Kentucky Fried Chicken.
Title: Kentucky Fried Chicken.
Category: /Business & Economy
Details: Words: 1249 | Pages: 5 (approximately 235 words/page)
Kentucky Fried Chicken.
Category: /Business & Economy
Details: Words: 1249 | Pages: 5 (approximately 235 words/page)
Since its 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
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the largest growing markets. Expansion is not recommended at this time due to the volatility of the economic and political situation in Mexico.The Re-franchising Program, this program will involve the selling of all company owned KFC units, in the country of Mexico, to individual franchisees. This should mitigate risk while still maintaining a steady cash flow from the region. The sale of the 129 company units will take place during a three year time period.