"Financial statement analysis for chipotle mexican grill inc" Essays and Research Papers

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    Chipotle Mexican Grill Essay

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    Chipotle Mexican Grill Advertising Campaign Planning & Management 2011/6/4 Tao WenchanBMCD1 1022A (M37) | I. Executive Summary The American famous fast food brand Chipotle plans to enter the Singapore market in 2011 and they decide to develop a comprehensive advertising campaign when the restaurant launch in Singapore. The campaign will start from marketing research in June‚ 2011 and end in March‚ 2012. This assignment will begin with the part of situation analysis

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    In 2015 Chipotle Mexican Grill faced an E. coli epidemic in many of its establishments across the country. The fast-food chain has grown rapidly in a short time‚ but the recent bacteria scare is putting strain on Chipotle’s sales. Back in October 2015‚ multiple cases of people getting sick were reported in the states of Washington and Oregon. As of January 2016‚ 55 people had fallen ill across 11 states. Chipotle’s biggest problem is that it had no idea what products were contaminated with E. coli

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    Chipotle Mexican Grill Chipotle had a very positive second quarter result announced in July. The fast food restaurant chain reported total revenue of $ 1.2 billion that is 14.1 % better than that reported for the second quarter of 2014. This phenomenal growth in revenue has the opening of 48 new restaurants during the second quarter behind it. The total restaurant count for Chipotle now stands at 1‚878. On not considering the new restaurants that were not present till the end of the second quarter

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    Chipotle Mexican Grill Introduction. Chipotle Mexican grill is an American owned firm which has been in operation for more than two decades. Its main products is tacos and burritos and it is listed on the stock exchange (Fedenia & Hirschey 2009). Competitive advantage A competitive advantage can be described as condition or a factor that enables an organization to offer real or perceived value better than its competitors. (Porter 2008) The first major strength is its product differentiation‚ the

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    Chipotle mexican grill was served with a federal grand jury subpoena in connection to a criminal investigation on the outbreak of the norovirus from their restaurant. The U.S. attorney’s office and the FDA are both investigating this case. More scrutiny was placed on food safety after the FDA Food Safety Modernization Act was signed to prevent contamination. The Fda plans on prosecuting restaurants to send a clear message to others that safety is of the utmost importance. This connects to our

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    Chipotle Mexican Grill has emphasized on their customers and are not afraid to remain sincere and acknowledge their errors‚ even when they are losing revenue. Last year Chipotle went through a crisis where they force the chains to close serval of restaurants due to a norovirus outbreak. Other food-borne illness cases were also related with Chipotle restaurants that includes E.coli‚ and salmonella. As a consequence‚ the company is under investigation. Also their sales and stocks have decline because

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    quite the opposite of cooperation. As competition occurs within many sectors of the business world certain protocols are required. Thus‚ the creation of the International Competition Network occurs. The International Competition Network mission statement concludes their soul reason for creation is to‚ “Advocate the adoption of superior standards and procedure in competitions policy around the world‚ formulate proposals for procedural and substantive convergence‚ and seek to facilitate effective international

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    Chipotle Mexican GrillInc. (CMG)‚ a fast casual Mexican restaurant operates its 1‚316 restaurants within four countries; Canada‚ the United Kingdom‚ France‚ and the greatest majority within the U.S. Founded by Steven Ells in 1993‚ CMG performed quite receiving investment support from McDonald’s Corporation‚ which assisted with growth funding. Although it is a competitor within the restaurant industry‚ McDonald’s Corporation noticed the potential of the chain and did not view it as a direct competitor

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    Chipotle Mexican Grill Strategy Improvements Karla Diaz St. Petersburg College‚ St. Petersburg‚ FL Chipotle Mexican Grill Strategy Improvements The fast-casual dining industry has expanded within recent years‚ but one sub-segment set for the largest growth is the fast-casual Mexican dining niche (LaVecchia‚ 2003). More recently‚ top competitors such as Chipotle Mexican Grill‚ Moe’s Southwest Grill‚ Taco Bell and Qdoba have invested valuable resources in separating themselves from their

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    Leadership Philosophy Founded by Steve Ellis in 1993‚ his main focus was to transform "fast food" to an experience more similar to fine dining. Taking inspiration from features commonly found in fine-dining‚ he wanted the strategy for Chipotle Mexican Grill to focus on the following five elements: • Serving a focused menu of burritos‚ tacos‚ burrito bowls and salads • Using high-quality raw ingredients and classic cooking methods to create great tasting‚ reasonably priced meals served in minutes

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