Tuesday, June 11, 2019

In-N-Out Burger Research Paper Example | Topics and Well Written Essays - 1000 words

In-N-Out Burger - Research Paper ExampleOver the years, the caller has remained in the hands of the Synder family. The main campaign behind In-N-Out Burgers success is that it has a simple menu and maintains a customer-friendly attitude (Funding Universe, n.d.). Simplicity was what Synder had in mind when he opened the first In-N-Out Burger store. As its name suggests, e rattlingthing about the company is quick and fast. Customers can go through the drive-thru and order via a two-way speaker unit the menu is very circumscribed and prices remain competitive (Funding Universe, n.d.). Slow and steady was the philosophy that made this company so great. In recent times, the company has expanded into other states such as Arizona, Utah, and Texas (In-N-Out Burger, 2012). Many experts would say that the company has failed to become a national brand because it limits itself in terms of growth. However, when Harry and his wife founded In-N-Out Burger, their desire was to serve customers hig h-quality, fresh provender with efficient, friendly service in a clean and tidy environment (Funding Universe, n.d.). Synder had no aspirations for turning In-N-Out Burger into a corporate brand this is why the company has remained family-owned to this very day. Even though Harry Synder has passed away, his legacy lives on through his children and their children. Justification for International Expansion With the struggling economy these days, In-N-Out Burger needs to consider alternatives to the current markets in which it is involved in. There is potential growth in other states around America, but with the economy so fragile, it may not be the best move. In-N-Out Burger should ask further afield and try to capture some of the huge global demand for fast food. In many developing countries, people are outset to turn to fast food as their incomes grow. Of course, In-N-Out Burger would have to adopt its strategy that was so successful in California. Prices would have to be lowered so that local anaesthetic consumers could afford it. Also, cultural considerations would have to be made so that the In-N-Out Burger brand does not get a bad reputation for offending religious and/or cultural values. In-N-Out Burger has already proven that it can expand to other states within the United States, albeit at a very slow pace. However, so long as In-N-Out Burger could retain control over its foreign operations, then thither is no reason to say that the company could not still hold true to its philosophy. The hassle is that when most other fast food restaurants expand overseas, they do so through franchising. This would not be suitable for In-N-Out Burger because it goes against the companys core values. If the company was going to go down the franchise route, then they should make sure that American expats are put in charge because they would understand the companys organizational values. Country Overview The three proposed countries that In-N-Out Burger should conside r expanding to are Canada, France, and Japan. Each of these countries will be evaluated in terms of the fast food perseverance and In-N-Out Burgers likelihood of success. Canada In terms of culture and food preferences, Canada is very similar to the United States. This makes Canada an ideal first step towards expanding overseas. As of 2010, the Canadian fast food industry was estimated to be worth C$ 20 billion (Euromonitor International, 2011). This shows that the fast food industry in alive and well in Canada. This probably means that there are limited growth opportunities because the market is already saturated with fast food chains. Tim Hortons, with a 26 pct market share, and McDonalds, with a 15 percent market share, are currently the two market leaders in the fast food industry. However, because Canadian consumers already frequent

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