Saturday, May 4, 2019
Internal analysis (General Resources for Mr.Empanada) Assignment
Internal analysis (General Resources for Mr.Empanada) - subsidization ExampleOne of the primary(prenominal) areas of focus is the general choices of the caller-out which include its reputation, relationship with other stakeholders and how the association and its brands are associated with reliability and quality. The first characteristic is that of reputation. This seeks to analyze how the company and its brands are perceived among their customer base. A good reputation foot result in the company attracting more than than customers thereby increasing its revenues. A bad reputation on the other hand could negatively impact on the company as some customers would rather not associate with it. The company has a strong presence in the compacta verbalise area where it has a lot of clients and customers. In this area, the company has great reputation since its brands are a positron emission tomography to a majority of the people in the area. The company however faces a lot of cha llenges outside the Tamp area as its brands are not widely known. The reputation of the company and its brands call for to be improve outside Tampa Bay area in order to attract more customers. The companys main food, Empanada, is not known to most people outside the Tampa Bay area. This is the main brand of the restaurant and needs to be well known among its target customers. The company needs to do a lot of merchandising in other regions to promote its brand. This will lead to a great reputation of the company and its brands then increasing its general resources. ... This means that services have to be tested and that its foods as well as services have to be of the best quality. Mr. Empanada restaurants services are evidently reliable in the areas in which the company operates. This is because the restaurant has managed to consistently attract more customers since its re returning in 2003, which has prompted the company to open other subsidiaries in other areas and planning to open other in the near future. The fact that more people are taking up their services implies that they appreciate the companys quality and reliability. In areas where the company is popular such as Tampa bay FL, there are cases of repeat buying from sure customers. The restaurant has a buy-price premium over competing brands among its loyal customers. In other areas, there is need for more to be done in order to ensure the companys services are accepted in order to be able to compete with spark advance brands in the industry. The last general resource that needs to be taken in to consideration is the companys relationship with other stakeholders including customers, employees, suppliers, creditors and debtors among others. The company has a strong and positive relationship with its stakeholders. The company has a great organizational culture that emphasizes on customer service. The employees are encouraged to relate well with the customers and other stakeholder. Following this a nalysis, several recommendations can be put forward to enable the company to expand its operations and be able to compete with leading companies in the industry. Like most of the successful restaurants, franchising is the best model. Mr. Empanada should adopt the business format franchise where it can partner with several outlets
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