Franchising - McGraw-Hill Introduction to Business

California Passes Law Regulating Fast Food Industry

September 7, 2022

Last week, California’s legislature passed a bill that will bring sweeping changes to fast food chains operating in the state. After being signed into law by the governor on Monday, the new legislation effectively sets a minimum wage for the industry while also establishing new safety and anti-discrimination requirements. California will create a 10-person council composed of restaurant workers and employer representatives along with two state officials, who will all review pay and safety standards across the state’s restaurant industry. Continue reading →

Motivation, Operations Management, Ethics, Franchising, Food & Drink, Human Resources, Labor Relations, Compensation

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 5: Forms of Business Ownership, Chapter 9: Production and Operations Management, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions

Managers Strive to Hit the 90-Day Mark with New Hires

August 9, 2022

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Seeking out qualified employees and then hiring them is a costly process for even the biggest companies, which is why most managers strive to keep their staff around for as long as possible. Sometimes fresh hires don’t feel the same way, though, and they leave their new jobs as swiftly as they joined. These “quick quits” are especially prevalent in the current job market where employee turnover remains high. As a result, companies are focusing on a key milestone: a Continue reading →

Training, Company Culture, Human Resources, Onboarding, Management, Marketing, Motivation, Franchising, Hiring

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 7: Management & Leadership, Chapter 8: Organizational Culture and Structure, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Chapter 13: Marketing

Companies Continue ‘Corporate Exodus’ out of Russia

March 11, 2022

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Earlier this week, we looked at how some companies faced increasing pressure from consumers to halt their operations in Russia during the ongoing invasion of Ukraine. While chains like McDonald’s eventually listened to the outcry and shut down their Russian locations, other companies could not join the “corporate exodus” as easily. Burger King, for instance, has about 800 locations in Russia that are owned by independent franchisees, meaning the company cannot shut them down directly.

But with the eyes of Continue reading →

Global, Ethics, Branding, Franchising, Russia, Manufacturing, Supply chains, Product Distribution, Ukraine, Marketing, Operations Management

Chapter 1: Taking Risks and Making Profits, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 5: Forms of Business Ownership, Chapter 9: Production and Operations Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution

American Brands that Remain in Russia Face Social Media Backlash

March 8, 2022

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Last week, we looked at how retailers like H&M and Nike as well as major corporations like Apple and ExxonMobil suspended their operations in Russia due to the invasion of Ukraine. And while this list of companies is long and full of prominent names, it does not include major American brands like Coca-Cola, Starbucks, KFC, and many others that continue to operate in Russia. As a result, users on social media have recently piled criticism onto these companies to pressure Continue reading →

FTC Inquires about Broken McFlurry Machines

September 3, 2021

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It’s a scenario that plenty of fast food fans have faced before: they pull up to the drive-thru speaker at McDonald’s and ask for their favorite frozen treat, only to hear the reply, “Sorry, but the machine is broken right now.” Responsible for about 60 percent of the chain’s desserts, the McFlurry machine is a vital asset for Golden Arches franchises across the country, even though their unreliability has become something of a running joke. Along with serving as the Continue reading →

McDonald’s, Operations Management, Regulation, Ethics, Product Distribution, Franchising, Food & Drink, Entrepreneurship, Forms of Business

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Chapter 15: Distribution, Bonus Chapter A: Business Law

How Domino’s Pizza Adapted to the Pandemic

September 8, 2020

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More than 15,000 restaurants have closed permanently since the start of the pandemic, and not all of them are small independent operations. NPC international, a major franchisee of Pizza Hut and Wendy’s locations, recently filed for bankruptcy protection as sales across all stores dropped 37 percent compared to the previous year. But while much of the restaurant industry has struggled, one chain has managed to thrive: Domino’s Pizza sales have increased by 16 percent since March.

By focusing on Continue reading →

Operations Management, Promotions, Franchising, Innovation, Product Distribution, Coronavirus, Marketing, Product Development

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 9: Production and Operations Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 16: Place and Promotion, Bonus Chapter B: Technology and New Media

Chipotle Fined $1.3 Million for Child Labor Violations

February 4, 2020

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The national unemployment rate is currently at 3.5 percent, its lowest point in decades. As a result, retailers and restaurant chains across the country are having a difficult time finding workers to fill low-wage positions. “Understaffing is a massive problem,” said Jonathan Maze, executive editor of Restaurant Business Magazine. “You have companies that are stressed to try to fill hours and keep people on, and it can lead to violations.”

According to a recent ruling from a Massachusetts court, Continue reading →

Chipotle, Ethics, Regulation, Franchising, Legal, Human Resources, Food & Drink, Labor Relations

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 5: Forms of Business Ownership, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter A: Business Law

Subway Will Close 500 Stores and Hire a New CEO

May 4, 2018

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With more than 26,000 locations nationwide and thousands more around the globe, Subway ranks as the world’s largest restaurant chain. Despite its size, though, the sandwich giant has shown some signs of decline recently. Along with three consecutive years of falling sales (including a 4.4 percent drop in 2017), foot traffic in Subway restaurants has plummeted by 25 percent since 2012. In fact, insiders estimate that as many as one-third of the company’s locations are not profitable.

To combat this Continue reading →

Product Distribution, Management, Subway, Marketing, Franchising, Food

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 7: Management & Leadership, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution

7-Eleven Plans to Provide Healthier Food Options

May 2, 2018

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Famous for its sugary Slurpees and Big Gulp soft drinks, 7-Eleven allows people to grab a quick snack and get back on the road without a second thought. Although this business model has served the chain well since the 1940s, recent changes in consumer behavior have executives worried that 7-Eleven could be falling behind its competitors. According to the leading trade association of the convenience industry, the nation’s more than 155,000 convenience stores sold $53.3 billion worth of prepared foods Continue reading →

Product Development, Retail, Marketing, 7-Eleven, Franchising, Food

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 5: Forms of Business Ownership, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution

Mobile Bike Repair Shops Challenge Local Stores

February 2, 2017

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For many cyclists, the worst thing about owning a bike is getting it repaired. In the best case scenario, a person must buy a bulky, expensive rack for their car, load the bike, and then drive it to a local shop. If you don’t own a car, though, that means you’ll either need to grab a ride with a bike rack-owning friend or walk your wheels to the nearest repairman.

Or if you’re lucky enough to live near a Velofix Continue reading →

Online Retail, Franchising, Bicycles, Velofix, Innovation, Transportation, Mobile Entrepreneurs

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Chapter 14: Product and Price, Chapter 15: Distribution