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Burger King. Using porter's five models to analysis the competitiveness of Fast food industry for Burger King.

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Presentation on theme: "Burger King. Using porter's five models to analysis the competitiveness of Fast food industry for Burger King."— Presentation transcript:

1 Using porter's five models to analysis the competitiveness of Fast food industry for Burger King

2 Burger King

3 Overview Introduction Who is Burger King History Products
Global Expansion Company Mission and Vision Five porter’s Analysis

4 Who is Burger King An American worldwide chain of cheeseburger fast food eateries headquartered in unincorporated Miami- Dade County, Florida, United States. Founded in 1954. • Founded by David Edgerton; and James McLamore

5 Burger King Products

6 History The organization started in 1953 as Insta-Burger King, a Jacksonville, Florida-based eatery network. After Insta. In 1954, its two Miami-based franchisees, David Edgerton and James McLamore, obtained and renamed it Burger King. End of financial year 2013, Burger King had more than 13,000 outlets in 79 nations; of these, 66 percent are in the United States and 99 percent are exclusive and worked (BK,2016).

7 What fast food chain has the best burger and fries in USA 2015

8 Global Expansion The BURGER KING framework works roughly 12,000 eateries in each of the 50 states and in 73 nations and U.S. domains around the world. Around 90 percent of BURGER KING eateries are possessed and worked by free franchisees, a hefty portion of them family-claimed operations that have been doing business for quite a long time (BK, 2016

9 Mission Statement "We will prepare and sell quick service food to fulfill our guests needs more accurately, quickly, courteously, and in a cleaner environment than our competitors. We will conduct all our business affairs ethically, and with the best employees in the mid-south. We will continue to grow profitably and responsibly, and provide career advancement opportunities for every willing member of our organization” (BK, 2015).

10 Vision Statement “We proudly serve the best burgers in the business, plus a variety of real, authentic foods…all freshly prepared…just the way you want it. Mission Statement "We will prepare and sell quick service food to fulfill our guests needs more accurately, quickly, courteously, and in a cleaner environment than our competitors. We will conduct all our business affairs ethically, and with the best employees in the mid-south. We will continue to grow profitably and responsibly, and provide career advancement opportunities for every willing member of our organization“ (BK, 2015).

11 Market Mix Burger King produces Hamburgers, Chees burgers .Price : Burger King as of late joined McDonalds in offering a $1 twofold burger. Place : Burger King works its business through establishments in around the world. Advancement : Burger ruler esteem menu including six things at under $1(Mominul et al, 2011).  

12 Internal Environment and Corporate Structure
Starting 2010, Burger King utilized the Matrix structure of administration. Advertising 40,000 or more workers Business works in 71 nations. Produced incomes from three sources. Piece of the overall industry 14% (Mominul, 2011).

13 Competitors 1.McDonald's 2.Wendy’s 3.Taco Bell

14 Fast Food(Burgers) Industry Sales

15 Five Forces Analysis (Supplier power)
The accompanying are the real outside components that make the frail dealing force of Burger King's suppliers: Low forward combination The suppliers for burger king they have low combine to distribute in the Products.

16 Buyer Power The primary outside elements that prompt the solid dealing force of Burger King's clients are as per the following: Low exchanging costs The implication of Burger King power is bargaining High substitute accessibility The customers can go to any fast food restaurants will provide the what they need. Moderate vicinity of purchaser associations (Gregory, 2015).

17 Competitive Rivalry The primary outside variables that make the solid power of focused competition against Burger King: High number of contenders Burger king should do Invent more meals Coupons deal will bring attention to the customers Deals Provide loyalty cards to the customers Low exchanging costs Burger King should get in price war with the Competitors.

18 Threat of Substitution
In Burger King's case, the fundamental outer components that add to the solid danger of substitution: Low exchanging costs The customers can easily switch to any other competitors at anytime. Satisfactory execution of substitutes It might affect on switching to another competitor that cost, taste, services would be much better than Burger King.

19 Threat of New Entrants The outside components that prompt the moderate danger of new participants against Burger King are as per the following: Low exchanging costs Moderate cost inconvenience Moderate expense of working together

20 Industry Analysis The association predominantly fights with business part driving McDonald's, Wendy's and Hardee's diner. There is a piece of the diner business that is Quick Services Restaurant (QSR).QSR accept an amazing part to grow net arrangements. Bargain has been growing 3% over the span of the latest decade. The Quick Services Restaurant industry appears, in every way, to be less vulnerable than various associations. For example, in the midst of the season of 2010, in light of money related retreat, Quick Services Restaurant bargain decreased just 0.5% while diverse business endeavors lessened 3%. Americans are to a great degree discerning about their wellbeing. That is the reason restaurant associations are advancing more helpful things. In the blink of an eye they complement on fricasseed sustenance and calorie related things. Case in point, Burger King is without further ado offering Pizza Burger which had 2530 calorie (Mominul et al, 2011).

21 Recommendation Considering the intensities of the five drives, it is recommended that: Focus on rivalry, clients, and the danger of new participants. To address the power of rivalry, Burger King can actualize more forceful showcasing. To draw in and hold clients, the organization can enhance its item quality. Finally, to neutralize the danger of new contestants, Burger King can enhance its image picture to keep up elite notwithstanding immersion in the fast food eatery industry environment.

22 References Soapy, M. (2011). Burger King SWOT Analysis. Scribd. Retrieved from: Analysis#scribd Mominul et al. Presentation on Burger King. Slideshare. Retrieved from: king Mbaskool.com (2016). Burger King SWOT Analysis, USP & Competitors. Retrieved from: beverages/590-burger-king.html Gregory, G. (2015). Burger King’s Five Forces Analysis (Porter’s Model). Panmore Institute. analysis-porters-model Burger King (2016). About ushttp://burgerking.ca/about-bk Burger King (2015). Mission Statement.


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