I. TIME CONTEXT Current Situation II. POINTOF VIEW This presentation is in the point of view of the manager-owner. In this case‚ it is in the point of view of Miss Rose Malabanan‚ the proprietress of ROMA Bakery – a bakeshop that started in 1970 and until now‚ is still in the business after 38 years of continuous operation. Due to increase in demands‚ the owner is planning to expand the business by opening another branch. III. CENTRAL PROBLEM Does the plan of the owner-manager to open
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recorded as sold first. For example‚ a bakery produces 100 cakes on Monday at a cost of $1 each‚ and 100 more on Tuesday at $1.25 each. FIFO states that if the bakery sold 100 cakes on Wednesday‚ the COGS is $1 per one cake (recorded on the income statement) because that was the cost of each of the first cakes in inventory. The $1.25 cakes would be allocated to ending inventory (appears on the balance sheet). In contrast‚ LIFO states that the same bakery would assign $1.25 per cake to COGS‚ while
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whole thing is repeated.” In other words all the buttery layers that we see in croissant‚ Danish‚ napoleons‚ palmiers‚ etc. are all made through this process. I feel that laminated dough is a big part of my career. Being that one day I wish to own a bakery revolving around fresh baked pastries none being pre-made. It is a laborious process but the outcome is what matters. What is more important is where it originated from‚ how is it important to my future and how successful the consistent flavor and
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Synopsis Panera Bread Company began in 1981 as Au Bon Pain Co. founded by Louis Kane and Ron Shaich . Ron Shaich befriended cofounder Louis Kane in 1980‚ shortly after opening the Cookie Jar bakery in Cambridge‚ Massachusetts. Kane‚ a venture capitalist‚ had recently purchased the Au Bon Pain Company in 1978. Shaich was interested in “adding bread and croissants to his menu to stimulate morning sales” . Shaich recalled‚ “50‚000 people a day were going past my store‚ and I had nothing to sell
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sectors: organized and unorganized. Bread and biscuits are the major part of the bakery industry and covers around 80 percent of the total bakery products in India. Biscuits stand at a higher value and production level than bread. This belongs to the unorganized sector of the bakery Industry and covers over 70% of the total production. India Biscuits Industry came into limelight and started gaining a sound status in the bakery industry in the later part of 20th century when the urbanized society called
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* Mission : To take over the Malaysian bakery industries. * Objectives : 1. To provide scrumptious cakes and pastries to Malaysians. 2. To provide halal food for Malaysians. 3. To start making profit in 2 years. 4. To open a new stores every 3 years. * Business Address : Rindu Sayang Bakery‚ No. 4‚ Lorong PJS2C/11N‚ Taman Dato Harun‚ 46000 Petaling Jaya‚ Selangor Darul Ehsan. * Location Plan : Rindu Sayang Bakery stores is situated in Taman Dato Harun. RSB
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coursework involves investigating marketing within a chosen business. The business I have chosen to investigate is Kitchen‚ a small business located in Snaith. The aim of my coursework is to evaluate the marketing strategy used by Kitchen to sell bakery and deli produce and also to operate a café. To investigate my chosen business I will give a brief background to Kitchen and the products they sell. Then I will explain what marketing is‚ including the 4p’s of marketing and discuss why the 4p’s are
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Asia. Singapore-listed bakery chain BreadTalk plans to double the number of mainland outlets in the next two years. Founder and chairman George Quek said the company would have 550 outlets across the mainland by 2014‚ compared with about 300 now. He admitted that a shortage of local talent and dearth of quality retail space were the main stumbling blocks for the expansion. "We have the resolution and confidence in competing in this fast-growing market‚" Quek said. "The bakery business could grow
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It manufactured and distributed savouries‚ pastries‚ cakes‚ birthday gateaux‚ cookies‚ breads and other bakery items. Products were divided into two main categories: (1) Pastries and Cakes‚ and (2) Savouries. . In 1971‚ for the first time in India‚ a plan of having an exclusive franchise cake shop was conceptualized. Mr. H.T. Khorakiwala‚ the founder president of national association of bakery industry‚ who spear headed the operations‚ realized that to grow it was necessary to focus on production
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Evaluation of Cinnabon 1.1 Background and Reliability The Cinnabon franchise was sourced from www.franchiseopportunities.com (Appendix 1). Cinnabon was founded in 1985 and have more than 1‚100 bakeries in over 55 countries‚ primarily in high-traffic venues. They are the current market leader among cinnamon roll bakeries. Cinnabon has won several awards (Appendix 2)‚ such as the World-Class Franchise award. Cinnabon is a Business Format type of Franchising that is fully integrated and fosters an ongoing
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