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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Table of Contents Introduction Yum! Brands (Yum) operates‚ franchises‚ and licenses the Kentucky Fried Chicken (KFC)‚ Pizza Hut‚ Taco Bell‚ Long John Silver ’s (LJS) and All America Food (A&W) fast food restaurant brands (Datamonitor‚ 2009). Tricon Global Restaurants was created as a spin-off of PepsiCo’s restaurant division‚ which consisted of Taco Bell‚ KFC and Pizza Hut‚ in 1997 (Restaurants‚ 2009‚ p. 11). Tricon later purchased Yorkshire Global Restaurants‚ the owner and operator of A&W and
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KFC KFC Brand KFC (Kentucky Fried Chicken) is fast food chain‚ well known for its chicken recipes. It belongs to Yum! Brands which is the one and only fast food group‚ that is known worldwide for its strong association with brands like KFC‚ Pizza Hut‚Taco Bell (TEX-MEX)‚ Long John Silver and A&W . KFC’s story goes back to 1930‚ when Colonel Sanders invented the secret chicken recipe cooked with 11 different herbs and spices. With its success‚ Colonel Sanders is known throughout the country and
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my day is spent at work. I normally have to include both lunch and dinner because I work twelve hours or more a day. I work at Pizza Hut‚ so getting something to eat is easy. Unfortunately‚ there isn’t a lot of information on the origins of the food. I know the wheat used in the pizza crust is from the Midwest and I believe the cheese is from California (Pizza Hut‚ 2012). My beverages are an assortment of Pepsi products that are bottled at different plants around the United States. I guess
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Organizations Domino’s Sizzles with Pizza Tracker Read the Interactive Session and then discuss the following questions: 1. What kinds of systems are described in this case? Identify and describe the business processes each supports. Describe the inputs‚ processes‚ and outputs of these systems. 2. How do these systems help Domino’s improve its business performance? 3. How did the online pizza ordering system improve the process of ordering a Domino’s pizza? 4. How effective are these systems
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Yum! Brands Building the KFC Global Brand Micky Pant YRI Chief Marketing Officer KFC International – Strong ’06 Performance 5% SSS Growth Nearly 300 More Traditional Restaurants BYA Update Solid sales growth across the world‚ with renewed strength recently South Africa Middle East Netherlands Europe FBU Mexico Asia FBU Australia U.K. France India Japan Germany Russia YTD 17% 9% 8% 7% 6% 5% 5% 4% 4% 1% Flat -1% N/A Note: YTD same-store-sales growth above are estimates‚ including
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Term Paper Report on CUSTOMER SATISFACTION SURVEY ON PAST FOOD RESTAURANT (Chittagong) Submitted to: Mrs. Farah Israth Lecturer Department of Business Administration Premier University‚ Chittagong Submitted By: Shubhangkar Barua Id: 0613111530 Marketing Department Premier University‚ Chittagong DATE OF SUMISSION: 13.12.2011 Letter of transmittal 3rd Nov‚ 2011 Farah Israth Lecturer Department
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holding about 25% of industry sales and is intensely competitive with respect to food quality‚ price‚ service‚ convenience‚ location and concept (Hoovers 2009). The major companies of the industry include McDonald’s‚ Burger King‚ Subway‚ Domino’s Pizza‚ Dairy Queen and the Yum Brands restaurant companies. Quick service restaurants are often affected by changes in consumer tastes; national‚ regional or local economic conditions; currency fluctuations; demographic trends; traffic patterns; the type
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the various pizza restaurant chains. Do you agree that fast delivery is the only competitive advantage Domino’s has? If so‚ explain the implications. Ans Dominos Pizza has various marketplace opponents such as Papa Johns‚ Pizza hut‚ NYC Pizza‚ Pizza Inn. In providing services‚ Dominos Pizza have a tiny edge over its competitors’ and dominos providing the best quality service by delivering Pizza in half an hour. Other competitors have high prices for normal and plain pizza but the pizza with topping
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BSB‚ INC.: The Pizza Wars Come to Campus —Source: This case was prepared by Dr. Brooke Saladin‚ Wake Forest University‚ as a basis for classroom discussion. Renee Kershaw‚ manager of food services at a medium-sized private university in the Southeast‚ has just had the wind taken out of her sails. She had decided that‚ owing to the success of her year-old pizza service‚ the time had come to expand pizza-making operations on campus. However‚ yesterday the university president announced plans to begin
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