Thursday, April 4, 2013

Kentucky Fried Chicken and the Global Fast-Food Industry

Kentucky Fried Chicken (later KFC) in the year 2000 was a family whose primary goal was to increase its expansion in on the whole possible regions of the world as much as possible. This union has obtained such a big position in the fast-food manufacturing that any further step in domestic or foreign market is connected to many different problems that be usually visible by smaller companies (cultural differences, stability of tell apart economy, political situation, etc.)

From the year 1952 when KFC was established to 2000 the company has gone by means of five owners. These owners gave KFC several attributes and experience. The analysis of owners appointed and negative decisions passim the history bunghole help to create the future dodging for the next years. Mr. Colonel Sanders, the founder of KFC, has used two techniques which had a positive influence on the increase of the profit - franchising and product innovation. support owners have used franchising as well but as well added other features of todays KFC - foreign expansion and the entrance of stock exchange. With the trine owner (Heublein, Inc.) we can see negative effects of what can happen if a particular industry experience is missing. collectible to the quality problems the expansion of KFC has decreased but this mistake was truly soon recognized and eliminated. The third owner R.J.Reynolds Industries, Inc.

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have fundamentally no effect on KFC evolution. The black era of KFC started in 1986 when the company was sold to PepsiCo, Inc.. Different corporate strategy and culture, strength measures and changes caused that KFCs financial performances have decreased and in the beginning and in the middle 90s reached the bottom level (operating profit of 4 % sort of of 12 or 17 %, J.Krug, 2001).

By the end of the 90s thanks to counselling decisions operating profit has again increased...

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