerings. This aggressive competition also contributes to the problem of RT’s residential sales. Due to the competition that comes from the aggressive national chains that are fighting for the market share and squeezing little firms like RT, competitive pressure for the store seems

You May Also Find These Documents Helpful

  • Powerful Essays

    I am currently employed at the Olive Garden in Oshkosh WI so I only thought doing my managerial report project on this service restaurant was appropriate. The Oshkosh Olive Garden was opened in the April of last year and has been running smoothly ever since. Olive Garden is a chain restaurant so there are locations all over the United States around 700 to be exact, this means a lot of the price setting and procedures are set country wide not from restaurant to restaurant. Even so each Olive Garden keeps track of their own sales and personally contributes to the overall company. At Olive Garden we proudly serve lunch and dinner with a casual Italian dining experience. The dinner entrees are priced anywhere from $11- $19 a meal but included unlimited soup or salad and then breadsticks. I have been working at the Olive Garden for about 7 months now so I felt that I knew most of what goes on on the outside of the restaurant but it is time to take a deeper look into the procedures put into this everyday restaurant.…

    • 1862 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Eco 550 Week 3 Assignment

    • 2175 Words
    • 9 Pages

    There are 8 restaurants that provide dine in services with only 2 of them offering late night dine in after 12am and 11 restaurants that offer takeout services (Yelp Inc., 2013). Domino’s pizza is among those establishments that provide late nights deliver services up to 2am. However, the Domino’s takeout services are not provided after 10pm. With that said there is a demand to establish another Domino’s pizza that will provide takeout services beyond the hours of 10pm. This will not only benefit the residents in the area but it will also be beneficial to the nonresidents and party goers that would like to grab a bite to eat after taking part in the area’s late night…

    • 2175 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    This paper provides a summary of our analysis of the data obtained for 60 Crusty Dough Pizza Company restaurants. We compared 16 pizza store characteristics to monthly profit in order to determine the best indicators of success. The results of this analysis may be used to determine the store services and attributes that have the most bearing on profitably.…

    • 1222 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Deliver pizzas to customer within 45 minutes. No sit down areas, carry out or delivery only.…

    • 857 Words
    • 4 Pages
    Good Essays
  • Best Essays

    An analysis of the competition indicates there is availability of substitute produces and threats of new competition entering every year. The retail industry provides steady competition among business and within departments of the organization. Target offers a wide variety of products and services, which leads to an immense competition pool. The organization provides services with photo development, pharmaceutical, prepared food with some locations having chain…

    • 2491 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Target Strategic Audit

    • 15483 Words
    • 83 Pages

    Porter’s five forces suggest that overall the discount-variety store is not a very attractive industry for newcomers, due to prohibitive forces like access to distribution channels, threat of substitutes and rivalry…

    • 15483 Words
    • 83 Pages
    Powerful Essays
  • Good Essays

    Panera Bread case study

    • 966 Words
    • 4 Pages

    Panera Bread is a casual made-to-order fast food restaurant that offers specialty breads, sandwiches, tossed salads and soups. Established in 1981, with 1,562 company owned and franchised locations, Panera Bread has moved into the forefront of the restaurant business, and has strategically penetrated the market while acquiring a robust amount of loyal customers. Most of the restaurants offer the choice of indoor and outdoor dining. A fireplace inside the restaurant is appealing to many customers during the winter months, of whom are looking for a hot cup of coffee and a place to read their newspaper or book. Coffee, tea, and soda are offered with free refills, and water with lemons is complementary. Indoor tables, free refills, and comfortable tables/chairs make Panera Breads establishment a functional study place for college kids. Every restaurant is well staged with elegant displays of their specialty baked products, making it nearly impossible not to indulge. This fast growing restaurant has maintained a competitive edge due to their appealing interior design, neutral dining environment, fresh baked goods, fresh coffee and tea, made-to-order foods with possible drive-through capabilities, customer rewards card, tables equipped with electrical outlets, and efficient service. Panera Bread establishments, undoubtedly, offer an experience that can only occur at Panera Bread.…

    • 966 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Assignment Answer

    • 998 Words
    • 4 Pages

    Answer – Since, there is introduction of substitute goods which increases the competition in the pizza market. Our restaurant will reduce the price of its pizza, therefore this cost-cutting will be adjusted by reducing the number of student employees hired for pizza delivery.…

    • 998 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Tim Horton's franchise restaurants deal with three suppliers. The first supplier is the Main Company. It supply its branches all the hardware that doesn't go to fridges. The second supplier is Nelson, supply them by milk, cream, and cream cheese. The last one is Sis co, Provide the 25 kind of daunts, muffin, and bread. This branch has 32 employees and number of customer are more than 2000 persons depend on the day of the week, demand increase in Saturdays and Sundays. Also demand increases by the season. More demand for coffee and hot chocolate during the winter. However the demand for these items will be less during the summer. Also, more demand for iced Cappuccino in summer than winter. Number of daily transactions is from 15-16 hundred a day and cost of items is fixed. They use just in time system, thus they use borrowing method in case a big unexpected order or other reasons or they can make a quick order. The ordering inventory and receiving time take 24- 26 hours. Also, they use inventory back up and keep excess inventory against stock-out.…

    • 1957 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Trends and Conditions

    • 1062 Words
    • 5 Pages

    This new service will minimize the number of people needed to handle food products, and reduce opportunity cost. It will minimize capacity issues that come along with in house safety regulations as well as allow the customer the choice of less human interaction while enjoying a meal whether they dine in or in their car. New ideas that reduce the risk to personal health issues, maintaining quality, and convenient service at affordable prices to customers makes the idea attractive.…

    • 1062 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Chick Fil a

    • 2519 Words
    • 11 Pages

    In this paper I will be giving a thorough analysis of the Chick-Fil-A company by discussing the history of the company as well as how the company was founded, the operations of the company, how the company gives back to the community, and how the company markets itself to the consumers. The reason I chose Chick-Fil-A to do my paper on is ever since I was a little boy Chick-Fil-A has always been my favorite fast food. I can remember when I was little the closest Chick-Fil-A to our home was the one on Cox Creek Parkway in front of the mall in Florence. Anytime we were in Florence I would beg my parents to take me thru the drive thru because I loved the Chick-Fil-A kids meal as well as the toy that came with it. Chick-Fil-A restaurants have been appealing to me ever since I was little so since then I have been a loyal customer of Chick-Fil-A. I have also always been interested in knowing how Chick-Fil-A always has had a huge customer base and every time I went to eat at a Chick-Fil-A, it seemed to always be crowded so that tells me that their marketing department is definitely doing something right because their restaurants are doing great business. In this paper I will be going over the history of the Chick- Fil-A company, how the company operates, how the company markets itself, and how close out the paper with a conclusion and summary.…

    • 2519 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    Good Business Sense

    • 722 Words
    • 3 Pages

    Papa Murphy’s Take and Bake Pizza takes pride in a clean and sociable environment for their and employees and especially customers. Each and every customer is greeted and helped in a fast timely manner. Most employees are part-time, with the exception of the store manager. Each employee is trained to produce every pizza found on the menu as well as the stores specialties. Papa Murphy’s stores can be ran either corporately or as a franchise, still making business essential for the store to succeed. A typical pizza is loaded with at least twice as much ingredient’s as any other frozen pizza competitor. Food costs is really the only financial issue that this business runs into, on busy holidays such as the Super Bowl and Valentines Day food costs usually double due to the increase of sells.…

    • 722 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    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 that would take in people’s order. It was also possible to delegate our tasks to design a logo and reduce costs. Within a few weeks, we started our business FeedMe, a service which took online orders for burritos and delivered them during the school day (during our free periods). Demand for the service skyrocketed.…

    • 689 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Fast-Food-Restaurant

    • 4456 Words
    • 18 Pages

    Valued in 20XX at $105 billion, the domestic market for “fast” food is large and segmented, with Asian style foods representing 1 of the top 3 choices in Seattle at 35% of the market. Nudlez will initially target central business district (CBD) lunchtime crowds, where high-income earning but time-poor individuals are most greatly concentrated. Shopping malls, university campuses, weekend markets, and local business areas will then be targeted. Event catering and supermarket convenience foods will be markets that Nudlez then diversifies into.…

    • 4456 Words
    • 18 Pages
    Better Essays
  • Good Essays

    4ps of 759 Store

    • 785 Words
    • 4 Pages

    Since 759 Store’ strategy is “small profits, quick returns”, their products’ price have to be lower than the same products in outside market in order to earn profits form each products. Also, customers never complain on the low price of products and they will appreciate that if the shops can reduce the product price further. 759 Store has provided some discounts on different combination of products in order to attract more customers. This strategy provides a quick return on stocks and rapid cash inflow to 759 Store. Since 759 Store want to extend their market share, they have intention to do the predatory pricing which means to reduce other competitors profits by underpricing, when others competitors can not afford their operating cost and shut down, the price will rise back to original level and the shop can monopolize the whole market. Some research shows that 759 Store’ sales can barely cover the costs of their products which indicate that some of their products’ price are even lower than the cost. They can easily built up the connection of customers and meanwhile they can eliminate the competitors. Many small business or retailers have been closed because they can’t afford their operating cost with declining profits. The owner of 759 Store has decided to expand his business in order to earn larger market share.…

    • 785 Words
    • 4 Pages
    Good Essays

Related Topics