Reference no: EM132860206

Jollibee is the largest fast-food chain brand in the Philippines, operating a network of more than 1,400 stores. 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 fast food brands in PH combined. With a strict adherence to the highest standards of food quality, service and cleanliness, Jollibee serves great-tasting, high-quality and affordable food products to include its superior-tasting Chickenjoy, mouth-watering Yumburger and deliciously satisfying Jolly Spaghetti among other delicious products.

Jollibee has embarked on an aggressive international expansion plan, with more than 270 international branches in the United States, Canada, Hong Kong, Macau, Brunei, Vietnam, Singapore, Malaysia, Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Italy, and in the United Kingdom.

-Identify at least four factors that led to the establishment of Jollibee Food Corporation (or you can think of other company if you want). Be as specific as possible

-For each factor, consider how it would be impacted by the rapid expansion of the business to include new markets or new products and a downturn in the economy that would negatively affect the company's

- Explain how the health of a single business can have an impact on the larger community and economy.