Global running and competitive situation analysis of YUM Brands, Inc Essay

Global running and competitive situation analysis of YUM Brands, Inc. 182 - Essay Example This is because the company competes in a more like middle-size place with competitors like McDonald’s Corp and Doctor’s Associates Inc. being considered the large-size and small-size respectively. An outstanding characteristic of YUM is that as a food provider, it has a limitless number of target market which is partly a reason for its periodic yearly growth in revenue and net incomes as seen in table 1 below. the financial success of the company has been achieved with over 1,500,000 employees around the world and with divisions in China and India, as well as subsidiaries including KFC and Pizza Hut (Cash, 2012). The contribution of the restaurant industry in global economics cannot be overemphasized. Interestingly, apart from the contributions made by the industry already, it is expected to grow even further. From the figure below, it will be noted that by 2018, the value of the industry is expected to reach  £1,945 billion by 2018, which is 42.6% of growth since 2013. Again, according to MarketLine (2014), the industry is expected to play key role in reducing unemployment and thus improving the global economic outlook with a volume of 69,119 thousand employees, representing a growth of 10.8% from 2013 size.YUM however places a versatile role in the industry as its company dynamics represents what prevails with most other industry players (Narayan, 2013). YUM was therefore selected for its representative nature in business. Within the larger global food industry, restaurants and cafes are known to have the largest segment in terms of category segmentation. MarketLine (2014) actually estimates these two to contribute to 53.8% of the industry’s total value. This means that the growth of restaurant and cafes represent the overall growth of the restaurant or food industry. The aim of the research is therefore to find out ways in which the restaurant industry can reach its forecasted growth levels through the individual global competitive growth