Standardization Business Plans Samples For Students

Introduction

Strategic management is increasingly becoming an efficient ongoing process in developing and revising a future-oriented strategy that allows firms to attain their goals and considers their potential challenges and the environments to which they operate (Fred, 2003). This approach is particularly crucial in the aircraft companies where the demand for new aircraft and aerostructure components is booming in the global market. Thus, aircraft companies need to undertake a strategy formulation as an integral aspect of their strategic process in management. In our research, we focus on Spirit Aerosytems Inc, one of the leading aerospace manufacturer and designer of aircraft ...

Business

Introduction
The current business plan has been prepared for the Barley Vine Rail Co. (BVR) based in Orangeville. The business plan shall analyze the financial statements of the company for the first year and also recommend changes for cost reduction in the second year of its operations.

Background Research

The Barley Vine Rail Co. (BVR) is a casual, Canadian Bistro located in the heart of downtown Orangeville. The seating capacity of the restauarant is 80 for dining room, 30 for bar and 100 for private dining space in the basement of the restaurant. The restaurant has a strategic location on the Broadway ...

Part A

Question 1
McDonald’s is the largest chain of fast food restaurants. Most McDonald’s restaurants operate as affiliates, franchisees or as the corporation’s own property. Although the most traditional McDonald’s food includes hamburgers, french fries and soft drinks, the recent customer demands dictate the need to expand the menu into healthier food, such as salads, fruits and wraps. The company is famous for diversifying their menu based on the local needs in response to cultural peculiarities and the typical regional cuisine. Despite the menu dissimilarity, McDonald’s emphasizes standardization and constantly controls the ...