BN Spice N Nice Kitchens Pvt., Ltd.: Runaway Costs Case Solution
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: September 27, 2016
In 2008, an enthusiastic business owner aspired to be successful in India's business catering market in spite of having no previous background. She found out the complexities of business and established procedures and systems that created her business stand apart amongst the competitors. An inflationary rise in food rates exposed the weak points in her company model-namely, the fixed-price agreements and her willpower to self-finance the endeavor. The business owner likewise dealt with brand-new rivals who were able to damage her costs since they might take advantage of option earnings streams to make up for the enhanced food costs. Should she make modifications to her organisation or was it time to leave?
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