...Summary: Jollibee ,which was a Filipino chain of restaurants, was forced to change their strategy with the entry of McDonalds in Philippines, which later transformed the company into a global company .The company faced serious challenges with their international exposure. The challenges included the conflicts with franchisees and Joint venture, in addition there is conflicts between divisions. Another issue that the company faced was the entry into Papa New Guinea, United States of America and expansion plans in Hong Kong. The company has to consider the financial instability it faces while considering their plans. SWOT Analysis: Strength * Leadership in Philippine market. * Strong financial resources * Variety of products offered in diverse markets. Weakness * Absence of proper methods to select franchisees. * Lack on in-depth planning and research in the expansion to foreign markets. * Poor co-ordination between the national and international units. Opportunity * Untapped locations with fewer or negligible competition from fast food chains. * Can create differentiation by cost advantage, customer experience and etc. * Widen product range to include more local food items. Threats * Competition from both international companies and other local eateries. * Political instability. * Downturn in Economy. * Rise in operational cost. Strategic analysis and recommendations in Papua New Guinea, Hong Kong and California: ...
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...for Jollibee into Australia Table of Contents Executive Summary 2 Introduction 4 The Jollibee Phenomenon 4 Overseas Expansion and Modes of Entries 4 Company Analysis 5 Values – Mission – Vision 5 Distinctive competence 8 Foreign Market Analysis 9 The Australian Economy 9 Legal and Political Environment 9 Entry mode selection 11 Conclusion and recommendations 14 Reference list 17 Executive Summary Jollibee Foods Corporation (JFC) is a highly successful Philippines’ based food services company that operates over 1,700 stores locally and internationally. JFC has developed its international business over three distinct strategies. Its corporate strategy is one of related diversification into the fast food, restaurant and bakery sectors of the food industry. Its international business strategy focuses on establishing market share by acquisition, joint venture and franchising, often by initially targeting high Filipino population centres, and also in differentiation by localizing their menus to suit various cultural tastes in all their overseas markets (Jollibee 2009a). JFC has successfully adopted a transnational strategy being able to combine the benefits of global scale efficiencies in its regional management business model with the benefits of local responsiveness by adapting for local tastes. It depends on an integrated network and teamwork to drive the needs of the marketplace and the need to be competitive (Jollibee 2008)...
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...Monica A. Tran, 16478025 Section 1, February 3, 2005 EXECUTIVE SUMMARY Jollibee was able to attain a competitive advantage over McDonald’s by doing two things: (1) Retaining tight control over operations management, which allowed it to price below its competitor and (2) Having the flexibility to cater to the tastes of its local consumers. While Tony Kitchner was hired to develop these competitive advantages abroad, his international strategy of “planting the flag” and “targeting expats” was executed haphazardly and resulted in losses for the firm. His eventual dismissal was largely due to his inability to manage intra-firm tensions. The arrival of Noli Tingzon marks a critical juncture for Jollibee, where it will begin entering the US market. The key to Jollibee’s success in Daly City will be its ability to find a local partner that can leverage its organizational advantage, while navigating the challenges of conducting business in the United States. I. Creating Competitive Advantages in the Filipino market Jollibee’s success in its home market developed as a result of its ability to better meet the needs of the Filipino customer. Although its success was mediated by the political and economic crises of 1983, Jollibee was still able to deliver a product that was both cheaper and better tasting than that of McDonald’s. The ability of Jollibee to adopt its menu to local tastes, as well as the “5 Fs” of its operations management are two organizational...
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...Executive Summary Founded in 1975, Jollibee Foods Corporation became one of the biggest restaurant chains in the Philippines. Jollibee offered American style fast food that was prepared according to Filipino taste. Jollibee became a sensation in the Philippines and a regular destination for the locals. However, Jollibee decided to go international, with hopes of expanding fast food operations into Asia. This analysis explains how competition influenced Jollibee’s domestic and international strategy, which later transformed the company into a global company .The company faced serious challenges with their international expansion. While early growth was prosperous and plentiful, but challenges arouse included conflicts with individual franchisees and conflicts between corporate divisions. This analysis first details Tony Kitchner's three years as the head of Jollibee's International Department. Secondly, describes the situation and company climate in which Noli Tingzon steps into immediately after his promotion. Next, is a brief description of Jollibee's mentality of Internationalization Jollibee Foods tends to try and follow. Finally, in question four there is an analysis of the three investment options available for Noli Tingzon to pursue as well as a recommendation for future expansion. 1.) Tony Kitchner came to Jollibee in 1994 to take charge of the International Division, and it seemed that he was successful over his three year tenure. There was clear expansion and...
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...IM for Lovelock & Wirtz, Services Marketing 6/e Teaching Notes for Cases - Section 5 45 CASE 6 AUSSIE POOCH MOBILE OVERVIEW After creating a mobile service that washes dogs outside their owners’ homes, a young entrepreneur has successfully franchised the concept. Her firm now has more than 100 franchisees in many parts of Australia, as well as a few in other countries. In early 2002, she and her management team were debating how best to plan future expansion. STUDY QUESTIONS How did Christine Taylor succeed in evolving the local dog-washing service she developed as a teenager into an international franchise business? ________________________________________________________________________ Note: All financial data are in Australian dollars (AUD), whose exchange value in 2003 at the time of the case was USD 0.57 = EUR 0.58 = GBP 0.41. [More recent exchange rates reflect a sharp drop in the value of the U.S. dollar against the Australian dollar, euro (EUR), and pound sterling (GBP). By late 2006, AUD 1.00 = USD 0.76 = EUR 0.60 = GBP 0.40). These changes in exchange rates would not affect decisions by APM on expansion within Australia but could have an impact on the relative attractiveness of future investments in, say, the UK versus the U.S.] 1. © 2004, 2007 Christopher H. Lovelock 2. Compare and contrast the tasks involved in recruiting new customers and recruiting new franchisees. From a franchisee’s perspective, what are the key benefits of belonging...
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...Chapter 1 Internet Exercise: Global Competition in Fast Food Jollibee Corporation plans to expand in the US. They currently do not have a time line. They say that they want to be involved with something that is already growing. Their currently operation in the US has been very profitable with a growing 9.9 % in 2013. Their long term plan is to have continuous store expansions and acquisitions of several more brands abroad and to be number one in Asia. McDonalds on the other hand plans to continue to expand in China. They plan to increase from 300 to 2000 stores on the mainland this year. With the increase that McDonalds is planning, increasing their employees in the world’s second largest economy by 83 %. Yum! Brands is extremely large and has over 40,000 restaurants and in more than 125 countries and territories. Yums has been around much longer that McDonalds and Jollibee and have several restaurant brands like KFC, Pizza Hut and Taco Bell. 1. Which of these companies seems best positioned in Southeast Asia? Based on what I have read, I believe the Asian based companies are in a better position. Jollibee base their products on what the culture is and has made an impact on slowing other companies. 2. What advantages might a “local” brand like Jollibee have over the global companies? What advantages to the global MNCs have? Local companies are locally owned and cater to the foods that the people eat in that country given them a much larger advantage...
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...IM for Lovelock & Wirtz, Services Marketing 6/e Teaching Notes for Cases - Section 5 45 CASE 6 AUSSIE POOCH MOBILE OVERVIEW After creating a mobile service that washes dogs outside their owners’ homes, a young entrepreneur has successfully franchised the concept. Her firm now has more than 100 franchisees in many parts of Australia, as well as a few in other countries. In early 2002, she and her management team were debating how best to plan future expansion. STUDY QUESTIONS How did Christine Taylor succeed in evolving the local dog-washing service she developed as a teenager into an international franchise business? ________________________________________________________________________ Note: All financial data are in Australian dollars (AUD), whose exchange value in 2003 at the time of the case was USD 0.57 = EUR 0.58 = GBP 0.41. [More recent exchange rates reflect a sharp drop in the value of the U.S. dollar against the Australian dollar, euro (EUR), and pound sterling (GBP). By late 2006, AUD 1.00 = USD 0.76 = EUR 0.60 = GBP 0.40). These changes in exchange rates would not affect decisions by APM on expansion within Australia but could have an impact on the relative attractiveness of future investments in, say, the UK versus the U.S.] 1. © 2004, 2007 Christopher H. Lovelock 2. Compare and contrast the tasks involved in recruiting new customers and recruiting new franchisees. From a franchisee’s perspective, what are the key benefits of belonging...
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...BUSINESS FRANCHISING Top International Franchises Top National Franchises Submitted by: GERARD ANDREI B. DEINLA BSBA MARKETING MANAGEMENT Submitted to: DR. EDITH S. BUNUAN PROFESSOR IN BUSINESS FRANCHISING Top 10 International Franchises of 2014 The results of Entrepreneur's 35th annual Franchise 500 confirm that franchising continues to rebound, with these top 10 franchises leading the way. Here we highlight their success strategies and plans for the upcoming year. 1 Anytime Fitness Some 50.2 million Americans belonged to health clubs in 2012, according to the International Health, Racquet & Sportsclub Association. Today, about 1.9 million are Anytime Fitness members--a huge piece of the pie that's getting bigger every year. And it's safe to say that the 24-hour gym's clients, employees and franchisees are among the most enthusiastic people in the fitness industry. That's because the roughly 2,500 anytime clubs focus on people and culture. The company carefully selects its employees and treats them well, committed to the idea that a workplace should develop and challenge, not be stagnant or boring. Clients, meanwhile, appreciate the convenience of 24-hour accessibility to the small gyms--typically 2,500 to 5,000 square feet--whose staff and personal trainers take an interest and encourage them to push themselves. 2 Hampton Hotels Consider Hampton the U.S. ambassador of the hotel business. The company, which counts more than 1,900 units worldwide, has...
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...# of McDonalds stores http://www.nationmaster.com/graph/foo_mcd_res-food-mcdonalds-restaurants countries w/o McDonalds http://www.enotes.com/topic/List_of_countries_with_McDonald%27s_franchises#Countries_without_McDonald.27s_locations Countries without McDonald's locations Ask Yahoo! compared the United States Department of State's list of independent states to a list of franchises on the McDonald's website, and derived that the following countries don't have McDonald's locations.[7] LATIN AMERICA AND THE CARIBBEAN (15 out of 35 countries) • Antigua and Barbuda, Barbados, Belize, Bolivia, Bermuda, Dominica, Grenada, Guyana, Haiti, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Barthélemy, Saint Vincent and the Grenadines and Trinidad and Tobago In addition there is a McDonald's restaurant in the Guantanamo Bay Naval Base, land leased from Cuba that hosts a US Naval facility. NORTH AMERICA (1 out of 23 countries) • Greenland EUROPE (5 out of 46 countries) • Albania, Armenia, Bosnia and Herzegovina, Iceland, and the Vatican City. THE MIDDLE EAST AND NORTH AFRICA (4 out of 19 countries) • Syria, Tunisia, and Western Sahara. ASIA (18 out of 46 countries) • Afghanistan, Bangladesh, Bhutan, Burma (also known as Myanmar), Cambodia, Iran, Kazakhstan, Kyrgyzstan, Laos, Maldives, Mongolia, Nepal, North Korea, Palestine, Tajikistan, Timor-Leste, Turkmenistan, Uzbekistan and Vietnam SUB-SAHARAN AFRICA (46 out of 53 countries) • Angola, Benin, Burkina Faso, Burundi, Cameroon...
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...special sauces and spices to enhance the taste. Fish Sarciado (*3) Inahaw na Bangus (*4) Rellenong Alimasag (*5) Popular seafood dishes: (*3)( *4) (*5) * Fish Sarciado (Fried Fish Steaks) * Inahaw na Bangus (Stuffed Grilled Milkfish) * Rellenong Alimasag (Stuffed Crabs) For those who dislike seafood, the Philippines are also especially well known for their delicious roasted pigs. (Roasted Pigs in Philippines (*6)) Need something quick? The Philippines are home to one of the largest fast food chains in the world, Jollibee. Picture of a Jollibee fast food chain in Santa Maria (*7)) Sports Boxing The number one watched sport in the Phillippines is boxing. This is largely in part due to the success of Phillippines’ own Manny Pacquiao, the current Ring Magazine #1 pound for pound fighter in the world. Make sure you are a fan of him when talking to the locals. While boxing is the most famous and watched sport in the Philippines, other sports such as basketball, jai alai, and cockfighting are the most popular played sports...
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...fast food chain in Vietnam Fast food culture was initially imported to Vietnam in 1994 with the birth of the first restaurant named Chicken Texas on Nguyen Trai Street, District 1, Saigon. Gradually, a queue of foreign fast food jumbos have landed onto Vietnam and dominated the market with the everyday-seen names like KFC, Lotteria, Jollibee…They have helped shape up fast food culture with western style in the country that has been globally emerging at an amazing speed . A critical question is then raised that why we do not have pure Vietnamese fast food mode for Vietnamese people. Later, some Vietnamese brand names were with great effort introduced like Pho 24, Kinh Do Bakery, Wrap and Roll… However, insiders do not consider these names typical fast food vein. Mr. Truong Han Lam, Marketing Director of Lotteria commented that Kinh Do Bakery business was not a fast food model. Mr. Ly Qui Trung –Founder of Pho 24- added that the existing Vietnamese names were following a quick service mode, not fast food form. Owner of Wrap and Roll, Ms Kim Oanh, admitted that hers was a restaurant form, not fast food (”KFC, Lotteria, Jollibee,” 2012). In order to answer the question if there are any real Vietnamese fast food models, a definition of fast food needs being made clear. According to Oxford dictionary, fast food is an “easily prepared processed food served in snack bars and restaurants as a quick meal or to be taken away” (Fast food, 2013). Or “Fast food is the term...
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...Christian Colleges of Southeast Asia Tulip Drive near corner Quimpo Boulevard, Juna Subdivision, Matina, Davao City F E A S I B I L I T Y S T U D Y VEGETABLE FRIES IN A JAR BUSINESS PLAN SUBMITTED BY: PARENO, JAY JONES VILLANUEVA, ANGEL ACITA, KAREEN LANGOYAN, JENA SANGRIA, TRACY HITGANO, ARJEAN JAO, JOHN MARK VENCER SUBMITTED TO: PROF. WILBORN SEPULVEDA ENTREPRENEURIAL MANAGEMENT PROFESSOR September 8, 2015 PURPOSE OF THE FEASIBILITY The purpose of making this feasibility study for our business plan of VEGETABLE FRIES IN A JAR is to introduce it to the market and determine whether it is feasible to launch or not. This business plan can give substantial and factual information on the undertaken project based on the extensive research conducted on this program. This also provides information on the organization structure and management of the program and the one who undertake the project. Financial aspects, operational, human resource and marketing aspects are all conducted on this project to identify and qualify this project for potentially making it as a new venture. EXECUTIVE SUMMARY This feasibility study tells about the proposed business plan of our company the Zion Foods Company to introduce to the market the product called the vegetable fries in a jar to determine whether this new venture is potential for gaining popularity and profit and make it available to the market. This business plan will tell whether this project is good or not. This feasibility study...
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...TABLE OF CONTENTS 1. Introduction of KFC....................................................................................................2 2. Operations of KFC.......................................................................................................3 3. SWOT analysis.............................................................................................................5 1. Strengths...........................................................................................................5 2. Weaknesses.......................................................................................................7 3. Opportunities....................................................................................................8 4. Threats..............................................................................................................9 4. Positioning..................................................................................................................10 5. Conclusion..................................................................................................................14 References........................................................................................................................15 1. INTRODUCTION OF KFC KFC Corporation, based in Louisville – Kentucky, is the internationally most famous restaurant chain...
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...MCDONALD’S IN VIETNAM By Ayodeji Akin Abiri Table of Contents Abstract 1.0 Introduction 3 1.1 Background note 4 1.2 Global Strategy 5 2.0 McDonald’s In Vietnam 8 2.1 Entry Strategy 9 2.2 PESTEL analysis of Vietnam 9 2.3 SWOT analysis of HCM city 11 2.4 Expansion strategy 12 2.5 Franchising in Vietnam 13 2.6 Drive-thru restaurants 13 2.7 Localization strategy 13 3.0 Competition & challenges 14 3.1 Recommendations 15 3.2 Conclusion 15 Exhibit I 16 Exhibit II 18 Exhibit III 29 References 32 McDonald Enters Vietnam Abstract This paper analyzes the globalization options for McDonald’s by going into Vietnam. The paper explores McDonald’s global strategy as well as its expansion strategy. Aside from the globalization evaluation, this study also examines the entry mode in Vietnam. In the concluding sections, I was able to outline the challenges and recommendations for McDonald’s. Key words: globalization, strategy, fast food, expansion 1.0 Introduction McDonald’s Corporation is the world’s largest hamburger fast food chains which serves up to 64 million customers daily. McDonald’s annual report in 2007 revealed...
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...MASTER OF BUSINESS ADMINISTRATION MARKETING MANAGEMENT ASSIGNMENT ((( | | |TOPIC: | |SWOT ANALYSIS OF | |BURGER KING VIETNAM | | | | | | | | | | | | ...
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