Principles of Management
Principles of Management
Reporter : Group 02
Gr. 02 Meet our group! Get to know us!
Le Thuy Linh
Au Hai Long
Nguyen T. Uyen
CONTENTS
01 INTRODUCTION
02 OBJECTIVES
03 SWOT
04 ACTIVITIES
05 EXPECTED RESULTS
06 CONCLUSION
01 Let’s find out somethin’ ‘bout KFC’s foundation!
Colonel Harland Sanders, the founder of KFC changed the way Americans ate chicken
KFC, initially used to sell fried chicken from his and posed a serious threat to the existing
roadside restaurant in Kentucky, USA. Colon hamburger culture. Seeing the overwhelming
Sanders, the founder of KFC kept the recipe of KFC then response, Sanders decided to expand further by
his trademark chicken a secret. adopting the franchisee business model.
01
Where is it at?
Who is our target market?
Why we choose this mode of business?
PART 01
How is our demand for the majority of customers?
Where is it at?
It’s located at around VNUA Campus.
Why do we choose this mode of business? When will we operate this mode of business?
STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
Value
Proposition
02 Ambiance and Staff
03 Variety of options
Band name and loyalty
High- As their tagline says “Nobody does chicken like KFC”. KFC makes sure that the quality is not
compromised in any manner in any franchise all over the world. All the raw material goes through
Quality food thorough quality checks. The food is always clean and fresh and prepared from scratch by the cooks in
the kitchen.
Prices KFC makes sure that most of its items can be afforded by the fast-food eating population. However, the
prices vary from location to location due to import duties, etc. They also have Super Meals, Buddy
Meals, and Combo Meals that can fit in your budget and value for money.
Ambiance KFC ensures that the vibe of the restaurant is very family-friendly. The layout, the decor, the music all
help to create a lively and upbeat environment that does not make you want to leave and instead makes
and staff you want to spend more time with your loved ones.
Variety of KFC is constantly trying to come up with new and innovative ways to serve its customers’ needs.
Although KFC specializes in non-vegetarian food, it makes sure to add a couple of items that cater to its
options vegetarian audience too. They try to come up with new dishes that satisfy the local tastes of the people
of that location keeping its original roots intact.
Brand name KFC is very popular and known worldwide for its food and services. It has created a long-standing
loyalty from individual customers and families. Its iconic recipes make you want to go back again and
and loyalty again.
04 ACTIVITIES - Key Partners
01 Franchise Partners
Key
Partners
02 Suppliers and Vendors
03 Marketing Partners
Delivery and Distribution Partners
Franchise Partners Franchise partners are very crucial in KFC’s success. Since they operate the restaurants
they can make or break the brand image and identity. Thus, KFC shall make sure that
it gives franchising licenses to only those food companies and private business owners
whom they trust and they feel will be able to abide by the standards and rules.
Suppliers and Vendors These partners supply the restaurants with raw materials, ingredients, equipment,
and all those things that are necessary for the operating and day-to-day functioning of
the business. It is crucial to tying up with only those suppliers that can provide good
quality goods and services.
Marketing Partners KFC needs to tie up with influencers on social media, celebrities, sports teams,
commercial brands, advertising agencies, and other organizations that help to create a
desire for the product, pique the interest of the customers, generate leads, and
eventually lead to a sale.
Delivery and KFC needs constant support from its logistics partners, delivery agencies, home
delivery services, etc that will help to streamline the process and enhance the
Distribution Partners customer experience.
04 ACTIVITIES - Cost Structure
Cost
Structure
02 operational costs, occupancy costs
PART 05
04 Expected Results
Expectations
Profit Revenue
Cash
flow
120-140 m./month
360-420 m./month ~720 m./quarter Maintain the fixed cash flow,
revenue, profit
inflows > = outflows
06 CONCLUSION
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The company offers multiple weeks of on-the-job The company wants people who are motivated and
training, in addition to classroom training and committed. KFC franchisees can expect hands-on
ongoing support. Some of this support includes involvement with the day-to-day tasks in this
marketing support that complements the award- business. This could be a good option if you are
winning marketing KFC already has. ready to go all-in for a company that values
improvement.
THANK YOU
Thanks a lot for your attendance! Hope y’all had fun!
Reporter : Group 02