Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Chipotle Mexican Grill, the American Mexican food chain restaurant, opened its first restaurant in the United States in 1993. In 2010, Chipotle opened its first restaurant in the United Kingdom in London on Charing Cross. By late May 2013, the company had 6 restaurants in London, but they have not been doing well even though the British have taken a liking to Mexican food (Boyle, 2013). Why has this successful U.S. chain not seen the same success overseas?

If you were Chipotle's CEO, how would you fix this situation? What is an alternative means of venturing outside of its domestic markets that may allow for a competitive advantage?

Then, pick a company that has not yet expanded overseas, or if it has expanded, suggest a different strategy for entrance into an overseas market that you feel would be more strategic for the company. Research its rivals in the global marketplace and market conditions in the overseas market you are targeting. Justify your recommended entry strategy based on these industry and market conditions.

Select an organization that is not the subject of your final project and one that another student has not yet researched for this forum. Post the name of the organization you are using in the subject line of your initial post.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92058182
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Many manufacturing problems involve the accurate matching

Many manufacturing problems involve the accurate matching of machine parts, such as shafts, that fit into a valve hole. A particular design requires a shaft with a diameter of  22.000  mm, but shafts with diameters betwe ...

The distribution of actual weights of 8-oz chocolate bars

The distribution of actual weights of 8-oz chocolate bars produced by a certain machine is normal with mean 7.7 ounces and standard deviation 0.2 ounces. a) What is the probability that the average weight of a random sam ...

Recent test scores on the law school admission test lsat

Recent test scores on the Law School Admission Test (LSAT) are normally distributed with a mean of 162.4 and a standard deviation of 15.9. What is the probability that the mean of 12 randomly selected scores is less than ...

A coin is biased so that the probability of obtaining heads

A coin is biased so that the probability of obtaining heads is ¾, What is the probability of obtaining at least three heads in four tosses of the coin?

A potato chip bag filling line is supposed to fill bags

A potato chip bag filling line is supposed to fill bags with 10 ounces of potato chips(by weight). The line exhibits a historical process standard deviation of .8 ounces. If chips bags are filled in lots of 20, make a 95 ...

Translate the statement into a confidence interval for p

Translate the statement into a confidence interval for p. Approximate the level of confidence. In a survey of 1000 U.S. adults, 19% are concerned that their taxes will be audited by the Internal Revenue Service. The surv ...

Assume in a particular year aprojecthas the following

Assume in a particular year aprojecthas the following financials: NOI o $700,000; Annual Bedt Service o $430,000 (of which $400k is intrest and 30k is priciple); original loan debt of 6.2M: 39 yr depreciable life: $8M no ...

Armstrong faber produces a standard number-two pencil

Armstrong Faber produces a standard number-two pencil called Ultra-Lite. The demand for Ultra-Lite has been fairly stable over the past ten years. On average, Armstrong Faber has sold 457,000 pencils each year. Furthermo ...

The usable lifetime of a particular electronic component is

The usable lifetime of a particular electronic component is known to follow an exponential distribution with a mean of 6.2 years. Let X = the usable lifetime of a randomly selected component. (a) The proportion of these ...

Discuss two types of costs amp two types of

Discuss two types of costs & two types of benefits(excluding tax shield and EPS) that would potentially arise from the leveraged recapitalization( a firm proposed a leveraged recapitalization which could create immediate ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As