Description
Read Case #9 Panera Bread
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Answer the following questions:
- What are the key success factors for a restaurant chain that operates in the fast-casual segment of the restaurant industry?
- What does a SWOT analysis reveal about the attractiveness of Panera Bread's situation and future prospects?
- What are the primary components of Panera Bread's value chain?
- What are the chief elements of Panera Bread's strategy?
- Which one of the five generic competitive strategies discussed in Chapter 5 most closely approximates the competitive approach that Panera Bread's is employing?
- What does the data in case Exhibit 1 reveal about Panera Bread's financial performance?
- What does the data in case Exhibit 2 reveal about Panera Bread's operating performance?
- What does the data in case Exhibit 7 reveal about Panera Bread's 3 business segments?
Writing Requirements
- APA format, 3–4 pages in length (excluding cover page, abstract, and reference list)
- Research and cite and reference at least 3 peer reviewed journal articles per topic
- Use the databases APA template located in the Student Resource Center to complete the assignment.
Explanation & Answer
Attached.
Panera Bread's - Outline
A. The key success factors for a restaurant chain that operates in the fast-casual segment of
the restaurant industry.
i.
Low cost of production
ii.
Customer service
iii.
Full breadth of product line and selections
iv.
Responding quickly to shifting market conditions
B. SWOT analysis reveal about the attractiveness of Panera Bread's situation and prospects
i.
Weaknesses
ii.
Future and opportunities
C. The primary components of Panera Bread's value chain
D. The main elements of Panera Bread's strategy
E. One of the five generic competitive strategies discussed in Chapter 5 most closely
approximates the competitive approach that Panera Bread's is employing
F. What does the data in case Exhibit 1 reveal about Panera Bread's financial performance?
G. What does the data in case Exhibit 2 reveal about Panera Bread's operating performance?
H. What does the data in case Exhibit 7 reveal about Panera Bread's three business
segments?
Running head: PANERA BREAD
1
Panera Bread
Name
Institution
Date of submission
PANERA BREAD
2
Panera Bread
Answer the following questions:
What are the key success factors for a restaurant chain that operates in the fast-casual
segment of the restaurant industry?
Low cost of production
If the cost of production is low, the customers will get lower prices. Customers do not
pay for a good or service that they do not believe is worth the price. Therefore, they will shop
around for cheaper restaurants with the similar services. Fast f...
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