By so doing, CPK will improve its margins since it will have streamlined the pizza menu alongside other critical issues. With the economy favoring the restaurant chains, CPK has options to weigh, which include selling itself. With such options at sight, the company’s directors have allowed the management to come up with strategic alternatives like changing the capital structure, merging, or acquiring other companies in the same industry. However, investors must be warned that such strategies are not a guarantee for good performance in future. Some few years ago, CPK suffered from low sales because most pizza consumers opted to cook at home. Having realized that, the company launched a call center where customers would call to make orders with free delivery. In addition, the company increased its wine varieties and the catering program. Since it owns most of the pizza restaurants in the US, CPK prefers to lease a huge proportion of its property in places where it is located. Such a strategy has assisted it avoid huge debts.
As a premium pizza company in the US and around the world, CPK has to categorically select its best positions. Strategies, as discussed above, are an indicator that the company acknowledges the existing competition, changes in customer preferences, global issues, and environmental changes. Through such attributes, the company has adopted some strategies to accommodate customer preferences for instance launching a call centre, which makes it possible for customers to make orders instead of cooking at home. Some strategies are purely meant to help the company maximize profits. Managing a series of CPK restaurants can be a hectic task. For this reason, the management made a unique decision by leasing out some of the restaurants under its name to reduce costs attached to management and thus maximize on profits. Strategies are helpful to any organization. They ...
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(Cpk Term Paper Example | Topics and Well Written Essays - 250 Words)
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A 29-year-old female patient was admitted to the internal medicine department with epigastric pain, continuous colic, nausea, and vomiting. The ECG demonstrated an old anterior wall myocardial infarction. The serum creatine phosphokinase (CK) and cardiac troponin T (TnT) levels were normal.
The chain was the brainchild of two lawyers and its focus was on California style pizzas with unusual toppings. The chain experienced great success in its initial years but recently has been facing financial problems. The first outlet was opened in Hollywood and since then has expanded to thirty states as well as nine countries other than the US.
After the analysis of the strategic position, the strategic choices are examined, these evaluate strategic options available to the company, once these strategic options are analysed in the context of the strategic position to assess their relative merits; the strategy with the highest merit is selected and implemented.
The committees that are being operated in the organization are the Audit Committee (responsible for all financial and controlling issues), Nomination Committee (responsible for recommending members to the Board of Directors), Compensation Committee (responsible for reviewing and setting up compensation/salaries for high ranked officers and directors) and the Corporate Governance Committee (responsible towards the shareholders and reviewing the work of the business with respect to customer and the global perspective) (CPK, Form 10-K/A, 2010) Systems The budgets in the organisation are set up by the management.
This business strategy helps in eliminating waste by controlling the level of defective production. Motorola is one such company that has hugely applied the Six Sigma in its production for quality assurance. Six Sigma has enabled companies to cut on their operational costs as a result of having 99.9% of products free of defects.
In the 1870s, descriptions of people (particularly boys) who grew weaker over time, lost mobility, and died young became increasingly prominent in the medical field. During that period, these descriptions were documented in medical journals. In the next decade, Guillaume Duchenne, a French neurologist, provided a comprehensive evaluation of 13 boys with the most prevalent and severe form of the disease (Parker & Philip 14).