My chosen businesses are KFC and NHS. These are the businesses I will be discussing the purpose and ownership. I will also mention the internal and external stakeholders of these two businesses.
KFC Does two types of planning, Strategic Planning and Operational Planning. Strategic Planning is done to increase its market worth value of the market share and Operational Planning includes launching of new product to change or innovate its product line for the customers. Planning objectives of KFC are to expand the organization on all over the UAE, to create and build superior quality for the customers, to follow marketing mix strategies and to generate superior financial return for KFC and KFC’s employees. Menu planning is done by researching. Supply chain management planning includes the full process related to the supply of raw materials which include chicken, spices and packing material and to increase operation, the objectives of supply chain management planning is to increase the level of outsourcing, increase globalization, increase the supply, increase the competitive pressure and increase the customers.The KFC mission statement is to “sell food in a fast, friendly environment that appeals to pride conscious, health minded consumers”.
The appointment of independent directors became very necessary, as shareholders looked for a way by which management became more responsible and accountable, and as such; the need for independent directors, who would not only checkmate the excesses of the board of directors, but also have the interest of the company and the shareholders at heart.
KFC’s objective is to ensure happiness is experienced by the population, to give all their customers a distinct experience on every experience. For the jobs at KFC to be the superior jobs globally for the people dedicated to producing excellent food and caring for customers, superior to others.
Providing customers with the best of both worlds: west meets east. In addition to its radical strategic approach of localization with regard to its food, they extended that viewpoint when selecting their management team. By hiring Chinese executives, Yum! Brands is able to build relationships with the local suppliers more easily and quickly. It definitely helps with their competitive advantage that chicken is a staple meat in China. Given these factors, it is clear that KFC has a competitive advantage in this market. However, taking a closer look at the industry and thinking longer-term, the competitiveness is undesirable but there is still potential to improve profitability. See the analysis
The Kroger Company was founded in 1883 by Bernard H. Kroger. The Kroger Company have retail nutrition and drug stores, multi retail establishment, adornment stores and accommodation stores all through the U.S. As of January 31, 2015 Kroger worked, either straightforwardly or through its auxiliaries, 2,625 grocery stores and multi-retail establishments, 1,330 of which had fuel focuses. Around forty eight for each penny of these general stores were worked in the Company-claimed offices, including some Company-possessed structures on rented land. The Company's stores work under a few pennants, including Kroger, Dillons, City Market, Food 4 Fewer, King Scoopers Fred Meyer, Fry's, Jay C, , Harris Teeter, QFC, Smith's.
Informal workplace communication is any kind of interaction that takes place in the workplace outside of office memos, emails, phone calls, letters, presentations, fax or any medium prescribed by management. (Reyes, 2014) Formal communications within an organization are those that take place through well-known channels. (Management, 2013) Formal communications would also include all of the paper-based and electronic communications that are available to members as well as the meetings that take place. (Management, 2013) Informal communications are those that are not based upon any set measures. (Management, 2013) For example, teaching with hands on by showing each member of the team how to play each play as a team. In today’s
We are pleased to announce that Bich Nguyen has accepted the position of Merchandising/Drug Manager for District 6. In her new role, Bich will report to Cecilia Sarabia, District 6 Manager.
The size of potential synergies is small as Burger King and Tim Hortons will continue working as distinct brands. As a result, only common corporate services and several purchase savings will enjoy any arising synergies.
It is quite possible that people often misinterpret what exactly fairness in business, or is it a question of equality; however, as one researches what is fair, that in itself becomes debatable, in fact, this discussion would take volumes to cover the scope of what is fair, what is equality in business (Equality of opportunity. 2018). More so, we can isolate what is "fair" in business to this term, "advantage" (Ferrell, Fraedrich, Ferrell, 2015). Furthermore, can
Kentucky Fried Chicken (KFC) is a popular fast food chicken restaurant chain around the world. (Bell, Shelman, 2011) It is one of the subsidiary of Yum Brand. This company also operates the Pizza Hut and Taco Bell. (Yum! Brands, Inc, 2016) KFC was founded by Harland Sanders in 1952. (Bell, Shelman, 2011) Sanders was successful in creating the brand, even the logo of KFC brand is the portrait of him. He became a notable figure in American history thanks to his great contribution on creating KFC brand. Nowadays, KFC becomes more and more popular, the sales ranking of KFC was the 11th among the worldwide restaurant brands. (The QSR 50, 2015) The sales of KFC in 2014 was 4200 million dollars. (Details in Appendix 1) It means KFC has a large quantities of consumption needs. Actually, KFC has 14,577 restaurants around the world and 70% of them are located outside America (Yum Brand Annual Report, 2015). The restaurant profit was increased year by year from 2013 to 2015. (Details in Appendix 2) Therefore, it is potential to enlarge the customer base by analyzing consumer behaviors.
Golden Valley Foods, Inc. is a 127-year-old company that prepares packages and sells canned and frozen foods which include fruits, vegetables, pickles and condiments. Golden Valley has more than 30 processing plants in operations and annual sales of approximately $650 million. Much of Golden Valley’s management staff comes from their parent company with the previous president saying “The influence of our old parent company is still with us. As long as new products look like they will increase the company’s sales volume, they are introduced. Traditionally, there has been little, if any attention paid to
Management is one of the most important human activities and has critical impact on life, growth, development or destruction of an organisation. In an organisation, managers with any rank or status should understand their basic duties i.e. maintaining a sustainable conductive environment where people can fulfil their commitments and objectives through collaborative approach. (Akhtar, 2011) A manager is responsible to achieve the business’s goals, visions and objectives by planning, organising, leading and controlling. Dubrin (1994) stated that in every organisation each member of staff must plan, organise, make decisions, and control the resources they need to accomplish the results expected