Company Profile Jollibee Foods Corporation was founded by Tony Tan Caktiong on January 11, 1978 and a Filipino-multinational company that is engaged in developing, operating and franchising of quickservice restaurants. A dominant market leader in the Philippines, Jollibee enjoys the lion’s share of the local market that is more than all the other multinational brands combined. It has a System Wide Sales of P117.9 billion and a Net Income of P5.4 billion in 2014. JFC has a total store network of 2,951 stores worldwide as of March 31, 2015. In the Philippines, JFC’s store network totals to 2,335: Jollibee brand 869, Greenwich 216, Chowking 419, Red Ribbon 334, Mang Inasal 452, and Burger King 45. Abroad, it operates 616 stores: Yonghe King 313, Hong Zhuang Yuan 43, and San Pin Wang, 53, all in China, Jollibee 123 (USA 32, Vietnam 60, Brunei 12, Saudi Arabia 10, Qatar 3, Kuwait 3, Singapore 2 and Hong Kong 1), Chowking 47 (US 19, UAE 20, Qatar 5, Oman 2 and Kuwait 1), Red Ribbon US 34 and Jinja Bar US 3. JFC also has a 50% share in joint ventures for the following stores: Highlands Coffee (Philippines, Vietnam) 77, Pho 24 (Vietnam, Indonesia, Philippines, Cambodia, Macau and Korea) 45, and 12 Sabu (China) 20. JFC also operates commissaries or manufacturing plants to support the continued growth of its retail chain. It has 12 commissaries and a distribution center in the Philippines. Abroad, it has 3 commissaries in China, 3 in the United States and 1 in Vietnam. JFC is also committed to serve its host communities through socio-civic projects through the Jollibee Group Foundation. The foundation has focused its work on feeding programs for undernourished children in poor communities, developing farmers to become better entrepreneurs and suppliers of agricultural products and providing disaster relief for calamitystricken regions. Industry Life Cycle LIFE CYCLE STAGES INTRODUCTION GROWTH SHAKEOUT MATURITY DECLINE Market Growth Slow Fast High Large Negative Market Size Small Large Large Largest Negative Price Low High High High Low Few Many Many Large Negative Fast Food Filipino Taste Price Price Innovation to the food Filipino All Filipino Filipino living Abroad Filipino At Heart Negative Number Of Competitors Mode Of Competition Type Of Buyers Organizational Chart https://quotes.wsj.com/PH/XPHS/JFC/financials/annual/income-statement https://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&ved=2ahUKEwipirXu3v3kAh VL_GEKHd_uAmUQjRx6BAgBEAQ&url=%2Furl%3Fsa%3Di%26rct%3Dj%26q%3D%26esrc%3Ds%26source %3Dimages%26cd%3D%26ved%3D%26url%3Dhttps%253A%252F%252Fwww.jollibee.com.ph%252Finve stors%252Fjollibee-foodscorporation%252F%26psig%3DAOvVaw0h5r11fS_fdG7m4ZymhdiU%26ust%3D1570111384254178&psig =AOvVaw0h5r11fS_fdG7m4ZymhdiU&ust=1570111384254178 https://www.google.com/search?q=jfc+org+chart&ie=utf-8&oe=utf-8 http://edge.pse.com.ph/companyInformation/form.do?cmpy_id=86
