Taco Bell IP Holder, LLC, doing business as Taco Bell (stylized in all caps), is an American multinational chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California.Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, including tacos, burritos, quesadillas, nachos, novelty, and speciality items, and a variety of "value menu" items. As of 2018, Taco Bell serves over two billion customers each year, at 7,072 restaurants, more than 93 percent of which are owned and operated by independent franchisees and licensees.
Founded by Glen Bell in 1962, Taco Bell is one of the key players in Australia’s fast-food restaurant industry. Starting with just one hamburger stand, Taco Bell is currently operating 7791 restaurants in 31 countries worldwide.
Therefore, the below article would involve an effective analysis of the internal strengths and weaknesses of Taco Bell along with the different opportunities that are available for growth and threats that can potentially cause harm to the company.
SWOT Analysis is an effective tool for analyzing both the internal and external environment of the business. The analysis would also involve predicting the threats from the external forces and the strategies that the company can formulate to eliminate those threats. In case you wish to learn about conducting a SWOT analysis in detail, you should definitely go through our meticulous