relating to the fast- food industry. 2.2 Porter’s Five Forces – Fast-food Industry 1.2.1 New Entrants “The industry is dominated by a number of international quick Service Restaurant Chains‚ including McDonald’s‚ Burger King‚ Pizza Hut‚ KFC and Domino’s “(Data monitor‚ 2010). So the market of fast food is highly competitive‚ and the cost to entry the fast food industry is high. This force should be weak. 1.2.2 Substitutions Substitutes are readily available: food can be purchased
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Concept Officer VP‚ Business Dev. Nick White‚ Chief Operating Officer VP‚ Fin/Acctg VP‚ Legal Executive Summary SVP‚ Marketing Regional VP´s‚ US Market SVP‚ Food VP‚ Real Estate Director‚ Creative Louis Chen VP‚ China VP‚ IS Director‚ Distribution Director‚ Ops‚ Tools & Learning VP‚ Purchasing Director‚ Online Director‚ Catering Company Overview Market Analysis Market entry China Recommendations Implementation STEP Analysis • Eating habits which are different from the U.S. Sociological
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remains the world’s most popular chicken restaurant chain. Today there are more than 13‚000 chains around the world in 90 different countries and territories. The national KFC base is in Louisville‚ Kentucky. Around 8 million people are served at a KFC every single day. Timeline 1890 ’ Colonel Harland Sanders‚ the founder of the KFC Corporation‚ was born. 1932 ’ Colonel Sanders developed his special blend of 11 spices and herbs‚ which marked the beginning of his famous Original Recipe chicken. 1935
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Introduction 2 History of KFC (Kentucky Fried Chicken) 2 History at-a-Glance 3 KFC Logo 6 Location of KFC headquarters 7 Number of staff 7 Number of branches 7 Advantages of corporation 8 Disadvantages of forming a corporation 8 Company structure 9 Product 10 Conclusion 11 Reference 12 Section 1 Introduction KFC (Kentucky Fried Chicken) Corporation‚ based in Louisville‚ Kentucky‚ is the world’s most popular chicken restaurant chain‚ specializing in Original Recipe‚ Extra
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Cultural influence on management of organizations 1. Introduction As businesses and firms grow in size‚ they are crossing borders and becoming multi-national companies. When the firms cross borders‚ several management strategies need to be aligned in accordance with the cross-cultural needs. This assignment will examine two famous multi-national companies on their application of cultural aspects and analyze how successfully they have applied those aspects and reasons for their success. Before
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The business that I have chosen to evaluate is KFC; I have chosen this business as it is extremely well recognised company. One of the main reasons for choosing KFC is that I believe it has instant recognisability to people and its processes are easy to see. The industry in which KFC operate is very efficient and has constant changes to it. I do believe that there can be changes in KFC operations and processes do hopefully benefit the customer further. The main area which I am going to look at is
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fried shrimps and other seafood‚ jambalaya‚ red beans and rice and other regional items. Popeyes is a highly differentiated brand with passion for its New Orleans heritage n flavorful authentic foods. Weakness: Popeyes is second to its sister company KFC. About 90% of their domestic restaurants are concentrated in Tennessee and Louisiana. Most of their restaurants are located in heavily populated African-American neighborhoods; giving them higher chances of being robbed and giving them a higher close-out
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Kentucky Fried Chicken There are many stakeholders of KFC the main ones are Employees‚ Customers‚ Delivery services‚ Contracted Vending Companies‚ suppliers and Contracted Cleaning Companies. Employees- • Employees are important stakeholders in the business as they provide the service to the customer who eats at KFC. Without well trained staff the business would not run smoothly. The interest of the staff would be to make sure they have a secure job and a steady wage. If employees
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policies as KFC being a foreign company‚ but they have to obey the policies of the Government laid by the government of Pakistan‚ the country where the business activities are being carried out. KFC has handled this situation very tactfully and has obeyed the policies of the Government as prescribe by the government in order to run this kind of business. The other major factor is the pricing policies. KFC maintain & design its price policies keeping in view the income & income distribution of the people
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would expect‚ KFC has little rivalry with similar fast-food chains in China. The primary reason is that their core products are different‚ as in they sell different kinds of fast-foods with very different tastes and styles. For example‚ if KFC raised its price for chicken by a small amount‚ Chinese chicken lovers who may not be as accepting to pizzas (many Chinese people strongly dislike the taste of cheese) are not going to switch to Pizza Hut just because the price for KFC increased. In addition
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