Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
Chapter 8, Problem 1VC
Summary Introduction
Case summary:
F is in a business of quick service dinning. 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. MC the founder of the company wants to make healthy living easier. With this objective in mind, MC opened the restaurant. Now, MC allows franchise only to those individuals who have the same passion. F uses flat organizational structure. Flat structure removes many layer of management.
There is no necessary formal structure. The member of team also works on standing desk. Franchise of F also uses same flat structure and have same environment. Today, franchise of F is spreading faster. In this fast moving world, F has maintained its core value.
Characters in the case: F Company and Person MC.
Adequate information:
F Company was founded in 2005. It is now in 300 locations worldwide. F Company receives 4,000 franchise applications yearly.
To determine: Esprit de corps and the way in which it is developed in F Company.
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Imagine that the start-up company that you proposed to create for your assignment is very successful in twenty years and a large component of it becomes virtual. Outline the focus of your start-up company, its products and services, and its customers. Describe three factors that could make a significant part of the start-up company operations to become virtual. Describe two ways you would manage the virtual component of your business.
Chapter 8 Solutions
Understanding Business
Ch. 8.1 - Prob. 8.1AQCh. 8.1 - Prob. 1MEDCh. 8.2 - Prob. 8.2AQCh. 8.2 - Prob. 8.2BQCh. 8.2 - Prob. 1TPCh. 8.2 - Prob. 2TPCh. 8.2 - Prob. 3TPCh. 8.3 - Prob. 8.3AQCh. 8.3 - Prob. 8.3BQCh. 8.3 - Prob. 4TP
Ch. 8.3 - Prob. 5TPCh. 8.3 - Prob. 6TPCh. 8.3 - Prob. 7TPCh. 8.4 - Prob. 8.4AQCh. 8.4 - Prob. 8TPCh. 8.4 - Prob. 9TPCh. 8.4 - Prob. 10TPCh. 8.5 - Prob. 8.5AQCh. 8.6 - Prob. 8.6AQCh. 8.6 - Prob. 11TPCh. 8.6 - Prob. 12TPCh. 8.6 - Prob. 13TPCh. 8 - Prob. 1CECh. 8 - Prob. 2CECh. 8 - Prob. 1CTCh. 8 - Prob. 2CTCh. 8 - Prob. 3CTCh. 8 - Prob. 4CTCh. 8 - Prob. 5CTCh. 8 - Prob. 2DCSCh. 8 - Prob. 3DCSCh. 8 - Prob. 4DCSCh. 8 - Prob. 5DCSCh. 8 - Prob. 1PPTCh. 8 - Prob. 2PPTCh. 8 - Prob. 3PPTCh. 8 - Prob. 4PPTCh. 8 - Prob. 1VCCh. 8 - Prob. 2VCCh. 8 - Prob. 3VC
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