Entrepreneurial Leadership Yashiqua Jenkins Prof. Victoria Figiel BUS508 –Contemporary Business Strayer University October 28, 2012 An idea is all it takes to ignite the process to start a business. To find a need of the people for a particular product or service and expand on it in order to make a profit is what many entrepreneurs do to start their company. A perfect example is the formation of Five Guys Burgers and Fries by the Murrell family. Their desire to focus on providing the consumer with quality burgers and fries have led them to be very successful in a short amount of time. This paper will determine how Five Guys’ philosophy sets it apart from other fast-food chains.
What Makes You Choose McDonald’s? I’m Lovin’ It is the international campaign slogan for one of the most popular fast food businesses in the world: McDonald’s. The yellow arches have become a symbol that is recognized globally. Currently, the McDonald’s corporation is the world’s largest chain of fast food restaurants that serves nearly forty-seven million customers daily through thousands of restaurants in one hundred and nineteen countries worldwide (CITE). Their mission is to be their customers’ favourite place and thing to eat, and too improve their operations to provide the most delicious fast food that meet their customers’ expectations (CITE).
They then will be able to sell healthier and safer poultry to all of their competitors. Analyze corporate-level and business-level strategy Chick-fil-A’s mission statement is: “Be America’s best quick service restaurant” (Farfan, 2013). This mission statement is similar to every other fast food restaurant in America. However, its purpose is different than all other fast food restaurants. Chick-fil-A’s purpose is: “To glorify God by being a faithful steward in all that is entrusted to us.
Chicken is the main product that is served on their menus which many prefer over beef. As far as customer service, Chick-Fil-a’s staff focuses on being swift and attentive. When the chain opens a new restaurant, it goes out its way to find customers in the area. Regualars at other locations and people who stop by the construction site eager about the opening get invited to a special dinner night before the official opening. Unlike Mcdonalds, Chick-fil-a serves the crowd a free dinner,10 coupons for free meals.
Additionally, the website should be immediately upgraded with e- commerce capabilities and an extensive catering service section. Many consumers will visit the site on a whim and find out that their favorite store can provide food for their events. No matter the scale of their function, each package should be described at the website. This will enable the customer to feel connected to the company, both at the store and home. Mrs. Kudler recognizes the importance of word of mouth promotion, which re-enforces the idea of in store gatherings and cooking classes.
Marketing Plan MKT550 V1 Lowes Foods to Go Marketing Plan Lowes Foods is a unique chain of supermarkets specializing in foods that are good for you. In business since 1954 the store offers exceptional quality and service. One attribute that sets them apart from other stores is their Food to Go program. Customers can place their grocery orders on-line by 3:00 p.m. and pick them up the same day at a convenient location. Lowes Foods will be expanding its territory into Oakland County, Michigan.
Kudler is a well established name in the gourmet food market, but Kathy and her marketing research team needs to use the best strategies they can to stay ahead of their competition and to provide items that they customers are in need of and that they want. Using public information is part of competitive intelligence it is legal and it helps a business identify the next move of the competitor as well what they are introducing new to the market. The competitive intelligence and analysis will let the organization determine marketing strategies and opportunities that they can take advantage of to make there business a
The company is world-renowned for its golden arches, and a varied menu that includes the Big Mac, McNuggets, and other well-known food items. The restaurants are operated by the company or by independent owners under franchise agreement. The company’s main competitors (in order of sales) are Starbucks, Wendy’s and Burger King, (McDonald’s, 2012). McDonald’s continues to build its brand and stay competitive through the use of marketing research. Specifically, the company strives to identify and understand customer desires in a constantly changing environment so that it meets those needs better than the competition, (The Times 100 Business Case Studies,
Imani Napper College English D2 Edwards March 5, 2013 A.S.A.P. Foods McDonalds, Burger King, and Wendy’s are restaurant corporations that serve fast food. I’m loving it at McDonalds. Have it your way at Burger King. Quality is our recipe at Wendy’s.
Whole Foods Market is listed number 25 out of the top 100 companies to work for by CNN Fortune and Money. Their job growth is 3% and they employee 52,915 U.S. employees. Whole foods reward their employees with a 20% discount card for everything in their store. If employees meet their healthy living goals, they are rewarded with 30% discount in the store. This is a great way for the employees to promote the products in the store.