companies in the industry‚ 2) the threat of new entrants‚ 3) the threat substitutes‚ 4) the bargaining power of customers‚ and 4) the bargaining power of suppliers. 1. Rivalry of the companies in the Industry- McDonald’s is in the fast-food business‚ and nowadays‚ there is huge competition for that. A competitor for McDonald’s can be anywhere from an upscale restaurant to a vada pao stand at an IPL Game. Its major competitors in are- India Worldwide * KFC * Local Burger Shops
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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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Flan Tres Leches 3. Implementation on non-traditional units including the following: Shopping mall food courts Universities Hospitals Airports Stadiums Amusement Parks Office Buildings Mobile Units 4. Increase profitability of KFC through the following: Reduced overhead costs Increased efficiencies Improved customer service Cleaner restaurants Faster and friendlier service Continued high quality products 5. Resolve franchise problems in the United States. Implied
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Question 1 b) Question 1 c) Question 2 a) Question 2 b) Question 3) conclusion Introduction Kentucky Fried Chicken Corporation (KFC) was the world’s largest chicken restaurant chain and third largest fast-food chain in 2000. KFC had a 55 percent share of the U.S. chicken restaurant market in terms of sales and operated more than 10‚800 restaurants in 85 countries. KFC was one of the first fast-food chains to go international in the late 1950s and was one of the world’s most recognizable brands.
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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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KFC (Kentucky Fried Chicken) KFC is a fast food restaurant chain headquartered in Louisville‚ Kentucky. KFC was founded by Harland Sanders in 1930. Sanders began selling fried chicken from his roadside restaurant in Corbin‚ Kentucky during the Great Depression. Also Sanders was an early pioneer of the restaurant franchising concept‚ with the first "Kentucky Fried Chicken" franchise opening in Utah in the early 1950s. KFC mission is be an internationally renowned fast food industry in the world
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lot of competitors such as McDonald‚ KFC‚ Pizza Hut and Burger King. The loyal and potential customer of customer starting to declined and this caused a big loss to the KFC. Customer can go to any fast food restaurants that offered more affordable price especially to students which requiring a lot of money to survived. To attract their consumers back‚ KFC start to decrease their prices and give a discount of their products to the consumers. KFC reward ‘My KFC Card Programed’ to their loyal customer
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Nirula’s is established in Delhi and Northern India. However‚ it claims to cater 50‚000 guests every day. It has future expansion plans for more than 50 outlets every year‚ for next three years. Major players in fast food • McDonalds 132 outlets • KFC 72 outlets • Pizza hut 147 outlets • Dominos Pizza 274 outlets • Café Coffee Day 833 outlets • Barista 200 outlets Fast food contains high amount of • Calories • Saturated Fat • Carbohydrates • Sugar • Sodium • Proteins Why do people
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was increasing (opportunities) • In China’s there was rapidly growing middle class (opportunities) • In China there are many lower income consumers that could not afford at Western fast food chains‚ which charge $3 for a basic meal. (threat) b. Sociocultural Environment • Chinese customers are eager to try out burgers and fries‚ which were vastly different from local Chinese quick service restaurants. (Opportunities) • Big curiosity of Chinese about foreign brands and
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performance drops. This drives down KFC’s market shares‚ limits its efficiency‚ and reduces its growth. Mexican Environments and Global Strategies KFC operates 50% of its restaurants outside US‚ mainly in Japan‚ China‚ and Mexico. KFC emphasizes on building company owned restaurants. The section will only discuss on KFC’s business in Mexican environment because KFC encounters problems and uncertainties here. Mexican Business Environment Mexico has a long history of close economy until 1988. When De Gortari
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