Professional Documents
Culture Documents
Accepted and approval in partial fulfillment of the requirements for the degree
BACHELOR IN SCIENCE AND BUSINESS ADMINISTRATION major in FINANCIAL
MANAGEMENT.
Strategic Paper
Presented to the Faculty of
College of Business and Accountancy
University of Caloocan City
Camarin, Campus
ACKNOWLEDGEMENT
Making this study will not be possible without the help and support given to us by the
persons who we cherished and care the most.
To our parents, for their undying love, support and care theyve given to us. Without
them we would not have reach this far. Theyre the one whose responsible bringing us
to what we are now.
To our professor, Dr. Isaias Borres for teaching us how to be responsible in doing this
Corporate Strategy Paper and for guiding us on the right path. Without him, we may not
be able to accomplish this study with retentiveness.
To our classmates and friends from FMGT 4th year, especially to all the 2dianz for
always being there to serve us our constant companions. The things we shared are
really overwhelming that without you guys this would have been impossible. You are the
best guys!
DEDICATION
We dedicate this to all the people who become part of our life. Especially to the
persons whos always there and very supportive in all our undertakings.
Most of all, we would like to dedicate this to our Lord.
TABLE OF CONTENTS
EXECUTIVE SUMMARY
Objective
Brief Methodology
Major Findings
ii
ii
Methodology
Goals
Organization Structure
History
10
12
12
12
Technological
13
Economic
14
Political
15
Industry Analysis
18
18
19
19
19
20
Competitive analysis
20
Grouping of competitors
21
Strategic mapping
24
25
25
25
Function Analysis
26
Marketing
26
Production
29
Finance
30
Human Resource
35
35
37
Strengths
37
Weakness
37
Opportunities
37
Threats
37
38
Grand strategies
38
Generic strategies
39
Functional strategies
40
41
42
BIBLIOGRAPHY
43
Executive Summary
Objectives
The importance of this study is to give an idea about why Jollibee Food
Corporation to be the best tasting QSR in the Philippines. Now a days JFC plays a big
part in choosing what is the best fast food chain to be chosen by the Filipino community.
And also in order for us to be knowledgeable why it is the no. 1 fast food even though
theres a lot of foreign resto existing like McDonald in our country.
This study is conducted to be able to know what is the strategic plan used by
JFC to be survive even there is economic crisis and also to helps other entrepreneur on
how to operate their own business effectively.
Brief methodology
We conducted this research study by searching the official website of Jollibee
Food Corporation on www.jollibee.com.ph for some important information regarding on
their current status, their history, and achievements. Some other data had been
gathered by doing some interview on their former JFC crew for their previous
experience working in Jollibee.
For their current financial status we got their financial statement to Security and
Exchange Commission which is JFC is registered. We also tried to be their customer for
us to observe and to find some improvement needed by JFC.
Major findings
The Jollibee Foods Corporation is holding the biggest market share when it
comes in food industry and because of this many company are rising and now entering
the market. The taste preferences of their customer changes and if make an action into
it, they may loss some of their customer. At present Jollibee only have 600 stores
nationwide and international compare to Mc Donalds, Jollibee Foods Corporation is
outnumbered when it comes in their stores.
Maintain the Filipino values by keeping Jollibee Food Corporation a Filipino own
company.
Its time for them to target the higher class in the society.
Maintain tight monitoring when it comes to their competitor and new entrants.
CHAPTER I
Introduction of the Study
Background of the study
This chapter discusses the essential factors that made the Jollibee Foods
Corporation to be the best quick serving restaurant in the Philippines and abroad.
It also discusses how the study was undertaken using the appropriate research
method.
Undisputed leadership
As the country's leading fast food chain, Jollibee has grown exponentially on all
aspects on operation. From a handful of stores 32 years ago, Jollibee now boasts of
more than 600 stores and over 50 international stores.
Expanding market coverage
To achieve its long-term goal to be the countrys food service leader, Jollibee
acquired Greenwich Pizza in 1994. A year later, the company obtained the franchise of
Delifrance, an international food company. These moves expanded Jollibees
penetration in the pizza-pasta and French cafe-bakery segments. In 2000, the strategic
acquisition of Chowking solidified the companys position as the dominant leader. The
move gave it leadership in the Oriental quick-service restaurant segment.
Currently the largest fast-food chain in the country, it also has locations in
the United States, Saudi Arabia, Hong Kong, Vietnam,
Malaysia, Indonesia, Dubai and Brunei.
Mascot
Jollibee, the large bee mascot dressed in a blazer, shirt, and chef's hat
introduced by the brand in 1980 is probably the most widely recognized character in the
Philippines. Other characters have been phased out by late August 2010.
Name
Jollibee
Year introduced
1980
Represents
Main franchise mascot
Field
Leader of Jollibee
Milkshakes
Mico
1985, discontinued
Milkshakes
Champ
1984, discontinued
Hetty
1984
Jolly Spaghetti
Cheerleader
Twirlie
1988
Jolly Twirl
Popo
1985
Yum
1989
Yumburger
Hi-Technology
Moo
The importance of this study is to give an idea about why Jollibee Food
Corporation to be the best tasting QSR in the Philippines. Now a days JFC plays a big
part in choosing what is the best fast food chain to be chosen by the Filipino community.
And also in order for us to be knowledgeable why it is the no. 1 fast food even though
theres a lot of foreign restaurant existing like McDonald in our country.
This study is conducted to be able to know what is the strategic plan used by
JFC to be survive even there is economic crisis and also to helps other entrepreneur on
how to operate their own business effectively.
Methodology
Sources and data gathering procedures:
Andrew Nacion
Miles Baliquia
This study has mainly focuses about the JFC strategic plan and its overall
operation. Certain researches are being conducted and made to know the factors that
would help the Jollibee to remain at the top.
It involves individuals, organizations and other groups to acquire essential
information that helps our researchers in generating facts needed in this study.
It also emphasized studies from its history, achievement and other information
related to its aggregate internal and external operations.
This study is mainly focuses about the JFC strategic plan.
CHAPTER II
MISSION:
To serve great tasting food, bringing the joy of eating to everyone.
VISION:
We are the best tasting QSR..
The most endearing brand...
that has ever been...
We will lead in product taste at all times...
We will provide FSC excellence
in every encounter...
Happiness in every moment...
By year 2020, with over 4,000 stores worldwide,
Jollibee is truly a GLOBAL BRAND. (And the Filipino will be admired worldwide)
GOALS:
JFC is set achieve its vision of becoming a leading shared services organization,
creating value to business partners through customer focus, cost leadership and
organizational excellence the very same competencies that has brought JFC to its
leadership position today. Our mission, vision and strategies cannot be achieved if we
are not guided by the principles that have shaped the Jollibee corporate culture and
made it a living testament to Filipino excellence.
ORGANIZATION STRUCTURE:
Tan, Caktiong
Chairman of the Board, President, Chief Executive Officer
Baysa, Ysmael
Chief Financial Officer, Vice President for Corporate Finance, Compliance Officer
Fermin, Isaias
President - Greenwich Business, President - Chowking Philippines
Tanbuntiong, Joseph
President - Red Ribbon Philippines Business Unit
Tanmantiong, Ernesto
Chief Operating Officer, Executive Vice President, Treasurer, Director
Tan, Untiong
Vice President for Real Estate, Corporate Secretary, Director
Gomez, Daniel
Vice President of Corporate Marketing
Tence, John
Vice President - Corporate Human Resources
Elechicon, Erwin
Head of International Business Development for India and Indonesia
Ang, Cho Sit
Director
Chua, Poe Eng
Director
Alfonso, Felipe
Independent Director
Jacob, Monico
Independent Director
HISTORY (Establishment):
In 1975 Tony Tan Caktiong and his family opened a Magnolia Ice Cream
parlor in Cubao[4] with Jolibe as the original name. Sometime in 1978, Caktiong and his
brothers and sisters engaged the services of a management consultant, Manuel C.
Lumba. Lumba shifted the business focus from ice cream to burgers, [3] after his studies
showed that a much larger market was waiting to be served. Lumba became Caktiong's
first business and management mentor. Lumba next re-formed the name Jolibe to Jolly
Bee and made the two words form a single name, Jollibee, changing the "y" to an "i".
The Jollibee mascot was inspired by local and foreign children's books. Lumba next
created the product names "Yumburger" and "ChickenJoy". He had the company
incorporated and leased a house on Main St. in Cubao, Quezon City as the first
headquarters. Lumba formulated a long-term marketing strategy: listing up a number of
consumer promotions and traffic building schemes. Caktiong stressed that developing
internal strengths was critical. The stores were re-designed, the service transformed
into a full self-service, fast-food operation with drive-throughs. Not long after, Caktiong
and Lumba went on an observation tour in the United States, attended food service and
equipment conventions. Caktiong placed Lumba in charge of franchise development.
Definition of terms:
QSR Quick Serving Restaurant
FSC Food,Service and Cleanliness
USP Unique Selling Proposition
(m)SRP Manufacturing Suggestive Retail Price
CHAPTER III
The company and its External Environment
This chapter shows that Economic forces brought tremendous impact in every
company. Several factors such as Environmental Scanning, Industry Analysis and
Competitive Analysis gradually affect the outcome of the business.
Environmental Scanning
Socio-cultural:
We all know that Jollibee Foods Corporation is one of the well-known companies
not only in the Philippines but internationally. They serve great tasting food as well as
their services given to their customers.
Corporation member to delight the customer by giving the best Food and
Service with passion.
a very successful firm is because they work as one body. They have their
one mission and they work for their vision so that being on the top is not
that hard for them to work for.
follower, same thing as, listening is the first step to learn, so that for them it
should be a great thing to improve what they had and to reach the
success.
Honesty and integrity- Honesty is the best policy, we all know that
honest in everything we did will give the best for us. JFC also think of this.
Technological:
Thanks to the Jollibee Commissary System, ensuring the manufacture and
distribution of safe and high- quality food in the most cost-efficient manner is made
possible.
There are three Commissary System sites: Santolan, Pasig City; Mandaue City,
Cebu; and the central site in Canlubang, Laguna. The System, which operates 24/7,
manages
Jollibees
total
supply
chain
process.
The chicken marination line can produce as many as 150,000 pieces a day while about
480,000 hamburger patties a day is turned out by the frozen patty line. The breadline is
designed to match the volume output of patties, i.e. also about 480,000 pieces a day.
The pie line can produce as much as 157,000 pocket pies in a 20-hour operating day.
Currently, pies are exported to Jollibee stores in Hong Kong, Guam, Saipan, Brunei,
and the USA. Various sauce products are processed in the ZFC sauce line including
those
for
the
Jollibee
bestsellers,
spaghetti
and
palabok.
Economic:
Jollibee Foods Corporation hires at least high school graduates to be their crew
members. Work is at least 4 hours a day and payment is per hour basis. You can
arrange for time arrangement that is most convenient with your schedule. You can
check the website of Jollibee for job openings or you can visit the stores and ask the
crew members there if they are hiring new crew members. Most crew members of fast
food restaurants are working students.
A part-time job is a form of employment that carries fewer hours per week than
a full-time job. Workers are considered to be part-time if they commonly work fewer than
30 or 35 hours per week. According to the International Labor Organization, the number
of part-time workers has increased from one-fourth to a half in the past 20 years in most
developed countries, excluding the United States. There are many reasons for working
part-time, including the desire to do so, having one's hours cut back by an employer and
being unable to find a full-time job. "Part-time" can also be used in reference to
a student (usually in higher education) who takes only a few courses, rather than a full
load of coursework each semester.
People with a single part-time job fall into a number of categories. According to
the Colorado Independent, many people with a single part-time job fall in to the category
of being underemployed. People who are underemployed usually do not make enough
to meet basic needs and, therefore, do not make positive contributions to the economy.
Large numbers of underemployed people make a significant contribution to economic.
Political:
Jollibee Foods Corporation always maintains safeties when it comes to their food
to be served to their customer.
Food safety is a scientific discipline describing handling preparation, and storage
of food in ways that prevent food borne illness. This includes a number of routines that
should be followed to avoid potentially severe health hazards. Food can transmit
disease from person to person as well as serve as a growth medium for bacteria that
can cause food poisoning.
Rep. Santiago, in filing HB 3799, is primarily concerned about the ill-effects of
food products containing genetically modified organisms (GMOs) on human
health. Consumers have the right to know whether the food they purchase contains or
was produced with genetically engineered material. The bill also seeks to establish
quarterly inspection and oversight procedures to effectively monitor if each food
processing facility is adopting measures to minimize or eliminate identifiable health
hazards.
SENIOR CITIZEN DISCOUNT
Article 9. NO DOUBLE DISCOUNTS In the purchase of goods and services
which are on promotional discount, the senior citizen can avail of the establishments
offered discount or the 20% discount provided herein, whichever is higher and more
favorable.
In cases where the senior citizen is also a person with disability (PWD) entitled to a 20%
discount under his/her valid PWD identification card (ID), the senior citizen shall use
either his/her OSCA-issued ID card or PWD ID card to avail of the 20% discount.
BUSINESS PERMIT
Before the operations of every business they need to be registered first, the
same as to the established business like Jollibee Foods Corporation.
Now a day a lot of business enterprises arose in our country. Handling a
business is not a problem for those entrepreneurs but to regulate their business they
must meet the following requirements to legally operate in the Philippines.
SRP
The manufacturer's suggested retail price ((M)SRP), list price or recommended
retail price (RRP) of a product is the price which the manufacturer recommends that the
retailer sell the product. The intention was to help to standardize prices among
locations. While some stores always sell at, or below, the suggested retail price.
Department of Trade and Industry is the regulator of SRP here in the Philippines.
MINIMUM WAGE
Jollibee Foods Corporation follows the same daily minimum wages rates
implemented by Department of Trade and Industry.
When it comes to wages distribution, there are different values in urban and in
rural areas nationwide.
DAILY MINIMUM WAGE RATES
National Capital Region (NCR) a/
Per Wage Order No. NCR-15 b/
Effective 01 July 2010
Minimum Wage
Basic Wage
New
under Wage
Increase Under
Minimum
Order No. NCR
W.O. No. NCR 15 Wage Rates
Sector/Industry
14
Non-Agriculture
P 382.00
P22.00
P 404.00
Agriculture (Plantation and
P 345.00
P22.00
P 367.00
Non Plantation)
Private Hospitals with bed
P 345.00
P22.00
P 367.00
P 345.00
P22.00
P 367.00
P 345.00
P22.00
P 367.00
Industry analysis
Bargaining Power of Suppliers:
Jollibee Foods Corporation has been proven to be the market leader on quick
serving industry for several of decades now. Hence, several numbers of suppliers are
pooling around to compete on this industry specifically on meat and soda distributions.
Suppliers of JFC have a strong bargaining power over any other quick serving
restaurants because it generates larger sales volume and continuous purchasing cycle.
As a result, JFC can choose among other alternative suppliers which offers lower
prices but of the same product standard.
Risk in entering new entrants may cause additional problem for the firm, it will
decrease the sales and other possible big effect to the normal operation of the
business. It also causes additional choices for the customer especially when the new
entrants have the same in line of business operation. Some of this potential competitor
might used strategies like lower their price compare to the price implemented by JFC.
One of the best examples of this is those small food carts and some other food
franchise establishment which is located in public places and malls.
Threats of Substitute Products:
Differentiated products are necessary to cater different segments and to retain
the interest of the existing customer share. Retaining the existing market share and
expanding market share both require differentiation in terms of variety of food provided
in the menu.
Rivalry among established firm:
JOLLIBEE vs. McDonalds
The rivalry between Jollibee and McDonalds looks likes no contest. McDonalds
has more than 31,000 outlets in more than 100 countries out of which 3,000 outlets are
in Asia. Jollibee has only 600 outlets and over 50 international outlets. But despite these
numbers, Jollibee has captured 65% share of the hamburger market in the Philippines.
Its revenue are growing rapidly and they claim that they are the undisputed leader of the
fast food market in the Philippines. Jollibee concentrates on serving the unique tastes of
Grouping of competitors:
McDonalds Corporation Company Profile
McDonald's Corporation is the world's largest chain of hamburger fast food
restaurants, serving more than 58 million customers daily. In addition to its signature
restaurant chain, McDonalds Corporation held a minority interest in Pret A Manger until
2008, was a major investor in the Chipotle Mexican Grill until 2006, and owned the
restaurant chain Boston Market until 2007.
A McDonald's restaurant is operated either by a franchisee, an affiliate, or the
corporation itself. The corporation's revenues come from the rent, royalties and fees
paid by the franchisees, as well as sales in company-operated restaurants. McDonald's
revenues grew 27% over the three years ending in 2007 to $22.8 billion, and 9% growth
in operating income to $3.9 billion.
McDonald's primarily sells hamburgers, cheeseburgers, chicken products, french
fries, breakfast items, soft drinks, shakes, and desserts. In response to obesity trends in
Western nations and in the face of criticism over the healthiness of its products, the
company has modified its menu to include alternatives considered healthier such
as salads, wraps and fruit.
KFC CORPORATION
KFC Corporation, based in Louisville, Kentucky, is the world's most popular
chicken restaurant chain, specializing in Original Recipe, Extra Crispy, Kentucky
Grilled Chicken and Original Recipe Strips with home-style sides, Honey BBQ Wings,
and freshly made chicken sandwiches.
Every day, more than 12 million customers are served at KFC restaurants in 109
countries and territories around the world. KFC operates more than 5,200 restaurants in
the United States and more than 15,000 units around the world. KFC is world famous
for its Original Recipe fried chicken -- made with the same secret blend of 11 herbs
and spices Colonel Harland Sanders perfected more than a half-century ago.
Customers around the globe also enjoy more than 300 other products -- from Kentucky
Grilled Chicken in the United States to a salmon sandwich in Japan.
KFC is part of Yum! Brands, Inc., the world's largest restaurant company in terms
of system restaurants, with more than 36,000 locations around the world. The company
is ranked #239 on the Fortune 500 List, with revenues in excess of $11 billion in 2008.
MANG INASAL
Mang Inasal is proud to do its share in alleviating the unemployment burden of
the country.
It is effectively stimulating economic activities in communities where branches
are situated. Local suppliers of calamansi, charcoal, banana leaves, sorbeteros,
vegetables, fish, bamboo sticks, and other ingredients, as well as LGUs, trisikad
(pedicab) drivers, and a host of other enterprises are benefited by the presence of Mang
Inasal in their area.
Mang Inasal has steadily grown since it offered franchising. Mang Inasal has
branches in Bacolod, Iloilo, Roxas, Metro Manila, Cebu, Davao, Kalibo, Tarlac, Boracay,
Antique, Mindoro, Batangas, Pampanga, General Santos, Tuguegarao, Iligan, Bulacan,
Cavite, Baguio, Laguna, Panabo, Cagayan De Oro, Lucena Surigao, Palawan, Agusan
Strategic mapping
JFC also want to provide value adding services in the areas of accounting,
finance and HR; employing highly efficient people, systems and process that allow them
to deliver and exceed customer expectations; and offering competitive costs in the
shared service industry through these strategies, they enable the client the JFC Foods
Companies to efficiently operate in the global market effectively collaborate w/
business partners and help employees to be more productive.
CHAPTER IV
The Company and its Internal Environment
This chapter discusses that aside from the economic forces, internal factor that
comprises a company. Marketing, Production, Finance, Human Resource and
Information Technology construct the companys functional analysis.
accommodation measures. Jollibee means people working as busy as bee. But this bee
is working with joy in their face.
Functional analysis
Marketing:
Jollibee depends on high customer traffic and tight operations management. It
offers great
Service to high volumes of people who patronize its outlets by functioning as a
well-oiled machine with close tabs on daily operations.
Jollibee focus:
USP
The unique selling proposition of the Jollibee brand is:
Product:
The product offered by Jollibee appeals to the Filipinos taste for spicy burgers.
By concentrating its resources on satisfying the Filipino palate, Jollibee has been able to
serve localized dishes that are unlike any found in the other fast food chains in the
Philippines. In addition to offering the usual French fries that accompany the meals
found in McDonalds, KFC, Burger King and so forth.
Jollibee also serves rice or spaghetti, Filipino style. Even the burgers are cooked
exactly as Filipinos want them done-sweeter and with more seasonings, often likened
to what a Filipino mother would cook at home.
Place:
The location of outlets is of key importance to the marketing strategy of Jollibee.
For Example, the outlet in Hong Kong is located at Central where a large number of
Filipinos gather.
Promotion:
Local brands: Brands in local market are strong contenders and are not to be
Under estimated. Local managed brands like Jollibee in the Philippines often have the
advantage of intimate knowledge of consumer tastes and consumer preference
through local pride.
Jollibee used the wave of nationalist pride to promote a Filipino brand of
hamburger.
This strategy met with great success.
Production:
There are three Commissary System sites: Santolan, Pasig City; Mandaue City,
Cebu; and the central site in Canlubang, Laguna. The System, which operates 24/7,
manages Jollibees total supply chain process.
The Jollibee Pasig City commissary has production lines for breads and sauces,
and is the distribution center for North Manila and North Luzon. In 1996, Jollibee
opened the Vismin Foods Corporation (VFC) in Mandaue City, Cebu to service the
Visayas and Mindanao areas. VFC has its own bread, pie, sauce, and frozen patty
lines.
The Laguna commissary is the biggest and most advanced in the country and
among Asias best. Operated by Zenith Foods Corporation (ZFC), a full subsidiary of
Jollibee, the newest commissary is on a 6-hectare property in the Calmelray Industrial
Park. Aided by custom-made mechanized equipment, the production lines are for the
marinated Chicken Joy, frozen patties and pies, breads, sauces, hotdogs and other
meat products, and dry blended goods. ZFC can service over 800 Jollibee and
Greenwich stores.
A professionally staffed Technical Services Team supports the maintenance of an
internationally accepted quality management system that further ensures the quality and
safety of the commissary manufactured food products. High caliber teams from
Engineering, Human Resources, Information Management, Finance and Accounting
likewise provide support to the Manufacturing and Logistics operations of the
Commissary.
Finance:
2008
2009
LIQUIDITY RATIO
Acid Test Ratio
= 10,687,259,116 955,399,559 =
1.99 or 199 %
4,885,529,898
=12,706,409,627578,747,371
5,060,348,018
2.40 or 240%
IMPLICATION: Acid test ratio and Current ratio states that JFC is liquid and has the
ability to meet its current obligations when the time they fall due. It also shows that they
have enough cash when it comes in paying debt.
2008
Current Ratio
2009
10,687,259,116
2.19 or 219%
4,885,529,898
12,706,409,527
5,060,348,018
2.51 or 251%
IMPLICATION: Acid test ratio and Current ratio states that JFC is liquid and has the
ability to meet its current obligations when the time they fall due. It also shows that they
have enough cash when it comes in paying debt.
1,791,201,604
1.45 or 145%
1,040,005,488
2,642,819,193
2.14 or 214%
10,514,581,561
IMPLICATION : Earnings per share measured the amount of returns on each share of
common stock. Figures show that in 2008, the return on share of common stock is 1.45
and increases as the year 2009 ended.
Return on Investment =
1,791,201,604
0.085 or 8.5%
21,077,948,121
2,642,819,193
0.1135 or 11.35%
23,281,239,667
1,791,201,604
0.085 or 8.5%
21,077,948,121
2,642,819,193
0.1135 or 11.35%
23,281,239,667
Return on Equity =
1,791,201,604
0.14 or 14%
12,999,751,991
2,642,819,193
0.17 or 17%
15,177,607,558
IMPLICATION: Return on equity measures the profit efficiency of the equity of the
stockholders. Figure show that in year 2008, 14% return on equity has been recorded
and increases up to 17% as year 2009 ended. This rate is favorable on the part of the
stockholders.
Return On Sale =
1,791,201,604
0.090 or 9%
19,812,420,160
2,642,819,193
22,566,682,614
0.117 or 11.7%
IMPLICATION: Return on sales measures net earnings for every peso of sales and also
measures the ability of the firm to control expenses. The higher the earnings on sales,
the more efficient is the firm in sustaining its expenses in monitoring its expenses but in
year 2009, it increases up to 11.7%. It shows that JFC has higher expenses but a good
income.
Human resource:
Jollibee Foods Corporation is now the #1 EMPLOYER IN THE PHILIPPINES
Cited by the Far Eastern Economic Review. They are now globally known, because JFC
is the only Philippine company in the list of ASIAS BEST EMPLOYERS, they ranked
#16 and the No. 1 in "OVERALL LEADERSHIP" among the top 10 Philippine companies
doing business in Asia.
This recognition is not only because they are the best in the business but also
the fact how they handle their people. The management down to the lowest position
plays a big role in JFCs success. They give right training for their workers in order to
have the expertise in their field in order to give the 100% satisfaction to their customers.
The people are their strength and in return they give a payback to them. They
ensure the security of the employee; as a matter of fact JFC is a member of some
insurance company. They dont hesitate to give promotions, sending their employee
abroad. JFC help their employee to change their life, being part of Jollibee team is
chance to improve ones personality, and a way to earn money.
Management information system/ information technology:
A management information system (MIS) is a system or process that provides
information needed to manage organizations effectively. JFC use this kind of
technologies such as (POS system) in order to lessen the burden of having a manual
system.
In the fast food industry, registers may be at the front counter, or configured for
drive through or walk through cashiering and order taking. Nowadays a cash register is
nothing vs. POS system. JFC use this kind of technology for having a fast service.
CHAPTER V
The SWOT Analysis
This chapter discusses the companys Strengths and Weaknesses, both external
and internal environment. Hence, several threats and opportunities arise which help the
company realizes possible expansion or improvements.
Strengths
Weakness
Manufacturing competence
Opportunities
Threats
McDonalds decide to slow down within the Philippines, Jollibee seemed to have
adopted a dual approach continue expanding internally in a limited way while
exploring the option of tapping new countries. Tony Kitchner said in the light way of the
shifting competitive environment, we have taken a broader, more global view of our
business. We are leveraging the preeminent to cater to more market segments
Jollibee planned to open more stores in Nevada, Hawaii and New York.
Commenting on the decision expanding globally, Tony said, An important source of our
corporation is the expansion of our international business. However, analysts were
skeptical about companys chances of success is outside the Asia.
Generic Strategies
Jollibee was able to attain a competitive advantage among established firms in
doing things:
While Tony Kitchner was hired to develop these competitive advantage abroad
his international strategy of planting the flag and targeting the expats was executed
haphazardly and resulted in losses for the firm. His eventual dismissal was largely due
to his inability to manage intra-firm tensions.
In addition to the special understanding of the Filipino palate, Jollibee has also
mastered the countries culture and lifestyle. Jollibee lures kids with in-stores play
activities and a cast of captivating characters. Its massive jolly-bee character with the
orange jacket and the blonde spaghetti-haired girl named hetti are better known and the
loved in the Philippines than the McDonald. The well known Jolly Bee character
optimizes the Filipino spirit of lighearted everyday happiness.
Functional Strategies
Involves managers analyzing an organization current situation and then
developing strategy to accomplish its mission and achieve its goals. To techniques
managers use to analyze formulating strategies are SWOT analysis and the five forces
model.
The five forces model of Jollibee Food Corporation:
Using this model of Jollibee Food Corporation the managers would be able to
analyze its current status among its competitor and other factors that has an effect to its
operation. By the use of this, they could be able to generate new strategies that could
be useful in eliminating risk.
CHAPTER VII
Recommendation
During the conduct of the study, the researchers have identified and came up
with the following recommendations.
In order to be on the top, Jollibee Foods Corporation must do or apply this
recommendation such as:
Maintain the Filipino values by keeping Jollibee Food Corporation a Filipino own
company.
Its time for them to target the higher class in the society.
Maintain tight monitoring when it comes to their competitor and new entrants.
CHAPTER VIII
Conclusion
This chapter represents factors based from the findings gathered and analyzed in
this research, we were able to derive at these following conclusions.
Bibliography
A. Books:
http://www.ehow.com/about_5402374_parttime-jobs-influenceeconomy.html#ixzz12n80ekWf
http://elearning.utcc.ac.th
http://www.nwpc.dole.gov.ph/
Jollibee RP's most admired company for 3rd straight year. (December 16,
2000). Philippine Daily Inquirer.
Jollibee Website
former crew
Andrew M. Nacion
Miles P. Baliquia