| Burger King | | BA330 Marketing Communications | | Burger King | | BA330 Marketing Communications | grantham university October 4‚ 2012 Felix E Rivera grantham university October 4‚ 2012 Felix E Rivera 1. Do you think using an alternative digital media approach to reaching the target audience would be a long-term strategy or is just a short-term tactic? In our case study reading‚ Burger King uses the Facebook social network as their alternative digital media
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Background According to Burger King’s 2012 Annual Report‚ Burger King Worldwide‚ Inc. (Burger King) is a Delaware corporation formed on April 2‚ 2012 and the indirect parent of Burger King Corporation‚ a Florida corporation that franchises and operates fast food hamburger restaurants‚ principally under the Burger King brand. The company is the world’s second largest fast food hamburger restaurant (FFHR) based on total number of restaurants. As of December 31‚ 2012‚ Burger King owned or franchised a
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MARKET STRUCTURES IN THE PHILIPPINES “A term paper submitted as a partial fulfillment of the requirements in Microeconomics” Submitted by : Jake Kevin P Borja BSBM – IIB Submitted to: Ms. Azelle Agdon Date of submision : October 10‚ 2012 I. Introduction Any study of economics has to begin with an understanding of the basic market structure of the country. An economy is made up of producers of goods and services‚ of
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or business fits within today’s society. Knowing where their product fits within the market structures will help the business owners in determining how to market their services or products. They also must know the number of consumers that require the product or service. This will give the local economy as well as global economy a much greater chance to accept the business or service. There are four market structures that businesses fall into; a monopoly‚ an oligopoly‚ a monopolistic competitor‚ and
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In a oligopolic market structure‚ there are a few interdependent firms that change their prices according to their competitors. Ex: If Coca Cola changes their price‚ Pepsi is also likely to. Characteristics: Few interdependent firms A few barriers to entry Products are similar‚ but firms try to differentiate them There is branding and advertising Imperfect knowledge (where customers don’t know the best price or availability) To compete or collaborate? Since firms are interdependent‚ they
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Information Burger King was founded in 1954 in Miami‚ Florida by James McLamore and David Edgerton. There are more than 11‚000 globally in more than 60 countries. In 1957 the WHOPPER is their most famous menu item‚ and has been their signature item ever since. In 1958 the Burger King Corporation aired their first television campaign. Then in 1963 two restaurants opened in Puerto Rico for their very first international market. 1975 was the introduction of the “Drive-thru service” in the U.S. Burger King
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What are the target markets? Of burger king Burger King Rebrands: New Colors‚ More Quality‚ Less King Last week‚ McDonald’s basically told activists against childhood obesity to go jump in a burning hot Fryolater if they thought they were going to get rid of Ronald McDonald. This week‚ Burger King and its new ad agency are telling its mascot to take a vacation. In fact‚ Burger King is getting a much bigger change than giving the guy with beard and crown a rest. TheMiami Herald reports that
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Outline 2 Introduction Mission statement Vision statement Nature of the product how does burger king achieve its two fold goal Branding STP Service style Product style Outline 3 Marketing department Marketing techniques Burger king’s environmental internal forces Burger king’s environmental external forces Burger king’s Marketing Mix BCG Matrix Conclusion Introduction 4 Mission statement 5 “We will prepare and sell quick service food to fulfill our guest’s
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Oligopoly In a oligopoly market structure‚ there are a few interdependent firms that change their prices according to their competitors. Ex: If Coca Cola changes their price‚ Pepsi is also likely to. Characteristics: * Few interdependent firms * A few barriers to entry * Products are similar‚ but firms try to differentiate them * There is branding and advertising * Imperfect knowledge (where customers don’t know the best price or availability) Revenue Curves Total Revenue
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export in 1993‚ with a modest quantity & value‚ GFC is now exporting its products to the tune of US$ 12 million annually to more than 30 countries in the World. GFC fans became an instant success due to their quality and durability in the entire markets share these were introduced including countries in Asia‚ Middle East‚ and Africa & Europe. GFC became the first electric fan manufacturing company to win Export Trophy Award in Pakistan. Now‚ GFC has won its 12th Export Trophy Award. GFC also
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