AGENCY PROBLEM OF KFC SUBMITTED TO: BINDU KHANAL (FACULTY‚ APEX MBA) SUBMITTED BY: ASHMITA LAMICHHANE NAMRATA MAINALI SMRITI GAUTAM (PARYA) Introduction to agency problem Agency Problem is an economic‚ political‚ legal and corporate governance concept that aims to explain the difficulties in motivating one party (the agent) to act in the best interests of another party (the principal) instead of in his own interest. A conflict of interest inherent in any relationship
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smoothies‚ and frui KFC (Kentucky Fried Chicken) is a fast food restaurant chain which specializes in fried chicken and is headquartered in Louisville‚ Kentucky‚ United States (US). It is the world’s second largest restaurant chain overall (as measured by sales) after McDonald’s‚ with over 18‚000 outlets in 120 countries and territories as of December 2012. The company is a subsidiary of Yum! Brands‚ a restaurant company that also owns the Pizza Hut and Taco Bell restaurant chains. KFC was founded by
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KFC 1.0 Introduction (Figure 1‚ Logo of KFC Source: google.com) Kentucky Fries Chicken‚ better known as KFC‚ is one of the leading fast food Franchise concepts of today; present in a variety of countries around the world. KFC was founded in 1930 by Colonel Harland Sanders‚ at his hometown Kentucky‚ but only in 1952 it has grown and become a true multi-domestic company. KFC has more than 15‚000 outlets in 105 countries and territories around the world. The main aim of KFC is to increase
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AND EVALUATE MARKETING OPPORTUNITIES Kentucky Fried Chicken (KFC) DIPLOMA OF BUSINESS Candidate ’s Name : | M. Turab Hussain | Assessor ’s Name : | | Student ID : | | | | | | Submission Date: | | Table of Content History KFC (formerly known as Kentucky Fried Chicken) is a trademark franchise of Yum! Brands‚ Inc.‚ headquartered in Louisville‚ Kentucky‚ United States .Founded by Col. Harland Sanders‚ KFC is known mainly for his fried chicken‚ which is usually served
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During the next nine years he developed his secret recipe of 11 herbs and spices and the basic cooking technique which is still used today. Sander’s fame grew. In 1939‚ his establishment was first listed in Duncan Hines’ “Adventures in Good Eating”. KFC Holdings (Malaysia) Bhd ("KFCH") commands a dominant position in Malaysia’s dynamically expanding retail food industry. Since the first Kentucky Fried Chicken outlet opened its doors to a receptive Malaysian public in 1973‚ the Group has developed its
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adaptations made by KFC in Asian markets Contents Introduction This is the age of internalisation where people can easily share various different kinds of food. This is just because of the global business of food and beverage companies. The fast food industry is the leading driver of global growth and is now reaching new customers through its improved menus followed by the dining experience upgrades along with the rapid worldwide expansion (Aakar‚ 2009). KFC is one of the leading
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The first event occurred in December‚ 2003‚ KFC began to market its new product "Chicken Warp of GuLao Meat" (an innovation of a Cantonese traditional dish). The commercial in which they marketed this new product showed a traditional Chinese Cantonese restaurant empty and the local KFC filled with people looking for the new wrap. In the end of the commercial even the Cantonese chef could not resist the new wrap‚ takes a bite and the restaurant tablet falls from the wall. Chinese consumers revolted
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INTRODUCTION Kentucky Fried Chicken (KFC)‚ the second largest fast food restaurant chain specialising in fried chicken with over 18000 outlets in 120 countries and approximately 800 restaurants in the UK (kfc.co.uk‚2011)‚ will be targeted in this report. Among those 800 restaurants‚ KFC restaurant located in Shield Retail Centre‚ Filton‚ Bristol (Filton KFC) has been chosen to be further interpreted. The first part of the report will examine the performance of KFC Filton in terms of five performance
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Case Study: Kentucky Fried Chicken Kentucky Fried Chicken (KFC) is a franchising fast food brand that was founded by Harland Sanders in 1956 and bases its core business in a secret seasoning mix of eleven herbs and spices recipe to fry chicken. The KFC through the last decades became one of the most famous fast food brands in the world with subsidiaries and franchising in different region of the world. One of the purposes of KFC is to stabilize and strengthen its presence in the North Asia
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International Management & Negotiations Yum! Brands in China – A Success Story Table of Contents 1 Yum! Brands 1 2 Expansion in China 1 3 Yum! Brands vs McDonalds in China 2 4 Main Brands 3 4.1 KFC 3 4.2 Pizza Hut 4 4.3 Taco Bell 6 4.4 Local Brands 7 5 Success Factors 10 5.1 Management 10 5.2 Globalization vs Localisation 10 5.3 Life Style and Leisure Restaurants 11 5.4 Employment 11 5.5 Partnerships 11 5.6 Distribution Network 12 5.7 Expansion
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