Case Study – Ruth’s Chris – The High Stakes of International Expansion Analysis 1. What did Hannah do to make a first cut in the list of potential countries? Hannah to make sure that customers were beef eaters. Ruth’s Chris was a steak house and its primary customers were people who enjoy beef. With the target customer being a well-to-do beef-eater‚ restaurants‚ needed to be in densely populated areas to have a large enough pool. Most large centers would probably meet this requirement.
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Case #1 3/7/2013 Ruth’s Chris Steak House was looking for a new business strategy focusing on continued growth of franchise and company-operated restaurants in 2004. Since it was currently a publically owned company‚ Ruth’s Chris Steak House had to meet Wall Street’s expectations for revenue growth. The question was‚ “How will we do this?” The most logical chosen model to do so was looking at Market Development which means having the same product but in a new market. With franchises in
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Case Analysis: Ruth’s Chris Steakhouse 2006 appeared to be a pivotal year for Ruth’s Chris Steakhouse. After raising more than $154 million through its IPO‚ the newly public company was focused on expanding its business through both company-owned and franchised locations‚ including expansion of its global business. While the company already had successful operations in 10 international locations‚ including Canada‚ Mexico‚ Taiwan‚ and Hong Kong‚ Dan Hannah‚ vice president of business development
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Chris McCandless There comes a time in everyone’s life where they start to make decisions. For some this time comes at an early age‚ some directly after high school‚ for others it comes after college. No matter what time it comes in your life there is always this realization that you have to become “independent and self sufficient”. Chris McCandless was one of those people who realized this‚ but took this experience that most people go through and over exaggerated into something that he
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prepared for nothing‚ he felt that he was above nature and it could not affect him. Chris McCandless in Jon Krakauer’s “Into The Wild” went into the wild unprepared for the conditions he was about to face. As a person who read the writings of Jack London‚ his death seems somewhat ironic. “To Build a Fire” by Jack London brings out the irony even more‚ we see how London wrote and how it relates to how Chris died. Chris McCandless is a person who did not believe in rules of society. He believed that
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work along with dedication to each task that Chris faces. Chris’s dedication to pursuing a happy and better life for him and his son is inspiring. Chris consistently tries to do the best for him and his son. He juggles his life with work and taking care of his son along with trying to find a roof to sleep over in the night. The aspiration shown through Chris of going from working with completely nothing to finding a career is truly inspiring. Chris could have just given up all hope but his positive
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Case Study Synopsis: Ruth’s Chris – The High Stakes of International Expansion Defining the Issues company completed a milestone completing a successful IPO that raised more than $154M USD in new equity capital in its 2005 annual report‚ the company committed to an accelerated development plan through company owned and franchised locations. current stores were seeing consistent incremental revenue growth‚ but accelerated development will require entry into the international
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some may think of them as selfish‚ he had his reasons for packing up his few belongings‚ leaving his family and walking “Into the Wild.” The death of Chris McCandless was an accidental tragedy. Chris and his dad never really got along (Source One.) They were both stubborn making it impossible to agree on anything. They both always had to be right. Chris decided to be “the bigger person” though and stick to his mother and fathers plan for him through college. He didn’t complain and he even visited them
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Chris McCandless (Alex) was a young‚ privileged man who went into the wild because of his idealism and contempt for a materialistic lifestyle‚ his romanticism of Nature‚ and his desire to live a meaningful life. I admire Chris McCandless for choosing to pursue his dream of hiking across Alaska no matter how many people thought he was crazy. He “threw away subtlety and immersed himself in the values he thought were worthwhile and pursued the ideals that he felt were important‚” (LaMarche). He believed
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To me Chris McCandless was a dedicated and adventurous young man. He was very dedicated to the thing he loved. When people told him what to do he very rarely listened to them‚ so to me he was very independent. When he was put to a job he was very dedicated to it‚ it didn’t matter what it was. Like when he moved to the town where Wayne Westerberg live he was put to work and all the people he worked with agreed that he was a very hard working person. When Chris decided to go into the wilderness
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