Burger King
Many economic, sociological, demographic and cultural factors affect consumption patterns for food and for specific food products. Demand factors for any product, other than price of this product, are real income, prices of related goods and tastes, and the total gross country demand for a specific good is also dependant on total number of buyers and consumer expectations relating to the future, changes in which will lead to increasing consumption of one type of goods and decreasing purchasing of others. For a normal good demand increases with the real income of purchasers rising and normal good are price sensitive. Changes in the price of the product will lead to increasing or decreasing demand per capita of this product, but changes in the policy and other factors influencing tastes can lead to increasing or decreasing demand for the product at any given price. Fast food services are not normal good…...

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Total country economic development leading to currency ratio to other global currencies can affect consumer attitudes towards their future and also will translate into present consumption patterns. Negative future expectations will lead to higher saving rates and thus lower present consumption, while positive future expectations can lead to already today higher consumption due to higher expected future generated wealth. Negative expectations can occur due to increasing inflation which will then lead to more people wishing to spend as much money as possible today in order to avoid its' devaluation and increasing inflation expectations can lead to producers increasing their prices already today due to these negative feelings which can give push to inflation spiral.

The inflation is expected to be rather stable the following three years, not leaving the target of 3% annually, according to National Federal reserve system and it is subject to influences of oil prices which are expected to stabilize over time. One of the factors that lead to strengthening USA economy is diminishing imbalance of current accounts for the U.S.A., federal budget deficit is diminishing together with trade balance recovering. USA economy has proved to be ahead the global business cycle with the growing employment rate with growing productivity rates. Expansion federal policy proves that there are still free resources in the economy and GDP growth will nevertheless slow from 3,6% in 2005 to 3,3% in 2006 and 3,1% in 2007.

Personal

Burger King Mexico Entry Plan
BK Mexico Entry Plan

The author of this paper is asked to propose a marketing and staffing plan to make entry into the Mexico market under the Burger King name. The author will lay out how the menu and other aspects of the chain should manifest itself in Mexico. The author will also offer a general staffing plan that accounts for wage and benefit levels and human resources policies in general.

Marketing Plan

Any person familiar with international marketing knows that using a one-size-fits-all approach to chain stores in different countries at the same time around the world is just silly if not dangerous. For example, marketing pork products in dominantly Muslim areas will raise some eyebrows as well marketing hamburgers in India. Both of these are a bad idea because the prevailing culture in question look dimly upon the consumption and mass marketing of those sorts of products…...

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References

Barstow, D. (2012, April 21). At Wal-Mart in Mexico, a Bribe Inquiry Silenced - NYTimes.com. The New York Times - Breaking News, World News & Multimedia. Retrieved September 8, 2013, from  http://www.nytimes.com/2012/04/22/business/at-wal-mart-in-mexico-a-bribe-inquiry-silenced.html?pagewanted=all&_r=0 

Garside, J. (2013, September 5). Workers' rights 'flouted' at Apple iPhone factory in China | Technology | The Guardian . Latest news, world news, sport and comment from the Guardian | theguardian.com | The Guardian . Retrieved September 8, 2013, from  http://www.theguardian.com/technology/2013/sep/05/workers-rights-flouted-apple-iPhone-plant 

Motlagh, J. (2013, September 7). Survivors of Bangladesh garment factory collapse still suffering, 5 months later - The Washington Post. The Washington Post: National, World & D.C. Area News and Headlines - The Washington Post. Retrieved September 8, 2013, from  http://www.washingtonpost.com/world/asia_pacific/survivors-of-bangladesh-garment-factory-collapse-still-suffering-5-months-later/2013/09/07/10cd9e52-156e-11e3-804b-d3a1a3a18f2c_story.html 

Putnal, O. (2013, September 8). McDonald's Food Menu - Global McDonald's Menu Items at WomansDay.com - Woman's Day. Healthy Recipes and Relationship Advice to Live Well Every Day - Woman's Day. Retrieved September 8, 2013, from  http://www.womansday.com/food-recipes/11-global-mcdonalds-menu-items-104999

Using cultural dimension frameworks including the Hofstede Model of Cultural Dimensions will also give Burger King greater insights into how they can successfully launch into smaller, yet highly profitable nations (Hofstede, McCrae, 2004).
If given the responsibility of running Burger King as CEO, I would actively concentrate on every aspect of quality first and also measure customer satisfaction constantly. My first series of strategies would be to measure service quality across as many dimensions as possible using the SEVQUAL methodology (Parasuraman, Berry, Zeithaml, 1991). This would provide invaluable insight into how best to progress with in-store improvements, while also gaining insights into how Burger King is perceived by each segment of customer as well. Second, I would concentrate on continual training and the development of better techniques for managing the "have it your way" process looking to make new product introductions quickly capitalize on this core strength of the company.…...

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References

Daniels, J., Radebaugh, L., & Sullivan, D. (2011). International business, environment & operations (13th ed.). Upper Saddle River, NJ: Prentice Hall., 465-470.

Geert Hofstede, & Robert R. McCrae. (2004). Personality and Culture Revisited: Linking Traits and Dimensions of Culture. Cross - Cultural Research, 38(1), 52-88.

Guerrero, A.. (2010, October). Brazil. Global Finance, 24(9), 18.

Parasuraman, A., Berry, Leonard L., & Zeithaml, Valarie A.. (1991). Refinement and Reassessment of the SERVQUAL Scale. Journal of Retailing, 67(4), 420.

Burger King went public in 2003 after years of private ownership and currently operates 12,000 stores in 74 countries (Daniels, adenbaugh & Sullivan, 2009). Burger King's core competency is making flame broiled hamburgers to order which is reflected by its slogan "Have it Your Way" (Daniels et al., 2009). The company uses innovative advertising strategies to differentiate itself from the competition by emphasizing the use of its flame broiled method of cooking hamburgers (Daniels et al., 2009). Even though hamburgers are the main menu item, Burger King has successfully experimented with other foods, including most recently pork ribs which were a huge success (Orensky, 2010). This shows that the company is capable of expanding on its core competency, which is important for international growth.
The bulk of Burger King's restaurants are located in the U.S. And Canada, which accounts for 69% of its revenue (Daniels et al., 2009). Burger King has…...

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References

Daniels, J.D., L.H. Radebaugh and D.P. Sullivan (2009). International Business: Environments and Operations (12th ed.). New Jersey: Pearson Prentice Hall.

Burger King (2010 January 21). First Burger King Restaurant Opens in Russia. Retrieved from http://investor.bk.com/phoenix.zhtml?c=87140&p=irol-newsArticle&ID=1377824&highlight=

Murphy, Kevin (2010). International Franchising Strategy. Retrieved from http://www.franchisefoundations.com/internationalfranchising.html

Ozersky, Josh (2010 July 6). Burger King on the Bone: A Rib Success Story. Time. Retrieved from  http://www.time.com/time/nation/article/0,8599,2001661,00.html#ixzz199m2q7OB

urger King Case Study
urger King's global ambitions for growth haven't been as successful as the company originally planned, especially in nations where supplies essential to their business model were not plentiful. The case, urger King eefs Up Global Operations, (Daniels, Radebaugh, 2011) shows how the company struggled to re-enter Columbia. What urger King did do very well was capitalize on its core strengths from a cultural standpoint, which led to their having success in razil. Headquartered in Miami, Florida urger King understands the Latin American mindset when it comes to food. This, along with the ability to understand the razilian fast food market better than their American-based fast food competitors, led to their success (Wall Street Journal, 2004).

Analyzing urger Kings' Success with Global Operations

At the center of what makes urger King a unique business is how consistently each franchise and company-owned location is able to deliver consistently high quality food,…...

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Bibliography:

Daniels, J., & Radebaugh, L. (2011). International business: Environments and operations (13th Ed.). Upper Saddle River, N.J.: Pearson Education/Prentice Hall.

Patton, L. (2014, Sep). Have we reached peak burger? Business Week.

Sharma, S., & Kurian, B. (2013, Feb 01). Burger king in talks to revive India plans food]. The Economic Times (Online)

Updike, E.H. (1996, Nov 25). Burger king wants to build a kingdom in Asia. Business Week, 52.

Strategy Analysis Comparison

The strategy of BKC relies on increasing sales growth, enhancing restaurant profitability, developing innovative marketing strategies, improving value and quality, expanding the international platform, improving the restaurant development and expansion, using proactive portfolio management in order to influence growth, and others.

BKC's management understands that it is important to develop and implement strategies that influence the growth of the company. The growth rate of the company has reduced, which means the company must develop different strategies that reach this objective. The company must adapt its strategies to the modified behavior of customers.

Burger King also intends to increase the profit of each operating unit. By increasing restaurant profitability, BKC expects to improve its position on the market, which can further help the company expand its activity to other markets. The profitability of restaurants is a complex issue that requires strategies able to address several sides of the business at the…...

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Reference list:

1. Burger King Corporation (2010). Datamonitor. Retrieved November 4, 2010.

2. Annual Report (2009). Burger King. Retrieved November 5, 2010 from  http://www.mediantonline.com/0/000/166/708/HTML2/burger_king-10k2009_0004.htm .

3. Jack in the Box Inc. (2010). Datamonitor. Retrieved November 5, 2010.

4. Annual Report (2008). Jack in the Box. Retrieved November 5, 2010 from http://library.corporate-ir.net/library/94/944/94497/items/319125/CF7EF997-7B01-4ECC-9141-88A01B2A52E6_08ar.pdf.

professional journals resources.
Burger King beefs up global operations

What is Burger King's core competency? How does it relate to its chosen strategy?

Burger King is a fast food chain that offers two unique components to customers regarding its 'burger experience': the ability of users to customize their burgers and also the fact that its burgers are flame-broiled (Brock 2012).

How would you explain how Burger King has decided to configure and coordinate its value chain? Which of Burger King's value chain activities create the most value for the company?

Burger King has expanded its offerings to include breakfast items and chicken, fish, and dessert options, although burgers remain the flagship product. It has branded itself as the 'better-tasting' burger that no one knows about, much in the same way that Pepsi has 'challenged' Coke drinkers to take the Pepsi challenge blindfolded. Burger King's Whopper Virgins campaign encouraged hardcore McDonald's users to try its…...

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References

Brock, Tod. (2012). Fast food French fry fray: McDonald's vs. Burger King vs. Wendy's.

Serious Eats. Retrieved at:  http://aht.seriouseats.com/archives/2012/02/fast-food-french-fries-taste-test-mcdonalds-burger-king-wendys.html 

Brown, Abram. (2012). Burger King is going public again. Forbes. Retrieved at:

 http://www.forbes.com/sites/abrambrown/2012/04/04/burger-king-going-public-again-through-1-4b-deal-involving-activitist-investor-bill-ackman/

, 2005; Biddle et al., 2009). Companies with more accurate financial reporting and greater control over reporting activities tend to perform better and demonstrate greater cohesion in their operations, as well, and also tend to lean towards more consistent profitability and stability, in addition (Graham et al., 2005; Doyle et al., 2007; Doyle et al., 2007a). Investment levels in firms with more consistent and accurate financial reports were also found to be more in keeping with expected results, signifying that models being used to make investment decisions were more well-founded and themselves more consistent, stable and reliable (Graham et al., 2005). While it is not exactly revolutionary to suggest that greater consistency in knowledge leads to a greater consistency in analysis and projection, the fact that this has been empirically evidenced argues quite strongly for the development of a more concrete and cohesive model of valuation.
Any such model must also…...

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References

Barber, B. & Odean, T. (2008). All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors. Review of Financial Studies 21(2): 785-818.

Barber, B., Lee, Y., Liu, Y. & Odean, T. (2009). Just How Much Do Individual Investors Lose by Trading? Review of Financial Studies 22(2): 609-32.

Biddle, G., Hilary, G. & Verdi, R. (2009). How does financial reporting quality relate to investment efficiency? Journal of Accounting and Economics 48(2-3): 112-31.

Brigham, E. & Erhardt, M. (2010). Financial management theory and practice. Mason, OH: Cengage.

Everyone wants to get chance to win the millions by eating at McDonald's, and the more they eat, the more they will have a chance to win. McDonald's promotion is popular because Monopoly itself is popular (Compbell 10.)
Amy Murray, a McDonald's spokeswoman, said, "McDonald's has held the Monopoly game many time since 1987. The restaurants do see higher sales around the country during Monopoly games for a long time because it has proved to be very effective in attracting customers. Monopoly is one of the reasons McDonald's is so popular in the fast food market" (Compbell 10).

Burger King features the hopper and the BK Broiler sandwich as well as traditional fast-food fare such as fries, shakes, and soft drinks. Advertising is considered integral to the success of the company and has developed a number of memorable campaigns. The BK Broiler was a grilled chicken sandwich introduced in 1990 and…...

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Works Cited

Branch, S. And E.P. Gunn. "What's Eating McDonald's?" Fortune (13 Oct 1997), 122.

Burger King. www.burgerking.com.

Burger King Corporation." International Directory of Company Histories, Vol.56. St. James Press, 2004. December 6, 2006.  http://galenet.galegroup.com/servlet/BCRC?vrsn=155&locID=longbeach&srchtp=glbc&cc=1&c=1&mode=c&ste=74&tbst=tsCM&tab=4&ccmp=Burger+King+Corp.&mst=burger+king&n=25&docNum=I2501308118&bConts=13223 .

Compbell, Susan. "Odds in McDonald's Monopoly Contest Pretty High." The Hartford Courant (April 28, 1998), F10.

Right now, long wait times are being reported despite the fact that the crew has the capacity to load and unload twenty trucks a day when they are only dealing with fifteen. The fact that they could handle sixteen trucks a day with one fewer person illustrates at least on part of the inefficiency right away -- if the team has one more person than they need and they are still not capable of reducing wait times, than trucks' times are not being efficiently coordinated.
If, as can be assumed, there is generally more loading occurring in the early part of the day, then perhaps an extra crew person could be hired for the first four hours of the day, with only three remaining for the last four hours. This would have no effect on the overall cost of employment for the loading crew. With the capacity to load twenty-four…...

The communication plan

Communication is the basic ordeal of operation within the company. The company will desire to embrace the new modes of social media as done in the fashion industries. The company has collaborated with radio stations and television broadcast houses that enable the company to create awareness over its perceived products. Furthermore, the company will involve online communication channels as Twitter, Facebook, and creation of blogs, which bears the company's new products.

Distribution

Distribution will be done by the present sectors and corporations, which have been distributing the company's products. The modes of distributions will be carried through the trucks and trains. The other permissible methods will be through the air and water (Smith, 2012).

Budget

Investment

In order to launch and maintain the product in the market, the company will have to use an estimated $5 million within all the branches of expanse. This amount of money will cater for the products, sourcing…...

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References

Anderson, P. (2002). CookSmart: Perfect recipes for every day. Boston: Houghton Mifflin.

Groeling, T.J. (2010). When politicians attack: Party cohesion in the media. Cambridge:

Heneberry, M., & Cavender, C. (2005). The little black book of burgers: A thoroughly modern guide to the American classic. White Plains, NY: Peter Pauper Press.

Jones, S. (2011). Brand like a rock star: Lessons from rock 'n' roll to make your business rich and famous. Austin, TX: Greenleaf Book Group.

human resource management policies organizations & Burger king 3.2analyse impact regulatory requirements human resource policies Burger King 4.1analyse impact Burger King structure management human resources 4.
Human esources Management at Burger King

The role of HM policies

In today's business community, the employees represent intellectual capital and create value for the employer; in this setting, they are perceived as the most valuable organizational asset (Pindroh, 1996).

In this understanding of the employees, the field of human resource management has been significantly developing to create new policies that support the economic agents in better understanding and motivating their staff members. The ultimate scope of the HM policies at any organization -- including Burger King -- is that of increasing the performances of the staff members, and ultimately enhancing the overall organizational performances. In other words, the human resource management policies are developed and implemented in an effort to align the individual goals of the…...

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References:

Bacal, R., 2006, How to manage performance: 24 lessons for improving performance, McGraw-Hill Professional, ISBN 0071484396

Bargerstock, A.S., The HRM effectiveness audit: a tool for managing accountability in HRM, United Nations Public Administration Network, last accessed on November 21, 2011http://unpan1.un.org/intradoc/groups/public/documents/un/unpan021835.pdf

Daft, R.L., Marcic, D., 2010, Understanding management, 7th edition, Cengage Learning, ISBN 1439042322

Jackson, S.E., Schuller, R.S., Werner, S., 2011, Managing human resources, Cengage Learning, ISBN 1111580227

This has weakened their global position over the long-term. The reason why, is because they were focused on select demographics of the population instead of which regions can provide the largest amounts of growth. However, the major marketing initiatives in the Western hemisphere have helped the firm to show future potential. This had caused the company to be sold from one organization to next, who think that they will be able to make it successful. ("Country and Evaluation")
Evaluate urger King's strategy of using razilian experience to guide its entry into Russia.

The strategy that urger King is using in razil allowed them to take into account factors that could increase the possible risks they are facing in a location. These include: developing infrastructure, establishing a good management team, focusing on major cities, establishing local offices and supporting continuous development. These elements are important, because they are providing the company with…...

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Bibliography

"Country and Evaluation," n.d.

Cooper, Chris. "Japan Offers California Loan." Bloomberg, 2009. Web. 20 Nov. 2011

Naylor, Brian. "Stimulus Puts High Speed Rail on Track." NPR, 2009. Web. 20 Nov. 2011

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Clinique and Sony invested in the Web Sitcom "Sufei's Diary" because they were trying to reach out to their target audience in non-traditional ways. Clinique has a small market share and this is a way to improve the market share by targeting an older, more upscale demographic because Sufei comes from a wealthy family. The Clinque products are actually used in the storyline (called product placement) and due to the popularity of the series, they can get into the minds of potential customers. Additionally, there are a number of other advantages, where the Sony followed this premise by having their products such as televisions and digital cameras used in the show. This is a way for a brand with a lot of competition to differentiate itself. Sony was also the producer of the video series, so they could also have name recognition at the beginning and ending of each episode,…...

Marketing Channels and Methods -- the New Svelte Shape of McDonald's
Objectives & Mission Statement

Although McDonald's latest advertising slogan, as proclaimed on its 2005 website, is "I'm lovin' it," (McDonald's Official ebsite, 2005), shareholders in the fast food company have not be equally enamored of its current stock performance and plummeting sales. (The Rogue Investor, 2005) Thus, the objectives of the new McDonald's marketing campaign must be to undo some of the economic and public relations damage done to the company by the negative press generated by the success of Morgan Spurlock's film 'Supersize Me.' Over the course of the year, McDonald's wishes to gain a greater percentage of the revenue of the current fast food market than its most prominent burger-oriented competitors endy's and Burger King. McDonald's also wishes to gain some of the type of positive media as generated by the sandwich chain Subway. The Subway Diet has now…...

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Works Cited

Bauman, Valerie. (11 Aug 2005) "People try to lose weight at McDonalds." AP Wire. Accessed on AOL on 22 Aug 2005 at  http://aolsvc.news.aol.com/news/article.adp?id=20050811163009990002 

Burger King. (2005) Official Website. Retrieved 11 Sept 2005 at  http://www.haveityourway.com/ 

Collins, Luke. (2002) "Chips are down for Burger Giants" MCD: McDonald's Corporation News and Articles. Retrieved 27 Aug 2005 at  http://www.licenseenews.com/news/news134.html 

Daft, R.L. (1997). Management. Fort Worth, TX: Dryden Press.

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1. The strategic release of innovative and engaging video games across multiple platforms has played a crucial role in making Pokémon the highest revenue-generating multimedia franchise globally.

2. The extensive global reach of Pokémon through a combination of merchandise, trading card games, animated TV series, movies, and collaborations with various industries has contributed significantly to its impressive revenue generation.

3. The development of a strong and loyal fan base over the past two decades has been instrumental in sustaining Pokémon as a top revenue-generating franchise, with fans consistently investing in various related products and experiences.

4. The strategic marketing and brand partnerships of....