IntroductionPapa John's International, Inc., headquartered in Louisville, Kentucky, is the world's largest pizza chain and is considered premier in the pizza industry. pizza. Papa John's Domestic Pizzas are made exclusively with a proprietary blend of wheat flour, 100% real mozzarella cheese, freshly packaged pizza sauce made from vine-ripened tomatoes (not concentrate) and 'an exclusive blend of flavorful spices, as well as a choice of high-quality meat (100% beef, pork and chicken without additives) and vegetable toppings. However, international ingredients vary according to customs and tastes. (http://ir.papajohns.com/)The company operates approximately 3,400 domestic and international pizzerias. Their business has five segments: national restaurants, national commissaries, national franchises, international operations and variable interest entities. (Barney & Hesterly, 2010) They own corporate restaurants in mature, developed markets, but have recently experienced a measurable decline in their national franchise sales because these franchisees are not strategically located in the most concentrated markets like their company restaurants. To further grow Papa John's franchisees, they work on various economic systems to provide royalty and local marketing relief to struggling franchisees, providing financing to help existing and/or new businesses, and raising awareness among lenders and franchisees. banking institutions to Papa John's business models. and its goals.Papa John's has currently begun repurchasing approximately 1 million shares of common stock at an average price of $22.52 per share, the company's board of directors recently extended a repurchase plan until completion of 2010. Papa John's...... middle of paper ...... end-user customers, in order to capture additional market presence. Dominos has recently changed their pizza ingredients and pricing structure, they could become a major threat to Papa John's customer base as they have always prided themselves on using high quality ingredients. Dominos is now trying to capture part of Papa John's domestic market. Retrieved 02/11/10) Thursday February 11, 2010, 2:43 PM EST | Modified: Thursday, February 11, 2010, 3:04 p.m., Papa John's prepares a heart-shaped pizza promotion http://louisville.bizjournals.com/louisville/stories/2010/02/08/daily41.html?ana=yfcpc (Retrieved on 02/11/10)http://money.cnn.com/2009/09/22/news/companies/papa_johns_pizza_schnatter.fortune/index.htm (retrieved 2/12/10)