EXTERNAL ENVIRONMENTAL FACTORS There are 7 external environmental factors. They are political‚ economic‚ sociocultural‚ technology‚ customers‚ competitors and suppliers. Each of these factors have a great impact to an organization. They offer both opportunities and treats to organization. POLITICAL factors refer to the relationship between a business and a government. Every organization must spend a great time and money to meet with governmental regulation. ECONOMIC factors refer to the conditions
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mohmed Summary of Samsung vs. Apple Achieving the Strategy with a Marketing orientation Marketing strategy Apple The strategy that apple follow is to make distinct position in the market‚ and decide to focus on the needs and desired of the customers through innovation and create a new product. They do deeply into the simple detailed of the product to come up with different and great product. The make the customers satisfied about the high prices through providing benefits‚ good quality
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Introduction Burger King or McDonalds? In the United States‚ these two companies equally compete for consumers. Americans usually favor one company over the other or just choose to eat at whichever is more convenient to them. For the American people‚ Burger King is as common of a household name as McDonalds. However‚ in Japan‚ the Burger King brand is one that is not very well known. Burger King has been trying to tap into the Japanese market for some time now. McDonalds‚ KFC‚ and Pizza Hut are
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McDonald’s vs. Burger King Wendy Raypush Comm/155 March 17‚ 2013 Bryan Narendorf McDonald’s and Burger King are both fast food restaurants in a demanding world. They are both franchises which mean each is owned by an individual and operated under the name and guidelines of the franchise. They are known for their hamburgers and french fries. McDonald’s and Burger King compete who serves the better nutritional hamburger‚ who provides the best service and who has the better atmosphere. Both
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companies create value for customers and build strong customers relationships in order to capture value from customers in return‚ Kotler & Armstrong (2010). Burger King Corporation (BKC) is one of the world’s leading fast food restaurants with more than 12‚170 restaurants in 76 countries throughout the world. The chain offers a range of burgers‚ sandwiches‚ salads and breakfasts‚ french fries‚ soft drinks and other food items. The company generates revenue from three sources: retail sales at company
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| |Instructor: | Qi Jun | |Homework: |McDonalds Corporation & Burger King Corporation | |Name: |张健鸿 | |Student ID No.: |10210412
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Case Study #6 Burger King and Crispin 1. What are Burger King’s communication objectives for its tar-get audience? In 2004‚ Burger King’s CEO Brad Blum realized that in order to compete with large chains like McDonald’s and Wendy’s‚ the company needed to market their product in ways that their target market would perceive better. The first set of commercials that Crispin produced for BK where targeted more towards the mainstream media in a series of offbeat ads that were a takeoff on the comedy
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BURGER KING VIEWPOINT This case was analyzed from the point of view of Burger King’s Marketing Manager. TIME CONTEXT The case happened in September of the 2010. STATEMENT OF THE PROBLEM • How to minimize the negative feedback/perception of the company’s buy-in from a private company? • What measures could Burger King do to dethrone McDonald’s as well as hold off the challenge of a number of other chains that were growing in size and competitive power? STATEMENT OF THE OBJECTIVES
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local factors such as adverse economic situation‚ labor strikes and changes in regulations that can affect its operations.• Scattered Marketing Campaign -Fail to efficiently promote products‚ because they are too busy trying to promote “The King” character .• Declining market share• Slowed revenue and income growth Have it your way 18. SWOT Analysis Cont.… Opportunities:• New products development -BK value menu featuring six items at less than $1‚ breakfast sandwiches‚ and specialty burgers.• New
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operated by either a franchisee‚ or the corporate itself‚ approximately 15% of McDonald’s restaurants are owned itself directly and the remainder are operated by other through a variety of franchise agreements and joint ventures. 4.2 Burger King Burger King is founded United States in 1954‚ it is the second largest chain of hamburger fast food restaurant in terms of global locations. They owned a total of 12‚521 restaurants in 81 countries‚ approximately 90% of the current restaurants are franchised
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