App7wrighty

908 views
870 views

Published on

Published in: Education, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
908
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
20
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • http://www.subway.com/subwayroot/about_us/history.aspx
  • Click on the top speaker first and the continued narration is on the bottom speaker
  • App7wrighty

    1. 1. Organizational Profile
    2. 2. The History of Subway <ul><li>In 1965, Fred Deluca opened up a submarine shop in order to fund his dream of becoming a medical doctor. </li></ul><ul><li>With the assistance of his friend, Dr. Peter Buck he received a $1,000 loan and an offer to become Fred’s partner. This partnership would change the landscape of the fast food industry. </li></ul><ul><li>The first store was opened in Bridgeport, Connecticut in August, 1965. </li></ul><ul><li>By 1974, Fred Deluca and Dr, Peter Buck owned and operated 16 Submarine sandwich shops throughout Connecticut. </li></ul><ul><li>In 1974, they realized their goal to open 32 stores was not within their reach. In order to achieve their goals, they began franchising and launched the SUBWAY® brand. </li></ul><ul><li>Today, the SUBWAY® brand is the world’s largest submarine sandwich chain with more than 34,000 locations around the world. </li></ul>
    3. 3. Subway’s Organizational Structure
    4. 4. Culture of the Organization SUBWAY = FAMILY
    5. 5. Subway Changes Its Prices
    6. 6. Price Change Affects Franchisees’ Bottom Line
    7. 7. Overall Effectiveness of the Change Process
    8. 8. Making Change Work $5.00 Foot long Franchisees’ Profits
    9. 9. Conclusion

    ×