JOLLIBEE FOODS CORPORATION: INTERNATIONAL EXPANSION A Case Study CASE BACKGROUND Jollibee Foods Corporation (JFC) is the most successful fast food chain in the Philippines. It started out as an ice cream parlor owned by the Tan family‚ headed by Tony Tan Caktiong (TTC) as President. Brought about by oil crisis which doubled the price of ice cream‚ JFC diversified into hamburgers in the year 1977. Jollibee’s philosophy is epitomized by “Five Fs” – Friendliness‚ Flavorful food‚
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A socially responsible corporation would try its best to satisfy all needs and make opportunity accessible for all levels of the people. The corporation will greatly benefit from the local community. Question 2 Corporate social responsibility (CSR) defines as a business’s concern for society’s welfare and aims at the long-term sustainable growth. The way I see it‚ these two selected items from “Customers and Communities” checklist place more attentions on general public’s well-beings and care
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Triple Bottom Line Analysis Of ITC Ltd. Harmandeep Anand (G005) Jaydeep Ghose (G023) Ashish Chandorkar (G011) Ankur Gupta (G029) Joy Francis (G017) Manish Chowdary (G035) Index Sr. No. Contents Page No. 1 About ITC – from 1910 to now 3 2 Triple Bottom Line Performance (2013 – 14) 5 3 Measurement Indicators 10 4 Measures for Sustainability 13 5 Challenges Faced 15 6 Future Plans 17 7 Critique 19 8 Bibliography
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Corporate social responsibility is considering the impact of the company’s actions on society. There are 4 components of CSR such as economic‚ legal‚ ethical and philanthropic responsibilities. For IKEA‚ they are using more philanthropic responsibilities in their organization which is being a good corporate citizen and providing programs to support community – education‚ human services/health and culture. There are millions of refugee children without a safe place to call home. There are millions
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International Division that Tingzon inherited‚ where and how should Jollibee expand next? Assessment: Jollibee Foods Corporation recognizes that a reconfiguration of its international strategies will assist the company in embarking on a plethora of opportunities outside of its existing markets. New Guinea‚ Hong Kong‚ and the United States offer the chance for the company to grow its brand globally‚ but success is not guaranteed. Jollibee can capitalize on its regional success on a larger scale by undertaking
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Evaluating CSR of Walmart Walmart founded by Sam Walton in 1962 is a multinational retail corporation‚ with the opening of the first Walmart discount store in Rogers‚ Arkansas (US). As the nation’s largest retailer and second largest corporation‚ Walmart has the significant influences on the retail world. It offers to its customers a one-stop shopping experience because it has a full offering of groceries and general merchandise in a single store. Now Walmart consists of over 110‚000 stores and
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Primewater Infrastructure Corporation ABOUT US PRIMEWATER – a “public service” oriented company CUSTOMER SERVICE FRIENDLY 24-hour customer service Primewatch Payments • Over the counter • Electronic channels Application on-line State of the art water treatment technology Providing safe water for the people and the environment. Providing safe water for the people and the environment. Primewater Infrastructure Corporation ABOUT US PRIMEWATER Infrastructure Corp
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Introduction Jollibee is a fast food chain that is based in Manila‚ Philippines. Inspired by Tony’s chef dad back in 1977‚ the home style hamburger quickly became an instant hit among the Filipino’s market. Today‚ Jollibee is a family of a total of 750 stores across worldwide in countries like Vietnam‚ Qatar‚ Saudi Arabia and more. (Jollibee.com.ph‚2013) Now‚ based on the article‚ Jollibee is considering to expanding into three different countries and they are Papua New Guinea‚ Hong Kong‚ and
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The history of Jollibee dates back to 1975‚ when a Filipino entrepreneur Tony Tan Caktiong (Tony) set up a two-outlet ice cream parlor business in the city of Manila. His father used to operate a kitchen in Fujian (China)‚ which was where Tony’s association with the food services business began. Though the ice cream parlor business was doing well‚ Tony wanted to do something bigger in the foods business - in the form of a fast-food outlet chain. His vision was inspired by the global popularity of
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Introduction Jollibee Foods Corporation Company Background Tony Tan Cacktiong founder of Jollibee Foods Corporation tells a story about the success story of his company. There are many other stories about Tan and Jollibee that many people didn’t know about‚ and that would have remained unknown‚ If Tan hadn’t bested successful entrepreneurs from 30 other countries to win the “World entrepreneur of the year” Award in Montecarlo‚ Monaco‚ on May 28‚ 2004. Tan had always been low-key and media-shy
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