Burger King‚ often abbreviated as BK‚ is a global chain of hamburger fast food restaurants headquartered in unincorporated Miami-Dade County‚ Florida‚ United States. Burger King Holdings is the parent company of Burger King; in the United States it operates under the Burger King Brands title while internationally it operates under the Burger King Corporation banner. The company began as a Jacksonville‚ Florida-based restaurant chain in 1953. Originally called Insta-Burger King. After the company
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Crushes Burger King Year After Year After Year by Marcus Sheridan I love talking about food. And I love talking about business. Even better‚ most of the people that read this blog share these same passions and so today I’m going to deviate a little from the norm and have a little fun analyzing two household names that we’ve all grown up experiencing quite a bit of:McDonald’s and Burger King. The other day‚ as I was standing at a gas station I looked out to see a McDonald’s and Burger King on opposite
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International Business Assignment Abstract Burger King has been widely known as one of the biggest fast food restaurant around the world. For decades‚ Burger King has grown rapidly and well known in the worldwide. Founded by James Mclamore and David Edgerton in Miami‚ Florida in 1954‚ the company first started its menu dominantly of burger‚ fries‚ and soft drink. Since the restaurant grows‚ Burger King expanded the breadth of its menu by adding various non-beef items like chicken‚ fish and
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Introduction Burger King is the world’s largest flame broiled fast food restaurant chain. As of 2011‚ Burger King operates restaurants in 12‚300 locations serving over 11 million guests daily in 76 countries and territories worldwide (Burger King ‚ 2011). Burger King’s core competency is its unique flame-broiled burgers. This process is difficult to imitate and helps differentiates Burger King from other fast food chains that fry their burgers instead. So much so in fact‚ no other fast food provider
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operated by either a franchisee‚ or the corporate itself‚ approximately 15% of McDonald’s restaurants are owned itself directly and the remainder are operated by other through a variety of franchise agreements and joint ventures. 4.2 Burger King Burger King is founded United States in 1954‚ it is the second largest chain of hamburger fast food restaurant in terms of global locations. They owned a total of 12‚521 restaurants in 81 countries‚ approximately 90% of the current restaurants are franchised
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Prin. Of Marketing Burger King Case Study In the fast food world the market for the consumer’s dollars is as cutthroat as in any market out there. So far McDonald’s and its golden arches have reined supreme‚ leaving the leftovers for the likes of Wendy’s and Burger King. After several years of steadily declining profits‚ and upset franchisees‚ Burger King decided it was time for a change‚ both in its approach towards it marketing structure to the way it built and supplied new locations. With
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sales thus having low inventories. The decrease and low ratios of the asset turnover ratios implies that there are less sale the company is producing based on its assets. Profitability Ratios measures a company’s ability to generate earnings as compare to its expenses‚ revenues‚ and sales for a given period of time. The low profit margin ratios indicates that the company keeps low amounts of each dollars sale in earnings. This shows that the company has less control over its costs. Based
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For years‚ McDonald’s and Burger King (BK) have been the world’s two largest and most successful fast food chains. Both have battled out all these years over their operational differences which form the core of their corporate culture. The “Doing It All For You” (McDonald’s) vs. “Having It Your Way” (BK’s) stems from their respective production methods. McDonald’s “Made to Stock” vs. BK’s “Made to Order” also originate from the differences in their respective processes. Exhibits 1 and 2 show the
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Burger King SWOT Analysis Strength: Burger King serves a lot of burgers that is typically not available in other fast food restaurant. Some of the examples are‚ BK Mushroom Swiss which serves beef patty and topped with mushroom sautéed sauce‚ Grilled Chicken burger which is prepared by grilling the chicken patty and others. Most of the burgers prepared in Burger King are cooked by properly grilling them over fire. Burger King also serve varieties of side dishes in their restaurants such as mozzarella
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Burger King Expansion Strategy for International Markets March 11‚ 2013 Akash AGARWAL Debasish GHOSHAL Samarjeet SINGH MIB 34 - Introduction to International Business Burger King - Have it your way 1 Agenda Segmentation of the food service industry Burger King ► Business case of Burger King Our Approach to market entry/expansion SWOT Analysis Taiwan ► Analysis of fast food market ► Analysis of external macro-environment ► Competitive analysis and market share Indonesia ► Analysis
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