Unit 6: Products, Branding & PackagingEXAM OF BUSINESS–SKILLS PRACTICEACADEMIC YEAR: 2020-2021 TERM 3 INTERN’S FULL NAME: INTERN’S CODE: MAJOR: ENGLISH LANGUAGE INTERN’S SUPERVISOR: SIT
Trang 1Unit 6: Products, Branding & PackagingEXAM OF BUSINESS–SKILLS PRACTICE
ACADEMIC YEAR: 2020-2021
TERM 3
INTERN’S FULL NAME:
INTERN’S CODE:
MAJOR: ENGLISH LANGUAGE
INTERN’S SUPERVISOR: SITUATION NO.7
EXAM DATE: 30
VENUE: ONLINE
Trang 2& Packaging 1 COMPANY BACKGROUND
2 DISCUSS ANALYSE ACTION PLAN TEXAN CHICKEN
Trang 3COMPANY BACKGROUND
- Texan Chicken was found by Eva and Roman Martnez
- The company has 40 outlets within 5 years, using a franchising
system.
- Texan Chicken went public, the share price rose by 12% within a week
- The companies’ share price has fallen recently by over 80%
TEXAN CHICKEN
Trang 4DISCUSS AND ANALYSE
Persuade Eva and Ramon Martinez to resign Appoint a new
Chief Executive with extensive
no knowledge of
business, management
no professional team
in finance and accounting industry
Need a new CEO and new
HR system
Trang 5DISCUSS AND ANALYSE
REASONS
- Great influence
- Best quality products
- Wide scale
- Customer trust
GAIN
- The prestige
- Inheriting previous achievements
- Shorten the path to profit
A prestigious partner has been recognized the world, you not bother to put
effort and time to buy the trust of customers.
Seek opportunities to merge with a large fast food company
which could offer management expertise and financial resources
Trang 6DISCUSS AND ANALYSE
Improve profits by expanding in Europe through joint ventures A German supermarket chain has already shown interest in such a
venture
Market expansion Minimizing depend on local market
International markets may be less competitive with rapid growth
Needing cooperate with German
Trang 7DISCUSS AND ANALYSE
Have more
company-owned
outlets This would
give greater control
over the
restaurants
Get the most profit possible
Make major changes in the business
Trang 8DISCUSS AND ANALYSE
Offer special
promotion
(e.g huge
discounts on
certain
meals)
Stimulating consumption
Resolving inventory
Improving revenue and
profit
Make major changes in the business
Trang 9DISCUSS AND ANALYSE
Launch a
major
advertisin
g
campaign
Reach many people
Enhance the positive promotional image for the
brand
Brand building
Make major changes in the business
Trang 10Labor cost Premises Employee benefits
Equipment and maintenance
fees
Licences, taxes, insurance,…
Reduce operating costs
Trang 11Action plan
Increase the average value of each order
- Adding product recommendations related to the product and payment pages
- Cross-sell or cross sell additional products
- Create more incentives for customers who order for the first time
- Create product packages or bundled combos
- Running ads and create promotions
Trang 12Action plan
Build loyalty program
Sephora has more than 17 million members, who account for nearly
Trang 13Action plan
Increase labor productivity
Innovating thinking about
machinery and equipment
Applying science and
technology and advanced
production technology
Raising the skill and sense of
responsibility of staff
Trang 14Increase the average value of each order
Build loyalty program
Increase labor productivity
Improving profitability
Trang 15THE END