Developing Plans for the Development of Management and Staff of Burger King 12 CONCLUSITION 4

   

Added on  2021-01-03

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Business Health check Up
Developing Plans for the Development of Management and Staff of Burger King 12 CONCLUSITION 4_1
Table of ContentsINTRODUCTION...........................................................................................................................4LO 1.................................................................................................................................................41.1 Objectives of Business.....................................................................................................41.2 Explaining factors that impact on Burger king.................................................................51.3 Determining the improvements to the business and operations.......................................8LO 2 ................................................................................................................................................92.1 Reviewing the effectiveness of business..........................................................................92.2 Developing plans to improve the business.....................................................................10LO 3...............................................................................................................................................113.1 Evaluating the skills of management and staff...............................................................113.2 Plans for the development of skills for management and staff of Burger King.............12CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
Developing Plans for the Development of Management and Staff of Burger King 12 CONCLUSITION 4_2
Illustration IndexIllustration 1: pestel analysis............................................................................................................5Illustration 2: SWOT analysis..........................................................................................................8
Developing Plans for the Development of Management and Staff of Burger King 12 CONCLUSITION 4_3
INTRODUCTIONBusiness health check is essential part of entity that assists firm in determining flow ofoperations in the organization. This supports in identifying existing performance of thecorporation and making necessary changes in operation in order to raise profit of business unit.For the present report Burger King (BK) has been taken into consideration. Study will explainobjective of the firm and factors that impact on overall functioning of company. Furthermore, itdetermines potential improvement that can be made in BK for raising its operational efficiency.It will evaluate existing skills of management and will prepare plan for developing skills formanagement and employees. LO 11.1 Objectives of BusinessBurger King (BK) is British multinational firm that operates its business across the world.Recently entity is operating its business in more than 15000 locations. Company offershamburgers, soft drinks, breakfast, hot dongs etc. variety of products to consumers. In the year2015 entity has generated profit of 4.05 Billion. In the same year operating income of entity was363.0 Million. Total assets of Burger King is 1.912 Billion. It has employed approx 34248employees and all these workers are well trained. They concentrate on needs of consumers andprovide them goods and services accordingly (Burger King Corporation, 2018). Recently it has14000 stores in more than 100 countries. It has the largest fast food restaurant chain that attractsmany people towards the location. The biggest competitors of BK are McDonald, KFC etc.These companies give tough competition to BK. But effective strategies and strong marketreputation help the firm in sustaining in the market for longer duration. SMART objective of BKTo enhance revenues of BK by 30% till the end of 2018.To raise number of customers by 35% till the end of this financial year.To improve quality of products/services and open 30 more outlets in other locations inthe end of this fiscal year. Long term objective of Burger King is to increase profitability of the company to greatextent. Entity aims to enhance its revenues by attracting more people towards the brand. It
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