GD TOPICS The Economy How the stock market works The foreign exchange rate‚ liquidity‚ basic economic theory Economic reforms in India How banking works; common banking terms Know how the stock market works – bonds‚ investment‚ etc. The global economic scenario Derivatives trading Scandals such as Enron‚ Worldcomm‚ Arthur Andersen and the Sarbanes-Oxley Act. The role of technology in business The pros and cons of globalization Emerging communication technologies Foreign exchange rates‚ convertibility
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inception‚ KFC has evolved through several different organizational changes. These changes were brought about due to the changes of ownership that followed since Colonel Sanders first sold KFC in 1964. In 1964‚ KFC was sold to a small group of investors that eventually took it public. Heublein‚ Inc‚ purchased KFC in 1971 and was highly involved in the day to day operations. R.J. Reynolds then acquired Heublein in 1982. R.J. took a more laid back approach and allowed business as usual at KFC. Finally
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GD Topics • How to Deal with High Oil Prices? • Multinational Corporations: Are they Devils in Disguise? • Are Indians Less Quality Conscious? • Ethics in Business are just a Passing Fad • Is the Consumer really the King in India? • Commercialization of Health Care: Good or Bad? • Is there any Point in having a Business Strategy when the World changes from Month to Month? • Is the Patents Bill Good for India? • Is the Business of Business only Business? • Public Sector being a
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interesting how difficult it is for KFC and other restaurants in other segments of the industry to maintain market share control price because of the amount of competition and rivalry. The restaurants face competition within their segment and with the other segments in the industry. This‚ along with the NAFTA agreement‚ has given opportunity for industry leaders‚ including KFC‚ to expand more aggressively in Latin America. Threat of New Entrants This force is weak. KFC has economies of scale holding
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About KFC Colonel Harland Sanders‚ born September 9‚ 1890‚ actively began franchising his chicken business at the age of 65. Now‚ the KFC® business he started has grown to be one of the largest quick service food service systems in the world. And Colonel Sanders‚ a quick service restaurant pioneer‚ has become a symbol of entrepreneurial spirit. More than a billion of the Colonel’s "finger lickin’ good" chicken dinners are served annually. And not just in North America. The Colonel’s cooking is
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the questions as part of your participation grade. Be prepared to present your assigned group’s answers to class‚ which is based on the number assigned to you on the Attendance Sheet and the corresponding numbered section of questions below. Discussion Group 5‚ present questions 1 - 9: (1) The Nuer live where? Their country borders which other countries? Which other people do they live near? The Beginning 2) What is their cosmology story? (What are the gendered and symbolic aspects of this creation
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and effective. Brothers spent much time elaborating the layout of the kitchen in their first restaurant‚ so they achieved the goal. Inspire of the fact that later they sold their business and their family no longer the owners of it‚ nowadays mcdonalds have the same efficient system of production and sales that it is able to introduce and maintain all over the world using different strategies and methods. External Environment External environment is a bunch of various outward forces that may
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What effect has Groupthink had on discussion in groups and teams in your experience. For politeness sake‚ I will avoid naming the location and people involved in this. The worst cause of groupthink I have been in was when I went to church summer camp. I was not‚ and still not‚ an outdoorsy person. I loved air conditioning‚ I loved my books‚ and I loved my privacy. I was stuck in a room with five other girls‚ all older than me. These girls were clearly close friends. Since I had no friends at camp;
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McDonalds has a wider variety here with products starting from as low as Rs 20‚ while KFC has not been able to match that . McDonalds has set up its own supply chain investing huge amount which leads to lower costs and prices. The USP of McDonald’s was cheap fast food‚ and the company’s signature product‚ the Big Mac hamburger was considered an American icon. rior to its launch‚ the company invested four years to develop its unique cold chain‚ which has brought about a veritable revolution in
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strategy? Which cross-border synergies can KFC reap and how locally responsive is the company? KFC’s international composition provides an exemplary mix of international entry strategies. The company enters a foreign market either by a greenfield entry by establishing a company-owned foreign subsidiary (21 %) or by a joint venture (10 %) (figure 10.2 in the book). However‚ in most of the cases‚ KFC expands it global franchise-network (69 %). In Latin America‚ KFC illustrates this mix‚ too. The entries
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