Sara To (23) Kathryn Yung (30) F.6A A Brand-New Fast Food Trend Introduction Fast food is very common in Hong Kong. We can find at least one fast-food restaurant nearby. McDonald‚ KFC‚ Burger King‚ Triple O’s‚ Café de Carol can be found everywhere in Hong Kong. Fast food means that the food can be prepared and served very quickly. It can save us time and is convenient. [pic][pic][pic] The aim of this report is to investigate fast food culture in Hong Kong
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Does McDonalds have a competitive advantage over other fast food restaurants? If so‚ why? Introduction The aim of this enquiry is to investigate whether McDonalds outlets have a competitive advantage over other fast food stores‚ in particular Burger King restaurants. If this is true then I will evaluate what their competitive advantages are and how exactly they help McDonalds to achieve their success. To aid me with my investigation I will carry out two forms of research. My primary research will
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speed renovations and the implementation of new technology‚ such as the self-ordering touchscreens being tested in about 250 locations. A company that adopt such an innovation will be guaranteed of a competitive edge in the market. For example‚ Burger King‚ Wendy’s‚ Subway‚ and Pizza Hut all have franchisees that own hundreds of location. But the largest MacDonald’s owner in the U.S.
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In the late 1940s‚ Dick and Mac McDonalds were searching for a way to improve their little drive-in restaurant in San Bernardino‚ California. They invented an entirely new concept based upon speed service‚ low prices‚ and big volumes. Word of its success spread quickly and in 1952 they had more than 300 franchising inquires a month from all over the country. McDonald’s is now the largest and best-known foodservice retailer and one of the two best-known and powerful brands in the market. With more
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competition the major focus between businesses. Although‚ McDonald’s‚ with more than 32‚000 local restaurants serving more than 60 million people in 117 countries each day‚ has a number of fast food outlet competitors across the countries such as Burger King‚ Taco Bell‚ KFC‚ Wendy’s‚ it is currently the leader of the industry in market capitalization with a cap of $39.31 billion. Supplier bargaining power The bargaining power of suppliers of McDonald’s is high because McDonald’s restaurants use the
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considered to be a first world country. This is also the case for the fast food industry in Indonesia‚ it has become amazingly easy for local Indonesian customers to find‚ purchase and consume internationally known fast foods. Such as McDonalds‚ Burger King‚ KFC‚ Krispy Kreme. These brands have become incorporated in the Indonesian people’s lifestyle‚ even though it is completely alien compared to the Indonesian culture‚ food‚ etc.
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increasingly varied diet Could diversify into a wider range of products Threats The threats that may occur could be A number of well-established‚ national fast food chains may remain the first choice for customers e.g. McDonald’s‚ Burger King A lot more people would want to eat healthier and turn to sandwiches and baguettes This is currently a growth area‚ so additional competitors could be attracted to the
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Chick-fil-A is a fast food restaurant based off of their founder’s‚ Truett Cathy‚ morals. Christianity was a key principal in Cathy’s idea of his ideal business. There are tons of businesses today who do not mix church and state‚ but Cathy had a different idea in mind. Although Chick-fil-A receives criticism for the morals they uphold‚ they have taken over America. According to Business Insider‚ Chick-fil-A has dominated America as over the majority of state’s favorite restaurant. As a Christian
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MKT 204 Principle of Marketing 2 Individual Assignment Fast food industry Swot Analysis Name: Ting Ze Kai ID: I11008551 Section: 5K1 Lecturer: Mr CHEAH SIN CHYE Table of Contents Company Background | 3 | PEST Analysis | 4-9 | 4Ps Strategies | 10-11 | References | 12-13 | Appendix | 14 | Company Background McDonald is a largest chain of hamburger fast food restaurants in the world. Approximately 68 million customers in 119 countries daily are served. The birth of McDonald began with Raymond
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of Westminster‚ CA‚ Inglewood‚ CA‚ Santa Monica‚ Venice‚ Playa Visit and surrounding areas to find a restaurant to serve them a burger‚ or hot dog‚ even seafood restaurants are abundant in the area. When you want pizza‚ or Chinese food‚ you can find a place on virtually every block to serve you some. However‚ when you want a kabob where do you go? You go to Shawarma King. The word Shawarma is common in Middle Eastern cuisine. It refers to meats that are prepared a certain way. These meats are seasoned
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