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Essay / Research Paper Abstract
This 5 page paper considers this company and why the company underwent restructuring, when it occurred, why it was needed and the fincial results in the years flowing the restructuring. The bibliography cites 10 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEkrispk.rtf
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Unformatted sample text from the term paper:
as it could. This may be a restructuring borne out of necessity, change and survive, or dies, or to take advantage of core competences and retrench or extend an existing
or potential advantage. Whatever the reason the desired results are the same, better operating efficiently and improve profits. In looking at Krispy Kreme Doughnuts there is little debate that
the product they sold was a superior and delicious product, however, with the restructuring we see that the company was not performing as well as desired. The revenues had been
increasing, yet the performance in terms of profit had not. 1. If we look at restructuring it does not appear that this is a recurrent feature. We see a
restructuring occurring in 1999, this is apparent from viewing the figures, even without additional knowledge that a large event occurring in that year. However, there has been a further restructuring
since that date. This was not an organisational restructuring, but a fincial restructuring. This was aimed at restructuring some aspects of the financing to make it more efficient (Milling &
Baking News, 2002). This is a current project which we may argue has been facilitated by the organisational restructure. 2. In this restructuring there will often be management changes, this
facilities the ability to make a break with the past. However, a break such as this may also be risky, as it may destroy loyalties and disillusion employees, In the
case of Krispy Kreme it appears that the restructuring was not one that would shift blame, and as predated the public offering of the stock, and as such there were
change, but on the whole the management appears to have remained intact (Neff, 1999). 3. When we look at the justification for restructuring we can look at the performance. The
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