Pizza Hut‚ Inc. Introduction Pizza Hut‚ Inc. is the largest pizza restaurant in the world in terms of both the number of outlets and the percentage of market share it holds. On June 15th‚ 1958‚ two brothers Dan and Frank Carney opened the first Pizza Hut restaurant in Wichita‚ Kansas. A friend suggested to them that they should open a pizza palor‚ the brothers agreed that the idea could prove successful. The Carney brothers borrowed $600 from their mother to start the business with friend John Bender
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Executive Summary Pizza Hut started out as a pizza parlor opened up by two brothers in Topeka‚ Kansas. Today‚ the company has restaurants all over the world and its annual sales are in the billions. The growth of the company was due to a good product being delivered at a good price and offering perceived value. The company has adjusted to new entrants into the market and has managed to stay ahead of the competition. The philosophy for growth is simple: Take care of the customer‚ and the customer
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PIZZA HUT IN INDIA [pic] In 1958‚ Frank and Dan Carney had an idea for a great local pizza restaurant in Wichita Kansas. The small 25 seat restaurant only had room for 9 letters on the sign… the building looked like a hut… so ’Pizza Hut’ was born! Fifteen years later‚ they opened the first UK restaurant and since then they have become the biggest Pizza Company on the planet. Today Pizza Hut is one of the flagship brands of Yum! Brands‚ Inc.‚ which also has KFC‚ Taco Bell‚ A&W and Long
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Strengths Pizza Hut is an international franchise and restaurant chain having presence in many countries and is originally based in Texas‚ USA. The company specializes in the American-style pizza that till to date no other pizza restaurant has been able to compete. The company also offer many other food items and side dishes like breadsticks‚ wings‚ garlic bread etc. Pizza Hut is one of the largest restaurant chains in the world and is a sub brand of Yum! Brands‚ Inc. The Pizza Hut owns and runs
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within the restaurants and the other recruiting for positions within the Restaurant Support Centre. Both teams work to recruit the right people into the right positions. The Compensation & Benefits Team: This team aims to provide all Pizza Hut (UK) employees with a comprehensive and competitive benefits package‚ including; fair pay‚ bonus‚ health care and pension. The team also works to produce HR policies and procedures‚ which are in line with UK legislation and manages the employment
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set of four management functions thats consist of Planning‚ Organizing‚ Leading (Commanding and Coordinating) and Control‚ which is seen very much applicable in today’s business world. Fayol’s 14 principles of management are also linked to his four functions to assist managers to manage effectively. His principles of management are as follows: 1. Division of work 2. Authority and responsibility 3. Discipline 4. Unity of command 5. Unity of direction 6. Subordination of individual interest to
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Pizza Hut dominated the fast food market in the world both in sales and number of restaurants before 1986. In 1986‚ the company announced to start the home delivery market‚ which would especially target the children‚ two-career families‚ and parents with small children‚ etc. Segmentation of the children by age (a group of the same age who will respond to a marketing mix in a similar way) outcomes in the following market approach: Kids (age 3-11)‚ Teens (age 12-17)‚ Those two segmentations represent
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planning • organizing • commanding • coordinating activities • controlling performance Notice that most of these activities are very task-oriented‚ rather than people-oriented.This is very like.Fayol laid down the following principles of organization (he called them principles of management):1. Specialization of labor . Specializing encourages continuous improvement inskills and the development of improvements in methods.2. Authority . The right to give orders and the power to exact obedience
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On April 2008‚ Pizza Hut announced the introduction of a new product line called the "Tuscani Pasta". Like any product‚ this product has a life cycle. Different strategies should be maintained through each stage of the cycle in order to move the product throughout the cycle. 1.Introduction Stage:The main purpose of this stage is to introduce the new product to the market. The company must be aware of the tremendous amount of time and money which will be spent at this stage in order to attract consumers
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Introduction Fayol’s 14 principles derive from the circumstance that Fayol felt that management was not well defined. In his striving to change this circumstance he suggested “some generalized teaching of management” to be a main part of every curriculum at places of higher education and even beginning in “primary schools” . Fayol’s dedication to this idea is demonstrated by the fact that after retirement he went on to not just write books about management ideas‚ but more importantly‚ he found the
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