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Burger King Corporation. By: Intisar Mohamed.
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Burger King Corporation.

Feb 23, 2016

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Burger King Corporation. By: Intisar Mohamed. Entrpreneurs of Burger King. The original founders and owners are Keith J. Kramer and his wife’s uncle Matthew Burns. Company History. - PowerPoint PPT Presentation
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Page 1: Burger King Corporation.

Burger King Corporation.By:

Intisar Mohamed.

Page 2: Burger King Corporation.

Entrpreneurs of Burger KingThe original founders and owners are Keith J. Kramer and his wife’s uncle Matthew Burns.

Page 3: Burger King Corporation.

Company HistoryThe fast food restaurant chain Burger King

was founded in 1953 in Jacksonville, Florida as Insta-Burger King.

The owners opened their first stores around a piece of equipment known as the insta-broiler.

The Insta-Broiler proved to be so successful at cooking the burgers, the owners required all of their franchises to carry the device.

Page 4: Burger King Corporation.

History continued….In 1959 Insta-burger king was bought by the

Miaimi, Florida franchises James McLamore and David Edgerton.

The renamed the company Burger King.They ran the company for eight years and

eventually expanding over 250 locations in the united states

Then they sold Burger King over to the Pillsbury Company in 1967.

Page 5: Burger King Corporation.

Type of Business OrganizationPartnershipBurger King started iff as a partnership

because it was Keith Kramer and his wife’s uncle Matthew Burns.

The advantages of starting as partnership was better for both of them because they both wanted to start a business and both trusted each other enough to start together and share with each other the profits and losses.

Page 6: Burger King Corporation.

Burger King ProductsHamburgersWhoppersFriesSoft drinksMilk ShakesDessertsBreakfast SandwichesBreakfast foods and beverages

Page 7: Burger King Corporation.

Benefits of Burger KingThey employ people with equal oppurtunityThey do not over price their food where

people wont come and purchase.Their meat is cooked with a broiler so it more

fresh then frozen meats other franchises produce.

Its still standing in society today and is part of the healthy competition.

Page 8: Burger King Corporation.

EmploymentBurger King currently employ 45,000 people

as it was conducted in 2009.

Page 9: Burger King Corporation.

Growth of businessAfter the company was bought by the

Pillsbury Company, burger king went into a financial slump due to the company focusing on image to much.

Diageo put the company in s much deficit that they decided to sell the company.

It was then bought by a private equity firm.The new owners and Ceo’s began to revitalize

the company

Page 10: Burger King Corporation.

Company Growth Cont.Between 2004 and 2009 the company

experienced a score of consecutive profitable quarters that were credited with successfully re-energizing the company.

So this company was not a constant success as you can see it had its ups and downs and happily today they are doing strong.

Page 11: Burger King Corporation.

ChallengesFinding the right person to buy the company

and help it become better again.Trying to keep the company still standing

during its big financial deficit.Trying to revitalize the company and making

it recognizable again.

Page 12: Burger King Corporation.

Present day Burger is now still a partnerships but is owned

by different owners and is shared between them.These different firms joined to purchase burger

king from Diageo for 1.5 billion.This changed helped the burger king corporation

a great deal.This company is now a private corporation

because it was bought by private equity firms.

2010

Page 13: Burger King Corporation.

Horizontal or VerticalThere was a vertical merger because in 1967

Burger King was bought by the Pillsbury company.

What does baking products have to do with Hamburgers?

OR

Page 14: Burger King Corporation.

Is it a Multinational Corp?Yes, Burger King is a multinational

corporation because it is in other countries besides the united states.

Page 15: Burger King Corporation.

Is it a conglomerate merger?No, Burger King is not a conglomerate

merger.