A core competency is a concept in management theory originally advocated by C. K. Prahalad‚ and Gary Hamel‚ two business book writers. In their view a core competency is a specific factor that a business sees as being central to the way it‚ or its employees‚ works. It fulfills three key criteria: 1. It is not easy for competitors to imitate. 2. It can be re-used widely for many products and markets. 3. It must contribute to the end consumer’s experienced benefits. The importance of the
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Information Burger King was founded in 1954 in Miami‚ Florida by James McLamore and David Edgerton. There are more than 11‚000 globally in more than 60 countries. In 1957 the WHOPPER is their most famous menu item‚ and has been their signature item ever since. In 1958 the Burger King Corporation aired their first television campaign. Then in 1963 two restaurants opened in Puerto Rico for their very first international market. 1975 was the introduction of the “Drive-thru service” in the U.S. Burger King
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Executive Summary Burger King which started of as a partnership organization between James Mclamore his partner David Edgerton in 1954 is now owned by a group of investors led by Texas Pacific Group‚ and this has been the case since 2002. Burger King does not only seek to maximize profits‚ but also customer satisfaction. Since it was just recently introduced in the Middle East and precisely in Egypt‚ one of its major objectives is to increase awareness to its new market. Burger King started of with
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Disney’s Core Competency Walt Disney once noted: “I only hope that we don’t lose sight of one thing – that it was all started by a mouse”. (Disney Dreamer‚ 1998). Walt Disney’s original core competence was cartoons and animated movies. By combining Imagineering with engineering Disney’s company reached unparalleled success with the creation of the first full length animated movie. This success led to new ideas and one of them was to open a park‚ a different kind of park. In Disneyland Walt used
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2. What are core competences? Core competences are critical capabilities to a business achieving competitive advantage. The starting point for analysing core competences is recognising that competition between businesses is as much a race for competence mastery as it is for market position and market power. Senior management cannot focus on all activities of a business and the competencies required to undertake them. So the goal is for management to focus attention on competencies that really affect
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doesn’t sound like Burger King. There’s a quiet whir of blenders crafting made-to-order smoothies with real strawberry‚ banana and mango pieces. Nor does it taste like Burger King. Not when one of its three new salads is topped with tangy apple slices and dried cranberries‚ and covered in an apple cider vinaigrette. You can even get made-to-order frappés. • PHOTOS: See Burger King’s new food and look • VIDEO: People check out Burger King’s new menu But this is Burger King‚ all right — with
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| Burger King | | BA330 Marketing Communications | | Burger King | | BA330 Marketing Communications | grantham university October 4‚ 2012 Felix E Rivera grantham university October 4‚ 2012 Felix E Rivera 1. Do you think using an alternative digital media approach to reaching the target audience would be a long-term strategy or is just a short-term tactic? In our case study reading‚ Burger King uses the Facebook social network as their alternative digital media
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Executive Summary Burger King Worldwide‚ Inc. (“BKW”‚ the “Company” or “we”) is a Delaware corporation formed on April 2‚ 2012 and the indirect parent of Burger King Corporation (“BKC”)‚ a Florida corporation that franchises and operates fast food hamburger restaurants‚ principally under the Burger King® brand. Burger King is the world’s second largest fast food hamburger restaurant‚ or FFHR‚ chain as measured by the total number of restaurants. As of December 31‚ 2012‚ Burger King owned or franchised
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Burker king I would first talk a little bit of their history‚ so we can have an idea of how BK became well-known‚ first im going to start by illustrating when it first stated and then how they continue to expand. I would go ahead and focus on some of their main facts. Im going to begin by where it first began back in 1954‚ founded by two individuals‚ David Edgerton and James McLamore in Miami‚ Florida. In where by 1955‚ they introduce their famous whopper burger‚ which lead BK to become the home
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Burger King: Promoting a Food Fight I. Introduction Today‚ Burger King Corporation‚ as the fourth largest fast food restaurant chain overall after “Yum! Brands” (34‚000 locations)‚ McDonald’s (31‚000 locations) and Subway (28‚400 locations)‚ owned or franchised a total of 12‚174 restaurants in 76 countries‚ of which 1‚387 restaurants were BK Co.’s restaurants and 10‚787 were owned by its franchisees. The two main successful factors of BK are market expansion by strong franchising
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