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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KFC’s Localization Strategies in China 55 Comments » tags: China‚ essay‚ KFC Do in China as the Chinese Do: An Overview of KFC’s Localization Strategies in China Abstract Kentucky Fried Chicken has been one of the most household international brands in urban China since it opened its first Western-style quick service restaurant in Beijing in 1987. As the present largest fried chicken restaurant company in the world‚ KFC aims China as the most promising market and succeeds in its localization strategies
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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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MK2 SERVICES MARKETING COURSEWORK ASSIGNMENT QUESTION “Develop a service blueprint for an organization in the hospitality service industry of your choice” Development Steps; - Decide on the company’s service or service process to be blueprinted and the objective. - Determine who should be involved in the blueprinting process - Modify the blueprinting technique (if required) - Map the service as it happens most of the time. - Be sure customers remain the focus - Track insights that
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9-606-041 REV: JANUARY 9‚ 2006 FRANCES X. FREI AMY C. EDMONDSON Yum! Brands‚ Inc.: A Corporate Do-Over This culture that we have is our secret weapon. It’s why I think we can recruit the best people in the industry‚ it’s why our turnover is going down‚ it’s why we’re making progress in every aspect of our business. … Every day we go to work‚ trying to build a great‚ powerful culture and build the business around the basic building blocks that we know will drive the business. — David C. Novak
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Development and Market Penetration 4 Quality Management Program 5 Localization and Diversification 5 Mass Market Strategy 5 STRENGTHS AND WEAKNESS OF KFC 7 Strengths of KFC: 7 KFC’s Secret Recipe 7 Name Recognition and Reputation 7 Employee Loyalty 7 Loyal Customer Base 8 Weakness of KFC: 8 Confusing Corporate Direction 8 Lack of Interest in Research Development and Innovation 8 Marketing Blunders Affecting Brand Image 9 Lack
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As mentioned above‚ there are a few major competitors in the fast-food industryin India for KFC‚ namely McDonald’s‚ Pizza Hut‚ Domino’s and Subway. The substitute products‚ in this case‚ would be burgers‚ pizza‚ and sandwiches. Though they arecompetitors‚ their primary products differ greatly from each other‚ in that they sell‚chicken‚ burgers and fries‚ pizzas‚ and sandwiches‚ respectively. TraditionalIndian dining‚ home-cooked meals‚ and grocery stores with ready-to-eat foods are alsosubstitutes
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Marketing Strategy Analysis for Z-Kung fu Restaurant Abstract Z-Kung fu Global Chinese Fast Food Chains is a new mode of operation in Chinese fast-food chain industry. It has solved the standardization problems in Chinese fast food industry for the first time and set a new way of developing the Chinese fast food. Up to now‚ Z-Kung fu has opened 250 bistros‚ and began to compete with the foreign fast-food restaurants. Developing on strong capital‚ Z-Kung fu is expanding rapidly. However‚ there are
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from http://www.marketingexperiments.com/blog/ Energy Star (2012). Energy Star Guide For Restaurants. Retrieved from http://www.energystar.gov/ia/partners/publications/pubdocs/restaurants_guide.pdf?04bb-ca54 Environmental Leader (2009‚ January 28). KFC Switches to Earth-Friendly Packaging. Retrieved September 28‚ 2012 from http://www.environmentalleader.com/ Ethical Footprint (2010‚ May 14) Green. Retrieved September 28‚ 2012 from http://www.chainalytics.com/wpcontent/uploads/2011/03/2009-04-Subways-Journey-to-Green
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Financial Sector Talent Enrichment Programme The Malaysian Financial System Jessica Chew Assistant Governor Bank Negara Malaysia 21 April 2011 1 Let’s discuss the role of… the financial system bank negara malaysia YOU 2 Landscape of the Malaysian financial system BANK NEGARA MALAYSIA SECURITIES COMMISSION stock broking companies markets payment & settlement systems Islamic banks (re)insurance companies (re)takaful operators insurance brokers/
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