countries. In December of 2010‚ an article entitled ‘KFC Savors Potential in Africa’ was written by Julie Jargon and published in The Wall Street Journal. This piece delves into the massive undertaking KFC has recently decided upon. KFC is a popular US restaurant chain owned by Yum Brands Inc.‚ whose other chains also include Taco Bell and Pizza Hut. The first KFC to be introduced to Africa was in 1971‚ and since‚ about 600 have opened. Late last year‚ KFC announced a four-year plan to double their number
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abroad. Let us take KFC as an example. There are many kinds of fast food restaurant in United States of America as fried chicken and hamburgers are the main food for American‚ so the competition is very stiff in domestic market and it is almost saturated- there are enough fast food brands to meet people’s need in fried chicken and hamburgers. In order to make more profit‚ KFC decided to enter China’s market as there was no competitor and the main food for Chinese is rice. Then KFC became the first and
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SUMMARY The history of KFC came about due to a very innovative and driven man named Harland Sanders‚ the creator of KFC in 1952. In order for Harland Sanders to gain prospective franchisees he traveled across the United States to find the potential buyers. In the 1960’s KFC became the first fast food chain to go international. “Colonel Sanders” began to franchise and took over two hundred restaurants and home retail outlets across the US. In 1963‚ the number of KFC franchises rose from 200 to
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I. ABOUT KFC Colonel Harland Sanders was the owner of KFC‚ he opened his first restaurant in 1930 in the small front room of a gas station in Corbin‚ Kentucky. KFC (whose name was originally an acronym for Kentucky Fried Chicken) is a fast food restaurant chain that specializes in fried chicken and is headquartered in Louisville‚ Kentucky‚ United States (US). Original Recipe‚ Extra Crispy‚ Kentucky Grilled Chicken and Extra Crispy Strips with home-style sides‚ Hot Wings and freshly made chicken
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Kentucky Fried Chicken (KFC) and McDonalds‚ which one do you prefer? Actually‚ they both serve delicious fast food. McDonalds focuses primarily on hamburgers and fried chicken but KFC does wraps‚ salads or sometimes pies and kebabs. they are hazards to health. In the Middle East they sell halal food. McDonalds and KFC have similar types of food‚ popularity and history. McDonalds and KFC both are global fast food chains but they have a really different history. Harland Sandors known as Colonel
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Maraniara Davy C. Villarama MM1-Marketing Management BCG Matrix of KFC The need for strategy‚ in order to expand its existing product in very promising markets for KFC is very essential. KFC‚ along with McDonalds‚ and other major fast food chains have dominated the American continent as well as elsewhere. Since the1950’s when the founder of KFC had a dream‚ of building an empire in the fast foodmarket‚ the company has undergone lots of changes. The company has changedownership; it has taken
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Preston University Peshawar Preface This report focus on KFC marketing strategies‚ its marketing environment ‚ demographic factor ‚marketing factors. I designed a report to provide a brief description about its marketing mix & its major competitors in Pakistan. We also discuss four P’s of marketing & their marketing tools. In addition to it‚ this report includes a research base survey on KFC. We all have tried our level best to fulfill all the requirements mentioned to
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International business Assignment#2 Multinational companies KFC & MCDONALDS Submitted to Prof. Amna Majeed Submitted by MC4 Sikandar iftikhar batth l4f11mcom0004 Samia fazal l4f11mcom0005 Nzaia tabassum l4f11mcom0006 Asma jadoon l4f11mcom0013
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References: Armstrong‚ G.‚ & Kotler‚ P. (2011). Marketing: An introduction (10th ed.). Upper Saddle River‚ NJ: Prentice Hall. KFC (2011). History. http://www.kfc.com/about/history.asp
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Localization and Standardization---a Case Study of KFC and McDonald’s in China Abstract Standardization and localization are two different operating methods. When multinational corporations enter into a new emerging market‚ they will inevitably face the question that whether to be standardized or localized. McDonald ’s and KFC in China have made remarkable achievements‚ however‚ strangely enough‚ KFC‚ the second name forever in the global fast-food market‚ beats the big brother McDonald
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