Preview

Ghana market analysis for Burger King

Powerful Essays
Open Document
Open Document
8084 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ghana market analysis for Burger King
PROGRAM: INTERNATIONAL BUSINESS MANAGEMENT
COURSE: INTERNATIONATIONAL TRADE RESEARCH
312420034290000
BUSINESS SCENERIO: EXPORTING BURGER KING TO INDIA OR GHANA
GROUP MEMBERS: DEBASHIS MONDAL
FATUNBI MICHAEL
PRIYANKA SHARMA
SUKHDEEP BHANGU
GURLEEN KAUR
TITLE PAGE
TABLE OF CONTENTS EXECUTIVE SUMMARY INTRODUCTION
Company Background
Research Background
Research Objectives RESEARCH METHODOLOGY & PLAN SWOT Analysis
Ghana
India
Burger King Sources of Information
Primary Research
Secondary Research Market Analysis
Ghanaian Fast Food Market
Indian Fast Food Market Market Intelligence Ghana
Economic Conditions
Physical Geography
Climate
Factors Affecting The Market
Political & Legal Environment
Distribution
Product Specific Data India
Economic Conditions
Political & Legal Environment
Geography & Climate
Distribution
Factors Affecting Market
Product Specific Data COMPETITIVE INTELLIGENCE India
Market Characteristics
Major Competitors
Competitive Advantage Ghana
Market Characteristics
Major Competitors
Competitive Advantage DECISION, ACTION PLANS AND CONCLUSION Decision Short-Term Plan Long-Term Plan Conclusion
APPENDIX
Legal Requirements for Setting Up Business In Ghana
BIBLIOGRAPHY
EXECUTIVE SUMMARY
Burger King is a global-American chain of fast food restaurants, originating from Miami, Florida. The company was founded in 1953 by David Edgerton and James McLamore and currently operates over 13,000 outlets in 79 countries. The company menu has transitioned from their traditional hamburger, fries and soda to a wider variety. Approximately 90% of their outlets are privately held franchises, leaving the company relying solely on franchise fees. Their major global competitors include:
McDonalds
KFC
Subway
Wendy’s
Domino’s Pizza and
Pizza Hut
The global fast food market has in recent years, witnessed a significant boom, especially in Asia and Africa. In response to this, Burger



Bibliography: Sagaci Research. Ghana. (n.d.). Retrieved from http://sagaciresearch.com/countries/ghana/Ghana Business & Finance. Ghana’s Food Industry. (n.d.). Retrieved from http://www.ghanabizmedia.com/ghanabizmedia/septemberoctober-2011-food-a-beverage/417-hungry-for-investment-ghanas-food-industry.htmlBusiness Monitor International. Ghana. (n.d.). Retrieved from http://www.businessmonitor.com/ghanaLibrary of Congress. Country Profile: India. (n.d.). Retrieved from http://lcweb2.loc.gov/frd/cs/profiles/India.pdfWhy India’s Economy is Crumbling. n.d.). The NY Times. Retrieved from http://www.nytimes.com/2013/08/31/opinion/why-indias-economy-is-stumbling.html?_r=1&The Government of Prince Edward Island. (n.d.). India. Retrieved from http://www.gov.pe.ca/photos/original/wi_India.pdfIndians Prefer Domino’s Pizza Over Everything Else In Food Market. (2013, Sept. 27). The International Business Times. Retrieved from http://www.ibtimes.com/indians-prefer-pizza-specifically-dominos-dpz-over-mcdonalds-mcd-subway-everything-else-booming-fastAfrican Development Bank. (n.d.). Ghana Economic Outlook. Retrieved from http://www.afdb.org/en/countries/west-africa/ghana/ghana-economic-outlook/

You May Also Find These Documents Helpful

  • Good Essays

    My reason for writing this paper is to provide information on McDonalds’ Big Mac and Burger Kings’ Whopper. The information will help you decide which one meets your standards best: Whether it is its taste or its value. In today’s society the fast food nation is sky rocketing in business, and wherever you go, there will always be a competition between different fast food businesses.…

    • 673 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The McLawsuit

    • 1324 Words
    • 6 Pages

    Fast food is expected to rapidly gain market in Asia Pacific and Europe due to its affordability, easy accessibility and huge investment in promotional activities by leading players of the industry. Currently, burgers constitute the largest fast food segment and are expected to maintain their escalation in the upcoming years. Some of the key participants in fast food industry include McDonald, KFC, Bugger King, Pizza Hut and Dominos among others. In addition, a large number of local fast food vendors are present worldwide.…

    • 1324 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Note too that this essay is the intro to a collection of analyses on the inroads of fast foods in the Asian market: see USCan for further info / authors who have contributed to this collection edited and introduced by James Watson.…

    • 2020 Words
    • 9 Pages
    Good Essays
  • Better Essays

    Roy Rogers

    • 1359 Words
    • 6 Pages

    Competitors in the hamburger segment of the fast-food industry employed a number of strategies to prepare for the anticipated decline in hamburger demand. Most diversified their offerings with breakfast and developed new concepts such as drive-through-only units and home delivery. In addition to the anticipated decline in hamburger demand, there were several other pressures facing the industry. The first was changing demographics. Second, experts pointed out that many localities had become saturated with fast-food restaurants. Third, the cost of media advertising had risen dramatically making it difficult for smaller chains to afford this tool for increasing customer awareness. Last, because American consumers remained health conscious, they would continue to demand innovative product offerings that were both convenient and nutritious.…

    • 1359 Words
    • 6 Pages
    Better Essays
  • Best Essays

    Bibliography: * Fast Food Industry Profile: The United Kingdom’ 2012, Fast Food Industry Profile: United Kingdom, pg 1-35, Business Source Premier, EBSCO host, viewed [25/11/2012]…

    • 2859 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    Grill’d is an Australian business specialising in serving healthy, quality burgers. The company now has 67 restaurants across Australia. . This report outlines a plan for Grill’d to open its first international restaurant abroad in India. The Indian fast-food market is an attractive proposition with the countries industry estimated to be worth over a billion dollars (Nowak, 2013). Indians are showing a growing appetite for eating out and faster eating options with the Indian fast-food market…

    • 5205 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Burger King is a big business. They provide serves to customers in approximately 12,000 locations covering all 50 states and 73 countries worldwide. Most of their restaurants are independently owned and operated by franchisees (About the Burger King Corporation).…

    • 912 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Burger King has more than 12,000 outlets in 73 countries; 66% are in the United States and 90% are privately owned and operated. The company has more than 37,000 employees serving approximately 11.4 million customers daily…

    • 3128 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    This report will identify the impact of globalisation on the fast food industry. I will be looking at the factors that influence the industry as a whole and make special reference to Pakistan while exploring the Asian/Pacific economies. The aspect of globalisation will be mainly financial and economic though all factors will be taken into account while explaining the fast food phenomenon. I will identify the variables that have caused the expansion of fast food into becoming a multi billion-dollar industry over the last two decades and describe the implication of present and future technological developments.…

    • 5384 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Burger King was founded in 1954 in Miami, Florida. Burger King was founded by James McClamore and David Edgerton. BK's founders picked up an idea from some of their Cornell University classmates, Keith Kramer and Matthew Burns, for a stove called an "Insta-Broiler" and their restaurant called Insta-Burger King. After adjustments, they came up with a gas grill that they named a "flame broiler' to eliminate any problems. After visiting the McDonald brother hamburger stand in 1954, they bought the Insta-Burger King franchise. In 1957, Burger King introduced The Whopper their menu at the price of $0.37 to snag sales from McDonald's. In 1968, McDonald's introduced The Big Mac and apple pie to the menu. Both menu items were inspired and created by owner/ operators and franchisees. Three years after opening, BK decided…

    • 621 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Super Size Me

    • 961 Words
    • 4 Pages

    We then take a look at the massive number of fast food restaurants around the world, but primarily focus in on McDonald’s. With more than thirty thousand restaurants in over one hundred countries on six continents, McDonald’s is by far the largest fast food chain in the world, serving over forty-six million people worldwide every day and accounting for forty-three percent of the fast food market in the United States (Spurlock, 2004). The convenience of eating a meal at a McDonald’s is obvious, and their widespread number of locations make it easy to obtain their products; from highways and plazas to airports and hospitals.…

    • 961 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Many Detroiters love fast food, but consumers from around the globe love it just as much as any Detroiter. Restaurants like McDonald’s have broadened across the world, and surfacing markets are one of the fastest growing areas in the fast food industry. However, the fast food industry still has its’ challenges, particularly in the United States. From economic recession and changing views about health and rising food costs, many fast food chains have been experiencing some serious issues internally and externally.…

    • 1189 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Burger King Case

    • 888 Words
    • 4 Pages

    In India, they will have lesser chance to grow their business although there is a vast market for any company cannot resist getting in to it. However, Burger King is Knows for the Non-Vegetable product and India’s most of the population consumes Vegetable products more. Therefore, in India, there will be a large market but lesser chances to expand their business and getting successful; they cannot get the success in India without changing their uniqueness. Nigeria is not a large and vast market to get into as they have a smaller population and lesser ratio of youth people.…

    • 888 Words
    • 4 Pages
    Good Essays
  • Good Essays

    After that, the world's three major brands from the United States KFC, McDonald's, Pizza Hut is also well known that they constitute a powerful fast-food empire and rapid development. People can see their shadows anywhere in the world. However, as a high-calorie high fat snack foods and which affect people's health. This booming business not only on the economy but also on the quality of life produces a double impact.(American…

    • 1213 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    References: Lee, K., Carter, S (Dr.), (2009), Global Marketing Management. 2ndEd. USA, Oxford University Press. www.africanguide.com (1996 -2011), The African Guide [Internet]. Available from: [http://www.africanguide.com/country/malawi/culture ]. [Accessed on 11/01/2011] www.malawi-invest.net (1991-2011), Malawi Investment Promotion Agency [Internet]. Available from: [http://www.malawi-invest.net]. [Accessed on 23/12/2011] www.bmc.bw (2005-2011), Botswana Meat Company, [Internet]. Available from:[http://www.bmc.bw/history]. [Accessed on 15/12/2010] Masina, L., (2009), Rise of new African Star: Malawi’s economic performance continues to astonish. African Business, [Internet]. Available from: [http://findarticles.com/p/article].[Accessed on 14/01/2011] Roman, (2009), Top fastest growing economies in 2009, Financial Jesus, [Internet], 6 January 2009. Available from: [http://www.financialjesus.com/interesting-economies/topfastest growing]. [Accessed on 14/01/2011] www.howwemadeintoafrica.com (2010), Opportunity exist to invest in Malawi’s livestock industry, [Internet]. Available from: [http://www.howwemadeitinafrica.com/businessopportunities-in-malawis-livestock-industry].[Accessed on 12/01/11] www.malwivoice.com (2011), Malawi imports 120 tonnes, [Internet] Available from: http://www.malawivoice.com/business/malawiimports120tonnes [Accessed on 12/01/2011] www.bertelsmann-transformation-index.de (2010), Malawi country report, [Internet]. Available from: [http://www.bertelsmann-tranformation-index.de/bti/Malawi] [Accessed on 12/01/2011] Gondwe, T.N.P., Wollny, C.B.A., Changunda, M.G.G.,Safalaoh, A.C.L., Chilera, F.C., (2006), Community based promotion of rural poultry diversity and utilisation in Malawi [Internet] . [Accessed on 12/01/2011]…

    • 3767 Words
    • 16 Pages
    Powerful Essays