Performance Mea surement Systems in Quick Service Restaurant Chains
Journal Title: Journal of Economics, Finance and Management Studies - Year 2020, Vol 3, Issue 01
Abstract
Measuring performance becomes a key issue in both academia and business, as organizations are challenged to obtain efficient and effective outcomes. This research explores the effectiveness of current PMSs in QSR chains. This research also identifies best practices and proposes a set of recommendations for QSR chains enabling them to enhance their management practices towards the proper use of PMSs to achieve their strategic plan and accomplish their objectives. To achieve this aim a self-administrated questionnaire was directed to a random sample of restaurant managers in the investigated QSR chains. A number of 200 forms was distributed, among them 124 forms (62%) were completed and valid for analysis. The major findings showed that the BSC and the KPIs systems are widely used by QSR chains and those were classified as systems that can be easily adapted to service organizations. Moreover, the results showed that the major barrier for implementing the PMS in QSR chains is the lack of employee and management support.
Authors and Affiliations
Dr. Muhammad abd elmonem ebrahem abdelsalam, Remon Samir Fouad
Tax Problems in the Hypothesis of Inventories not Found in The Company
Inventories are one of the most important financial reporting items in the determination of income subject to income tax. In this article we analyse the various cases in which the inventories present in the company do no...
A Bibliometric Analysis of the Financial Fraud Detection Literature from 2004 To 2024
This paper examines the literature on financial fraud detection, using a bibliometric analysis of 386 documents published between 2004 and 2024, utilizing the Bibliometrix R package. The documents were sourced from 218 o...
Comparative Analysis of Economic Forces and Stock Market Movements: The U.S. and Indonesia
The economies of many developed and developing countries are experiencing instability, characterized by a decline in economic performance. In a macroeconomic context, global instability affects several key indicators suc...
Mediating Role of Customer Satisfaction in the Impact of Service Quality and Pricing on Customer Loyalty (Study at Uptd Kesehatan Pengobatan Tradisional Bali)
Customer loyalty is a behavioral urge to make repeat purchases and is carried out to build customer loyalty to a product or service produced or produced by the company. This research was conducted at the UPTD Kesehatan M...
The Relationship of Business Strategy and MSMEs Performance: Innovation and Accounting Information System as Mediating Variables
Micro, Small, and Medium Enterprises (MSMEs) play a significant role in the national economic growth. This has made the performance of MSMEs a concern for many parties, including the government, which necessitates effort...