Ratio analysis gives potential investors insight on how well the company is doing. Liquidity Ratios measure the company’s ability to pay off short term debts. Based on the company’s current ratio‚ it has been increasing over the years and it is obvious the company is able to pay off its obligations being that the ratio is above 1. The company’s quick ratios has increased over the years and being that it is greater than 1‚ the company has the ability to use quick assets to payoff current
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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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McDonald’s The business began in 1940‚ with a restaurant opened by brothers Richard and Maurice McDonald at 1398 North E Street at West 14th Street in San Bernardino‚ California. Their introduction of the "Speedee Service System" in 1948 furthered the principles of the modern fast-food restaurant that the White Castle hamburger chain had already put into practice more than two decades earlier. The original mascot of McDonald’s was a man with a chef’s hat on top of a hamburger shaped head whose
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Burger King vs. McDonald’s Burger King and McDonald’s are two of the most popular fast food restaurants and have been in competition for years. Both of the restaurants have been in business for over 50 years‚ though Burger King was started before McDonald’s. Burger King was established in 1953 as Insta-Burger based in Florida. The company ran into financial issues and was bought out by David Edgerton and James McLamore in 1954‚ and the name was then changed to Burger King and a year later‚ the king
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In Burger King‚ the Supreme Court held that Florida had specific jurisdiction over Rudzewicz’s because he had purposefully availed himself to Florida by ‘purposefully directing his efforts towards the state’. See Id. at 476. Id. at 487. Rudzewicz and a partner‚ both residents of Michigan‚ had purchased a Burger King franchise through Burger King Corp’s Michigan office. Id. at 466. Rudzewicz was unable to keep up with the monthly payments and Burger King Corp brought suit in their home state
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Crushes Burger King Year After Year After Year by Marcus Sheridan I love talking about food. And I love talking about business. Even better‚ most of the people that read this blog share these same passions and so today I’m going to deviate a little from the norm and have a little fun analyzing two household names that we’ve all grown up experiencing quite a bit of:McDonald’s and Burger King. The other day‚ as I was standing at a gas station I looked out to see a McDonald’s and Burger King on opposite
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PROMOTIONAL STRATEGIES * The build-your-own-burger option appeals to nearly two of three diners and 64% say they want to at least customize their burger’s toppings. * Using fresh‚ never-frozen beef? Let diners know because 51% say that’s important to them. * “aggressive short-term discounting tactics” in the U.S. But in Australia‚ McDonald’s next week will begin offering the ultimate discount: free food. * On July 29‚ McDonald’s stores in Australia will be giving away free Bacon
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work on one of the following 3 cases. The due date of the report is Monday Dec 7th‚ 5pm. Submit your case study report in an MS Word file to me by e-mail. Case 1: Burger King Write a brief (3-5 pages) report to discuss the followings. 1. What are the major operational differences between McDonald’s (McD) and Burger King (BK)? 2. How do these differences relate to each company’s method of competing in the marketplace? 3. What implications do these differences have for the management
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For years‚ McDonald’s and Burger King (BK) have been the world’s two largest and most successful fast food chains. Both have battled out all these years over their operational differences which form the core of their corporate culture. The “Doing It All For You” (McDonald’s) vs. “Having It Your Way” (BK’s) stems from their respective production methods. McDonald’s “Made to Stock” vs. BK’s “Made to Order” also originate from the differences in their respective processes. Exhibits 1 and 2 show the
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processes. They have consistently hired friendly employees that contributed to customer satisfaction. And they successfully focused upon a specific target market for over forty-two years‚ the family. McDonald’s has maintained an unremitting marketing strategy specifically designed to attract families that include products‚ pricing‚ site locations‚ and advertising and media efforts. All of these strategic initiatives have contributed to the historical success of the organization. However‚ despite increasing
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