Papa John's is the third largest pizza chain in the United States behind Pizza Hut and Domino's.
In a narrative format, discuss Papa John's from a strategic perspective. Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in "real time."
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Papa Johnâ??s is implementing a stability strategy in a market where some of its key competitors are expanding rapidly. The first reason is that the Papa John's wants to keep only those outlets that are profitable. Next, Papa Johnâ??s wants to expand abroad (2). Both these facts have proved important in real time. The net income of Papa Johnâ??s declined from $57.5 million in 2009 to $51.9 million in 2010. However, in 2011 the income has recovered to $55.66 million (1). ...
The response provides you a structured explanation of Papa John's Business Strategy. It also gives you the relevant references.