organization ’s financial status is healthy. Burger King and McDonald ’s are two organizations that use financial statements in conducting business. Further‚ this paper will discuss the financial statements of each company‚ the firms which audit each companies financial statements‚ and define accounting concepts‚ terminologies‚ and transactions used in the financial statements. Additional information will provided regarding when McDonald ’s and Burger King were established and what product and services
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Report for Burger King case A. Organization Background 1. History and Overview Burger King was founded in 1954 by James McLamore and David Edgerton in Miami‚ Florida‚ USA.The signature Whopper® sandwich was introduced in 1957 and became famous.Since June 20th ‚2012‚ they had changed the name to Burger King Worldwide‚ Inc. andlisted their share in New York Stock exchange under the symbol “BKW”. Burger King is the world’s second largest fast food restaurant‚ which mainly competes against
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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. The company began in 1953 as Insta-Burger King‚ a Jacksonville‚ Florida-based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954‚ its two Miami-based franchisees‚ David Edgerton and James McLamore‚ purchased the company and renamed it Burger King. Over the next half century‚ the company would change hands
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Executive Summary Primary Problem: Burger King must determine if the expansion of Tim Hortons into US markets is necessary for the successful growth of the company. Alternative Solutions: 1. No expansion of Tim Hortons into the US market 2. Expand Tim Hortons into the US market as a stand alone company 3. Expand Tim Hortons into the US through presence in Burger King restaurants Recommendation: In order for both Burger King and Tim Hortons to reach their maximum growth potential‚ it is necessary
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References: - Christopher H. Lovelock‚ Jochen Wirts‚ Patricia Chew‚ 2009. Essentials of Services Marketing‚ Pearson Education South Asia Pre Ltd. - http://en.wikipedia.org/wiki/Burger_King: General about Burger King - http://diadiemanuong.com/home/f11/%5Breview%5D-burger-king-vietnam-huong-vi-la-vua-26175/ - http://www.hotdeal.vn/ha-noi/buffet-nha-hang-sen-viet-4238.html - http://giaoduc.net.vn/Ban-doc/Vu-nha-hang-Sen-VietChung-toi-se-tra-lai-tien-va-xin-loi-khach-hang/182915.gd
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New Healthy Fruit Smoothie at Burger King If fast food is unhealthy and is believed to cause obesity‚ why is there still a fast food restaurant every few blocks? Perhaps because there are a lot of people who are still consuming fast food and backing its business‚ the fast food industry survives and appears to even increase. The fact that modern life is fast paced as well as the economy hasn’t fully recovered makes people prefer to work more consistent and eat faster. Needless to say‚ the competition
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Rough draft Com/155 Mary Harmon By Jennifer Goldberg McDonald’s and Burger King make huge profits. Both fast food restaurants are able to serve thousands of people daily. Due to the advertising that both places do like McDonald’s sends out flyers in the mail so does Burger King. When watching television there are commercials about both restaurants. I have gotten coupons for Burger King on my receipts at my local corner store. Which McDonald’s does not do that with coupons on receipts? The way
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two Burger King restaurants located in a suburban Atlanta market area to study the demand for its basic hamburger meal package–referred to as “Combination 1" on its menus. The two restaurants face competition in the Atlanta suburb from five other hamburger restaurants (three MacDonald’s and two Wendy’s restaurants) and three other restaurants serving “drive-through” fast food (a Taco Bell‚ a Kentucky Fried Chicken‚ and a small family-owned Chinese restaurant). The owner of the two Burger King
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Human resources means when a business has a forecast and a projection of its future staff needs. This means that the business can develop appropriate strategies for the recruitment‚ training and development of its staff. Within a small business‚ with perhaps one or two employees‚ responsibility for human resources will lie with the owner or with the partners while large organizations with many employees on the other hand‚ will have a whole section devoted to personnel. The social reformer Before
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consumer’s needs. The basic fundamentals of fast food have not changed; deliver food to customers as fast as possible. Eating fast food is something that I have not done in over four years. I decided to take a friend of mine to help me evaluate Burger King and McDonalds. Both of these restaurants are similar in many ways but also have many differences when it comes to taking orders. The production process of both restaurants is very different because of this the results are very different and customer
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