PIZZA HUT AT A GLANCE
Pizza Hut franchisees exemplify the entrepreneurial spirit which launched their system back in 1958. Through interest and initiative, the Pizza Hut system was able to develop new territories both in the United States and overseas. Today, franchisees and joint venture partnerships account for more than half of the Pizza Hut system's total units. Their development on the international front is a good indication of the growth that has characterized our system. Following the opening of the first international restaurant in Canada in 1968, Pizza Hut restaurants quickly appeared in Mexico, South America, Australia, Europe, the Far East and Africa. Today, Pizza Hut operates in 84 countries and territories throughout the world. Pizza Hut first came to Bangladesh in the year 2003.
SIGNIFICANCE OF THE STUDY
In this research paper we have tried to study the ten motivation of organization c tried to identify the opportunities and threats that we face in the organizations of Bangladesh. We have chosen Pizza Hut as our subject of research and how they practice their Organizational Behavior and cope with the issues.
The journey began in 1958, when two college students and brothers from Wichita, USA, Frank and Dan Carney, opened the first Pizza Hut restaurant at their hometown on June 15, 1958. After borrowing $600 from their mother, they purchased some second-hand equipment and rented a small building on a busy intersection in Wichita. The result of their entrepreneurial efforts was the first Pizza Hut restaurant, and the foundation for what would become the largest and most successful pizza restaurant company in the world. Many people ask how Pizza hut got its name. When Carneys were setting up their first restaurant, the building had sign with room for just nine characters. They wanted to use “pizza” in the name, which left room for a word with only three letters. A family member suggested the building looked like a hut and Pizza Hut was born.
Pizza Hut is not only the acknowledged leader of pizza industry worldwide, but it is also the world’s largest pizza chain, with over 12,000 restaurants across 100 countries, employing more than 300,000 people, serving 1.7 million pizzas everyday to more than seven million customers. Pizza Hut is the highest-flying brand of Yum! Restaurants International, which is also the parent company of KFC, Taco Bell, A&W and Long John Silvers. Taking other four brands with Pizza Hut, Yum! Restaurants International makes up the world’s largest restaurant group.
PIZZA HUT IN BANGLADESH
Transcom Foods Limited, a concern of Transcom Group...