McDonald’s Corporation emerged as the world’s largest chain of hamburger fast food restaurants, serving 119 countries; it has become an icon in the fast food industry. Competitors (such as: Burger King Corporation, Subway, Starbucks, Wendy’s/Arby’s Group, and YUM Foods), struggle due to McDonald’s heavy caliber presence, in fact, due to its presence, McDonald’s does not have any real competitors. Therefore, McDonald’s presence reflects the following issues: food quality, unbalanced meals, service, and employee turnover.…
The fast food, or quick service restaurant industry (QSR), represents approximately 200,000 restaurants and $155 billion in sales in the U.S. alone, they are one of the largest segments of the food industry (Hoovers, 2011). This segment of the restaurant industry is “highly competitive and fragmented… number, size and strength of competitors vary by region, market and even restaurant. All of these restaurants compete based on a number of factors, including taste, quality, speed of service, price and value, name recognition, restaurant location, customer service and the ambience and condition of each restaurant” (Chipotle, 2010).…
BURGER KING SEEKING CONSISTENCY Burger King: Seeking Consistency in Leadership and Image For nearly 60 years, Burger King has served flame-broiled hamburgers at an affordable price. In this sense, the fast-food chain best known for its over-sized sandwich has been nothing…
It should come as no surprise that Americans continue to thrive off of the fast food restaurant industry. For some time now, McDonald’s Big Mac and Burger King’s Whopper have been in direct competition to attract the fast food burger consumer. It has long been debated on which of these popular burgers are best, while each possess some similarities, they both offer big differences.…
First, the long-term objective must be acceptable by those whom the objective was meant to serve. Second, the objective must be flexible; otherwise, striving to complete an objective while ignoring outside factors may null the results or may be harmful to the organization. The objective must be measurable over time and motivate those that will carry out the work. The fifth and sixth characteristics are the objective must be understandable and achievable. The authors will define Burger King’s Long-term objectives as they align to the following areas: market position, image, public responsibility, and product innovation. Nowadays Burger King Corporation is the second largest fast-food chain in the United States, trailing only McDonald's. The company has more than 10,400 franchises and owns about 1,000 for chain wide, with locations in all 50 states and 56 countries around the world. The company serves 15.7 million customers each day and over 2.4 billion Burger King Hamburgers are sold each year across the…
Throughout the years’ hamburgers have encountered numerous changes, to become a part of American society and an icon for fast food restaurants. They were first introduced to United States as hamburger steaks then changed to hamburger sandwiches. People were mainly attracted to burgers due to their affordability; for example, during the 1920’s people could purchase a burger for five cents from White Castle. Later, corporations, such as McDonald’s defeated White Castle and took over the spotlight. McDonald’s was not just focused on affordability, it was also concerned about convenience and taste. For instance, McDonald’s Big Macs are convenient for consumers, since they are quickly made and are considered a meal themselves. Also, McDonald’s…
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.…
When looking at the internal factors of Burger King (BK) and Tim Horton’s (TH), the largest weakness is Burger King’s poor brand image. BK has global brand recognition but the poor image could be challenging to overcome and could even negatively impact TH’s image. TH’s image has allowed them to gain 70% of the market share in baked goods and 75% in coffee within the industry in Canada. In addition to TH’s high quality coffee they have followed trends by adding healthier options over the years, making their product offering a strength in today’s market. BK has not followed social trends, and instead has held out on the addition of healthier options and promoted their high calorie, high fat food. BK’s refusal to focus on healthier options is a weakness in today's environment and also a weakness going forward if they do not change. TH’s revenue growth, same-store sales growth and market share are a strength that can help stabilize BK’s slumping sales. It also means that TH’s…
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.…
Eric Schlosser is the author who has written about the fast food industry and he presents many of his findings in the book "Fast Food Nation". However, his book is not merely an expose of the fast food industry but is even more a consideration of how the fast food industry has shaped and defined American society in America and for other nations as America exports its fast food culture to others. Schlosser describes a great deal of American culture to the fast food mentality, and he finds that globalization is taking the fast food culture around the world at a rapid rate. Schlosser addresses a number of specific issues related to food production and distribution. He connects the social order of a society to the kind of food it eats and the way it eats that food, with American society very much defined by the fast food culture that has developed. Schlosser tends to represent the theory stressing the importance of interdependence among all behavior patterns and institutions within a social system, as can be seen from how he connects fast food to other social processes and institutions.…
Posing to be a successful division of the organization, the Big Eats Deli sandwiches at 7-Eleven, Inc. were pleased with the continued progress this sector offered (Bell & Hagan, 2012). Utilizing a strategy determined in a cross-cultural market, 7-Eleven CEO James Keyes found it to be intriguing and challenging to implement such a plan in the United States. However due to strong competition amongst convenience stores in the United States and different eating habits of consumers, this proved to be a more difficult task than anticipated (Bell & Hagan, 2012).…
McDonald's and Burger King remain two of the most popular fast food restaurant choices for those looking for food on the fly. Both of these establishments serve a variety of hot sandwiches, fries, and sodas as well as offering some healthy alternatives, such as salads and fruit. However, whether they call it a Whopper or a Big Mac, the components make it a hamburger, that most American of American fast foods., In order to choose between them, one must look deeper than the menu. Both Burger King and McDonald's offer their customers quick, easy, and inexpensive meals, but they show marked differences in their approach to food preparation, customer service, and advertising.…
When expanding to new markets, international firms tend to attract customer attention due to their strong brand names. In addition, Burger King attracts a wide range of clients of all races and sex due to their wide range of products. The firm is also innovative, which enables it to create products designed to attract specific client groups. The firm is, however, faced with stiff competition from established local companies, which are in many cases supported by the socio-political classes in the new localities. In addition, some of the products produced by the firm are less appealing to local populations, which consider them unhealthy, resulting in fewer clients. Finally, labor costs in new localities have impeded the development of the firm.…
Two major ways in which Burger King differentiates itself from competitors are the way it cooks hamburgers by its flame- broiled method as opposed to grills that fry and the options it offers customers as to how they want their burgers. They also differentiated itself with some innovative advertising campaigns through the years, such as its use of a figure of a man who is the Burger “King”. In looking for new countries to enter, Burger King looks most favourably at those with large populations (especially of young people), high consumption of beef, availability of capital to franchisees for growth, a safe pro-business environment and availability of a potential franchisee with experience and resources.…
The global fast food market has in recent years, witnessed a significant boom, especially in Asia and Africa. In response to this, Burger…