KFC
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Title: KFC

Essay Details:

Subject: Business
Author:
Date: October 30, 2012
Level: University
Grade: A
Length: 5 / 1270

Essay text:

In 1971, Heublein, Inc. acquired KFC, soon after, conflicts erupted between the Colonel (which was working as a public relations and goodwill ambassador) and Heublein management over quality control issues and restaurant cleanliness. In 1977 a "back-to-the-basics" strategy was successfully implemented. By the time KFC was acquired by PepsiCo in 1986, it had grown to approximately 6,600 units in 55 countries and territories. Due to strategic reasons, in 1997 PepsiCo spun off its restaurant businesses (Pizza Hut, Taco Bell and KFC) into a new company called Tricon Global Restaurants, Inc. By the 1990's the fast-food market in the United States was highly competitive, mainly due to the aggressive pace of new restaurant construction during the 1970s and 1980s...

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