BOSTON CHICKEN‚ INC* At the end of 1996‚ Boston Chicken was one of the hottest names on Wall Street. Operating in the highly competitive restaurant industry‚ the chain had grown from 18 stores in 1991 to over 1‚000 stores in 1996 and in its short history had raised over $1 billion in public offerings. EPS had grown from just $0.06 in 1993 to $1.01 in 1996‚ representing an annual growth rate of well over 100%. At the end of 1996‚ Boston Chicken traded around $40‚ representing a price-earnings multiple
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Ryan Waldschmidt Boston Chicken‚ Inc. 4/20/09 1. The unique business strategies of Boston Chicken acts as a differentiator to the market to obtain a competitive advantage. Boston Chicken’s business strategies are the key to achieving and sustaining this competitive advantage. Boston Chicken was going to utilize several different aspects to achieve their overall business strategy. First‚ they used collaboration with high quality area developers. Instead of franchising to large number of
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Assess Boston Chicken¡¯s business strategy. What are its critical success factors and risks? Boston Chicken wanted to be a home meal replacement. Its main strategy includes (1) focus on franchising to larger regional developers who will open new stores in the region; (2) focus on home cook taste food and keen on introducing new varieties of food choices; (3) rapid expand to open new stores; (4) keen on operation and process improvement. Such a strategy made the business expand fast in term
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Should Canyon ranch implement a CRM strategy? What are some of the major considerations? Canyon Ranch should absolutely implement a CRM strategy. For years Canyon Ranch has been the leader in the luxury segment of the spa industry‚ with a unique value proposition. However‚ competition has started becoming an increasing threat‚ as the trend has shifted towards convergence between medicine and spa services. There are a number of new players‚ and in order to maintain that point of differentiation
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With an increase in the demand for natural beef‚ it is surprising that kosher options have been slow in coming but this month saw the launch of Tevye’s Ranch product line which offers affordable glatt kosher‚ grass fed‚ antibiotic-free organic beef. Tevya’s Ranch is importing their superior meat from Uruguay. A family company‚ the business is growing quickly as demand feeds sales for grass-fed beef‚ now available in many kosher markets nationwide and even online. For approximately $2 more per
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1. Should Canyon Ranch engage in a personalization and CRM strategy? Why? Canyon Ranch should engage in a personalization and CRM strategy because this will enable them to consolidate all their customer data into a central view. Canyon Ranch currently has a decentralized IT infrastructure. A central view will allow them to aggregate the data they already collect and use this to address the different needs of the customers in the fastest and most effective manner. The use of CRM could also be
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Question#1 An example of differentiation in the company would have to be that the IT department has 68 employees working in the division but it is separated by specialization. Jt only has five employees who report to him. Integration was used when Jt suggested that the managers require all the IT employees input their information the wiki to better serve the company. Question #2 Authority was used when JT took the role and suggested that all authorized personnel have access to the work that
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Boston Chicken Case Boston Chicken Inc is chain of fast food restaurants‚ and also in the business of take-out home cooked food. The main business strategy of Boston Chicken is differentiation. To achieve their overall business strategy‚ Boston Chicken implemented four strategies. First‚ Boston Chicken focused on franchising to larger regional developers after a careful screening process. Second‚ Boston Chicken diversified their product offering by keeping introducing new varieties of
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Boston Chicken Inc. Case Study 10/22/08 (All amounts listed in thousands) 1. Boston Chicken implemented a franchising strategy that differed from most other franchising companies at the time. Boston Chicken focused its expansion through franchising the company through large regional developers rather than selling store franchises to a large number of small franchisees. In that‚ an established network of 22 regional franchises that targeted their operations in the 60 largest U.S. metropolitan
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Merrill Lynch From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search This article is about Merrill Lynch as an independent company prior to its January 2009 acquisition by Bank of America and its continuing existence as the wealth management division of Bank of America. For the corporate and investment banking division of Bank of America‚ see Bank of America Merrill Lynch Merrill Lynch Type Subsidiary of Bank of America Industry Finance and Insurance Founded 1914 (as Charles
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