Mini Case Study Example | Topics and Well Written Essays - 750 words

mini - Case Study ExampleThis in turn has driven Panera to be a leading steadfastly in restaurant industry and grown in sales and profit pies (as evidenced in go into 1 and 2)Panera has undertaken quite a number of strategies that have spurred it to stay ahead of its competitors. First, it has pursue customer justice strategies manifested in areas such quality customer service rooted in all its systems and procedures. For instance, the order accuracy, m of delivery and ambience of service have improved the rate of satisfaction. This has boosted the loyalty and brand name of the firm.(comerford and Collaghan,p.14).Second, it has pursued both product and market development strategies. These have been evidenced in diversifying in more regions in order to bring products and services closer to their customers. Sales have increased through the adoption of advanced programs such as improving product features to suit and satisfy quite a variety of customers with unhomogeneous tastes and preferences.(Porter, 13)The firm has also undertaken proper pecuniary management strategies that have ensured no debt. Its liquidity has trended upwards than either of its competitors. It is most efficient evidenced in asset that has translated into more profit. It has a narrower operating margin. The firm bath also improve its value by pursuing the following strategical options (Collaghan and comerford,)Diversify into more strategic units so that a wide customer base. The improvement of service will create a emend relationship with the community thus improving the profit margin pies of the firm in the end.Increase the work out in social marketing strategies with an aim of making a wider customer community. Todays customer like sophisticated technologies such as facebook, twitter and yelp. This will involve a substantial financial investment.1) The economic environment remains the same for seven-year period. For instance, that there will be no