Which sociocultural factors have affected KFCs global expansion? (2 Marks)
Compare KFCs growth strategies in the United States versus China. (2 Marks)
Based on you understanding of the BRIC nations, should KFC consider expanding more aggressively into (a) India, (b) Brazil, and (c) Russia? What national features of these countries would provide reasons to support or contradict such an expansion strategy? (2 Marks)
Critical Thinking
Grocery chains such as Abdullah Al-Othaim Markets track consumers purchasing habits through store loyalty cards like Iktisab. These cards collect purchasing data and build consumer profiles. How can grocers like Abdullah Al-Othaim Markets use these data to create value for the firm and consumers? Chapter-10. (2 Marks)
Identify a specific brand of your choice from the local market that has developed a high level of brand equity. What specific aspects of that brand establish its brand equity? Critically examine based on the concepts discussed in Chapter-11. Chapter-11 (2 Marks)
KFC’s Global Expansion: Sociocultural Factors and Growth Strategies
Sociocultural factors affecting KFC’s global expansion:
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Dietary Preferences: KFC has had to adapt its menu to local tastes and preferences. This includes offering vegetarian options in India, incorporating spicy flavors in China, and even offering fish dishes in certain markets.
-
Cultural Values: KFC has had to navigate different cultural norms and values. For example, in some cultures, fried food is considered unhealthy, while in others, it is seen as a treat.
KFC’s Global Expansion: Sociocultural Factors and Growth Strategies
Sociocultural factors affecting KFC’s global expansion:
-
Dietary Preferences: KFC has had to adapt its menu to local tastes and preferences. This includes offering vegetarian options in India, incorporating spicy flavors in China, and even offering fish dishes in certain markets.
-
Cultural Values: KFC has had to navigate different cultural norms and values. For example, in some cultures, fried food is considered unhealthy, while in others, it is seen as a treat.