Business Profile of Organization Hungry House
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Added on 2020-02-03
Business Profile of Organization Hungry House
Added on 2020-02-03
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Small Business Enterprise
TABLE OF CONTENTSIntroduction......................................................................................................................................3TASK 1 ...........................................................................................................................................31.1 Business profile of organization ...........................................................................................31.2 Comparative measures of performance.................................................................................5TASK 2 ...........................................................................................................................................62.1 Recommend with justification, appropriate actions to overcome the weaknesses................62.2 Ways to maintain exiting performance..................................................................................72.3 New area of business ............................................................................................................8TASK 3............................................................................................................................................93.1 Assessment of exiting business objectives and plan.............................................................93.2 Revised business plan to incorporate appropriate changes to overcome weaknesses...........93.3 Action plan to implement the changes.................................................................................10TASK 4 .........................................................................................................................................114.1 Impact of proposed changes on business ............................................................................114.2 changes of management.......................................................................................................124.3 Monitor improvements in last two year. .............................................................................13CONCLUSION .............................................................................................................................13REFERENCES..............................................................................................................................15
INTRODUCTIONSmall business enterprise is play significant role in country economy. They also makeequal contribution in country's economy. The present report is based on Hungry House which isUK based online food industry (Abbas and Mohammed, 2017). The firm has tied up with morethan 33000 restaurants across the 16 countries. The presents report cover all area of businessoperation and services. The report covers all important aspects of business and analyses existingperformance. In addition, it reviews business plan and implemented changes. At last, it gives allrequires financial performance of company. TASK 1 1.1 Business profile of organization Hungry house is UK based online food order company which is offering its servicesthrough its online platform. It allows its customers to search different types of restaurant andalso have partnerships with more than 10000 restaurants (Alshamaila, Papagiannidis and Li,2013). Its mobile application is available on I phone and Android apps. Name of business Hungary houseOwner structurePrivate company Context The company was founded in year 2003 and in2006 its launched its online platform. The mainactivities which are performed by the companyis taking online food order. In 2012 After,taken over by Delivery hero the company isable to conducts its operation more than 12countries. It has also made partnership withmore than 10000 restaurants in UK. CompetitionThe main competition of company is Just eatwhich is offering the similar nature if servicesto its customers (Brunswicker andVanhaverbeke, 2015). , Deliveroo,
GrubHub,takeawayStrengths and weaknessesThe main strength of company is that is haspartnerships with more than ten thousandrestaurants. Firm has been brought by Germancompany Delivery Hero (Chitura and et.al.,2015). After merging with, the Germancompany, firm has expanded its businessnetwork is reached to more than 33000restaurants in more than 12 countries. It alsouses of technology in which it uses mobileapplication for taking online food order.itoffers best quality products at competitiveprices. Adding new products all the time.Weakness of company is that it has facingstring competition form just eat and othercompany. Weakness of the firm is that itoffering its services its websites and mobileapplication, in which many users facingdifficulties. Entity's mobile application oflacking for may basic facilities. Along with thisthey are offering limited food items. Smart objectives Following are the smart objectivs of Hungry house.Smart objectives Specific : The company is planning to increase itssales by 3% in next three months. This is specificobjective which can be achieved by organization.Measurable : The sales of company is increased innext 3 moths so the firm so the objective is
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