kfc vs macdonald
TRANSCRIPT
KARISHMA SHAHROLL NO-111
COMPARETIVEANALYSE OF McDonald’s vs KFC
P.L.SHROFF COLLEGE OF ARTS & COMMERCECHANCHANI
YEAR:- 2012-13
PROJECT GUIDE:
Prof. Mrs.V.S.DAHISARKAR
& Prof. Mr. R.S.MORE
What is STRATEGY MANAGENT ?
Strategy is the overall plan for deploying resources to establish a favorable position.
OBJETIVE :-
To develop an understanding of strategic management concepts
To develop an understanding of evolution of the field of strategic management and business enterprise perspective
IN GENERAL:Convenient /Easy access /Friendly
Reliable/ Fast/Not healthy
For children: fun
For the new markets: western style, cool
INTRODICATIONThe business began in 1940, with a restaurant opened by brothers Richard and Maurice McDonald in San Bernardino, California.
MAIN PRODUCTS McDonald's primarily sells hamburgers,
cheeseburgers, chicken, french fries, breakfast
items, soft drinks, shakes and desserts.Service & Prices
Speed Very Fast
Attitude Polite
Price Cheap
Introduction The company was founded as Kentucky Fried Chicken by Colonel Harland Sanders in 1952 though the idea actually goes back to 1930. Initially his restaurant generally served travelers, often those headed to Florida.So the original idea of KFC was based on selling good enough chicken for acceptable money to occasional customers.
Production KFC primarily sells chicken pieces, wraps, salads and sandwiches. Outside the USA, KFC offers hamburgers or kebabs and other regional fare.
Service & Prices
Speed fast
Attitude plight
Price Little higher
In general: Convenient / Cozy / Easy access
Better quality / for higher price /Not healthy
For the new markets: western style,
prestigious
Conclucation
•KFC needs to re-vamp its vegetarian menu and add more options to it. The fried chickencategory already has more options and varieties as compared to the vegetarian section.
•McDonalds could try to enter the meals category into its menu
•Both companies need to work on their logistics and inventory management (as discussed withBranch managers)
•Need to train their staff better in handling of the cooked food