Kfc International Business

As we are all aware of, KCF is a fast food restaurant that specialises in fried chicken and its headquarters is located in Louisville in USA. It is considered the world’s second largest restaurant chain after McDonalds with 18,875 outlets in more than 110 countries and territories as of December 2013, but it is the world’s most popular chicken restaurant. KCF was founded by Harland sanders in the year of 1930. Its first franchise company was opened in Utah in 1952. After the first franchise was opened, KFC started expanding rapidly world-wide, this created a brand image for the company, and their logo became popular and was easily recognised by its external stakeholders. Its strap-line (finger lickin good) defines the deliciousness of their chicken.

Kentucky Fried Chicken is a very famous chain of quick-service chicken restaurant that started from Louisville, Kentucky. The company is became a sub-brand of Yum Brands in the year 2002 and benefitted greatly from the position and brand value of Yum foods. In the past, KFC chain of restaurants grew at a very fast pace and has become today one of the largest chicken restaurants chain in the world.

D2. Under this task I will justify and make recommendations in the KFC Company for improving in validity of the marketing research

Colonel Harland David Sanders was born on the 9th of September 1890, in a four room house located 5 km east of Henryville, Indiana and died on the 16th of December 1980. Colonel was an American businessman, and is the founder of fast food chicken restaurant Kentucky Fried Chicken Aka KFC.

Fast food is the food that requires little preparation before being served. Kentucky Fried Chicken also known as KFC is one of the most innovation and leading fast food restaurant among fast food giants.This essay provides an analysis of the marketing news story which published in February.25.2015, about edible coffee cup which is also called Scoff-ee cup by KFC. This new cup greets plenty of the trends bedevilling the food business today such as product innovation, social responsibility and environmental friendliness. "This type of edible packaging is definitely aligned with the global consumer mind-set in terms of sustainability and simplifying their life," said Shilpa Rosenberry, senior director of global consumer strategy at Daymon Worldwide.

KFC aim and objectives is not only to sell chicken to make money and make a profit, they are to expand more the

Every organizations in this world needs human resource management to control the workers to achieve the company’s goals successfully. Human resource department is the backbone of any organization. Human resource department knows about how to deal with the employee. The main function of human resource department is to maintain the internal communication within the organization. So does KFC. The size of KKC employees is more than 10,000. KFC’s type is subsidiary or business segment. Their revenue is $100 to $500 million USD per year. KFC’s headquarter is located in Louisville, KY. It is founded in 1952. KFC is in industry of restaurants, bars, & food services. The main competitors of KFC here in Malaysia

KFC has a unique pricing strategy that falls solely on their many product lines. Their Value Meals fall into the category of Product Line Pricing. “Where there is a range

Another reason for KFC’s success in China is understanding the changing Chinese culture and the different regional tastes. Chinese middle class are finding it hard to find time to prepare family meals. The Chinese lifestyle is changing and western fast food is considered a healthier option to Chinese fast food. The Chinese people want a change and are tired of Chinese food. Not only did KFC develop a specific menu to address the different regional tastes but altered the facial features of the iconic Colonel Sanders to look more Asian so the Chinese people could relate

Customers is an important justification of a company’s success. Considering the interest of customers and portraying a good image to its customers, it had come out with different variety of meals. For example, the KFC offers kid’s meal which gives children free

The company was founded as Kentucky Fried Chicken by Colonel Harland Sanders in 1952, though the idea of KFC's fried chicken actually goes back to 1930. The company adopted the abbreviated form of its name in 1991. Starting in April 2007,

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.

This phenomenal rate of expansion in China alone is the result of a mixture of Pricing and Marketing strategies specifically designed for the China market. Starting from 1987, the first KFC store was hugely attractive to Chinese citizens. It mainly targeted consumers who are willing to spend more to get a taste of Western cuisine therefore the price of products in the restaurant are above that of normal Chinese food at that time. The first restaurant was a huge success, serving on average 9,000 customers per day and YUM brand was able to break even within the first year.

KFC is a famous restaurant for tourists. It had £ 674 million sales in 2011. It provides a variety of food

The spinning off the restaurant divisions, in my opinion, is a success for PepsiCo. Although Yum! Brands has been a quite successful, thriving company with record setting growth and profitability, I would still support the decision today. PepsiCo had too many oars in the water with the beverage business, the snack business (Frito Lay) and the fast food restaurant business. It could not successfully manage all the diversity it had acquired. I commend the management team’s decision (led by, then President/CFO, Indra Nooyi and now Chairman/CEO) (Fox News 2012) to cut a highly potential part of its business off and to implement a strategy to focus on its main products and their distribution. This strategy has proved to be the right move for this organization. Below is a table which illustrates the fluctuations with the stock price from the first acquisition of Pizza Hut through October 31, 2014 (though the stock price posted on 11/3/2014). You can see that the acquisition years (in yellow) show a negative impact on the stock price, with two of the three being significant. You should also note that, in the year of divesture,