Tuesday, May 19, 2020
BURGER KING Free Essay Example, 1000 words
R&D is important in many ways especially in the provision of a competitive advantage to the company. It carries out scientific and technical research in the growth and development of new products and services. R&D helps the Corporation to make necessary changes so as to beat the competitors in the same market. This is done through research and coming up with appropriate solution to meet customer needs. R&D helps the corporation remain in the competitive changing market, hence ensure the survival of the corporation. Despite the positive results, BKC was still performed below compared to the main competitor in the market such as McDonald. The corporation expects a lot of positive returns from the R&D due to investments placed in it. It is through the R&D that the corporation can know the weaknesses and strengths that are being experienced. The main focus of R&D is based on improving quality and reducing operational cost through application of enhanced methods of working. Therefore, th e corporation receives great profit and expansion through R&D. BKC competence in technology transfer has been seen through its innovations and expansion in the international market. We will write a custom essay sample on BURGER KING or any topic specifically for you Only $17.96 $11.86/page Burger King has survived in the market in different regions through the adjustable effort of the R&D. There are many such companies that offer the same products and services. It is therefore through the recommendations and ideas that have enabled BKC to compete with other players in the food industry. R&D manager has a great role to play in the strategic management process within the corporation. The manager is responsible for the research section and relates its efforts with the goals and strategies for the corporation. He/she is in charge of planning directions for research, work in the lab with the researchers and meet with other corporationââ¬â¢s managers on how to implement the findings for the development purposes.
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