fourth child‚ Melinda Lou "Wendy"‚ with "Quality Is Our Recipe" as its first slogan‚ Wendy ’s kept growing. After only a year‚ in 1971‚ Dave Thomas opened another restaurant in Columbus‚ creating the first modern "drive-thru window". Stapling its square hamburgers and its soft ice cream mixed with frozen starches‚ the "Frosty"‚ as its main products‚ Wendy ’s enjoyed a growing popularity among the people of Columbus. Its success determined Thomas to expand Wendy ’s to a full-sized chain‚ around North
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Introduction Wendy’s restaurant is an international fast food chain restaurant which focuses on selling high quality products to its customers. The company started its operation on 15th November 1969 with its head quarters in Ohio‚ United States. (Wendy ’s) The company has got more than seventy seven percent of its outlets franchised and has got the fourth position among the other international fast food chains. Majority of its outlets are located in North America and they focus on the facilities provided
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Full Cost Accounting What is full cost accounting? What are the advantages and disadvantages of full cost accounting? Full cost accounting is defined as being the practice of collecting and presenting all of the costs that are connected with the production of a product or a service. Some of these costs can be described as direct‚ indirect‚ and variable costs‚ though they may vary by business. Full cost accounting has several advantages when used appropriately. It can lead to better and
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Executive Summary Wendy’s offers a variety of fast food. The food selection ranges from hamburgers‚ French fries‚ salads‚ chicken‚ potatoes‚ and chili. Wendy’s income is based on the sale of fast food. The demand of Wendy’s service is highly elastic. A change in price will affect demand for products. Wendy’s market structure is an oligopoly and has two main competitors; McDonalds and Burger King. In an oligopoly‚ the market is dominated by a few large producers of a homogeneous or differentiated
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Full Costs and their Uses Cost is a measurement‚ in monetary terms the amount of resources used for some purpose may be defined as a sacrifice or giving up of resources for a particular purpose. are frequently measured by the monetary units that must be paid for goods and services. Three Important Ideas for Costs 1.Cost measures the use of resources. *The cost elements of producing a tangible good or intangible services are physical quantities of materials‚ hours of labor service and quantities
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significantly alter ecosystems‚ many are toxic to humans and others are concentrated in the food chain. A. Physical Properties of Chili Pepper Chili‚ the name‚ which is spelled differently in many regions chili‚ chile and chilli. The term chili in most of the world refers exclusively to the smaller hot types of capsicum. It is a hot pepper. Even though chili peppers maybe though as vegetable‚ their culinary usage is‚ a generally spice‚ the part of the plant that is usually harvested is the fruit
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Introduction 5 The Wendy?s Edge 5 Menu Unlimited? 6 Driving Ahead 7 Dollars and Sense ? The Cost of Chili 8 (i) Out of Pocket Basis 8 (ii) Full Cost Basis 10 (iii) The Real Cost 11 The Case For Chili 12 What Could Have Been 13 Looking Ahead 14 Conclusion 16 Appendix A 17 Appendix B 19 Appendix C 21 Executive Summary David Thomas founded Wendy?s in 1969 as a fast-food outlet providing quality food and quick service at reasonable prices. Since then Wendy?s has grown rapidly. The issue of dropping chili‚ one of
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Abstract: Chili (Capsicum frutescens) is commonly used as a food spice because of its hot and spicy taste. It was later discovered that chili has pesticide property that can be used to kill mosquitoes. Kamias (Hedychium cornarium) which is also used as food spice was also discovered to have properties that of astringent‚ stomachic‚ refrigerant & antiscorbutic. Chapter I 1. Introduction and Its Background The pesticide property of chili makes it a good basis for making this spice a good
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PT. WENDY CITRARASA Alexandre Richard Arief Putratama Said Ryandiaz ACCOUNTING - 4 [pic] Campus BSD - City Bumi Serpong Damai - 15321 Island of Java – Indonesia June 2011 ACKNOWLEDGEMENTS First of all‚ we would like to thank God Almighty for His blessing during the process from the start until the end of the interview at PT. Wendy Citrarasa. Our group would also like to thank PT. Wendy Citrarasa‚ who managed to spare us some time for the interview
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The Chilies to the Chili There are many myths and legends regarding the origin of chili. One myth states The Lady in Blue; a nun from Spain had an out of body experience and when she returned she wrote down the very first recipe for chili in the 1600s. Also‚ it is said that travelers from the Canary Islands were in Houston‚ Texas and used peppers‚ onions‚ and meat to make a chili concoction. Although‚ the most accepted version is that chili originated from San Antonio‚ Texas by poor families of
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