Burger King’s COMPANY PROFILE HISTORICAL BACKGROUND Burger King was founded in 1954 by James McLamore and David Edgerton in Miami‚ Florida. In 1967‚ the founders sold the company to the Pillsbury Company‚ taking it from a small privately held franchised chain to a subsidiary of a large food conglomerate. In December 2002‚ Burger King was acquired by private equity funds controlled by TPG Capital‚ Bain Capital Partners and Goldman Sachs & Co. It completed a successful initial public offering in
Premium Fast food Burger King Hamburger
Harvard Business School 9-681-045 Rev. February 27‚ 1998 Burger King Corporation The first Burger King restaurant in Miami in the mid-1950s featured a walk-up window‚ a limited menu (burgers and shakes for 19¢‚ sodas and fries for 10¢)‚ and "your food ready by the time you ’d paid for it." As one early manager recalled‚ "Our windows faced front so we could see customers driving in. With the limited menu‚ we pretty much knew what they ’d order and we ’d have it ready." In the 1960s and 1970s
Premium Burger King Hamburger
Weaknesses - small target market- unhealthy environment | Opportunities - product improvement- branding | Threats - competitors (McDonald/Wendy’s)- health concern | Introduction: Over the years‚ Burger King has successfully grown simply through integrated marketing communication system. Today‚ Burger King is showing healthy profits‚ rising stock prices‚ and strong international growth. In past‚ BK’s advertising and corporate strategy failed mainly because they didn’t listen to their customer and
Premium Marketing
1. What are Burger King’s communication objectives for it’s target audience? Burger King’s target consumers already know about the product‚ and since the franchise is profitable‚ we can assume that the consumers also like it. Burger King’s communications objectives are to move its target consumers into at least the “Preference”‚ but preferably the “Conviction” stages of buying process. 2. With its focus on the "super fan"‚ does BK risk alienating other customers? What are the implications
Premium Marketing Target market Promotion and marketing communications
W5 ASSIGNMENT 1. What do you think of Burger King’s advertising tactics? Is it OK to attract new customers while alienating others? Is Burger King’s advertising ethical? Explain. The success of advertising is very often based on its ability to surprise or in BK’s case shock the viewer. I think that the goal of each organization is to maximize its profits. BK like all organizations had a particular target market segment which it wanted to cater to. Thus‚ its advertisements
Premium Marketing Advertising Psychological manipulation
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
Premium Strategic management Fast food
Presented BY: Walid ElKateb Burger king is the second largest fast food hamburger chain in the world with more than 12‚174 restaurants across 76 countries 60% of which are located in the US & 90% of its restaurants are franchised. By looking at the industry‚ we can see that Burger king is operating within the fast food hamburger (FFHR) category of the quick service restaurant in the restaurant industry
Premium Strategic management
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
Premium Burger King
Strategic Hospitality Management -University of West London- Module Leader: Terry McCusker Student ID: 21239704 Business bits: Burger King Burger King Worldwide Inc. reported the third quarter situation this morning. What has happened to profits comparing to last year? In the third quarter of this year‚ the reports are showing a profit of $68.2 million or 19% a share comparing to $6.6 million or 2% a share‚ an year earlier. Beside this‚ the per-share earnings rose
Premium Burger King Fast food
| |Instructor: | Qi Jun | |Homework: |McDonalds Corporation & Burger King Corporation | |Name: |张健鸿 | |Student ID No.: |10210412
Premium Hamburger Patty Burger King