Question 4 Assess the strategic alternative used by the firm Burger King is the world’s largest flame broiled fast food restaurant chain. As of mid-2009‚ it operated about 12000 restaurants in all 50 states and in 74 countries and U.S. territories worldwide through a combination of company-owned and franchised operations‚ which together employed nearly 400‚000 people worldwide. Two major ways in which Burger King differentiates itself from competitors are the way it cooks hamburgers by its
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companies create value for customers and build strong customers relationships in order to capture value from customers in return‚ Kotler & Armstrong (2010). Burger King Corporation (BKC) is one of the world’s leading fast food restaurants with more than 12‚170 restaurants in 76 countries throughout the world. The chain offers a range of burgers‚ sandwiches‚ salads and breakfasts‚ french fries‚ soft drinks and other food items. The company generates revenue from three sources: retail sales at company
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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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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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SWOT Analysis Overview Strengths:• Strong market position -BKC is the worlds second-largest FFHR chain as measured by the total number of restaurants and system-wide sales.• Greater franchise mix -As a result of its higher franchise mix‚ the company is able to grow with minimal capital expenditure and is assured of regular income in the form of fees and royalties.• Robust financial performance -Revenues and Income have consistently grown providing a platform for Global Brand Equity.future growth
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by Ray Kroc‚ in Des Plaines‚ Illinois‚ on April 15‚ 1955‚ the ninth McDonald’s restaurant overall. Kroc later purchased the McDonald brothers’ equity in the company and led its worldwide expansion‚ and the company became listed on the public stock markets in 1965. Kroc was also noted for aggressive business practices‚ compelling the McDonald brothers to leave the fast food industry. The McDonald brothers and Kroc feuded over control of the business‚ as documented in both Kroc’s autobiography and in
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better burger has been going on since businesses began to sell hamburgers and compete with other businesses selling the same product. To create the better burger is the goal of any business that sells burgers since having the best will draw in customers‚ increase sales‚ and help to establish repeat business. It seems that in the past couple of decades there has been a battle of the burgers with two worldwide established fast food restaurants between the McDonald’s franchise verses the Burger King franchise
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1. When comparing McDonalds’ service to Burger King’s‚ the service at Burger King is faster. 2. Burger King is known to provide the customer with many choices and also to provide quicker service. 3. burger king uses a grill to cook their meat while mcdonalds just uses an industrial stove top‚ the meat is more greasy at mcdonalds 4. McDonald’s had over 21.6 billion dollars in revenue last year. Burger King had only about 10% of that with the sales totaling 2.06 billion dollars last year. 5. Comparing
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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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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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