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Burger King

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Since the 1950's, Burger King has been offering its famous flame-broiled fast food burgers throughout the United States and, eventually, the world. Burger King, also known by the initials B.K., has evolved from a small Florida-based hamburger chain to one of the most well-known and recognizable fast food franchises on earth.

The first Burger King restaurant opened in Jacksonville, Florida under the name Insta-Burger King in 1953. In 1954, the Burger King Corporation was founded by Miami-based James McLamore and David Edgerton. By 1959, they had expanded beyond Florida and became a national chain. By 1967, it was the third largest burger chain in the United States. McLamore and Edgerton then sold the company and its 274 Burger King …show more content…

The company is able to grow while minimizing large capital expenditure, meanwhile it collects fees and royalties from each franchise added.
Weaknesses:
Vulnerability to Labor and Regulatory Influences
Although the company operates in many international venues, the majority of restaurants are in the United States. This concentration of operations in one geographic area increases company's exposure to local factors such as labor strikes and the influence of regulatory changes.
Reliance on so-called “Super Customers”
There is some indication that Burger King may have been slow to transition to leaner and healthier restaurant fare in favor of pleasing its long term customers who are fans of the big larger portion sandwiches.
Opportunities:
New Breakfast Food Initiative
Burger King is seeking to overhaul its breakfast menu and will add Starbucks Corp.'s Seattle's Best Coffee to all its U.S. restaurants. It has introduced earlier restaurant opening times in its United Kingdom locations.
New Healthier Menu Items
Burger King sponsoring its biggest new product launch in years by introducing the Tendercrisp, Premium Chicken Burger and accompanying the launch with a marketing campaign called “cheat on beef”.
National Urban Community Marketing Initiative
Burger King is seeking to strengthen its standing in the African American Community through its new “next best move” promotion which includes a well publicized tour

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