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Kentucky Fried chiecken's success in Asia dramatizes the case for becoming a global firm. While KFC's market share in the United States has fallen because of American's interest in reducing their consumption of fried foods, KFC has become the fast-food leader in China, South Korea, Malaysia, Thailand, and Indonesia. In Japan and Singapore, it is second only to McDonald's. It is more than 1, 470 foreign outlets average $1.2 million in revenue per store, about 60% more than it's average U.S store. In Tiananmen Square, KFC operates its busiest outlet - a 701 - seat restaurant serving 2.5 million customers a year. In general, KFC's Asian outlets appeal to young, middle class, urban workers with rising incomes KFC's Asian restaurants serve basically its standard fried chicken, mashed potatoes, and coleslaw but have also offered a few adaptations, such as a spicier chicken in Thailand and chicken curry in Japan. KFC offers no beef or pork products, which are not generally consumed by the people in Asian countries. What other U.S companies in food business do you think would appeal to the markets that KFC is serving? Why? What are some of the cultural, linguistic, or technological barriers that U.S exporters would have to overcome to be successful in these markets?
In 2003, the maximum tax rate on dividends and capital gains is 15%. Andrew, who is in the 35% ordinary income tax bracket, purchased 100,000 shares of stock at $50 per share in January 2003. Dividends of $0.50 per share were paid in April and Septem..
A chemical factory is situated next to a farm. Airborne emissions from the chemical factory damaged the crops on the farm. Using the marginal benefits and costs schedule above, plot a graph that shows the interaction between benefits to the factory ..
How does one assess and determine the performance of an economy (any economy)? And more specifically, what criteria are commonly used to do so?
q.suppose you know that chateau mulls mrt of wine for garbage was 21 it would require the creation of 2 additional bags
Suppose a public referendum is being held on whether or not to levy a tax on cigarettes. Currently, the supply of cigarettes is given by Qs = -120 + 28P. You estimate the demand for cigarettes to be Qd = 200 - 4P. What is the price elasticity of dema..
A firm that is considering one independent project should accept it if
EverKleen Pool Services provides weekly swimming pool maintenance in Atlanta. Dozens of firms provide this service. The service is standardized; each company cleans the pool and maintains the proper levels of chemicals in the water. At what output le..
What are the differences between a tariff and a quota? Why are quotas considered a greater threat to competition than tariffs? How do the effects of a voluntary restraint agreement differ from a tariff?
The unemployment rate of western states is 5.2%, for eastern states it is 5.8%, for southern states it is 5.5%, and for Midwestern states it is 5.9%. The western states comprise 12% of the labor force, the eastern states comprise 21% of the labor for..
A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. Give the profit after calculating the profit-maximizing price and quantity. ..
Write equations for the equilibrium price and quantity as a function of a specific tax (t) assume the tax is paid by producers equilibrium price( as a function of tax t ) is _____?
Discuss the sanctions on Russia over Ukraine by US and European countries and Russia's retaliations. Discuss the impacts on US, European countries, and Russian economies.
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