Panera Bread Company 2012 Annual Report to Stockholders April 18‚ 2013 Dear Stockholder‚ For years now‚ you have heard us say that the real test of a company is its ability to generate shareholder value over the long-term. With that said‚ we realize that a management team’s credibility is built by delivering results year-over-year‚ quarter-by-quarter. Thus‚ we are pleased to report that 2012 was another extraordinary year for Panera. We’re proud to have exceeded our earnings targets in
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Journal of Accounting – Business & Management 13 (2006) 39-68 Evaluation of The Effectiveness of Control Systems in Computerized Accounting Information Systems: An Empirical Research Applied on Jordanian Banking Sector Talal H. Hayale* Husam A. Abu Khadra† Abstract The objective of this study is to evaluate the level of Control Systems effectiveness in Computerized Accounting Information Systems (CAIS) that is implemented in the Jordanian banking sector to preserve confidentiality‚ integrity
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Asvfdbdfklsdbnvipsdbnipvbnvklsbnaklvnsdklavnklscnvm‚ cxzklv xkclbzviksdbaivbiasdfvbklfbsdklvbkdfvm bxcm‚bvjbsjav mxd vcxmbvbawjbviwoabvm ksdbnvksbdklvbsdabvjxcbmv bcmzx‚cvoweFJWEOVJL;svl:ZXN‚.VN.CXZNBIORAWEN9HSdkVN‚ZXC VM XCVBIWEBAVKB KLDB VOZB KXCNVKX VKXCHNVK IX MXCI NVSDM VISD VSDIVN SKDNVISDNKVN/ASDNV ASDIVNAWEK FVSDNI VSDVKLSDNVKXCZNVNWENVSDA VSDAVSADOVJWEV SD SDV SDVSD VSDV SDVSD The quality of U.S. and Canadian tap water is generally quite good‚ but chlorine is often added as a disinfectant
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Panera Bread’s sales growth rate for 2003 was 28.1% and 38.1% in 2002; therefore the sales growth rate for the company is increasing at a decreasing rate. The decreasing rate of sales growth may be attributed to the company’s current marketing strategy. The company’s ad-to-sale ratio was only 2.1% compared to the category average of 4% Also; Panera Bread does not have a lot sufficient of bargaining power with its suppliers‚ which may affect its net income. A loaf of bread in every arm is the
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“Thirty years ago‚ Ron Shaich set out to change the world by changing the way America eats. He’s done that with not one‚ but two successful restaurant brands. By co-founding Au Bon Pain‚ Co. Inc. and founding Pan-era Bread‚ Shaich shook up the industry by offering an antithesis to fast food – hand made‚ artisan food served in warm and welcoming environments by people you can trust.”(KANAI‚ 2012) This quote describes how Shaich and colleagues started to create their cafe bakery and change the way
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Panera Bread is a renowned restaurant that has come about from the merging of great companies and people. However‚ the beginning was actually with Au Bon Pain which was started in Boston’s Feneuil Hall as a demonstration bakery. Louis Kane was struck by this store’s growth potential and purchased the business in 1978. Between 1978 and 1981 the company opened 13 stores‚ but subsequently closed 10 of these stores‚ in the Boston area and had major debt. Ronald Shaich‚ a recent graduate from Harvard
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Panera Bread Company is a leader in the easy casual restaurant industry with multiple café-bakeries located in 36 states‚ of the United States. Panera operates under the banner of Panera and Saint Louis Bread Company. Almost 400 of its 1‚027 bakeries are company-operated and the remainders are franchisees. Panera Bread’s core competencies are in their market niche‚ offering a premium specialty bakery and café experience to suburban and urban residents. Penera’s focus is offering their
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I never realized how much my perspective on going to college would change after getting my first job at Panera Bread a few years ago. I always knew I wanted to go to college but I never understood the importance until getting my first low-skilled job which was at Panera Bread. Like many kids my age‚ the summer of turning seventeen was when I decided to get my first job. I now had a driver’s license and a car that my grandpa helped me buy‚ so naturally‚ my working middle-class parents wanted me to
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Program evaluations primary purpose is to improve teaching and learning. There are four levels of evaluation required in order to successfully assess the program 1. Reaction evaluation 2. Learn evaluation 3. Behavior evaluation 4. Results evaluation Reaction evaluation is the gathering of information from the program participants. Specifically‚ what they most liked and least liked about the program and any positive or negative feelings they may have. Learning evaluation is the
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I. Introduction 1. The revised policy of UNDP for evaluation was approved in 2011. The purpose of the policy is to establish a common institutional basis for the UNDP evaluation function. The policy seeks to increase transparency‚ coherence and efficiency in generating and using evaluative knowledge for organizational learning and effective management for results‚ and to support accountability. The policy also applies to UNDP and its associated funds and programmes – the United Nations Capital Development
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