BUS 480 Strategic Audit Michelle Herndon (2012) Case Number and Title Case 32: Panera Bread Company (2010): Still Rising Fortunes? CURRENT SITUATION Panera Bread’s intention is “to make Panera Bread a nationally recognized brand name and to be the dominant restaurant operator in the specialty bakery-café segment.” Panera experienced competition from many numerous sources in its trade areas. Their competition was with specialty food‚ casual dining and quick service cafes‚ bakeries‚ and
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8 Panera Bread Company C A S E ASSIGNMENT QUESTIONS 1. What is Panera Bread’s strategy? Which of the five generic competitive strategies discussed in most closely fit the competitive approach that Panera Bread is taking? What type of competitive advantage is Panera Bread trying to achieve? * The competitive strategy that best fits Panera Bread is differentiation. The offer gourmet fast food to the urban area. There a triple threat with their competitive advantage : product‚ environment‚
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didn’t have anything to give us for lunch‚ not even butter and bread. With a childlike faith‚ I went right to my bedroom and prayed a simple childlike prayer. It went something like this:
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Panera Bread’s primary competition is comprised of many other fast casual and/or café-style restaurant chains‚ including Chipotle‚ Starbucks Coffee‚ Five Guys Burgers and Fries and P.F. Chang’s China Bistro. BALANCE SHEET ANALYSIS One of the significant changes on Panera Bread’s vertical analysis occurs with the Treasury Stock – Common account‚ which went from accounting for -17% of their Total Liabilities and Shareholder’s Equity to accounting for -51% of them. This change constituted for a decrease
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Strategic management involves the use of innovation to gain a competitive advantage in the industry. In the article‚ “It’s Tough Being a Small Fry at McDonald’s”‚ it talk about how does Ted Lezotte get more stores in the hands of his better operators. Innovation is a topic in strategic management. Through getting rid of smaller franchisees allows McDonald’s to speed renovations and the implementation of new technology‚ such as the self-ordering touchscreens being tested in about 250 locations. A
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FINANCIAL ANALYSIS Financial Analysis – Panera Bread (PNRA) TABLE OF CONTENT a- Overview of The Panera Bread Company ------------------------------4 b- The Latest Financial Statement 2009-2011 ------------------------------5 c- Summary of each Financial Statement ------------------------------8 d- Ratio Analysis (Five major types of ratios)
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make sure it has enough stock and effective stock controls to avoid shortage of raw materials and finished goods. Bread Garden Bakery has an effective inventory of raw materials and finished goods controls in the daily business. Raw materials Bread Garden Bakery has divided the raw materials into two groups which are main materials and secondary materials. The main raw materials for Bread Garden Bakery include flour‚ yeast‚ sugar‚ cream‚ milk‚ eggs‚ and butter. The secondary raw materials are involved
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that I work for. I did this primarily for two reasons: to learn about the mission statement and operations strategy of another company and to apply the quality improvement concepts to a completely new operation’s environment. I chose The Panera Bread Company (NASDAQ: PNRA). That is the place I have been studying for the last year where I could observe how they operate. During this time‚ I have seen several areas that could be improved. For this assignment I chose one in particular that has a strategic
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Due to current economic conditions‚ Bread for the City has reached out and helped so many of the citizens of DC. George has risen maintained a consistent growth pattern; and effectively operating the business. Such success is attributed to decisions made by him and his talented work team. George has made a commitment to excellence that supersedes that of most businesses; illustrated through the achievement of national recognitions for Bread for the City. Bread for the City truly is an information
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Panera Bread Company-2010 Strategic Audit I. Current Situation: A. Current Performance Healthy financial position: company experiencing growth without debts‚ increased revenue‚ increased earnings per share. Higher operating cost‚ small revenue compared to competitors Increased price per share Total company revenue increased by 4.2% Hoover Europe still showing losses. Net Income increased by 27.6% 55 net new Bakery cafes opened Highest sales revenue among the fast-Casual Chain Restaurants
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