Question: Question:construct a Value Net model and based on the model, recommend whether Papas Pizza should remain an independent chain of restaurants without any partnerships with
Question:construct a Value Net model and based on the model, recommend whether Papas Pizza should remain an independent chain of restaurants without any partnerships with other companies or seek strategic partnership with one or more complementors? Task text:PAPAs PIZZA Papas Pizza is a nationwide chain of pizza restaurants. It started some 30 years ago as two family-owned restaurants in Trondheim but has gradually expanded to around 100 restaurants. The chain is now set up based on a franchise model where 95% of the restaurants are locally owned and operated by individuals or small companies. While there have been cases of restaurants closing now and then, most of the restaurants have been consistently profitable and the chain owner, the company Papas Pizza, has seen annual growth and a healthy bottom line since it was founded. Lately, some changes in the industry have brought some darker clouds onto the horizon: One of the main competitors in Norway is rebranding many of its restaurants to Dominos Pizza, an American chain that recently became the worlds largest pizza chain in terms of sales. Some of the more popular franchisees of Papas Pizza are rumored to be considering changing to Dominos when their contracts are coming up for renewal. Besides several pizza chains offering American-style pizzas, there has been a strong growth in independent and chain restaurants focusing instead on Italian-style pizza, often combined with other types of Mediterranean cuisine. Another big national competitor has for a few years sold fresh pizza dough and pizza sauces through grocery stores and has now expanded its retail selection by a number of frozen pizza types, which have become popular. The management of Papas Pizza has realized that the company needs to reassess its position in the market and which strategy to pursue ahead. As Chief of Operations, you have been chosen as one member of a strategic task force to conduct some important analyses and give advice to the senior management team and the board of directors about the way forward.
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