health and current condition of Krispy Kreme Doughnuts‚ Inc.? In Exhibit 1‚ the income statement it is easiest to examine the financial health of Krispy Kreme Doughnuts‚ Inc. by using their net income. Net income is the most commonly used indicator to show a company’s profitability. In January of 2000‚ their net income was 5‚956 (thousands) and in August of 2004 it was 57‚087 (thousands). It steadily rose over the four years. Although‚ later in May of 2004 Krispy Kreme discontinued its Montana Mills
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ENVIRONMENTAL SCANNING Environmental Scanning can be defined as the process by which organizations monitor their relevant environment to identify opportunities and threats affecting their business for the purpose of taking strategic decisions. Factors to be Considered for Environmental Scanning The external environment in which an organization exists consists of a bewildering variety of factors. These factors (could also be termed as influences) are events‚ trends‚ issues and expectations
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What is environmental scanning? Environmental scanning is the communication of external information about facts that could influence an organization on its’ strategic decision-making process. It is a method of analyzing relevant gathered information and use to determine strategic and premeditated action on the business environment. The environmental scanning process seek obtain both realistic and subjective information on the business environments where a corporation is functioning or considering
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1. Environnemental scanning Macro Environment Macro environment is said to be the most general layer of the environment. This consists of broad environmental factors that have an impact on the organization. The PESTEL framework helps us to identify the future trends which might impinge on Nintendo and therefore identify the key drivers of change. On the other hand the five forces framework helps to understand how the competitive dynamics within and around the video game industry are changing
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Abstract Environmental scanning is the first portion to an organization’s strategic management and is very important to the corporation. Environmental scanning is gathering information for the external and the internal of the company. A SWOTT is the best way to gather the information. A SWOTT is determining the strengths‚ the weaknesses‚ the opportunities‚ the threats‚ and the trends of the organization. Starbucks is a coffee shop that sets out to be different from the competitors. The company does
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FUNDAMENTALS OF STRATEGIC MANAGEMENT (SMB 3024/BGB 3013) SCENARIO SIMULATION 1 (KRISPY KREME DOUGHNUTS) Group Members: Nurdiana bt. Nordin KJC1110036 Nur Afniza bt. Mohd Yunos KJC1080054 Syazana bt. Rahim KJC1080145 Written for: Assoc. Prof. Omar Musa Due date: 10 April 2013 SWOT STRATEGIES ------------------------------------------------- Strengths Weaknesses 1. Revenues from franchises up to
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BACKGROUND OF KRISPY KREME DOUGHNUTS Krispy Kreme Dougnuts was founded on July 13‚ 1937 in Winston-Salem‚ North Carolina‚ United States by Vemon Rudolph. The company became a publicly-traded company in April 2000. Krispy Kreme Doughnuts produces approximately 5.5 million doughnuts a day consisting of 20 varieties. Krispy Kreme Doughnuts serves customers in 395 stores where 40 stores are in the United States and the rest are in 10 foreign countries namely Australia‚ Canada‚ Hong Kong‚ Indonesia
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Facebook now has more than one billion people using it every month‚ the company has said. By Dave Lee Technology reporter‚ BBC News The passing of the milestone was announced by founder Mark Zuckerberg on US television on Thursday. The company said that those billion users were to date responsible for 1.13 trillion "likes"‚ 219 billion photos and 17 billion location check-ins. The site‚ which was launched in 2004‚ is now looking towards emerging markets to build its user base further
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My mom and I we’re walking out of Krispy Kreme while I was eating a glazed donut. I hop in the car and hear my mom’s phone ringing‚ not thinking to much of it I carry on devouring my donut. Suddenly a man’s voice stops me eating my donut. “I’ve heard that voice before‚ who is that?” I said to my mom. Slowly she turns her head with the palest face I’ve ever seen her have. “It’s your dad...” she said. I shut down‚ not knowing what to say or do. Sitting there for a little I finally get the courage to
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Store Manager / Assistant Manager Responsible for directing the daily operations of a single store. Operates in accordance with prescribed policies and practices. Ensures compliance with standards for customer relations‚ food costs‚ safety‚ sanitation‚ and product preparation and merchandising. May participate in image-building activities within local community. As highest management position within unit‚ is accountable for the unit and its operations at all times whether physically present or
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