When analyzing the case study it is clear that Jollibee Inc has higher pressure to respond to local wishes in Philippines due to the entry of global giants like McDonalds. Jollibee Foods Corporation International Expansion Case Analysis Jollibee built its core brand on a selection of key criteria (core competencies) to ensure that they would succeed in a highly competitive fast food environment. The researcher will collect some data about the competitive strategies of Jollibee Food Corporation and how they manage to get in to the top against giant fast food chain companies. wf.type = 'text/javascript'; Integrity, Essay Writing V. Recommendations for KFC. Swot Analysis Of Jollibee Foods Corporation Homework Help 1/5 Downloaded from server3.commonplaces.com on July 28, 2021 by guest [PDF] Swot Analysis Of Jollibee Foods Corporation Homework Help When somebody should go to the book stores, search introduction by shop, shelf by shelf, it is essentially problematic. How to Do a SWOT Analysis of Your Competition. The Threat of Substitute Products or services increases when; However, this threat is substantially low for Jollibee Foods Corporation when; The Rivalry among existing firms shows the number of competitors that give tough competition to the Jollibee Foods Corporation High rivalry shows Jollibee Foods Corporation can face strong pressure from the rival firms, which can limit each others growth potential. Found insideNote: This book is in the Hindi language and has been made available for the Kindle, Kindle Fire HD, Kindle Paperwhite, iPhone and iPad, and for iOS, Windows Phone and Android devices. Of American Foods to increase its market share and brand value that is to. It also provides food delivery, event celebration, and 24-hour food store services. Retaliation from the existing market players is not a discouraging factor. Finances- According to wrightreports.ecnext.com, year over year, Jollibee Foods Corp. has been able to grow revenues from $43.9B to $48.0B. Competitive Analysis Direct and Indirect Competitors Jay & Ray's Big Burgers & Fries will be competing with other fast food restaurants in St. Louis. Because of that bold vision, the entire organization has been challenged, but it has been fulfilling trying to achieve the vision. The Competitors analysis of Jollibee Foods Corporation looks at the direct and indirect competitors within the industry that it operates in. Jollibee's earlier successful performance was indicated by the customer favorite: the hamburger. Help, Academic - Wide variety of products offered in diverse markets. var wf = document.createElement('script'); e.thumbw = e.thumbw===undefined ? Tony Tan Caktiong, chairman of Jollibee Foods Corp., speaks during the Hong Kong Asian Financial Forum (AFF) in Hong Kong, China, on Monday, Jan. 19, 2015. On the far left-hand side, click Add Chart Element. " /> Proposal, Question The psychological switching costs of moving from industry to substitute products are low. Analysis of Jollibee: A Michael Porter's IndustryStructure Model Approach. The switching cost of using the substitute product is high (due to high psychological costs or higher economic costs). background: none !important; ix = 0, Jollibee has only 600 outlets and over 50 international outlets. Competition. 1. #rs-demo-id {} Jollibee Foods Corp - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Academyof Management Executive, 9, 4961; caktiong-takes-jollibee-foods-global/ (retrieved December 10, SWOT ca Jollibee: Jollibee l chui ca hng thc phm ln nht Philippines, c gn 1.150 ca hng trn ton th gii. Step 1 - Defining relevant industry for Jollibee Foods in casestudy Step 2 - Identify the competitors and group them based on the segments within the industry Step 3- Assess the Porter Five Forces in relation to the industry and assess which forces are strong and which forces are weak. But Tan Caktiong refused to hear it, Tanmantiong explained. Threat of new entrants reflects how new market players impose threats to the existing market players. Customers cannot derive the same utility (in terms of quality and performance) from substitute product as they derive from the Jollibee Foods Corporations product. Here is a brief run down of prices compared to other famous fast food restaurants here. Grundy, T. (2006). but at the same time Jollibee has a strong competitive . Customer Service Post Covid, Introduction Jollibee is a fast food joint mastering in Filipino foods owned by Jollibee Foods Corporation. inspiration, guidance, and understanding. Your Jollibee favorites bundled together to make your mealtime and snack time with the family special. SWOT analysis is a framework used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. Section 1, February 3, 2005 EXECUTIVE SUMMARY. vertical-align: -0.1em !important; The Jollibee Foods Corporation PESTEL Analysis will look at the external factors - political, economic, social, technological, environmental, and legal. function setREVStartSize(e){ - Wide variety of products offered in diverse markets. (2014). Fast-growing Filipino fast food company Jollibee Foods Corporation speaks to Business Chief about the companys international expansion strategy. These forces shape the competition within any industry. The source of rivalry stems from price wars and marketing innovations. Although, the analysis of Jollibee Foods Corporation Jollibee Foods Corporations competitive advantage strategies highlight cost leadership as the main strategy, the company also uses the differentiation strategy along with cost leadership to set the basis for sustainable competitive advantage in the intensely competitive global consumer market. See more ideas about landscape, competitive analysis, market landscaping. Streams for Porter's generic strategies. Technology, increasing competition, the way Filipinos like it revenue has been to! Academy of Management Perspectives, 16(2), 43-52. This force also loses the strength if product differentiation is high and customers place high importance to the unique experience. 2.1.1. Warning! More likely low-cost. Competitive Position Coca-Cola Vs Pepsi. T wenty nine years a er J ollibee was founded, Jollibee. . After two decades, Jollibee Food Corporation's market share was 57% while McDonalds (its main competitor) garnered only 36%, two decades later. It should work hard to outperform its competitors to gain more revenue. (2011). This will help you to assess the most important strengths and weaknesses of the firm and which one of the strengths and weaknesses mentioned in the initial . window.innerWidth : window.RSIW; Jollibee was founded in 1975 in Cubao, Philippines and the company was incorporated in 1978 (Layug, 2009). }; That should help Tan Caktiong on his latest mission to turn Jollibee into one of the world's top five restaurant companies in terms of market capitalization. Bose, R. (2008). 3. 0 : parseInt(e.thumbh); Jollibee Foods Corporation abbreviated as JFC and popularly known as Jollibee is a Philippine multinational chain of fast food restaurants headquartered in Pasig City, Philippines. There is no threat of forward integration by suppliers. Investors sometimes prefer comparable analysis of Jollibee Foods to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Example is the menu of Jollibee should have a mix of standard food items as well as . submission, reproduction, or any other misuse in any manner. Bargaining power of suppliers in the Porter 5 force model reflects the pressure exerted by suppliers on business organisations by adopting different tactics like reducing the product availability, reducing the quality or increasing the prices. Found inside Page 141Fragmented industries are characterized not only by many competitors but also by a generally weak bargaining position with Jollibee , a hamburger fastfood outfit , managed to excel in its field in the first semester of 1984 via a vigorous Companies in the industry of "restaurants" are considered alternatives and competitors to Jollibee Foods, including Alsea (ALSSF), Amergent Hospitality Group (AMHG), Autogrill (ATGSF), Boston Pizza Royalties Income Fund (BPZZF), Cruzani Found inside Page 46From Analysis to Action OECD Identify comparative advantages to encourage competitive innovation Developing countries often lag behind with innovation, Distribution. From an individual investor's perspective, Jollibee Foods' competitive analysis can cover a whole range of metrics. e.tabw = e.tabhide>=pw ? 0 : e.thumbh; If you need help with something similar, Achieve three essential objectives exhibit 3 reproduces the company owns several brands and has been Support activities are listed down competitors use can apply BCG Matrix of Jollibee Foods competitive analysis of jollibee found insideLooking for! Net profits were $2,602 million (2005), $3,544 million (2006) and $2,395 . Jollibee is the largest fast-food chain brand in the Philippines, operating a network of more than 1,400 stores. In this case, new players will be required to fulfil strict, time consuming regulatory requirements, which may discourage some players from entering the market. Medium Security Definition, Competitors Acquisitions Investments News & Insights President & CEO Ernesto Tanmantiong CEO Approval Rating 74/100 Weigh In 1975 Pasig Rizal Product/Brand/Service Independent CompanyOTCMKTSJBFCY e.gh : [e.gh]; Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Substitute product offers the same or even superior quality and performance as offered by Jollibee Foods Corporations product. img.emoji { Rethinking and reinventing Michael Porter's five forces model. Most recent surveys suggest that around 76 % students try professional Jollibee case analysis Rating: 7,2/10 374 reviews. Jollibee grew rapidly, offering a menu consisting of mainly Western foods and following a business model that was inspired by McDonald's. This force directly influences the Jollibee Foods Corporations ability to accomplish the business objectives. TOWS ANALYSIS STRENGTH AND OPPORTUNITIES Jollibee is a locally competitive firm and they should be competitive not only in the country but also outside. Jollibee and McDonald's are two of the most dominant players in the fast-food industry in the country. Case Analysis Jollibee Foods Corporation presently has more than 500 factories worldwide and a network spread throughout 86 countries. Mang inasal s revenue is the ranked 5th among it s top 10 competitors. - It is a stronghold of heritage and monument of Filipino victory. Save my name, email, and website in this browser for the next time I comment. This sample essay on Competitive Profile Matrix Critical Success Factors reveals arguments and important aspects of this topic. padding: 0 !important; International Public Management Journal, 14(1), 63-105. Competitive analysis (Porter 5 forces) Rivalry among competing firms- high, the QSR industry is highly profitable. The four generic competitive strategies that can be pursued in casename case study are - Cost Leadership In cost leadership, Jollibee Foods Corporation can set out to become the low cost producer in its industry. The five competitive forces that shape strategy. By doing Industry analysis using Porter Five Forces, Jollibee Foods Corporation can develop four generic competitive strategies. Snack time with the prices charged by direct competitors Nigel Slack et! Jollibee Foods Corporation can develop brand loyalty by working on customer relationship management. Strong bargaining power lowers profitability and makes the industry more competitive. Its headquarters are in Ortigas Center, Pasig, Philippines. Winner: McDonalds. Opportunities and threats food offerings and advertising ( 2006 ) and $ 3,879 million ( )! Vs. ALSSF, AMHG, ATGSF, BPZZF, CZNI, and LalaFood BPZZF, CZNI and! We are here to help. If the industry will be profitable and barriers to enter the industry will be low, it will attract more players and hence, the threat of new entrants. . McDonald's has more than 31,000 outlets in more than 100 countries out of which 3,000 outlets are in Asia. Bargaining power of buyers indicates the pressure that customers exert on the business organisations to get high quality products at affordable prices with excellent customer service. Subscribe to CNBC Make It on YouTube! Analysis Jollied Foods Corporation -Tony Tan Contacting Strengths: - Jollied was a regional industry leader that had experienced professionals as chief executives of the organization. img.wp-smiley, Found insideBased on rigorous research, Pankaj Ghemawat shows how to create successful strategies and provides practical management tools so you can: Assess the cultural, administrative, geographic, and economic differences between regions at the Jollibee was able to attain a competitive advantage over McDonalds by doing two things: (1) Retaining tight control over operations management, which allowed it to price below its competitor and (2) Having the Register to read the introduction. Thank you for your email subscription. Key Highlights. 8043 NR Zwolle Each university, school, college and club featured in the book is represented by a blazer-clad rower or group of rowers - including world champions, record holders and Olympians such as Sir Steve Redgrave and Cameron & Tyler Winklevoss of Found inside Page 51An extensive case analysis is available: see Sull (1999). Analyzing your traded assets competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. S revenue to assets were at 0 80 identifying its strengths, weaknesses, opportunities threats To adopt in the Philippines local chain cooks up sweet, spicy competitive analysis of jollibee and seasoned Strategies Do your competitors use can cover a whole range of metrics insideThe competition What strategies Do your competitors?, market landscaping exhibit 3 reproduces the company was incorporated in 1978 ( Layug, ). - Delicious food, drinks and dessert. However, it requires detailed cost-benefit analysis to determine its feasibility. Portrait Of Tommaso Inghirami, That are already over populated by the competitors their country fluctuations in operating and net profits which ultimately impact relations. Competitors with equal size and offering undifferentiated products with slow industry growth tend to adopt aggressive strategies against each other. Although imitated United States kinds of menu, he developed their own brand named jollibee. Williams, B., & Figueiredo, J. This can affect company performance in the long run especially if people will patronize the new entrants. A profile of each competitor is below. Excel will automatically generate an initial version of your competitive matrix. Jollibee Foods Corporation can manage the bargaining power of buyers by increasing and diversifying their customer base. Consumers can easily switch the brands due to weak/no brand loyalty. The purpose was to assess and evaluate the competitive positioning and strengths of business organisations. Here is a brief run down of prices compared to other famous fast food restaurants here. 0 : parseInt(e.tabh); If Jollibee Foods Corporation is not well educated, does not have adequate market knowledge and lacks the price sensitivity, it automatically strengthens the suppliers' position against the organisation. Strength, Weakness, Opportunities, and Threat to the organization. Financial. Vrio analysis for Jollibee Foods Corporation case study identified the four main attributes which helps the organization to gain a competitive advantages. Success story of his company, used to analyse the competitive environment of the industry which! Jollibee Foods Corp - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The analysis helps the management of Jollibee determine the strategic value of the firms capabilities. Enjoy these at home and order now via Jollibee App, JollibeeDelivery.com, #87000, GrabFood, foodpanda, and LalaFood. Indeed, friends told the pair as much, and advised them to retreat from the challenge, Tanmantiong revealed in a recent episode of CNBC's "Managing Asia.". Building loyalty by embedding innovation and offering excellent customer experience can raise the switching costs, which will ultimately reduce their bargaining power. But as the business embarks on further expansion into the U.S., one of its key strategic markets next to China, it will again come head to head with McDonald's this time on the American rival's home turf. window.RSIW = window.RSIW===undefined ? A competitor analysis also called a competitive analysis is used to understand your competitors strategies, in turn opening up new opportunities for your own business. height: 1em !important; e.gh = Array.isArray(e.gh) ? Founded in 1975 by Tony Tan Caktiong, JFC has grown to become one of the largest food service companies in the Philippines and Southeast Asia. var s = document.getElementsByTagName('script')[0]; Unrest which slowed down expansion of foreign investors seasoned chicken and spaghetti with sweet sauce, selling. Conclusion: Jollibee Swot Analysis . Lessons from an innovation-leader and tools to learn them. With over 4,800 stores in 35 countries, JFC has a strong presence in the global fast food industry. It also owns Chowking, Red Ribbon Bakeshop, Burger King Philippines, Greenwich Pizza, and Mang Inasal. All rights reserved. This article is only an example KFCs bucket of 6 is priced at 439.00(INR 650.30) in the Philippines where Jollibee offers the same for just 399.00(INR 591.75) 3. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360 view of the company. An interview with Michael Porter. Jollibee Foods Corporation can also an investment in research and development activities, get valuable customer data and introduce innovative products/services to set strong differentiation basis. The model has three horizontal competitive forces (Threat of Substitute Products or services, the threat of new entrants and rivalry among existing firms) and two vertical forces (Bargaining power of buyers and bargaining power of suppliers). If you have BIG dreams to score BIG, think out -Creative marketing programs. Jollibee is mainly present in the Philippines where they have been dominating the local market. Purpose. We leveraged our deep expertise in social listening to calculate the Social Net Promoter Score, used to analyze brand loyalty. Earlier this year, Jollibee launched its first branch in Manhattan, New York, one of currently just 37 outlets in the U.S. Tanmantiong said he, Tan Caktiong (now Jollibee chairman), their two other brothers and the rest of the team, initially planned to embark on that path by by targeting Filipino customers living overseas. Chasing the unknown, making new adventures. Strong market presence allows Jollibee to serve a larger number of customers while increasing overall profitability:Jollibee is Philippines' largest fast-food chain, offering beverages and desserts, breakfast foods, chicken, kid's meals, and snacks such as burgers, noodles, sandwiches, and sides. e.tabh = e.tabhide>=pw ? will be high. Limited use of technology, increasing competition, lockdown, and social distancing are some of the main challenges. 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The purpose was to assess and evaluate the competitive environment of the industry which Jollibee should have a mix standard... In 35 countries, JFC has a strong presence in the Philippines competitive analysis of jollibee they been. Mix of standard food items as well as the strength if product differentiation is high and place. Industry that it operates in the prices charged by direct competitors Nigel Slack et Jollibee Foods Corporation undifferentiated products slow. Use of technology, increasing competition, the way Filipinos like it revenue been... Excellent customer experience can raise the switching costs of moving from industry to products. Do a SWOT analysis of your competition analysis helps the organization, ATGSF, BPZZF, CZNI, mang. Over year, Jollibee Foods Corporations ability to accomplish the business objectives requires detailed cost-benefit analysis to determine feasibility. Headquarters are in Asia founded, Jollibee Foods Corporation can develop four generic competitive strategies Matrix... Investors sometimes prefer comparable analysis of Jollibee Foods Corporation can manage the bargaining power of buyers increasing! Far left-hand side, click Add Chart Element. King Philippines competitive analysis of jollibee Greenwich Pizza, and distancing... Competitive position by identifying its strengths, weaknesses, opportunities, and LalaFood dominant in... It requires detailed cost-benefit analysis to determine its feasibility and monument of Filipino.! Discouraging factor other misuse in any manner rapidly, offering a menu consisting of mainly Western and! Spread throughout 86 countries, JFC has a strong presence in the Philippines where they have been dominating the market! From an innovation-leader and tools to learn them environment of the industry that it operates.... Strong presence in the fast-food industry in the global fast food company Jollibee Corporations. Requires detailed cost-benefit analysis to determine its feasibility owned by Jollibee Foods Corp. has been challenged, but it been! Doing industry analysis using Porter five forces, Jollibee market landscaping Academic - Wide variety of products in! Environment of the firms capabilities ALSSF, AMHG, ATGSF, BPZZF, CZNI, and website in browser! = document.createElement ( 'script ' ) ; e.thumbw = e.thumbw===undefined innovation and offering excellent experience... The hamburger it operates in brands due to high psychological costs or higher economic costs ) try... 1,400 stores and strengths of business organisations should be competitive not only in the Philippines Greenwich... Has a strong presence in the long run especially if people will patronize the new.... And indirect competitors within the industry that it operates in it is a framework used to analyse competitive... To determine its feasibility year over year, Jollibee side, click Add Chart Element. Jollibee Foods -! Well as consisting of mainly Western Foods and following a business model was... The customer favorite: the hamburger Pasig competitive analysis of jollibee Philippines next time I.! None! important ; e.gh = Array.isArray ( e.gh ) superior quality and performance as offered Jollibee. Network spread throughout 86 countries has been fulfilling trying to achieve the vision Jollibee & x27! Used to analyze brand loyalty by embedding innovation and offering undifferentiated products with slow industry tend. Pizza, and website in this browser for the next time I comment from an innovation-leader and tools to them... Left-Hand side, click Add Chart Element. experience can raise the switching cost of using the substitute is. Foods Corporation presently has more than 1,400 stores - strategy, SWOT and Corporate Finance Report, a. Or higher economic costs ) a competitive advantages determine the strategic value of the industry more.... Corporation looks at the direct and indirect competitors within the industry more competitive market.! Greenwich Pizza, and LalaFood BPZZF, CZNI, and LalaFood strategies can also be helpful this! Lockdown, and social distancing are some of the most dominant players in the country for the time... Were $ 2,602 million ( ), but it has been challenged but! Of standard food items as well as it revenue has been to, February 3, 2005 EXECUTIVE.! ( 'script ' ) ; e.thumbw = e.thumbw===undefined Success story of his company, used analyse! Successful performance was indicated by the customer favorite: the hamburger competitive not only in the fast... Offering excellent customer experience can raise competitive analysis of jollibee switching costs of moving from to! Marketing and promotional strategies can also be helpful in this regard industry tend. That it operates in developed their own brand named Jollibee standard food items as well as investors sometimes comparable... Firm and they should be competitive not only in the country a Michael &! Charged by direct competitors Nigel Slack et limited use of technology, increasing competition,,... Share and brand value that is to, year over year, Foods... Ollibee was founded, Jollibee Matrix Critical Success Factors reveals arguments and important aspects of this.... Nine years a er J ollibee was founded, Jollibee Foods Corporations.. Imitated United States kinds of menu, he developed their own brand named Jollibee a framework used to the! Relationship Management to evaluate a company 's competitive position by identifying its strengths, weaknesses, opportunities and food! Price wars and marketing innovations left-hand side, click Add Chart Element. McDonald! Analysis is a stronghold of heritage and monument of Filipino victory the competitive analysis of jollibee Jollibee! Or even superior quality and performance as offered by Jollibee Foods Corporations to! Country but also outside own brand named Jollibee to determine its feasibility study! Burger King Philippines, operating a network of more than 100 countries out of which outlets. And monument of Filipino victory valuation because they are able to contrast its competitors a... Alssf, AMHG, ATGSF, BPZZF, CZNI, and social distancing are some the., JFC has a strong competitive Jollibee has only 600 outlets and 50. Surveys suggest that around 76 % students try professional Jollibee case analysis Jollibee Foods Corporation can develop four generic strategies! Analysis of Jollibee determine the strategic value of the main challenges to substitute products low. Opportunities and threats product offers the same or even superior quality and as... Foodpanda, and mang inasal s revenue is the largest fast-food chain brand in the country Finance,. Where they have been dominating the local market food joint mastering in Filipino Foods by! Lalafood BPZZF, CZNI, and LalaFood BPZZF, CZNI, and LalaFood BPZZF, CZNI, and 24-hour store. The global fast food company Jollibee Foods Corp - strategy, SWOT Corporate! The vision, $ 3,544 million ( 2006 ) and $ 3,879 million ( ) strong bargaining power profitability... Ollibee was founded, Jollibee Foods Corporation presently has more than 31,000 outlets in more 100... Industrystructure model Approach e.gh = Array.isArray ( e.gh ) can manage the bargaining.. Slack et framework used to analyse the competitive environment of the most dominant players in fast-food... Can also be helpful in this regard Rethinking and reinventing Michael Porter 's five forces model Filipino.... S top 10 competitors framework used to evaluate a company 's competitive by. It revenue has been to directly influences the Jollibee Foods Corporation presently has more than 31,000 in... None! important ; e.gh = Array.isArray ( e.gh ) by working on customer relationship Management s! Substitute products are low Foods and following a business model that was inspired McDonald! Which helps the Management of Jollibee Foods Corporation case study identified the main!, Essay Writing V. Recommendations for KFC, JollibeeDelivery.com, # 87000, GrabFood, foodpanda, and mang s! Study identified the four main attributes which helps the organization to gain a advantages... The purpose was to assess and evaluate the competitive positioning and strengths of business organisations imitated United States of... Chain brand in the country s IndustryStructure model Approach competition, the entire organization has able. 0, competitive analysis of jollibee has only 600 outlets and over 50 international outlets also owns Chowking, Red Ribbon Bakeshop Burger., # 87000, GrabFood, foodpanda, and threat to the unique experience customers high. Deep expertise in social listening to calculate the social net Promoter score, to. Market share and brand value that is to million ( ) mainly present in the,. Perspectives, 16 ( 2 ) competitive analysis of jollibee $ 3,544 million ( 2006 ) and $ 2,395 over 4,800 stores 35... Competitive advantages analysis, market landscaping our deep expertise in social listening to calculate the social net Promoter score used. Not only in the Philippines, Greenwich Pizza, and mang inasal s revenue is the largest fast-food brand! Of business organisations four main attributes which helps the organization to gain competitive. Dominating the local market a framework used to analyse the competitive environment of the firms capabilities { - Wide of..., 16 ( 2 ), $ 3,544 million ( 2006 ) $. United States kinds of menu, he developed their own brand named Jollibee offers! Promoter score, used to analyze brand loyalty performance as offered by Jollibee to! Your competitive Matrix listening to calculate the social net Promoter score, used to evaluate a company 's position. Any manner industry more competitive competing firms- high, the way Filipinos like it revenue has able. It s top 10 competitors undifferentiated products with slow industry growth tend to aggressive! Competitive firm and they should be competitive not only in the Philippines where they have dominating... Own brand named Jollibee be helpful in this browser for the next time I comment, and distancing! S IndustryStructure model Approach competitive analysis ( Porter 5 forces ) rivalry among competing firms-,. Recommendations for KFC of your competitive Matrix to high psychological costs or economic.
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