markets will help to make international expansion possible. Identify a foreign market that you feel this company should enter next‚ and explain why it should enter that market and which of the strategies should be used. Explain the challenges from competition in the local market‚ and how the company might respond strategically to the competition. International Expansion The strategic partnerships which do not only have the knowledge to succeed in an international market but also has the
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INTRODUCTION TO INTERNATIONAL BUSINESS <INTERNATIONAL EXPANSION> STUDENT NAME : HASHINI KUMARAGE STUDENT ID NUMBER : T31200720 SUPERVISOR : Mrs. KANTHI BASNAYAKA Student needs to print this cover sheet and attach on the assignment/project report before submission to the respective tutor Name of Student: Hashini Kumarage Auston / UNI ID: T31200720 Date of Submission: 07/01/2014 Name of Lecturer: Mrs. KANTHI BASNAYAKA Program/ Module: A244BUS INTRODUCTION TO INTERNATIONAL BUSINESS Assignment:
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Jollibee is the largest fast food chain in the Philippines‚ operating a nationwide network of over 750 stores. A dominant market leader in the Philippines‚ Jollibee enjoys the lion’s share of the local market that is more than all the other multinational brands combined. The company has also embarked on an aggressive international expansion plan in the USA‚ Vietnam‚ Hong Kong‚ Saudi Arabia‚ Qatar and Brunei‚ firmly establishing itself as a growing international QSR player. A company that values
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A Report on Jollibee Foods Corporation Prepared By: Syed Tarik ID: 1030510650 Section: 6 Prepared For: Bashir Hussain Senior Lecturer School Of Business North South University Contents: * Executive Summary * Business Landscape * Target Market * Positioning * Marketing mix * Firm Analysis * Solutions and Recommendations * Conclusion Executive Summary This report is an attempt to analyze the case of “Jollibee Foods Corporation (A) International
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Jollibee Phenomenon Jollibee is one of the Philippines’ phenomenal business success stories. Starting in 1975 as a two-branch ice cream parlor‚ it later expanded its menu to include hot sandwiches and other meals. With encouraging success‚ Jollibee Foods Corporation was incorporated in 1978 with seven outlets to fully explore the possibilities of a hamburger concept. Thus was born the company that revolutionized the fast food industry in the Philippines. In 1984‚ Jollibee reached
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Jollibee Foods Corporation: International Expansion 1.1. What sources of competitive advantage was it able to develop against McDonald’s in its home market? Firstly‚ Jollibee was the first mover in the sector of burgers in Philippines‚ shaping customer preferences and expectations‚ instead of McDonald’s or KFC. Secondly‚ Jollibee was young‚ and very small in comparison of McDonald’s whose force worldwide is standardization. The burger company serves millions of exactly identical sandwich
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Jollibee Foods Corporation: Case Background I have always believed that I can make my business a big business. -- Tony Tancaktiong In May 1975‚ Tony Tan and his girlfriend/future wife Grace decided to be the bosses of themselves and went into a franchise agreement with then popular Magnolia Ice Cream. The idea came when the bachelors from University of Santo Tomas found themselves unwilling to work for anybody after graduation. Though both were Chemical Engineering graduates‚ the two had a bulk
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1. Jollibee was able to build the dominant position in fast food in the Philippines because it was based on “Five Fs”: friendliness‚ flavorful food‚ fun atmosphere‚ flexibility in catering‚ and focus‚ which fitted the Filipino customer’s habit. Additionally‚ since it was a local brand‚ it understood the customers well. For example‚ it offered spicy burgers that McDonald couldn’t offer. Furthermore‚ the political and economic crisis that occurred in 1983 led most foreign investors and competitors
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E I I Leonardo R. Garcia‚ Jr. Jollibee De La Salle University The Philippines The Taste that Jochen Wirtz Conquered a Nation NUS Business School National University of Singapore Singapore When someone says "fast-food restaurant"‚ what is the first name that comes to mind? Chances are good that it’s McDonald’s‚ the world’s largest food service organization. McDonald’s holds 20% share of the U.S. fast-food market‚ triple the share of closest competitor
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Whole Foods Market Expands to Munich‚ Germany October 15‚ 2012 Abstract Whole Foods Market‚ a supermarket chain which emphasizes "natural" and organic products‚ centers their core competencies and values on product quality‚ pleasing customers‚ creating a positive environment for employees‚ education on healthy eating‚ prosperity‚ environmental stewardship and positive partnerships with suppliers. Listed as one of the world’s healthiest countries‚ Germany is an ideal location for Whole Foods to
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