
In early 2004 Burger King’s CEO
reviewed the company’s 2003 performance. He got the following information about
the firm –
Main
competitor McDonald’s (No. 1) gained a
9% sales jump to a total of $22.1 billion
Whereas
(No. 2) Burger King’s sales fallen down about 5% to $7.9 billion
Wendy (No.
3) had spiked 11% to $7.4 billion, and having a position to overtake BK
In that case the CEO Brad Blum
took some decisions...