critical analysis, Integrative Business Applications
Also, the Critical Analysis for next Friday is about Taco Bell. It is listed under Week 2 as an assignment to read Taco Bell Luring Londoners with Beer.docx
We will discuss this case in depth on Monday. But to recap for the eager, it is a 3 page paper, double spaced. The headings that need to be included are:
1. Background
2. Problem Statement
3. Alternate Solutions (you need to provide three)
4. Recommendation with a strong justification
5. Measures (you need three measures that would prove if you recommendation is successful. Sales, Market Share, Stock Price and Gross Margin do not count as measures)
6. What I Learned- a couple of sentences about what this case taught you
7. Bibliography- three sources including the case, but not Wikipedia. Put this on a separate page.
If your paper is over three pages, you need to write more effectively.
You can follow the direction that I wrote here, and the file is the case that we need to read and analyze. Please follow all the directions. Thank you!
Answer previewProblem Statement
The most significant problem faced by Taco Bell is the fluctuating value of Pound currency, which increases and decreases the cost of ingredients hence irregularly affecting its cost of production. This consequently drives the cost of operations high and also becomes hard to budget.
Alternative Solutions
Any company or organization having a challenge of volatile exchange rates can experience more serious impact on the operating profit margins. This happens or is likely to occur to Taco Bell, but there are some different alternatives to curb this problem. One of the alternatives is to come up with a strategy where it sources the ingredient locally. The second alternative is product differentiation. The third alternative solution is to utilize modern methods of online payments.
Recommendation
For the first alternative, Taco Bell should…
(1000 words)