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Cold Stone Store Franchise Ice Cream Headache Case Study
Take a look at the case entitled “Ice Cream Headache” ( ATTACHED A PDF)! This case provides information on what it tak ...
Cold Stone Store Franchise Ice Cream Headache Case Study
Take a look at the case entitled “Ice Cream Headache” ( ATTACHED A PDF)! This case provides information on what it takes to purchase and operate a Cold Stone Creamery ice cream store franchise. I’ve summarized the financial data below, and also provided similar data about purchasing a McDonald’s restaurant franchise; McDonald’s restaurants earn a lot more revenue but require a much larger financial investment to start up.
You have the opportunity to purchase one of these franchises. Considering these two possible business opportunities, respond to the following questions, reflecting:
Questions
What do the laws of supply and demand and the concepts of market competition suggest about running a Cold Stone Creamery franchise vs. a McDonald’s franchise? Which franchise would seem more attractive to you as a business, and why?
Considering the concepts of Corporate Social Responsibility and the various approaches to CSR that an organization can take, how do you feel ethically about the opportunity to own and run a McDonald’s franchise? What CSR approach would you take, and what are some practical ways you would demonstrate your CSR approach?
Cold Stone Creamery allows individuals, partnerships, corporations or limited Liability companies to purchase a franchise. McDonald’s only allows individuals (sole proprietorships) – no corporations and no partnerships (not even family members, apparently!). Considering the advantages and disadvantages of each form of business ownership, discuss how these requirements might make one of these franchises more or less attractive to you.
If you had the financial resources to purchase either one of these opportunities, which would you choose, and why? If you would choose not to pursue either, what would you prefer to do with the financial resources at your disposal?
Cold Stone Creamery
Franchise Fees: $12,000 to $27,000. Also, you pay 6% of gross sales (royalties) and 3% of gross sales (advertising fees)
Financial requirements: $100,000 liquid assets, and at least $250,000 net worth
Startup costs: $310,375 to $476,975
Training: 11 days
Average annual revenue: $350,000 to $400,000
McDonald's
Franchise Fee: $45,000, and 4% of gross sales (franchise), and 10.7% of sales (rent)
Financial requirements: at least $500,000 liquid assets
Startup costs: Between $1M and $2.2 Million (40% must be paid by franchisee in cash)
Training: 12-18 months
Average annual revenue: $2.7 Million
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Intercultural Book Analysis: Always Running
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After reading the autobiography of Luis Rodriguez and participating in our discussions of the book, now it ...
Intercultural Book Analysis: Always Running
Instructions:
After reading the autobiography of Luis Rodriguez and participating in our discussions of the book, now it is your turn to communicate what you learned from the book. In this essay I would like to hear what concepts that you have learned this semester helped you connect to his story and better understand the impacts of intercultural communication.
In a 2-3 page essay follow the guidelines below to complete the assignment.
In your first paragraph
briefly summarize the book to give a general idea of the overall story. End your introduction with a thesis statement about two intercultural communication concepts that will be developed in the body of your essay.
In the body of your essay
For each intercultural concept you have chosen, identify examples of how each is demonstrated by the characters and/or development of the plot.
Describe how the concept is applied in the story. Be specific as you describe the character(s) and/or event(s) where this concept is demonstrated. Use appropriate terms from the text.
Evaluate whether the concept is applied effectively or ineffectively (good example or bad example).
Analyze the consequences of the concepts effective or ineffective application. Consider the short-term and long-term consequences to the character(s) and/or plot. Go beyond the actual book
In a concluding paragraph
summarize your insights regarding intercultural communication as demonstrated in the book. What are the major lessons to be learned?
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Park Relationship Between a Baseball Teams Wins and Its Performance Research Project
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Most Popular Content
Cold Stone Store Franchise Ice Cream Headache Case Study
Take a look at the case entitled “Ice Cream Headache” ( ATTACHED A PDF)! This case provides information on what it tak ...
Cold Stone Store Franchise Ice Cream Headache Case Study
Take a look at the case entitled “Ice Cream Headache” ( ATTACHED A PDF)! This case provides information on what it takes to purchase and operate a Cold Stone Creamery ice cream store franchise. I’ve summarized the financial data below, and also provided similar data about purchasing a McDonald’s restaurant franchise; McDonald’s restaurants earn a lot more revenue but require a much larger financial investment to start up.
You have the opportunity to purchase one of these franchises. Considering these two possible business opportunities, respond to the following questions, reflecting:
Questions
What do the laws of supply and demand and the concepts of market competition suggest about running a Cold Stone Creamery franchise vs. a McDonald’s franchise? Which franchise would seem more attractive to you as a business, and why?
Considering the concepts of Corporate Social Responsibility and the various approaches to CSR that an organization can take, how do you feel ethically about the opportunity to own and run a McDonald’s franchise? What CSR approach would you take, and what are some practical ways you would demonstrate your CSR approach?
Cold Stone Creamery allows individuals, partnerships, corporations or limited Liability companies to purchase a franchise. McDonald’s only allows individuals (sole proprietorships) – no corporations and no partnerships (not even family members, apparently!). Considering the advantages and disadvantages of each form of business ownership, discuss how these requirements might make one of these franchises more or less attractive to you.
If you had the financial resources to purchase either one of these opportunities, which would you choose, and why? If you would choose not to pursue either, what would you prefer to do with the financial resources at your disposal?
Cold Stone Creamery
Franchise Fees: $12,000 to $27,000. Also, you pay 6% of gross sales (royalties) and 3% of gross sales (advertising fees)
Financial requirements: $100,000 liquid assets, and at least $250,000 net worth
Startup costs: $310,375 to $476,975
Training: 11 days
Average annual revenue: $350,000 to $400,000
McDonald's
Franchise Fee: $45,000, and 4% of gross sales (franchise), and 10.7% of sales (rent)
Financial requirements: at least $500,000 liquid assets
Startup costs: Between $1M and $2.2 Million (40% must be paid by franchisee in cash)
Training: 12-18 months
Average annual revenue: $2.7 Million
Amberton University Business Nature of International Business Paper
Personal Reaction Paper: Submit a 5–8-page paper discussing concepts gleaned from reading Modules 1-5 of the text. Selec ...
Amberton University Business Nature of International Business Paper
Personal Reaction Paper: Submit a 5–8-page paper discussing concepts gleaned from reading Modules 1-5 of the text. Select topics that interest you from the required modules (1-5) and expound on them. Express how you conceptualize what the author(s) have written. .
5 pages
Part 1 Define Liability And Malpractice
In the healthcare industry or system, liability refers to the state of being legally responsible for something. Healthcare ...
Part 1 Define Liability And Malpractice
In the healthcare industry or system, liability refers to the state of being legally responsible for something. Healthcare professionals in the ...
Intercultural Book Analysis: Always Running
Instructions:
After reading the autobiography of Luis Rodriguez and participating in our discussions of the book, now it ...
Intercultural Book Analysis: Always Running
Instructions:
After reading the autobiography of Luis Rodriguez and participating in our discussions of the book, now it is your turn to communicate what you learned from the book. In this essay I would like to hear what concepts that you have learned this semester helped you connect to his story and better understand the impacts of intercultural communication.
In a 2-3 page essay follow the guidelines below to complete the assignment.
In your first paragraph
briefly summarize the book to give a general idea of the overall story. End your introduction with a thesis statement about two intercultural communication concepts that will be developed in the body of your essay.
In the body of your essay
For each intercultural concept you have chosen, identify examples of how each is demonstrated by the characters and/or development of the plot.
Describe how the concept is applied in the story. Be specific as you describe the character(s) and/or event(s) where this concept is demonstrated. Use appropriate terms from the text.
Evaluate whether the concept is applied effectively or ineffectively (good example or bad example).
Analyze the consequences of the concepts effective or ineffective application. Consider the short-term and long-term consequences to the character(s) and/or plot. Go beyond the actual book
In a concluding paragraph
summarize your insights regarding intercultural communication as demonstrated in the book. What are the major lessons to be learned?
Park Relationship Between a Baseball Teams Wins and Its Performance Research Project
Using the "Baseball 2010" Excel Dataset located in the "Files" Section of the course (Left-hand Side Menu Bar). The Final ...
Park Relationship Between a Baseball Teams Wins and Its Performance Research Project
Using the "Baseball 2010" Excel Dataset located in the "Files" Section of the course (Left-hand Side Menu Bar). The Final Research Project for the course, and all supporting assignments, will be executed using the "Baseball 2010" dataset. Assessment Rubric for this paper is available under Course Information, Assignments and Grading link.Please make sure that your paper conforms to APA style requirements.Purpose Statement and Model1) In the introductory paragraph, state why the dependent variable has been chosen for analysis. Then make a general statement about the model:“The dependent variable _______ is determined by variables ________, ________, ________, and ________.”2) In the second paragraph, identify the primary independent variable and defend why it is important.“The most important variable in this analysis is ________ because _________.” In this paragraph, cite and discuss the two research sources that support the thesis, i.e., the model.3) Write the general form of the regression model (less intercept and coefficients), with the variables named appropriately so reader can identify each variable at a glance: Dep_Var = Ind_Var_1 + Ind_Var_2 + Ind_Var_3 For instance, a typical model would be written:Price_of_Home = Square_Footage + Number_Bedrooms + Lot_SizeWherePrice_of_Home: brief definition of dependent variableSquare_Footage: brief definition of first independent variableNumber_Bedrooms: brief definition of second independent variableLot_Size: brief definition of third independent variable[Note: student of course replaces these variable names with his/her own variable names.]Definition of Variables4) Define and defend all variables, including the dependent variable, in a single paragraph for each variable. Also, state the expectations for each independent variable. These paragraphs should be in numerical order, i.e., dependent variable, X1, then X2, etc.In each paragraph, the following should be addressed:How is the variable defined in the data source?Which unit of measurement is used?For the independent variables: why does the variable determine Y?What sign is expected for the independent variable's coefficient, positive or negative? Why?Data Description5) In one paragraph, describe the data and identify the data sources.From which general sources and from which specific tables are the data taken? (Citing a website is not acceptable.)Which year or years were the data collected?Are there any data limitations?Presentation and Interpretation of Results6) Write the regression (prediction) equation:Dep_Var = Intercept + c1 * Ind_Var_1 + c2 * Ind_Var_2 + c3* Ind_Var_37) Identify and interpret the adjusted R2 (one paragraph):Define “adjusted R2.”What does the value of the adjusted R2 reveal about the model?If the adjusted R2 is low, how has the choice of independent variables created this result?8) Identify and interpret the F test (one paragraph):Using the p-value approach, is the null hypothesis for the F test rejected or not rejected? Why or why not?Interpret the implications of these findings for the model.9) Identify and interpret the t tests for each of the coefficients (one separate paragraph for each variable, in numerical order):Are the signs of the coefficients as expected? If not, why not?For each of the coefficients, interpret the numerical value.Using the p-value approach, is the null hypothesis for the t test rejected or not rejected for each coefficient? Why or why not?Interpret the implications of these findings for the variable.Identify the variable with the greatest significance.10) Analyze multicollinearity of the independent variables (one paragraph):Generate the correlation matrix.Define multicollinearity.Are any of the independent variables highly correlated with each other? If so, identify the variables and explain why they are correlated.State the implications of multicollinearity (if found) for the model.11) Other (not required):If any additional techniques for improving results are employed, discuss these at the end of the paper.Works Cited Page12) Use the proper format to list the works cited under two headings:Research: two sourcesData: a separate citation for each of the variables used in the paper.Refer to Term Research Paper Resource
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