Organisational Structure of Pizza Hut - February 5th‚ 2011 Pizza Hut (corporately known as Pizza Hut‚ Inc.) is an American restaurant chain and international franchise that offers different styles of pizza along with side dishes including pasta‚ buffalo wings‚ breadsticks‚ and garlic bread. Pizza Hut is a subsidiary of Yum! Brands‚ Inc. (the world’s largest restaurant company[2]) with approximately 34‚000 restaurants‚ delivery/carry-out locations‚ and kiosks in 100 countries. President Charles
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Capital Budgeting 1. Barbarian Pizza is analyzing the prospect of purchasing an additional fire brick oven. The oven costs $200‚000 and would be depreciated (straight-line to a salvage value of $120‚000 in 10 years. The extra oven would increase annual revenues by $120‚000 and annual operating expenses by $90‚000. Barbarian’s marginal tax rate is 25%. a. What would be the initial‚ operating‚ and terminal cash flows generated by the new oven? b. What is the payback period for the
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Concept of Mission Statement & Vision Statement Every company should have a Mission and or a Vision Statement. But they are very difficult to write - they should short‚ clear‚ vivid‚ inspiring and concise without using jargon‚ complicated words or concepts. A Mission Statement is generally included in documents such as Business Plans and Staff Handbooks and can be described as a cross between a company or corporate slogan and an executive summary. A highly successful Mission Statement is
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management model‚ clear vision and mission statements are needed before alternative strategies can be formulated and implemented. An organization’s mission statement is its reason for existence. It often reflects the core values and beliefs of the upper management in an organization. A mission statement is the broad definition of the organizational mission. It is sometimes referred to as a creed‚ purpose‚ or statement of corporate philosophy and values. A good mission statement inspires employees
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A mission statement is a formal short written statement of the purpose of the company or organization. The mission statement should guide the actions of the organization‚ spell out its over all goal‚ provide a sense of direction‚ and guide decision making. It provides the framework or context within which the company’s strategies are formulated. A mission statement talks about the present leading towards the future. Your mission statement may change‚ but it should still tie back to your core values
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INTRODUCTION Pizza Hut began in 1958 in Wichita‚ Kansas‚ USA when two brothers‚ Dan and Frank Carney‚ opened their own pizza restaurant. That first restaurant had only 25 seats. The restaurant sign had space for nine letters. They wanted Pizza in the name‚ leaving space for three more letters. The building looked like a hut‚ and so Pizza Hut was born. The business expanded by opening new restaurants and by 1972 there were 1000 restaurants across the USA. The first Pizza Hut restaurant opened in
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Mission and Vision Assignment A company that has garnered my interest as a potential place to work for is The Cheesecake Factory. According to The Cheesecake Factories website the mission statement of the company is‚ “To create an environment where absolute guest satisfaction is our highest priority.” According to the companies website the vision statement of The Cheesecake Factory is‚ “Through a shared commitment to excellence‚ we are dedicated to the uncompromising quality of our food‚ service
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International University College Marketing Research Assignment Of Pizza Hut Prepared by: Victoria Bozhilova Course: Hotel Management in English 2nd year Table of contents * Executive summary * Introduction * Research * Conclusion * Recommendations * References * Appendices Executive summary This marketing research report is about the strategy of Pizza Hut for entering a new market. This research includes the preferences of the customers for going to any fast-food
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VISION & MISSION STATEMENT OF TOP COMPANIES 1. Vision & Mission of TOYOTA (Indus moters) Vision: "IMC’s Vision is to be the most respected and successful enterprise‚ delighting customers with a wide range of products and solutions in the automobile industry with the best people and the best technology". Mission: Mission of Toyota is to provide safe & sound journey. Toyota is developing various new
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Mission‚ Vision‚ and Values: ACME Parking ACME Parking has been providing parking management services and solution to private lots‚ restaurants‚ night clubs‚ and hotels in the Los Angeles and Orange County since August of 1999. The services which ACME Parking provides are valet and self parking management‚ parking consulting‚ and installation and maintenance of parking equipment. Their clients include landmark locations in Los Angeles‚ national restaurant chains‚ as well as international Hotel chains
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