KFC of Pakistan Presentation by BBA 4th Semesters students. Prepared by Faraz Ali
its a Marketing Final project about to choose product and present it.
Presentation Explains, that how organizations implement four functions of management in the organization. As KFC is well known name in fast foods as well as it is multinational organization. in this presentation me and my group members explores that how KFC use and implement four functions of management.
Useful for business, commerce, management sciences students.
KFC (the name was originally an initialism for Kentucky Fried Chicken) is a fast food restaurant chain that specializes in fried chicken and is headquartered in Louisville, Kentucky, United States (US). It is the world's second largest restaurant chain overall (as measured by sales) after McDonald's, with over 18,000 outlets in 120 countries and territories as of December 2012. The company is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut and Taco Bell restaurant chains.
KFC was founded by Harland Sanders, an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression. Sanders identified the potential of the restaurant franchising concept, and the first "Kentucky Fried Chicken" franchise opened in Utah in 1952. KFC popularized chicken in the fast food industry, diversifying the market by challenging the established dominance of the hamburger. By branding himself as "Colonel Sanders," Harland became a prominent figure of American cultural history, and his image remains widely used in KFC advertising. However, the company's rapid expansion saw it overwhelm the ageing Sanders, and in 1964 he sold the company to a group of investors led by John Y. Brown, Jr. and Jack C. Massey.
KFC was one of the first fast food chains to expand internationally, opening outlets in England, Mexico and Jamaica by the mid-1960s. Throughout the 1970s and 1980s, KFC experienced mixed fortunes domestically, as it went through a series of changes in corporate ownership with little or no experience in the restaurant business. In the early 1970s, KFC was sold to the spirits distributor Heublein, who were taken over by the R.J. Reynolds food and tobacco conglomerate, who sold the chain to PepsiCo. The chain continued to expand overseas however, and in 1987 KFC became the first Western restaurant chain to open in China. The chain has since expanded rapidly in China, which is now the company's most profitable market. PepsiCo spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands.
KFC's original product is pressure fried chicken pieces, seasoned with Sanders' recipe of 11 herbs and spices. The constituents of the recipe represent a notable trade secret. Larger portions of fried chicken are served in a cardboard "bucket," which has become an icon of the chain since it was first introduced by franchisee Pete Harman in 1957. Since the early 1990s, KFC has expanded its menu to offer other chicken products such as chicken fillet burgers and wraps, as well as salads and side dishes such as French fries and coleslaw, desserts and soft drinks, the latter often supplied by PepsiCo. KFC is known for the slogan "finger lickin' good," which has since been replaced by "Nobody does chicken like KFC" and "So good."
Presentation Explains, that how organizations implement four functions of management in the organization. As KFC is well known name in fast foods as well as it is multinational organization. in this presentation me and my group members explores that how KFC use and implement four functions of management.
Useful for business, commerce, management sciences students.
KFC (the name was originally an initialism for Kentucky Fried Chicken) is a fast food restaurant chain that specializes in fried chicken and is headquartered in Louisville, Kentucky, United States (US). It is the world's second largest restaurant chain overall (as measured by sales) after McDonald's, with over 18,000 outlets in 120 countries and territories as of December 2012. The company is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut and Taco Bell restaurant chains.
KFC was founded by Harland Sanders, an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression. Sanders identified the potential of the restaurant franchising concept, and the first "Kentucky Fried Chicken" franchise opened in Utah in 1952. KFC popularized chicken in the fast food industry, diversifying the market by challenging the established dominance of the hamburger. By branding himself as "Colonel Sanders," Harland became a prominent figure of American cultural history, and his image remains widely used in KFC advertising. However, the company's rapid expansion saw it overwhelm the ageing Sanders, and in 1964 he sold the company to a group of investors led by John Y. Brown, Jr. and Jack C. Massey.
KFC was one of the first fast food chains to expand internationally, opening outlets in England, Mexico and Jamaica by the mid-1960s. Throughout the 1970s and 1980s, KFC experienced mixed fortunes domestically, as it went through a series of changes in corporate ownership with little or no experience in the restaurant business. In the early 1970s, KFC was sold to the spirits distributor Heublein, who were taken over by the R.J. Reynolds food and tobacco conglomerate, who sold the chain to PepsiCo. The chain continued to expand overseas however, and in 1987 KFC became the first Western restaurant chain to open in China. The chain has since expanded rapidly in China, which is now the company's most profitable market. PepsiCo spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands.
KFC's original product is pressure fried chicken pieces, seasoned with Sanders' recipe of 11 herbs and spices. The constituents of the recipe represent a notable trade secret. Larger portions of fried chicken are served in a cardboard "bucket," which has become an icon of the chain since it was first introduced by franchisee Pete Harman in 1957. Since the early 1990s, KFC has expanded its menu to offer other chicken products such as chicken fillet burgers and wraps, as well as salads and side dishes such as French fries and coleslaw, desserts and soft drinks, the latter often supplied by PepsiCo. KFC is known for the slogan "finger lickin' good," which has since been replaced by "Nobody does chicken like KFC" and "So good."
Harland Sanders, the man who would later be known as ‘The Colonel’, 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
Harland Sanders, the man who would later be known as ‘The Colonel’, 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
Ways to improve employee performance
http://waysforemployeeperformance.blogspot.in/2017/06/ways-to-improve-employee-performance.html
Amit Sarode,
Digital Marketing Executive,
Talent Corner HR Services Pvt. Ltd.
About Talent Corner
Talent Corner H.R. Services is a professional human resources consultant providing innovative recruitments solutions to the corporate world. Incorporated in 2002, Talent Corner has now grown into one of India’s top HR Services Companies with Over 150 employees in Offices and located at 10 Locations across the country. We are currently serving over 900+ clients in diverse industries.
We are providing recruitment services in Bangalore, Chennai, Delhi, Hyderabad, Pune, Kolkata, Rajasthan, Gujarat, & Cochin. In a Dynamic Business World, Standardized Business Solutions don’t Often Work. Therefore we offer customized Recruitment's and Executive Search Solutions for Companies across industries. Visit our website to know more about us at: http://talentcorner.in
Apart from High Quality Recruitment Services, Our Industry Demands “Ownership” in Business. Thus in Order to Scale, we have Developed a Unique Recruitment Franchise Opportunity to harness your Entrepreneur Aspirations. To know more about our recruitment franchise opportunities, visit : http://talentcorner.in/franchise-at-talent-corner
This will help to understand the Articles of Human Resources to those who's educational background is different but they are eager to start their career in Human Resource.
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Human Resource Planning: Meaning & Concept, Process and importance, Methods of Human Resources Planning, Importance of HRIS.
Job Analysis, Job Description, Job Specification & Job Evaluation – Meaning, Concepts and Methods.
In-depth discussion of HR Key Performance Indicators - selecting, measuring them, and designing tracking and decision processes to enable a strong, sustaining competitive advantage in your business... This deck was presented on 4-7-2015 as part of a BLR sponsored Webinar .
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
4. Starts in 1930 by Harland Sanders the founder of KFC
Named as the dining area "Sanders Court & Cafe."
In 1939 "Sanders Court & Café” was rebuilt named as KFC.
In 1960, 190 KFC franchisees and 400 franchise units in the U.S. and
Canada.
Cupola holds the master franchise rights to operate KFC in Pakistan
since1999.
9. After evaluation of various segments, KFC has decided to target the market of Urban
and Sub-urban Areas of Pakistan.
People are educated and they want variety in their diet.
Normally people of rural areas don’t take fast food. On the other hand people of
urban areas take fast food.
Income of the people of urban areas is normally high and they can afford to
purchase such products, which are slightly higher in
price as compared to prevailing prices of local food in the market.
People of Urban Areas are more quality conscious than the people of Rural Areas.
It would be focused on customers in the age group of between 4 to 45 years old.
The pricing and promotion strategies would also be looked into as KFC.
10. Samples of some products that KFC offers, how they set the price of a product
PRICING STRATEGY FOR TWISTER
Manufacturing cost RS. 225/-
5% marketing cost (PER UNIT) RS. 5/-
Total cost RS.230/-
15% G.S.T +15% RETAIL MARGIN RS.69/-
Total retail Price
RS.300/-
PRICING STRATEGY FOR Zinger Burger
Manufacturing cost RS. 117/-
5% marketing cost (PER UNIT) RS. 5/-
Total cost RS.122/-
15% G.S.T +15% RETAIL MARGIN RS.53/-
Total retail Price
RS.175/-
11. Assets Rs. Liabilities Rs.
Machinery
Cash in Hand
Furniture & Fixture
Equipment
Security Deposit
12,00,000
400000
10,00,000
10,00,000
20,00,000
Loan from Bank 10,00,0000
+ interest 120,000
Capital
112,00,000
88,00,000
Budget analysis
Sales Forecast
12. “To sell food in a fast, friendly environment that appeals to
pride conscious, health minded consumers”
13. To be the leading integrated food services group in the Asia
Pacific region based on consistent quality products and
exceptional customer-focused service.
14. Planning:
Planning is the process used by managers to identify and select appropriate goals
and courses of action for an organization. The planning function determines how
effective and efficient the organization is and determines the strategy of the
organization. In KFC objectives are set, launch of new products, introduction of
new schemes, market survey etc. is done
Organizing:
In organizing managers create the structure of working relationships between
organizational members that best allows them to work together and achieve goals.
An organizational structure is the outcome of organizing. This structure
coordinates and motivates employees so that they work together to achieve goals.
15. Leading:
In leading, managers determine direction; state a clear vision for employees
to follow and help employees understand the role they play in attaining
goals. The outcome of leading function is a high level of motivation and
commitment from employees to the organization.
Controlling:
In controlling, the manager evaluates how well the organization is
achieving its goals and takes corrective action to improve performance.
The outcome of controlling function is the accurate measurement of
performance and regulation of efficiency and effectiveness.
16.
17.
18.
19.
20. Teams to handle critical situations :
There are only two teams in KFC ( Chandni Chowk Branch)
One team is Concentrating on resolving internal Conflicts between employees and
employers through different procedures and committees:
If employee is unsatisfied with its team or management then he/she
can easily resolve his/her issue
Second team deals with the customer care satisfaction and try to improve
technology and working conditions:
On different occasions customers offers and discounts available
21. Human Resource Management ( Training, Hiring etc )
The responsibility of the human resource department, the actual management
of human resources is the responsibility of all the managers in an organization.
It is therefore necessary for all managers to understand and give due
importance to the different human resource policies and activities in the
organization. Human Resource Management outlines the importance of HRM
and its different functions in an organization. It examines the various HR
processes that are concerned with attracting, managing, motivating and
developing employees for the benefit of the organization.
Talent Search
Hiring
Assessments
Rewarding
22. Training
Training “We won’t make you wing it” is KFC’s motto when it comes to training
employees. Training includes:
1) Workbooks
2) Quizzes
3) On-the-job competency based training
Employees are encouraged to work together as a team- KFC is
committed to making sure their people grow to their highest potential- KFC does
their best to make the job interesting and exciting for workers.
24. Selection based on :
Test
Physical Test
Behavioral Test
Team Skill Judge
Working Capacity
Communication Skill
Confidence
Body Language
Motivation Level
25. Communication Process
Upward
From employees to management. Many firms define formal channels for upward
communications. These channels encourage communication from employees to
supervisors and upward to top management levels.
Some examples of upward communication channels are employee surveys,
suggestion boxes, and systems that allow employees to propose ideas for new
products or voice complaints. Upward communication is also necessary for
managers to evaluate the effectiveness of downward communication
26. Downward
From management to employees. Downward communication, carries messages
from someone who holds a senior position in the organization to subordinates.
Managers may communicate downward by sending employees e-mail messages,
presiding at department meetings, giving employees policy manuals, posting
notices on bulletin boards, and reporting news in company newsletters.
27. Measurement of Performance
360 Degree Feedback Performance
360 Degree Feedback is a system or process in which employees receive
confidential, anonymous feedback from the people who work around them. This
typically includes the employees manager, peers, and direct reports.
360 Feedback as a Development Tool to help employees recognize strengths and
weaknesses and become more effective when done properly. 360 Feedback as a
Performance Appraisal Tool to measure employee performance these things are
most appropriately addressed by an employee and his/her manager as part of an
annual review and performance appraisal process
28. Methods of Control
HR manager control all activities into following ways:
• Feed forward control
• Feedback control
• Concurrent control
• External control
• Employee discipline system
• Financial control
• Purchasing control
• Inventory control
• Statistical control
29. Code of Conduct
Two of our major strengths as a company are our employees and our
culture. We believe in
treating each other with respect and fostering an atmosphere of caring,
open communications
and candor. Our “How We Win Together” principles define our culture
and how we manage our
business. Celebrate every Event and festival. Respect all employees and
customer basic rights.