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comprehensive analysis of the potential markets for your product or service of burger king
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A RESEARCH PAPER ABOUT CHANGE MANAGEMENT
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Burger King’s strategy is to dominate globally – goal- in the fast food market –scope - by having low cost and premium food items and efficiently producing them -competitive advantage (Mitchell). They believed that low prices would create a higher demand for their product - logic. Before they decided to restructure Burger King was structured traditionally with a full executive team, cubicles and daily cross-functional meetings. The company decided to change the architecture of their firm and use that to alter their company culture. They combined their global brand marketing department and their operations department. They believed that this would lead to “faster decision-making, increases regional accountability, and” would ensure “consistency of the brand's marketing and operational standards around the world” (Carey). They also decided to rearrange their office structure by removing cubicles, placing desks close to each other, and keeping management in the same room as their workers ("Burger King to Layoff"). Burger King believed that this would help information flow and stimulate a teamwork environment instead of a traditional hierarchical one and make it more efficient ("Burger King to Layoff")(Carey). They were trying to focus less on bureaucratic elements of a formal structure and were focusing more on communitarian elements, specifically knowledge sharing and teamwork, which meant that they were following the law of organizational core variety.
The rationale for change in the firm manager’s mind was that the previous culture and company setup was not allowing the company to run to its full capabilities, so a change was necessary to make Burger King as profitable as possible. The stated objective for the change was that “In...
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...he Network Journal. 1995-2011 The Network Journal, 16 Aug. 2011. Web. 21 Mar. 2012. .
McClatchy. “Burger King Lays off 250 in Purge at Headquarters.” Chicago Breaking Business. Tribune Newspaper, 7 Dec. 2010. Web. 21 Mar. 2012. .
Mitchell, Dan. “What Went Wrong at Burger King.” CNN Money. 2012 Cable News Network, 3 Sept. 2010. Web. 21 Mar. 2012. .
Walker, Elaine. “Miami-based Burger King Sees Improved Profitability.” The Miami Herald. 2012 Miami Herald Media Co, 14 Mar. 2012. Web. 21 Mar. 2012. .
There are hundreds of thousands of Burger Kings across the United States, and they all have cheap food. For one person, Burger King can cost as low as a dollar before taxes if that person eats off of the dollar menu. However, since the food is so cheap, it is not as good quality. It also does not taste as good as more quality food. Instead, the meat is a low grade and often contains fillers to lower the price of the meat (Sporleder and Goldsmith). The staff is often paid a very low wage, and they are not very friendly. The restaurant offers a cheap fast food joint atmosphere, followed by an aroma of French fries, fryers, and grease. Burger King, like many fast food restaurants, has meals that appeal to children, along with play rooms kids can have fun in. This is so they can appeal more to families, generating more
Ray Kroc was aiming for perfection while expanding McDonald’s, the layout of the store, cleanliness of each store and parking lot, to the number of slices of pickle on a patty. He ensured that one franchise in Delaware would provide the exact same quality of service as one in Florida. “Perfection is very difficult to achieve, and perfection was what I wanted in McDonald’s,” he said. “ Everything else was secondary for me.” I believe that this quote speaks volumes on to how much perfection truly meant to this innovator. He truly wanted everything to be perfect, for each customer who walked through the doors of a restaurant. He rejected cost reducing methods proposed to him due to the fact he did not want to lower the standard of his food with soybean filled hamburgers, etc.
Management is a process that enables organizations to achieve objectives through the functions of planning, organizing, staffing, and controlling of their resources (Cole, 1996). In Summary, Tim’s coffee Shoppe has a simple structure of management where overall authority rests with the owner Tim, who is assisted by a Manager and an assistant. Tim’s mai...
"McDonaldization.com - What Is It?" McDonaldization.com - What Is It? Rogue Valley Group, 2009. Web. 15 Mar. 2014. .
• Considering the two forces of competition and predict what McDonald’s Corporation might do to improve its ability to address these forces in the near future.
...ish Fast-Food Strikes | National Review Online." National Review Online. National Review Online, 5 Aug. 2013. Web. 18 Nov. 2013.
Perman, Stacy. In-N-Out Burger: A Behind-the-counter Look at the Fast-food Chain That Breaks All the Rules. New York: Harper Paperbacks, 2010. Print.
Kincheloe, Joe. The sign of the burger: McDonald's and the culture of power. Philadelphia: Temple Univ Press, 2002. 9-185. Print.
Have you ever wondered how the business empire of McDonalds was started? With over ninety nine billion served, it was started in 1940 in San Bernardino, California. It was started off as just a Bar-B-Q that served just twenty items. Its first mascot was named “Speedee” They eventually realized that by setting up their kitchen like an assembly line that they could be much more productive and get their food done faster, with every employee doing a specified job; the restaurants production rate became much higher. A milkshake machine vendor came into their small restaurant one day, his name was Ray Kroc. He saw how much potential the restaurant has, so he bought it out and opened one of the first franchises. Within the first year of Ray Kroc buying it, there were one hundred and two locations all around the world. McDonalds currently is one of the largest fast food restaurants in the world and currently has served over sixty four million customers through one of their thirty two thousand sites. It has almost become a way of life for America. Though, McDonalds started off as a small business between two brothers, it grew into one of the largest restaurant franchises in the world and greatly affects our society and how we eat our food.
One of Burger King’s most important strengths is its strong market position. It is the second largest fast food chain in the world, trailing McDonald’s. There are 11,550 stores in 71 different countries. Its geographic diversification is a competitive advantage. Burger King’s slogan, “HAVE IT YOUR WAY,” and its’ famous “WHOPPER” brand are very recognized by all consumers. These two campaigns were created in the 70s and have stuck around ever since. Talking some numbers, between 2006 and 2008, the chain’s profitability increased from $170 million to $354 million. In 2010, $2.5 billion was expected to be made and Burger King was able to reach just those projections.
Ritzer, George. The McDonaldization of Society. Revised New Century Edition. California: Pine Forge Press, 2004.
CEO Jim Adamson felt that the attitude of the workers and the environment was better after the hurricane. Therefore, Burger King's new building was decorated in hamburger tones, middle-level workers were given the best views, and there were no doors put on any offices allowing communication to remain open between all employees. "In addition, Adamson developed a six part strategic plan code named Operation Phoenix". The plan is designed to improve menus, operations, facilities, value strategies, marketing and operations. At the same time their goals are to open up more international units and bring back past successful advertisements like "have it your way".
Fierce and growing competition – big fast food companies like Burger King and Kentucky Fried Chicken are constantly competing with McDonalds for customers and trying to take the spot as the top fast food chain.
Our research indicated more viable strengths than weaknesses. Strengths such as brand recognition, steady growth in global markets, and strong leadership. McDonald's has become part of America's culture and now the same can be said for the global arena based on the demonstration of growth and continued dominance over competitors. Business Week Magazine even ranked McDonald's as "one of the ten most recognized brands in the world", a position that creates significant opportunities for the company. An important strength that continues to have the most dramatic impact on McDonalds is their top level management. Even though this is classified an as internal strength, McDonald's has capitalized on a management style that helps to infuse a strong culture. A dynamic aspect of the McDonald's culture is the willingness to innovate and adapt, thus making necessary changes when the need arises.
McDonalds has always been a leader in the fast food industry. Through its dynamic market expansion, new products and special promotional strategies, it has succeeded in making a name for itself in the minds of the target customers. However, McDonald’s earnings has declined in the late 1990’s and 2000s. This is mainly due to a fiercely competitive industry and variety in customer tastes and preferences.