Preview

Merger: Fast Food and Red Ribbon

Powerful Essays
Open Document
Open Document
1188 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Merger: Fast Food and Red Ribbon
Research Paper
In
FINAMAN

“JOLLIBEE – RED RIBBON MERGER”

Submitted by :
Pauline M. Reyes
TM111

Submitted to :
Ms. Bola

I. Introduction
Jollibee Food Corporation continues to create lasting and memorable moments with family and friends as it shares the joy of eating locally and around the world. With its store network exponentially growing in numbers, JFC has set its sights on bigger dreams for future expansions. JFC seizes the dream of putting up each brand in interesting key locations across the globe, to delight the diverse palates of the international market. Visualizing these aspirations with artistic renderings, JFC shares its imagination and bold dreams towards its Drive to A Greater Future.

2011 WAS A BANNER YEAR for Jollibee’s international operations as it further strengthened its foothold in the global fast food landscape and solidified its image as one of the fastest growing international brands. Total international store network stood at 78 by yearend representing a 16.4% growth from 2010.

II. Company Profile
Jollibee Foods Corporation • Jollibee was founded by Tony Tan and his family with its humble beginnings as an Ice Cream Parlor which later grew into an emerging global brand. At the heart of its success is a family-oriented approach to personnel management, making Jollibee one of the most admired employers in the region with an Employer of the Year Award from the Personnel Management Association of the Philippines, Best Employer in the Philippines Award from Hewitt Associated and a Top 20 Employer in Asia citation from the Asian Wall Street Journal. Aside from promoting a family oriented work environment, the brand’s values also reflect on their advertising and marketing. Jollibee knows their target audience very well: the traditional family and all communication materials focus on the importance of family values, making Jollibee the number one family fast food chain in the Philippines

You May Also Find These Documents Helpful

  • Better Essays

    Each of our locations is located in an exclusive upscale neighborhood, which offers relaxation to our customers for being in a clean and safe environment. Each location is approximately 16,000 square feet of retail space, which allow us to demonstrate cooking, preparing and tasting our products. “The stores are stocked with the very best domestic and imported foodstuffs and divided into the following departments: Fresh Bakery and Pastries; Fresh Produce; Fresh Meat & Seafood; Condiments and Packaged Foods; Cheese’s and Specialty Dairy Products” (rEsources, 2008). We have a marketing strategy to increase loyalty and profitability of our consumers.…

    • 1196 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The concept of customized, friendly and healthy fast food has never been seen across the chain or franchise. There are more strengths and opportunities than weakness and threats indicating that the company has the potential to even grow and expand further based on the principles and planning that it has followed.…

    • 1387 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Energy and overall efficiency are important attributes that Fatburger executives weigh when purchasing foodservice equipment. The chain feels these attributes should go hand in hand instead of being mutually exclusive.And the innovative restaurant chain knows it can't rest on its laurels, which is why Fatburger updated its front and back of house and its menu. The net result is more streamlined operations that allow Fatburger to better navigate the economic currents of the day. "We are a quick-casual burger restaurant designed around the localities we're in," says James Newell, vice president of operations. "Our original concept was a hamburger stand, but we've recently moved away from that to a more upscale design."…

    • 881 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Jollibee Foods Corporation (JFC) is banking on franchising and overseas expansion to continuously boost its earnings in the long run. The aggressive expansion program is in line with doubling the company’s earnings in 5 years, company officials said.…

    • 3502 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Jollibee Case

    • 2212 Words
    • 9 Pages

    Jollibee was able to build its dominant position in fast food in the Philippines for a number of reasons. The company had its roots in the food industry in the Philippines early on with the ice cream business, so the entry barrier into fast food was very low. It was a smooth transition from being ice cream only to fast food after the oil crisis in 1977. This transition was also aided by using a recipe that was developed in the Philippines and was appealing to the markets that were serviced by Jollibee’s. This would eventually be a contributing factor in the competitive advantage Jollibee held over McDonald’s in it’s the Philippins. Jollibee also built itself around the solid foundation of the “Five F’s”. Friendliness, flavorful food, fun atmosphere, flexibility and focus on families summed up Jollibee’s philosophy and allowed for Jollibee to become a recognizable brand throughout the Philippines. The operations and marketing strategies employed by the company can be credited with establishing a dominant position through the previously mentioned actions.…

    • 2212 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Jollibee Foods

    • 387 Words
    • 2 Pages

    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 both cheaper and better tasting than that of McDonald’s.…

    • 387 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Jollibee, a fast food chain, based in Philippines was able to obtain a competitive advantage in its local market by keeping tight control over the operations and catering to the taste and appetite of the local people. With the success in the home country, the company then expanded its operations into other countries under the leadership of Tony Kitchner.…

    • 807 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Jollibee Case

    • 2617 Words
    • 11 Pages

    There were several contributing factors in Jollibee’s rise to a dominant position in the Philippines fast food market. Because they were already doing business in the food industry, the entry barrier was low in making the shift to fast food. Additionally, the recipe was developed locally using culturally desirable ingredients destined to satisfy the taste buds of the patronage. The brand was quickly developed using the “Five F’s” that were Jollibee’s business philosophy: Flavorful Food, Fun, Flexibility, and Families. Jollibee’s ability to offer all of these benefits at an affordable price led the company to this dominant position. Furthermore, since Jollibee was portrayed as a company with a friendly atmosphere and operations similar to that of a “beehive,” they created a bee mascot which became popular to a point that children flocked to it when seen in public – an operations and marketing strategy which supported an increase in brand recognition and foundation for dominant market share.…

    • 2617 Words
    • 11 Pages
    Good Essays
  • Satisfactory Essays

    Jollibee Foods Corporation (JFC) was incorporated on January 28, 1978. JFC's principal business is the development, operation, and franchising of quick-service restaurants under the trade name "Jollibee". In the Philippines, JFC also has, as subsidiaries, Fresh N' Famous Foods, Inc., which develops, operates and franchises quick-service restaurants under the trade names "Chowking"; "Greenwich"; Red Ribbon Bakeshop, Inc., which develops, operates and franchises restaurants under the "Red Ribbon" trade name; Mang Inasal Phils., Inc. (MIPI), which develops, operates and franchises restaurants under the "Mang Inasal" trade name; and Perf Restaurants, Inc., which franchises restaurants under the "Burger King" trademark in the Philippines. JFC also has subsidiaries and affiliates overseas which develop and operate its international brands, "Yonghe King", "Hongzhuangyuan", "San Pin Wang" brands under the Super Foods Group, and most recently, "12 Sabu".…

    • 407 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Jollibee

    • 5268 Words
    • 22 Pages

    Jollibee Food Corporation is the epitome of entrepreneurial success in the Philippines. What started as an ice cream parlor had spawned into a national brand that even the likes of McDonalds cannot top. At present, Jollibee has established a global presence with the opening of stores in countries such as the US, Hongkong, Guam, Brunei and Vietnam, just to name a few.…

    • 5268 Words
    • 22 Pages
    Good Essays
  • Best Essays

    Mr Tan

    • 2340 Words
    • 10 Pages

    References: Chae, S. (2007). Jollibee serves up fast food, Filipino-style: Chicken, rice noodles a nice change. Tribune Business News, November 8. Cuevas-Miel, L. (2008). Fast-food giant plans new round of price hikes. Tribune Business News, May 15. Jollibee Foods Corporation Annual Report 2009. Lopez, T. (2007). Virtual Reality: McDo vs. Jollibee. The Manila Times, August 14. Rubio, R. (2007). Jollibee ventures into karinderia concept. BusinessWorld, July 25. http://finance.yahoo.com/currency/convert?from=USD&to=PHP&amt=1&t=5y. Retrieved December 10, 2010. http://www.imf.org/external/pubs/ft/weo/2010/01/weodata/index.aspx. Retrieved February 28, 2011. http://www.jollibee.com.ph. Retrieved February 22, 2011. http://www.state.gov. Country Background Notes: Philippines. Retrieved February 25, 2011.…

    • 2340 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Tony Kitchner has a definite objective that increase the pace of international expansion with the objective of making Jollibee one of the world’s top ten fast food brands by 2000.…

    • 631 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Jollibee

    • 1163 Words
    • 5 Pages

    1. Jollibee was able to build the dominant position in fast food in the Philippines because it was based on “Five Fs”: friendliness, flavorful food, fun atmosphere, flexibility in catering, and focus, which fitted the Filipino customer’s habit. Additionally, since it was a local brand, it understood the customers well. For example, it offered spicy burgers that McDonald couldn’t offer. Furthermore, the political and economic crisis that occurred in 1983 led most foreign investors and competitors, such as McDonald to slow down the expansion in Philippine. During this crisis, Jollibee broadened its menu by offering various kinds of food that matched local tastes and built more stores all around Philippine. This subsequent growth and strong dominance prevented McDonald to expand.…

    • 1163 Words
    • 5 Pages
    Good Essays
  • Good Essays

    As the corporation grew, so did its potential for reaching more people. With this realization, Jollibee Foundation was established in December 2004 to make giving back an organized corporate commitment. It aims to invest in people and help them succeed in the way Jollibee knows how. This meant taking the values, the system, the tools, and the years of experience that has made Jollibee what it is today and sharing it with the people they most ascribe their successes to: the everyday Filipino.…

    • 568 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Dasfasdfa

    • 2015 Words
    • 9 Pages

    Just got word from Manolo Almagro, Head of the Digital Team at Jollibee Foods Corporation that the company is launching the e-commerce initiative of the 4 brands in coming months. It will start with Chowking (soft launch on March 31) andJollibee (soft launch on April 19). Followed by Greenwich and finally Red Ribbon(both will have soft launch schedule sometime this May).…

    • 2015 Words
    • 9 Pages
    Good Essays