UNDERSTANDING BUSINESS / SIMNET CODE >I<
UNDERSTANDING BUSINESS / SIMNET CODE >I<
13th Edition
ISBN: 9781266120824
Author: Nickels
Publisher: MCG
bartleby

Concept explainers

Question
Book Icon
Chapter 8, Problem 3VC
Summary Introduction

Case summary: Company F is in a business of quick service dinning. Company F is the fastest growing restaurant business and receives 4,000 applications every year for franchise. It offers burritos, wraps, soup, salads and other foods also. Person MC the founder of the company wants to make healthy living easier. With this objective in mind, Person MC opened the restaurant. Now, Person MC allows franchise only to those individuals who have the same passion. Company F uses flat organizational structure. Company Flat structure removes many layer of management. There is no necessary formal structure. The member of team also works on standing desk. Company Franchise of Company F also uses same flat structure and have same environment. Today, franchise of Company F is spreading faster. In this fast moving world, Company F has maintained its core value.

Characters in the case: Company F and Person MC.

Adequate information:

Company F was founded in 2005. It is now in 300 locations worldwide. Company F receives 4,000 franchise applications yearly.

To determine: Whether the corporate culture at Company F is somewhat resistant to change or accepting of change and reason for it.

Blurred answer
Students have asked these similar questions
1. What can a restaurant manager do to help food costs? 2. How does a restaurant manager ensure that food cost changes will not only help the operations of the business but also keep your customers happy?
why it is exciting to own a restaurant?
It has been Sam's long-standing dream to run a venture business. He had envisioned an online shirt-reselling business and started it with some of his friends as soon as he graduated. As the shirt-reselling market has grown year by year, he received the investment for the business and could set up an office. The venture has expanded rapidly, but the ways to handle tasks have not been effective thus far. Before starting a venture, Sam was close to his friends; however, they had not known each other well. Even after doing a business, Sam needed to engage in most of the tasks. Sam feels that the ways of working with other members must change to catch up with the dynamic market more effectively. Also, it needs to hire new employees. Foremost, he wants new employees to excel at teamwork. It needs to set up a short training session for newcomers; however, Sam is not sure how to accurately explain what it means to be an “effective team member” during the session. a. Describe the current task…
Knowledge Booster
Background pattern image
Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning