Harland Sanders, the man who would later be known as โThe Colonelโ, was born in 1890. In 1955 Sanders sold his two filling stations and began selling his chicken recipe to other restaurants, charging them 5 cents per chicken. This franchise operation turned out to be a very profitable model. There were 600 KFC restaurants, making it the biggest fast food chain in the US by 1963. Today, there are over 18,500 KFC outlets worldwide, each making a profit of around $1.2 million a year. Also, it is the world's second-largest restaurant chain, with 22,621 locations globally in 150 countries. They are one of the most popular fast-food chains in the world and they produce fried chicken, chicken sandwiches, wraps, french fries and etc. They even brought out a chicken-flavored nail varnish earlier this year. In this presentation, include about Introduction of KFC, Nature of KFC international business operations and The impact of the international PESTEL on the KFC
power point presentation on KFC, mostly focused on company , followed the standard presentation format which is only bullet points no more theoretical part in this , easy to understand and present , specifically focused on Indian market , very simple and very attractive .
Harland Sanders, the man who would later be known as โThe Colonelโ, was born in 1890. In 1955 Sanders sold his two filling stations and began selling his chicken recipe to other restaurants, charging them 5 cents per chicken. This franchise operation turned out to be a very profitable model. There were 600 KFC restaurants, making it the biggest fast food chain in the US by 1963. Today, there are over 18,500 KFC outlets worldwide, each making a profit of around $1.2 million a year. Also, it is the world's second-largest restaurant chain, with 22,621 locations globally in 150 countries. They are one of the most popular fast-food chains in the world and they produce fried chicken, chicken sandwiches, wraps, french fries and etc. They even brought out a chicken-flavored nail varnish earlier this year. In this presentation, include about Introduction of KFC, Nature of KFC international business operations and The impact of the international PESTEL on the KFC
power point presentation on KFC, mostly focused on company , followed the standard presentation format which is only bullet points no more theoretical part in this , easy to understand and present , specifically focused on Indian market , very simple and very attractive .
Kentucky Fried Chicken & The Global Fast FoodAwais Ahmad
ย
Kentucky Fried Chicken and the Global Fast Food Industry is a case at number 10 of Strategic Management Book by Arthur A. Thompson, Jr. and A.J Strickland III. This case presentation provides very useful information about KFC and Global Fast Food Industry\'s Facts and Figures.
Kentucky Fried Chicken & The Global Fast FoodAwais Ahmad
ย
Kentucky Fried Chicken and the Global Fast Food Industry is a case at number 10 of Strategic Management Book by Arthur A. Thompson, Jr. and A.J Strickland III. This case presentation provides very useful information about KFC and Global Fast Food Industry\'s Facts and Figures.
KFC Vs McDonald-An overview on Local(Pakistan) & International businessAbdullah Zaman
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A brief overview is taken from different sources to summarize The Understandings of both Businesses. Strategic and Competitive Analysis on which KFC & McDonald are standing.
KFC is having a very good atmosphere for its employee to work and the corporate culture is also good to
deal with but there is little problem with the management issues that should be solved. The food quality
and services offered by KFC are excellent. KFC always keeps introducing new variety of chicken and
edible products that helps in continuous improvement and growth in the profit margins. Todayโs
generation is very health conscious and prone to hypertension was thinking what if KFC offers or add
fresh produced products such as fruits and vegetables in their menu it can increase their sales as even
vegetarian people can enter KFC and can enjoy the delightful ambient. In terms of 4 Pโs KFC is doing
exceptionally excellent.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
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According to TechSci Research report, โIndia Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030โ, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Memorandum Of Association Constitution of Company.pptseri bangash
ย
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Unveiling the Secrets How Does Generative AI Work.pdfSam H
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Business Valuation Principles for EntrepreneursBen Wann
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This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
"๐ฉ๐ฌ๐ฎ๐ผ๐ต ๐พ๐ฐ๐ป๐ฏ ๐ป๐ฑ ๐ฐ๐บ ๐ฏ๐จ๐ณ๐ญ ๐ซ๐ถ๐ต๐ฌ"
๐๐ ๐๐จ๐ฆ๐ฌ (๐๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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โญ ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐ฌ:
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โข Vietnam Food Expo with Lotte Wellfood
"๐๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ง๐ญ ๐ข๐ฌ ๐ ๐ฌ๐ญ๐จ๐ซ๐ฒ, ๐ ๐ฌ๐ฉ๐๐๐ข๐๐ฅ ๐ฃ๐จ๐ฎ๐ซ๐ง๐๐ฒ. ๐๐ ๐๐ฅ๐ฐ๐๐ฒ๐ฌ ๐๐๐ฅ๐ข๐๐ฏ๐ ๐ญ๐ก๐๐ญ ๐ฌ๐ก๐จ๐ซ๐ญ๐ฅ๐ฒ ๐ฒ๐จ๐ฎ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐จ๐ฎ๐ซ ๐ฌ๐ญ๐จ๐ซ๐ข๐๐ฌ."
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Attending a job Interview for B1 and B2 Englsih learnersErika906060
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It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
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It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
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Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. Youโll also learn
โข Four (4) workplace discipline methods you should consider
โข The best and most practical approach to implementing workplace discipline.
โข Three (3) key tips to maintain a disciplined workplace.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
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Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Putting the SPARK into Virtual Training.pptxCynthia Clay
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This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
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Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
2. Relevant Case Facts - History
Early Life of Colonel Sanders
Sanderโs First Franchise in 1952
New Management/culture for Kentucky Fried
Chicken after KFC sale for $2M
Acquisition of KFC by Pepsico/Tricon Global
Heublein Makes Changes in 1970
1980โs Profit and Expansion
3. From $105 to 7.2 Billion
in 50 years
1952, Col. Sanders started franchising his recipe door to door financed by his $105.00 SS Check
1964, Col Sanders had more than 600 franchised outlets in the US and Canada.
1964, Sold his interest in his company for $2 million to a group of investors.
1966, KFC went public
1969, Listed on the NYSE
1971, KFC was acquired by Heublein Inc. for $285 million.
1982, Heublein & KFC Inc. was acquired by RJ Reynolds
1986, RJ Reynolds & KFC, was acquired by PepsiCo, Inc. $840 million.
1997, PepsiCo, Inc. spined-off of its qsrโs into independent Tricon Global Restaurants.
2002, Tricon changed it's corporation name to Yum! Brands, Inc. .
NOW:
๏
Yum Brands, Inc. is the world's largest restaurant company in terms of system units with
nearly 32,500 in more than 100 countries and territories.
๏
Yum! Brands, Inc., is a Fortune 300 company
๏
Yum! Brands, Inc. global system sales totaled more than $22 billion in the year 2001.
๏
Current Market Cap value on the NYSE is 7.2 Billion
4.
5. Problem/Issue
How would KFC maintain a market
leadership in the global fast-food industry
Issue:
A competitive marketing strategy in the international market
focused on the Latin American countries
6. Internal Analysis
Functional Areas
Finance/Accounting
Since 2001, Yum Brands Inc. has outperformed the market
Computer Information Systems
Newly established Computer information system
Marketing
Positioning among competitors is favorable
unconventional methods of distribution
multibranding
Management
Objectives and goals are measurable and achievable
Team empowerment
Productions/Operations
Constant improvement on quality of chicken
Producer and operators are strategically located
7. SWOT ANALYSIS: Strengths
The Management style of Col. Sanders was to rely on the basic
goodness of the people around him and trust the franchisees to play
fair.
KFC is a Market leader : Worldโs largest chicken restaurant chain and
third largest fast-food chain in 2000
Key Success Factor (KFC):
๏
๏
๏
Location
Effective store management/cleanliness
Key to continued growth was to find, motivate, and retain hard-working and
entrepreneurial managers and franchisees around the globe
In addition to short term profits, store managers were also responsible
for building local public relations, maintaining employee morale,
developing customer good-will, keeping tab on the competing chains
and creating a legacy of special chicken cooking recipe.
Overall market image also became increasingly clear.
8. Strength
KFC had a refocused international strategies
to grow its company and franchise restaurant
base all over the world.
Competitive marketing strategy: Developed
three types of chicken: Original recipe
(pressure cooked) Extra crispy (fried) Tender
roast (roasted)
Distribution strategy
- First, focused on building smaller
restaurants in non-traditional outlets like
airports
9. Shopping malls, universities, and hospitals.
Second, KFC continued to experiment with
home delivery, which was already firmly
established in Louisville, Las Vegas and LA
markets
Third, KFC established โ2 in 1โ units that sold
both KFC and Taco Bell or KFC and Pizza
Hut
10. Cont. Strength
KFC continued to dominate the chicken
segment ($4.4B) past its nearest competitor
Popeyes at a distant second ($1.0B)
11. SWOT ANALYSIS:
Weaknesses
Year 1986
Management Shift- KFC was acquired by Pepsico from RJR Industries.
Sweeping changes into the culture was initiated by the new
management- this brings about demoralization to old KFC employees
and even franchisees.
Several restructurings led to layoffs throughout KFC, replacement of
KFC managers with PepsiCo managers
Conflicts between KFC and PepsiCo cultures- this is manifested with
PepsiCoโs stronger emphasis on performance rather than loyalty
expressed by Col. Sanders to KFC employees over the years.
12. Cont. Weaknesses
Market Segment (1990โs)
KFCโs leadership in the US market was so
extensive that it had fewer opportunities to
expand its US restaurant base, which was
growing at about 1% per year.
KFC chicken segment sales fell from 71% in 1989
to less than 56% in 1999.
13. SWOT ANALYSIS: Weaknesses
KFC finds difficulty in entering the German
market (culture incompatibility)
KFC sales stagnated. There was widespread
discontent among the franchisees, some of
whom felt the new owners did not understand
the chicken business and were not providing
leadership expected from a franchisor.
Company stores floundered and become
underperforming the franchised operations,
further convincing franchisees that the company
did not know its own business. (KFC HQ
acquired them to company-owned)
14. SWOT ANALYSIS: Opportunities
Overseas expansion with the rapid economic growth
and trend toward two-income families that had
fuelled the growth of fast-food industry in the 1950s
and 1960s were appearing in the late 1960s in the
other country.
US market maturity- many restaurants expand to
international markets as strategy for growing sales.
KFC is an American company and 35 largest
restaurant chains in the world (2000) were American
firms
Expansion program for the Mexican market/Latin
American markets
NAFTA advantage
Demographic trends (demand for food eaten outside
of the home)
16. Strategic Management
Market Development
KFC will introduce their present and new products and
services into new geographic/demographic areas.
Product Development
Bring back rotisserie chicken
Concentric Diversification
Add more to KFC product & service variety to the
public
consumers
18. Company Strategy
Primary objective is to take advantage of the
potential growth in other countries, to establish a
strong position and to develop their image. Key
Success Factors are ever continuing cost
savings through R&D, innovations and use of
new technology to work efficiently. These
success techniques will lower costs and
increase profits in the industry.
KFC uses an integrated low cost/differentiation
leadership, since it can count on its brand name
and original taste and recipes to be unique while
at the same time compete on price using the
benefits of cost savings from economies of
scale.
19. Recommendations
Short-term:
Based on the analysis, we can conclude that they should start by
solving their internal issues such as management and restaurant
menu before thinking about expanding. They should work on the
management issues to create a good atmosphere where employees
are happy to work in. I certainly do not believe that by treating
employees poorly, a company can be successful.
They also need to make sure that their restaurants offer a diversified
menu, provide their customers with quality food, excellent service
and restaurant cleanliness. KFC should always listen to their
customers and try to follow the new trends on the market in order to
fully satisfy their customers. Otherwise, competitors will satisfy them
and will eventually outperform you as Boston did with its grilled
chicken.
20. Cont.
Even though, KFC seems to have an emotional attachment
to their original recipe that made their success, they
definitely need to move on and develop new products that
customers want in order to increase their financial
performance and value. We have seen that Boston and
Popeyeโs are stealing customers away from KFC because
they understood what customers wanted and started
offering healthier items. KFC should certainly do the same
and enhance their menu.
21. Concerning their expansion strategy, KFC should start by closing a
few non-profitable stores in the US that are currently drowning
money from KFC. This will allow KFC to get the cash necessary to
invest in new markets, which offer more growth potential. We have
seen that the US market is not as attractive as it used to be, it has
become saturated and certainly does not appear to have a bright
future ahead. There is also the competition in the US that makes it
really hard to compete in, whereas in other foreign markets that are
quasi untouched as I will discuss more in detail later. KFC has to
select countries based on their attractiveness and make sure that
they can provide above-average returns, which will be discussed
more in detail in the intermediate term.
22. But first, they need to have a clear vision, solve the
internal issues and get some cash in order to make sure
that they are strong as a company and ready to compete
internationally before going ahead with their expansion
project.
รผ
รผ
รผ
รผ
Create a great working atmosphere
Develop a healthier menu
Get some cash from selling unprofitable restaurants
Evaluate countries based on attractiveness
23. International Investments
Concerning investing internationally, extremely attractive
countries that can provide above-average returns are
regions that have chicken as traditional dish such as
Asia and Latin America. Those regions should certainly
be prioritized while developing an international
expansion. While they start attacking those new markets,
they should keep in mind to focus locally even though
they go international in order to overcome certain
barriers such as language, law and a good
understanding of needs. Targeting new countries usually
work better if you adapt to the local market.
24. Long Term
They need to stay close to their mission (provide
customers with quality food, excellent service and
restaurant cleanliness) and make sure to know how to
achieve their long-term objectives. They also have to
keep innovating and coming up with new items regularly.
Remember that even though, they come up with similar
products, customers are most likely going to try them.
They also have to follow the trend and go hand in hand
with customers to satisfy their changing needs, as we
have previously discussed with the current healthier food
trend. They also want to keep an excellent image by
treating employees fairly and keeping a good control
over franchises to make sure they follow the companyโs
procedures.
25. Cont.
Concerning the American market, they should always
keep an eye at competitors and see if possible mergers
or acquisitions could be made. McDonaldโs has been
faster than KFC when they acquired Boston, which could
have really helped KFC regain its loss market share and
reduce competition. They also have to keep working on
their low-cost/differentiation strategy by better taking
advantage of their competitive forces such as economies
of scales, bargaining power, image/brand worldwide
recognition.
26. Cont.
They also need to keep an eye and be aware of new
technology in order to improve their productivity and be
able to compete more efficiently because even though
they may have a competitive advantage now, they can
be sure that they will eventually be challenged.
รผ
Stick to their mission; quality food-excellent servicerestaurant cleanliness
รผ
Keep control over franchises
รผ
Come up with new items regularly
รผ
Keep an eye on possible mergers & acquisitions
รผ Be aware of new technology to stay efficient and
competitive