change in demographic trends in the past two decades has seen an overall increase in costs for KFC and other fast food chains. Due to immense price competition and saturation of the US market‚ KFC is unable to raise its prices to cover the increased costs. The slower US population growth rate‚ oversupply of fast food chains and the minuscule 1% growth in the US restaurant industry per year has resulted in KFC¡¦s focus on expansion of their international markets. 2.0 Secondary Problems 2.1 Short
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findings P4 - P4 - - The history and current situation of fast food industry in China The competitions in the “Chinese fast food” industry 1. The competition between Chinese and western fast food 2. The competition between KFC and McDonald‟s 3. The breakfast battle. P5 P9 The social influence Conclusion and Recommendation P10 Reference and future readings P11 2 Introduction For modern Chinese society‚ “Fast food” is not a fresh concept. In 1980s
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MCDONALD & COMPETITOR KFC Introducing McDonalds and Its Direct Competitor KFC McDonald’s and KFC are everybody’s favourite food trip destinations. When you like hamburgers‚ McDonald’s is always the top option. When you like fried chicken‚ KFC is always the first thing that comes to everyone’s mind. The reason for this is these companies claim of particular products that have became their trademark until now. The difference between McDonald’s and KFC is mainly the cuisine. Brief History Of Mcdonalds
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QSR BRANDS BHD (599171-D) A. A1. NOTES TO THE INTERIM FINANCIAL REPORT Basis of Preparation The interim financial report is unaudited and has been prepared in accordance with FRS 134: “Interim Financial Reporting” and paragraph 9.22 of the Bursa Malaysia Securities Berhad (“Bursa Securities”) Listing Requirements and should be read in conjunction with the Group’s audited financial statements for the year ended 31 December 2008. The accounting policies and presentation adopted by the Group in this
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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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favorites such as Taco Bell‚ Pizza Hut‚ Long John Silver’s‚ and KFC. Whether the operating segment sells pizza or chicken‚ "Yum develops‚ operates‚ franchises and licenses a worldwide system of restaurants‚ which prepare‚ package and sell a menu of food items." As each of these fast-food places is obvious to most readers in America‚ it is also quite interesting that over 100 countries are familiar with these names as well. In fact‚ segments like KFC were actually introduced in many markets like China before
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INTRODUCTION OF KFC KFC Corporation‚ based in Louisville – Kentucky‚ is the internationally most famous restaurant chain and franchise specialising in chicken. It is currently owned by Yum! Brands‚ Inc.‚ the largest group company in restaurant business in the world with more than 36‚000 branches across the globe. On a daily basis‚ roughly 12 million customers are served at more than 18‚000 KFC stores across 120 nations and territories. As of December 2012‚ there are 4‚600 KFC outlets in the United
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there are many brand had already be succeed in china. According to many economists‚ KFC was the most successful brand‚ which has more than ten years’ experience. “China is the most important market for KFC. “ said by David Gill (the CEO of KFC in United state). ‚ "KFC is still seen as a foreign brand but it’s a foreign brand with local characteristics." “One of the many mysteries of modern marketing is how KFC‚ a once rather lack-luster American fast food brand‚ outperformed all competitors and
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categories. Pursuing innovation and food safety its manufacturing brands Cargills Supremo and Cargills Finest (processed meats) Cargills Kist (processed fruits and vegetables) and Cargills Magic (ice cream and dairy products) lead sectoral growth. Its KFC franchise is the largest international restaurant chain in Sri Lanka. Through its marketing and distribution arm spread across the island Cargills distributes its manufactured brands as well as internationally renowned food and non-food brands. The
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suggests that KFC faces a very active and rigorous competition. There is extreme rivalry in the fast food industry. There are more then a hundred other fast food businesses that KFC competes with. Statistics show that there is always threat of new competition as there are new chains developing from time to time in the industry. The reason behind such a threat existing is due to the fact that the industry is a highly profitable market. There a various number of substitutes that KFC faces as competitive
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