Operatiom Process of Kfc Essay Example for Free

Operatiom Process of Kfc Essay Throughout the industry of fast-food, there were so many organisations which gained power and title for them, such as McDonald, Pizza Hut, Burger King, Pizza Domino, etc. In the list of these successful fast-food organisations, KFC is also one of the best organisation which gained their title and power for more than 80 years. KFC is a chain of fast food restaurants and first established known as Yum! Brands. However, the organisation name has been change since 1952. Until now, KFC – Kentucky Fried Chicken is the third largest fast-food organisation in the world. KFC has more than 14,000 outlets and in more than 80 countries around the world, serving about 12 million customers each day. (KFC Franchise Opportunity, 2007) PART 1 II – BUILDING BLOCKS: First of all, we need to analyze the general process of KFC. For the customer’s order, customer can have many choices to order food and meal from KFC. They can choose to dine in KFC restaurant which the process was order food, pay for food, eating food and leave. Or customer may order for delivering with fast or normal service, for a family’s meal or a party. More convenient, if customer is driving car, they can choose whether to park the car then dine in the restaurant or buying food by the fast service of KFC. * KFC general restaurant layout: KFC’s restaurant layout also has helped the organisation. In order to have a good layout, KFC’s purpose was planning and arrangement of all machines, utilities, staff room, kitchen, customer service areas, material storage areas, aisles, restrooms, internal walls, offices, and children area, which aim for the good flow of materials and customer. Moreover, also need to consider about the time, for example, demand for food of customer may high during breakfast, lunch and dinner. Parents may choose the KFC restaurant for running a birthday parties for their children on Saturday or Sunday and some other different event. By understanding the important of time and location, management of KFC can determine what size or how big their outlets should be in order to appropriate on each different circumstance and environment condition. * Value Added: The capacity of KFC restaurant which means how big the restaurant should be and where it should be locate is also important and contribute greatly to their operating management. If their outlets locate in a good place and got many good conditions for them such as skill labor, good supplier, high business climate or populated areas, their operating process will get started easier and more effectively. 4/ WORKFORCE: KFC has a slogan for their employees were that â€Å"makes more friends, earn some cash†.

Free the Children, by Craig Kielburger Essay -- abusive child labor

Iqbal Masih was just four years old when his single mother used him as collateral on a loan between a local employer of a carpet weaving factory in Pakistan to pay for her eldest son’s wedding. For the six long years he was employed, a typical workday included at least 14 hour shifts for six days a week with only one 30 minute break. Even though Iqbal lived under terrible conditions and the relentless threats of abuse, his mother had no choice but to keep borrowing money from the employer to make ends meet at home. Employers charging high interest rates and increasing the total debt owed by a family was not out of the ordinary. Masih’s employer included fines to the original loan when he erred on the job and for the daily bowl of rice—making freedom an unattainable goal. During the six years he was â€Å"employed†, the debt increased from a mere 600 rupees ($6.06) to 13,000 rupees ($13.13). But with the aid of an organization for human rights, Masih escaped at the age of ten and was soon after enrolled in school. After his escape, he helped others break free and traveled to numerous countries as an advocate against child labor. Sadly, at the young age of 12, he was murdered under mysterious conditions, which gave way to conspiracy stories. The fact that the stories from key witnesses changed on more than one occasion did not help the truth come out. Major newspapers around the world wrote about Masih’s story, even though it was often demoted towards the end of the newspaper. It was not long before both the media and the public disregarded it. A little less than seven thousand miles away from Pakistan, however, another 12-year-old boy in Thornhill, Canada devoted Masih’s story to memory, an undertaking that signified the beginning ... ...urger. Every person begins as an average person, but somewhere down the road they realize what they are doing is not enough. As a result of this enlightenment, they walk down a different path than others and stand up for what they believe in. It is this commitment that changes this ordinary person into an extraordinary individual. They embark on adventures that are said to be hopeless and succeed in attaining it. Arising from there – a tenacious resolution to do what is morally correct – nothing is no boundary for what can be accomplished. Works Cited http://history1900s.about.com/od/1990s/a/IqbalMasih.htm Craig Kielburger, Kevin Major, Free the Children, (New York: Harper Collins, 1998), p. 10. bid. Free the Children p. 280 http://www.peaceheroes.com/CraigKielburger/craigkielburgerbio.htm#Top http://www.freethechildren.org/aboutus/history-ftc.htm

Newfood Case

Newfood Case by Adrian Sanchez The correlation between Price and sales is large and negative for all three-time periods. What does this say about how prices Works? The correlation coefficient shows a measure of the linear relationship between these two variables. However, this association does not imply causation, meaning that the change in one variable is not caused by the change of the other one in the opposite direction. Yet, the increasing negative value of the correlation coefficients allows us to infer from these results that when the price rises sales will decrease.This argument is supported by the level of significance of each case less than 0,01. Explain the correlations between advertising and sales. What is happening to the advertising effect over time? Apparently based solely on the correlation numbers the advertising has a negative effect on sales over the time. However when the level of significance is analyzed, it turned evident that these numbers are way greater than the (0. 001) level of significance corresponding with a 99. % confident level. Hence they are not significant and it is safe to conclude that the correlation numbers between advertising and sales have no effect. Note that the inter-correlations between advertising location and prices are all zero. Why? This result support the experiment parameters established from the beginning, we were considering this variables as independents, meaning that there are no linear relationship among them, endorsing the design of the experiment.What do the regressions of sales variables (Sales1, Sales2, Sales3) using P, A and L as independent variables, imply about the effect of prices? Of advertising? Of Location? Effect of Price: As we stated in the question #1 there is a strong correlation between the prince and the sales numbers. An increment in price suggests a decrease in sales. So, based on this result, we may say that the market is price sensitive and the company should take into consideration the price variable when developing the final launch plan of the product. Significance level is below 0. 1 meaning a 99% of confidence level. Effect of Advertising: Due to a high significance level, p-value higher than 0. 01 not accomplishing the 99% or even 95% of confidence level, we may safely state that advertising has no effect on sales. Effect of Location: Due to a high significance level, p-value higher than 0. 01 not accomplishing the 99% or even 95% of confidence level, we may safely state that location has no effect on sales. Rerun adding income and volume. Do your judgments about the effect of price, advertising and location change? Why?When taking into consideration Income and Volume as additional values, my judgment does not change regarding the price and location effect. However, the impact of adding these two variables in the regression model make the advertising variable to become significant, and then having an effect in the actual outcomes of sales. In fact, only th e volume variable affect the advertising significance in this case, income variable is not significant at 99% confident level. After analyzing the correlation chart, we realized that volume & advertising are correlated (negatively).So the regression model fails to predict accurately the effect of advertising on sales. Since we have two â€Å"independent† variables correlated, we need to control for volume and vary the advertising variable in order to get the real effect of this last one on the final outcomes of sales. What additional regression runs if any, should be made to complete the analysis of this data? I would run the regression of the 6 months sales compiled as dependent variable and the others variables as independent (i. e. Price, advertising, location, Income, Volume).I would also dig deeper in the interaction between al the independent variables (Price, advertising, location, income and volume). It is very important to understand the real effect of advertising in this model, for that as aforementioned we need to run model in which volume is controlled in different scenarios checking the behavior on the advertising in order to measure its real effect on sales. If possible obtain an output of residuals. Check the residuals to identify observations that do not seem to fit the model. Why don’t they fit?They do not fit because perfectly because the initial regression model we are using is a linear model. Is very much likely that the relation between the independent variable and the dependent variable change the slope as the number increase or decreasing forming a curve in a YX chart. However the linear approximation seem to be very appropriate after looking after the shape of the data in the chart. Finally each independent variable has a different effect over the dependent variable, which makes the residuals also different, when compare among each other.

The History Of Medicare And The Social Security Act

On July 30, 1965, President Lyndon B. Johnson signed legislation creating the Medicare and Medicaid programs. The passage of Medicare and Medicaid had a storied history before it crushed the walls that had separated the federal government and the U.S. healthcare system. Historically, the prevailing thought of many Americans up until the 1920’s and 1930’s was that medical care was largely a private transaction between a medical practitioner and a patient. This doctor-patient relationship was sacred and there was no need for the federal government to intervene in this relationship (Berkowitz, E., 2005). The Social Security Act of 1935, signed into law by President Franklin Delano Roosevelt (FDR), gave rise to many of the federal and state†¦show more content†¦The Second World War time-period influenced the transitioning attitudes of Federal officials working in Washington and administering the programs created by the Social Security Act. Come 1939, Europe had entered World War II and the U.S. entered the war at the end of 1941 after the Japanese attack on Pearl Harbor. Federal officials started favoring the Federal government instead of the States as preferred administrators of health insurance and other forms of social insurance (Martin, P. P., Weaver, D. A., 2004). Some programs, such as unemployment insurance, were run by the States with Federal oversight, whereas other programs were administered at the Federal level, such as â€Å"old-age† insurance. As time passed, States became regarded by Federal officials as â€Å"unreliable and inefficient partners† (Martin, P. P., Weaver, D. A., 2004). President Harry Truman publicly endorsed support following legislative proposals for national health insurance both in 1945 and 1948. These legislations now featured Federal rather than State administration. National health insurance transitioned from being formerly linked with the States and the unemployment insurance program, to now being associated with the old-age insurance or the Social Security program (Martin, P. P., Weaver, D. A., 2004). Unfortunately for President Truman, timing was not on hisShow MoreRelatedEssay on Social Security1184 Words   |  5 Pages Social Security nbsp;nbsp;nbsp;nbsp;nbsp;Social Security is a public program designed to provide income and services to individuals in the event of retirement, sickness, disability, death, or unemployment. In the United States, the word social security refers to the programs established in 1935 under the Social Security Act. Societies throughout history have devised ways to support people who cannot support themselves. In 1937 the government began issuing Social Security identification cardsRead MoreU.s. 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