Pizza Hut Inc. is the largest pizza restaurant corporation in the globe in terms of both the number of outlets and the percentage of market share that it holds. A subsidiary of PepsiCo, Inc., the group oversees more than 11,000 pizza restaurants and delivery outlets in ninety nations worldwide. The dissident corporation Tricon Global Restaurants, Inc. intended to buy Pizza Hut from PepsiCo in 1997, howevee the transaction did never come to a conclusion.
Pizza Hut was founded in 1958. What is nowadays a huge empire holded by PepsiCo had its beginning with two siblings who merely intended to open a pizza restaurant.
After Pizza Hut’s inicial success, they started to expand the business through franchising, until it turned into the giant chain of eateries it is today. Pizza Hut is such a profitable corporation due to its diversity. It’s a fact that one same thing cannot satisfy everyone; but thanks to its diversity, Pizza Hut was able to aim a more diversified number of clients. In fact, the suppliers, recipes and menus are distinct from place to place, in a way to meet the client’s needs. Therefore, the term ‘diversity’ has been the builing block of Pizza Hut’s profitable history.