Activity 3

A. Choose an international economic organization (Asian Development Bank, European

Investment Bank, etc.) or an international company (Honda, McDonalds, Kimberly

Clark, etc.);

 KFC

B. Research the origin and history of the institution you have chosen;

 KFC stands for ‘Kentucky Fried Chicken’ and was started by a budding entrepreneur by the
name Harland Sanders. It is currently a subsidiary of Yum! Brands. While the first franchise
was started way back in 1952 in Utah. Today KFC boasts of nearly 18,000 outlets in 120
countries. In 2011 it had a revenue in excess of $10 billion. The success of KFC is the story
of one man’s dream of cooking that has catapulted into making his company one of the
biggest franchises in the whole world. This story starts with Harland Sanders who was
born in the small town of Henryville, Indiana in the year 1890. He left his home at the age
of 12 to find some job to support his poverty-stricken family after his father passed away
and he was in charge of the family.

C. Identify the major country-leaders of this institution, and

 The major markets for KFC include China (7,166 stores)

 The United States (3,943 stores)
 Japan (1,140 stores)
 South Africa (955 stores)
 The United Kingdom (928 stores)
 Thailand (853 stores)
 Malaysia (743 stores)
 Indonesia (742 stores)
 Australia (699 stores)
 Canada (601 stores).
D. Then write an essay on how International Financial Institutions influence global

economic activity. Mention the Philippines’ role in the interconnected global economic

activities.