Dominos Inc Essay

4590 words - 19 pages

Each organized business is classified into an industry (United States Census Bureau, 2012). NAICS stands for North American Industrial Classification System. These specific codes are used by the government and businesses to classify different organizations by a certain type of economic activity (Thompson, Peteraf, Gamble, & Strickland, 2012. The NAICS code for Domino’s Pizza is 722513 (United States Census Bureau, 2012). This code is for Limited-Service Restaurants (United States Census Bureau, 2012). The definition of the code is stated as, “This U.S. industry comprises establishments primarily engaged in providing food services (except snack and nonalcoholic beverage bars) where patrons ...view middle of the document...

We strive to be number one in pizza and number one in people. At Domino’s we take pride in customer satisfaction and provide returns for all investors through high revenues and income from operations (Domino's Corporate, 2013).
According to their website, Domino’s Pizza Vision statement is the following: Number 1 in Pizza, Number 1 in People (Domino's Corporate, 2013). The vision statement is geared towards a more long-term view than the mission statement. Also stated on the company’s website were several important values relating to their mission and vision statement. Their values include, Treat people as you’d like to be treated, produce best for less, measure, manage and share what’s important, think big and grow, set the bar high, train, never stop learning, promote from within, and we are not ordinary, we are exceptional (Domino's Corporate, 2013).

Enterprise Strategy
There is no Enterprise Strategy for Domino’s Pizza Corporation.

Corporate Level Strategy
Domino’s Pizza competes head on in the fast food industry, among companies like McDonald’s, KFC, Chick-fil-A, etc. However, more specifically, Domino’s serves in the pizza delivery restaurants. These restaurants include Pizza Hut, Papa Johns, and any other local pizza delivery brick and mortar.
An innate strategic advantage that Domino’s has over its competitors in the fast food restaurant industry are their 10,255 operating stores in the U.S. and international countries. As reported in their 10K report, Domino’s operates at three different segments along the business line. The first segment is domestically owned and franchised stores. This consists of the 4,540 franchised stores and 388 company-owned stores in the United States (“Domino’s Pizza, Inc.” 2012). The second segment that they operate in are their domestic supply-chain stores. “Domino’s supply-chain segment operates dough manufacturing and supply-chain centers, one thin-crust, one supply, and one vegetable center” (“Domino’s Pizza Inc.”, 2012). The third, and final segment that the company uses are their International operating stores, which conclude at a tally of “5, 327 stores outside of the contiguous United States.”(“Domino’s Pizza Inc.” 2012).
The overall attitude towards growth for Domino’s Pizza is to grow and become the largest, fastest, and overall best pizza delivery company in the world. To do this, they operate themselves by implementing and executing an array of growth strategies.
The first strategy that Domino’s executes on is concentration strategy. This strategy consists of a basic principle in which a business or company does one thing and does this one task very well. There are three sub-strategies underneath the concentration strategy and the first one is known as product development. The product development strategy means that a company sells a “new product” in the same market. Domino’s is using the product development strategy by selling new types of pizza, the thin crust and deep dish,...

Other Papers Like Dominos Inc

Essay On The Correlations Between WWI & WWII As Well As An In Depth View Of How The Holocaust Occured

2754 words - 12 pages realized his first chance to take control. Munich at this point in 1924 is a hotbed of right wing activity, Hitler's belief is that he will march right in, take control of the city, and the rest will fall like dominos. Ground zero of his attack was the Beer Hall at the center of town and begins a dramatic call to arms. Unfortunately for him he's too late, the beer hall is relatively unpopulated, its populace tired and probably drunk. Although he does

CanGo Analysis Report

2304 words - 10 pages up with, such as cards and dominos, and design the game to cater to their needs. However, the company needs to consider its profit compared to the debt owed before they make any further financial decisions to make sure the company will not go broke in the near future. Conclusion: INSERT TEXT HERE References CanGo Intranet. (2002). Financial information. Retrieved June 9, 2011 from HYPERLINK "

Managerial Accounting

2578 words - 11 pages Valuation B. Three Aspects (Basic costs) of Managerial Accounting: 1. Decision Making (Differential Costs) Interface with decision models from operations research, economics and finance, competitive analysis of costs and prices, cost of capital calculations and investment decisions. Example : Dominos Pizza almost bankrupt 6' pizza making losses 2. Product Costing (Full Costs) Associating a $ value for the resources

Market Research on Oreo

4786 words - 20 pages Nabisco. Founders Adolphus Green and William Moore, orchestrated the merger and the company quickly rose to first place in the manufacturing and marketing of cookies and crackers in America. To expand their global presence and to strengthen their position in the fast-growing consumer snacks sector, Philip Morris Co. Inc. acquired Nabisco Holdings in December 2000. Philip Morris purchased Nabisco for $14.9 billion in cash plus assumed $4 million in debt

Freedom And Responsibility

2141 words - 9 pages Built within the Constitution of the United States are specifically defined freedoms that are guaranteed to all citizens. Conversely, with every constitutional freedom there comes a corresponding responsibility. On September 25, 1789, the state legislature’s twelve proposed amendments were transmitted by congress, the first two dealing with congressional representation and congressional pay. The following numbers three through twelve were

Hate Crime Laws

2348 words - 10 pages On June 7, 1998, 49-year-old James Byrd Jr. of Texas accepted a ride from three white men, who then beat him severely, urinated on him, chained him by his ankles to the back of their pick-up truck, dragged him for three miles into the countryside, and dumped his corpse in front of an African-American cemetery (Graczyk). A little over a year later, a jury sentenced ring leader John King to death by lethal injection (“Man Executed for Dragging

Rational Emotional Behavior Therapy Case Study Conceptualization And Treatment Plan

2140 words - 9 pages Rational Emotional Behavior Therapy Case Study of Sarah: A Conceptualization and Treatment Plan Rational emotive behavior therapy, REBT, was developed by Albert Ellis and holds the central belief that the events in our lives do not cause our disturbances but that they are instead caused by our view of the events (Murdock, 2009). Murdock (2009) states that “people are seen as responsible for their behavior” (p. 279) but, because they are

Holidays In Albania

1636 words - 7 pages Have you ever thought about having exciting and incredibly cheap vacations? Albania might be the right choice. According to My Travel Guide, Albania is ranked the fourth among ten places worth visiting in Eastern Europe (“Top 10 Eastern European Destinations”). One can encounter three kinds of vacations in this Mediterranean country: winter, summer, and cultural. The ideal places to spend your winter vacations are the Albanian Alps. They are

A Heart Of Darkness

1748 words - 7 pages In this short story, there are frequent significant subject and ideas that make the story, "A Heart of Darkness," by Joseph Conrad, and haunting novel. The main theme is absolute white power over the natives. The theme validates the corruption, and the dependence caused by the white people as they took over the Congo. White men were giving all the power; they had no self-control, and in the end they did not use wisely. The white men became

The Aspects Of Vulnerability Among The Exploited In Medical Research

2287 words - 10 pages Essentially, everyone is in some state of vulnerability. However, some of us are more susceptible to harm due to our vulnerabilities. The susceptible are the individuals with the greatest risk. These individuals risk the loss of their autonomy, and maybe even their lives. Vulnerable populations can be found in every subset of society. However, as previously mentioned, there are some vulnerable populations that are at an even greater risk than

The Hitchhiker’S Guide To The Galaxy

1171 words - 5 pages The Hitchhiker’s Guide to the Galaxy As the human race makes life-changing discoveries, it is made apparent that there is always more to learn as the universe, instead of becoming familiar, is becoming absurd. The Hitchhiker’s Guide to the Galaxy, written by Douglas Adams, as well as the 2005 film adaption, portrays absurdity to be an all-encompassing system in the universe. Through the introduction and attempt to understand lack of reason, the

Related Essays

Marketing Assignment

2703 words - 11 pages not have time to prepare food by themselves. (Jamal Sultan Ali, 2011) TARGET MARKET & POSITIONONG STRATEGY OF DOMINOS PIZZA International fast food chains like KFC, Pizza Hut, Burger King, Hardee’s, etc has shown interest in this sector and started opening their fast food outlets in many regions in Oman and one among them is Domino’s Pizza, who came on board to show their products in market along with others three years ago

A Review Of Mission Statement For Fast Food Industry

3278 words - 14 pages , 2009). It has three divisions: corporate, franchise and corporate development (Dow Jones Company report, 2009). Domino’s Pizza Enterprises Ltd operated in Australia, New Zealand, France, Belgium, the Netherlands and the Principality of Monaco. The brand is owned by Domino’s Pizza. Inc, a listed US company. (Domino’s 2009) Mission Statement: Dominos Sell more pizza, have more fun (Domino’s, 2010). Vision Stamens: * Number one in

Domino's Marketing Plan Essay

4836 words - 20 pages is owned by Yum! Brands Inc., along with Kentucky Fried Chicken and Taco Bell, and by embracing multi-branding, stores are able to contain multiple concepts, thus allowing more location options, sales boosts, and allowing penetration of cost prohibited markets (Enz, 2005). Even though Pizza Hut has strong customer loyalty when it comes to their higher prices, the cost-conscious consumer will be apt to find a similar product for a cheaper price

Tesla Stock Analysis

1424 words - 6 pages MEMORANDUM Company Background Tesla Motors, Inc. was founded in 2003 by South African entrepreneur Elon Musk, and is based in Palo Alto, California. The company designs, manufactures, and sells electric cars, and is known for introducing the first fully electric sports car, the Tesla Roadster, in 2008. It was priced at $109,000 and could travel more than 200 miles per charge, twice as far as its competition. Tesla stopped producing the