Burger king company record and summary

This report is approximately the Burger king, a respected chain of fast food industry. This report is approximately its all strategies which they have used to carry out their organization in Middle East. Burger king is known as among the major junk food chain on the globe. Among its top rivals will be McDonald¿½s and Wendy¿½s. Burger king as a multinational business expanding its business in the Middle East. The main aim of this report can be to analyse its current tactics in the centre East.

Introduction

The Burger King and the Olayan group experienced joined hands alongside one another to open a new fast food industry in the Saudi Arabia and the Arab Middle East since early on 1990¿½s.

The olayan financing firm owns and operates the following establishments:-

? HANA international Co Ltd. (HANA), the grasp franchisee of the Burger king in the gulf countries such as for example Egypt, Syria, Lebanon, Yemen and Jordan and in addition works the Burger king Middle East support for the eating places of Arab countries.

? Olayan Food COMPANY (OFS), the Burger king franchisee for Saudi Arabia.

? First Food Service Company (FFS), the Burger King Franchisee for United Arab Emirates.

Olayan opened its primary restaurant in Riyadh in 1992. By the end of 2003, they opened more than 120 restaurants in Kuwait, Lebanon, Bahrain, Jordan, Saudi Arabia, Qatar and UAE. They have got made a committed action to Middle Eastern buyers to supply superior quality products, decision, affordability, service and convenience.

PESTEL Analysis

Political factors

In the middle east of the environment, all muslim countries are present. Hence, burger king has exceptional concerns in the these countries concerning food etc. As burger king is quite common in these countries, however they need to pay corporation tax as a foreign company. Besides this, government has produced a qouta of country natinals as staff in the burger king. According to government plan, they need to provide 100% halal meats and fresh materials of vegetarian foods. Thus burger king is taking into consideration all these major issues and performing well.

Economical Factors

As slowdown hits all of the world and inflation rate is high in around world, burger king is trying to regulate its prices and concentrating on packaging foods. Burger king has very good oppurtunities to get very good profits in middle east as junk food service is getting well-known among these countries. For example, dubai is definitely a hub is organization and the majority of the people are busy and that’s the reason they look for junk food services or we are able to say quick service eating places.

Social Factors

Burger king is actually targetting at kids and business class people. In U.A good.E, they have opened up all of their restaurants in the malls and near to business centres. For kids , they have exclusively made kids zones. Nowadays they have presented Back-to ¿½School promotional strategy so that you can attract more children an also they are giving some toys along with certain foods.

Burger king can be considering healthy food for people.

Another thing, also, they are looking at muslim festivals and starting their restaurants according with their timings. In addition they use halal meat , nor use any pork meat and extra fat as muslim people do not eat pork.

Technological Factors

As technological improvements are raising, burger king is also following new technologies. Retail tills and micros are being used for billing. They have got introduced their web page www.burgerking-me.com/uae that can be operated in engleish together with arabi or different languages of middle east. Through this site, people can review the menu and deals etc. Home delivery products and services are also supplied in these countries.

Environmental Factors

Burger king has exceptional waste management programmes for these countries as these countries emphasize on cleaning. Instead of that they have their own recycling methods.

Legal Factors

As muslim nation follow sheria laws, so they didn’t enforce any taxes on the houses. Healthy food is a main legal issue here. 100% Halal meat is essentially considered in the food

ANNS OFF Development MATRIX ON BURGER KING

Quadrant:-1) Market Penetration:-

Existing Product in the Existing Market

? Burger King is certainly second after McDonald¿½s in competition. Burger King has got 50 years experience in this field. Burger King needs to attract existing customers since it is quite cheaper than attracting new ones.

? Burger King needs to promote their burgers by using advertisement in rural location. Because in Middle East persons¿½s aren’t very conscious about diet plan of EUROPE.

? Burger King must employ more intensive distribution most areas want:- Egypt, Oman etc. To promote their burgers and rates should be low.

? Due to using large level advertisement Burger King likewise attract non-users to consume burgers.

? Give free house delivery with their customers. Due to this sale ought to be increased.

Quadrant:-2) Product Development:-

New Products in the prevailing Markets

? Burger King must make use of of excess production capability to provide new style burgers.

? Burger King wants to launch new burgers like:- Chicken- grilled burgers, Flame-grilled burgers in Middle East because in this culture people eat that sorts of products.

? Menu should be changed to launch Kebab burgers, Sheep burgers and selection of Halal burgers.

? Burger King shield overall market share by giving variety of burgers with their consumers.

Quadrant:-3) Market Development:-

Existing Products in the New Markets

? Burger King launches a couple of restaurants in every month in different spots to expand business.

? Burger King¿½s primary matto is certainly ¿½HAVE IT YOUR WAY¿½. Burger King launches in Dubai Mall which can be largest shopping mall on the planet. Such as this new restaurants ought to be opened in different stores customers will be bought burgers throughout their shopping hours.

? In United Arab Emirates, Dubai, Egypt etc. Burger King should be opened up in Airports. Travellers will end up being buy burgers.

Quadrant:-4) Diversification:-

New Products in the brand new Markets

? People are now more health mindful so give higher quality burgers with their customers. So give innovative products and spend more on Research and Advancement.

? Launched light dishes, Whopper items served in oat meal bun to health mindful customers.

? Fresh and total selection of delicious salads like:- Garden salad, Grilled poultry salad with variety of dressings.

? Also launched variety of seafood like:- Shrimp Sandwich Worth meal, big fish worth meal etc. Because of their Islamic Consumers in Capitals of every nation of Middle East.

SWOT Analysis

Strengths

? Wide selection of products

? Fast and successful service as they have purchase giving and order picking stations separately

? Innovative goods like whopper a charbroiled burger, set items from breakfast menu aswell.

Weaknesses

? Weak marketing campaigns

? Inconsistency in quality food requirements and poor maintenance of some burger king retailers.

Opportunities

Expansion far away or opening new restaurants in the same countries is best chance of the burger king. The possibility to expand is very promising and company is also getting advantages from expansion (Burger King twelve-monthly report-2007).

Threats

? Intense competition in feeling of pricing, product technology and growth strategies

? Consumer health expectations as burger king¿½s food are not considered as healthy or diet meals.

Recommendations

In order to expand more customers and to expand the business of the burger king, the company should explore further innovative markets in the Middle East. By exploring brand-new markets, burger king will be able to compete with McDonald¿½s and Wendy¿½s. The company www.testmyprep.com also needs to invest in research and advancement. One major way to obtain differentiation is the company¿½s innovative products. As a way to remain competitive also to attract clients, burger king must concentrate on developing services.

Critical Success Factors

One critical success factor for burger king is usually its ability to remain competitive and company should employ all its methods https://testmyprep.com/lesson/how-to-write-an-academic-paper-fast-and to compete and should manage to gain competitive advantage. Differentiation is the key strategy in the cafe industry as product or service could be copied easily.

Another factor is to develop it branches far away. The marketing and advertising programmes ought to be launched to be able to attract clients.

Conclusion

Burger king works in an extremely competitive environment in the centre East. The number of competitors to burger king is quite large and there are different factors that affect the business enterprise. While its competitors are employing practically the same strategies that burger king is certainly employing, it is important to create a point of difference which will set burger king apart from them. Burger king is well known for its impressive and quality products, large standard service and operational excellence. So as to stay competitive, burger king must differentiate itself from its competitors. This can be done through differentiation of products. It must also explore new market segments and take benefit of new chances. Burger king must maintain its global point of view and continue with its market expansion strategies. The changing consumer preferences and needs to be satisfied. In order to do that, burger king must develop a diverse products.

Sản Phẩm Liên Quan