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- chipotle mexican grill the american mexican food chain restaurant opened...
Question: chipotle mexican grill the american mexican food chain restaurant opened...
Question details
Chipotle Mexican Grill, the American Mexican food chain
restaurant, opened its first restaurant in the United States in
1993. In 2010, Chipotle opened its first restaurant in the United
Kingdom in London on Charing Cross. By late May 2013, the company
had 6 restaurants in London, but they have not been doing well even
though the British have taken a liking to Mexican food (Boyle,
2013). Why has this successful U.S. chain not seen the same success
overseas?
If you were Chipotle’s CEO, how would you fix this situation? What
is an alternative means of venturing outside of its domestic
markets that may allow for a competitive advantage?
Then, pick a company that has not yet expanded overseas, or if it
has expanded, suggest a different strategy for entrance into an
overseas market that you feel would be more strategic for the
company. Research its rivals in the global marketplace and market
conditions in the overseas market you are targeting. Justify your
recommended entry strategy based on these industry and market
conditions.
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