planning. They have a fun and positive approach to their franchise; however they have great expectations to achieve success. Cold Stone started with a mission: “We will make people happy around the world by selling the highest quality‚ most creative ice cream experience with passion‚ excellence‚ and innovation.” From the company-wide goal to the organizational goals‚ each one is numerically defined and measurable. So the entire purpose of their goal setting is to achieve high performance. 2. An idea of
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SAMPLE BUSINESS PLAN Fast ‘n Fresh Premium Ice Cream Parlor 858 Success Avenue Valley City‚ CA 93xxx 559-000-0000 (T) – 559 – 000-0000 (F) Prepared By J. B. Entrepreneur Submitted To: Valley City National Bank 2461 Money Avenue Valley City‚ CA 93xxx Foreword This sample business plan was prepared by Craig Gonzales‚ undergraduate student‚ and by Dewey E. Johnson‚ Ph.D.‚ Professor of Management and Director‚ Small Business Institute‚ Sid Craig
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readers and welcome back!! As the title suggests‚ the first recipe I’ll be sharing is chocolate banana loaf cake with cream cheese glaze. My group and I were given the opportunity to name our creation ourselves‚ but with our limited capacity of imagination and creativity in our brain‚ we ended calling it what the loaf literally represents‚ chocolate banana loaf cake with cream cheese glaze. Do not be fooled by the overly simple name‚ we actually put in a lot of effort coming up with the name but
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Ice-Fili “A storied market leader facing competitive pressures” To: Senior Management‚ Ice-Fili February 12‚ 2012 Current Situation Ice-Fili was able to maintain its leading position in the Russian ice cream industry during volatile times. However‚ it now faces even tougher challenges that threaten its future prospects: reduction in ice-cream consumption‚ emergence of cost-efficient regional players‚ and the lack of a quality distribution system. After analyzing the situation‚ we recommend
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1. Why does a consumer buy an Ice Cream? Consumers do not perceive ice cream has regular part of their diet; ice cream is bought as a treat‚ a “reward”‚ either to a child‚ the family or to oneself. Generally a consumer does not think before buying an ice cream‚ it is generally bought as an impulse buy. There is a great emotional involvement and a very small objective evaluation of the problem at hand. The consumer chooses to buy and them fell the product (in this case taste) and then evaluate
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examination but it was still quite okay until something drastic happened… Noticing my glum expression‚ Emily relented at last. “Shall we go and get an ice-cream?”She suggested. I immediately brightened up at the prospect of a refreshing dessert. We headed towards our favourite ice-cream shop and she paid $3 for herself and me. Appetising ice-creams in hand‚ we leant against the railings‚ watching the shoppers pass by below us as we enjoyed our desserts. As I savoured the sweet‚ creamy taste of the
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Expected Return=E(R_(ASSET ) )= ∑_(i=1)^n▒〖(P_(i ) 〗 x R_(i ))=(P_(1 ) x R_1 )+(P_2 x R_2) E(RICE CREAM) = (.50 x -.02) + (.50 x .20) = -.01 + .10 = .09 or‚ 9% E(RFRISBEES) = (.50 x .06) + (.50 x .12) = .03 + .06 = .09 or‚ 9% E(RUMBRELLAS) = (.50 x .15) + (.50 x .03) = .075 + .015 = .09 or‚ 9% Variance=Var(R)=σ^(2 )= ∑_(i=1)^n▒〖{pi x [Ri-E(R) ]^(2 )}〗 Var(R_(ICE CREAM) )= .5 x (-.02- .09)^(2 )+ .5 x (.20- .09)^2= .0121 Var(R_FRISBEES )= .5 x (.06- .09)^(2 )+ .5 x (.12- .09)^2=
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potatoes with various species has a sweet smell. The ice cream mix is liquid‚ it is thick and creamy; it is tasteless similar to milk and is white in color. After the sweet potatoes mix‚ which consist of‚ cinnamon‚ butter‚ sugar‚ nutmeg‚ pecans‚ and sweet potatoes was added to the ice cream mix. The mix turned a light orange color. The color adds to the appeal of the product because it is orange just like sweet potatoes. The texture of the ice cream is not smooth because of small pieces of sweet potatoes
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to venture into Bangkok‚ Thailand. A series of relevant questions pertaining to the ice-cream parlour business and its future expansion into foreign markets are proposed here to identify business opportunities and risks. The F&B industry in Singapore and the company’s structure has been studied in depth to gain a better understanding of the industry. 320 Below is a Singapore based company that sells fresh ice cream‚ sorbet and frozen yogurt. The enterprise’s legal structure‚ its history‚ mission‚
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Stone provides premium quality ice cream made on the spot of each location for their customers. Cold Stone has revolutionized the ice cream industry by inventing their signature ice cream creations. No ice cream parlor before has ever given the option of creating an ice cream creation‚ or mixture. In these mixtures you are allowed to combine any premium ice cream with any ingredient of your choice from nuts to candy pieces. Not only do they have their unique ice cream creations‚ they have expanded
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