Porcini’s Pronto CERTIFICATION OF AUTHORSHIP: We certify that we the authors of this paper. Any assistance we received in its preparation is fully acknowledged and disclosed in the paper. We have also cited any sources from which we used data‚ ideas or words‚ either quoted directly or paraphrased. We also certify that this paper was prepared by us specifically for this course. Student’s Signature: Luxuan Xie Instructor’s Grade on Assignment: Instructor’s Comments: TITLE OF RUBRIC: Case Analysis (Page
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Porcini’s Pronto Executive Summary Porcini’s restaurants an Italian specialty restaurant chain located in Boston Massachusetts‚ owns and operates 23 restaurants in the northeastern part of the United States and employs over 900 employees. The company’s challenge is to expand its restaurant chain working within its limited resources and brand recognition. Complicated with a saturating domestic restaurant market and major brands currently in the market creates a formidable challenge for Porcini’s
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and food at each full service chain restaurant granted Porcini’s staying power for many years‚ even thriving in the face of recession. Their fresh ingredients and artful presentations differentiated them from other Italian food chains‚ and Porcini’s was continuously celebrated by regional publications. In 2010‚ Porcini’s owners and investors were looking for a way to leverage their successful brand‚ which led to the inception of Porcini’s Pronto. Porcini’s Pronto key features include locations along
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Porcini’s Pronto: "Great Italian cuisine without the wait!" Porcini was opened in 1969 as a family-owned restaurant chain and its business was successful with 4% profit margin. Porcini’s was renowned with its attention to quality and price premium was relatively small compared to its quality and artful presentation. Porcini’s was able to maintain its high product and service quality mainly because it was a family-owned restaurant chain which gave considerable amount of control and of its safe
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Porcini’s Pronto: “Great Italian cuisine without the wait!” As a restaurant chain seeking growth‚ Porcini’s‚ formerly a family-owned chain operating in Northeastern United States‚ considers the option of expanding its business into a new concept – Porcini’s Pronto. Located at interstate highway exits within the operating region of traditional Porcini’s restaurants‚ in order to leverage its brand awareness‚ Pronto is focused in serving quality table-served meals with a fast‚ quality service. Positioned
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Pronto Pizza is a family-owned pizza restaurant in Vinemont‚ a small town of 20‚000 people in upstate New York. Antonio Scapelli started the business 30 years ago as Antonio ’s Restaurant with just a few thousand dollars. Antonio‚ his wife‚ and their children‚ most of whom are now grown‚ operate the business. Several years ago‚ one of Antonio ’s sons‚ Tony‚ Jr.‚ graduated from NYU with an undergraduate degree in business administration. After graduation‚ he came back to manage the family business
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Connor Ramage 6/30/13 CRN: 50036 Porcini’s Pronto Predicament Tom Alessio‚ Marketing Vice President at Porcini’s Inc.‚ of Boston‚ was pondering issues raised by a potential expansion of his company’s restaurant business. The domestic market for full-service chain restaurants was nearing its saturation point at both in-city and shopping mall locations. The big chains were looking overseas for growth‚ but as a small regional player‚ porcini’s had neither the resources nor the brand power
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Executive Summary Darden Restaurants‚ Inc. has been a public company since 1995. A company born of the chain Red Lobster‚ Darden is a recent spin-off as a result of mergers and acquisitions of various types. Publicly traded on the New York Stock Exchange‚ Darden (DRI) is the parent company of Red Lobster‚ The Olive Garden‚ the now-defunct China Coast concept‚ and a new “Floribbean” concept: Bahama Breezes. Throughout its existence‚ as a part of General Mills‚ Pillsbury‚ or on its own as
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Pronto Pizza Revisited This time‚ Mr. Scapelli managed to eliminate the biases in the data through selecting the every 10th pizza delivery order and letting the customers inform their own pick-up times. The data is fine and appropriate for statistical use‚ and hence we can go through the statistical calculations. Statistical Efforts Using Excel‚ we found the standard deviation and mean of the sample data for the total delivery time‚ preparation time‚ waiting time and travel time. First
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Background………………………………………………..………………3 3. Business Analysis…………………………………………………….………………4 a. Profitability Ratios……………………………………………..……………..4 b. Liquidity Ratios………………………………………………..……………..6 c. Leverage Ratios……………………………………………………………....7 d. Activity Ratios………………………………………………………………..9 e. Shareholders’ Return Ratios………………………………………………….9 f. Contribution Analysis………………………………………………………10 g. DuPont Model of Financial Analysis...……………………….……………10 h. Break-even Analysis……………………………………….……………….11 4. Summary ………………
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