THE HISTORY OF SUBWAY In 1965‚ Fred DeLuca set out to fulfill his dream of becoming a medical doctor. Searching for a way to help pay his education‚ a family friend suggested him to open a submarine sandwich shop. Dr. Peter Buck has made a loan of $1000 to become Fred’s partner‚ and a business relationship was forged that would change the landscape of the fast food industry. The first stores was opened in Bridgeport ‚ Connecticut in August‚ 1965. After that Fred DeLuca and Dr. Peter Buck
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The Subway sandwich chain is the largest restaurant operation in the world‚ as determined by the number of locations. Subway has been gaining on other fast-food restaurants such as McDonald’s for years. It’s smaller format costs less to open and operate than other chain restaurants and lets it squeeze into heavily trafficked locations places such as McDonald’s might bypass. In its clarity‚ simplicity‚ and achievability‚ the Subway restaurants have one of the best mission statements in the U.S.
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For years‚ Subway attracted and held onto customers through a reward system known as the Sub Club. How did this system work? Basically‚ Subway gave its patrons business-sized cards with tiny stamps on them. Every time a card filled up with stamps‚ the patron earned a free meal. Unfortunately‚ Subway had to discontinue the Sub Club‚ much to the dismay of its loyal customers. The reason? Fraud. The availability of cheaper home laser printers and multimedia personal computers has made counterfeiting
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INTRODUCTION The popular saying that goes‚ ’no man is an island’‚ does not only apply to humans but can also be attributed to the business world. In order to remain active and competitive‚ an organisation needs to take into account‚ not only internal processes but also look into consideration its external environment. Factors such as competitors‚new rules and regulations‚changing marketplace‚ changing workforce and other related factors that have direct impact on the existence of the business
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For each of the 8 countries we’re covering‚ we’ll start off with topline statistics as sort of a summary‚ or more of a launching pad for further exploration. We’ll start with Russia‚ partly because this may be the last 5-year period that it is included in the top 10 international powers. Out of all the 8 countries I will look at individually‚ Russia faces the most daunting challenges. They have faced worse--I would hate to be a centenarian from Russia--but I doubt if they have the resources or leadership
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Also‚ please tell us more about your professional background and education. Please include a current resume or CV. -CV Attached 2) Provide a detailed description of how you see yourself as a SUBWAY franchisee. List your duties and responsibilities‚ both short-term and long-range. -As a subway franchisee I do not see myself as a business owner but as a member of a team that is willing to work hard in order to achieve the goals and targets we set ourselves according to our 5 year business
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the subways. It is unclear whether this concept made way to New York City on purpose or if it was an accident. Shortly after the CORNBREAD and COOL EARL effort‚ the Washington Heights section of Manhattan was giving birth to new writers. In 1971 The New York Times published an article on one of these
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Introduction: This course work is to evaluate the different factors affecting the international business. Such as political‚ social‚ economical‚ and technological. You will see all these factors to be discussed in a chosen company and it also contains supply chain with logistic process of the chosen company. International business is the process of integration and interaction among the people. it is the process of boosting the interdependence and connectivity of the world markets and businesses
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Main issues for Yahoo! Inc. Microsoft offered $ 44.6 billion‚ trying to get Yahoo’s Internet-research business only. Significant decline in net profit in 2008 and 2009. Rapid deterioration of online advertising business. Throw employees as a solution to increase profits even. Close its services and website. Negotiate an agreement with Microsoft or to continue alone. Its stock value was less than $ 14 by 2009. Internet products‚ services and content are characterized by rapid change‚ converging
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1. The dominant impression that the author intends to create is the atmosphere of aggravation and the darkness of the subway. Numerous details contribute to picturing the subway as the place for which nobody actually cares. For example‚ the author mentions “the remains of a dirty liquid” or the advertisements “scribbled over with … well-known obscenities”. The atmosphere that the author creates seems to be depressing with the “nauseating dark brown” or “sick black paint” used in the description.
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