CONSUMER MARKETS The chocolate of tomorrow What today’s market can tell us about the future June 2012 kpmg.com R evenues from the chocolate industry continue to prove rewarding‚ with 2011 figures from IBISWorld predicting annualized growth of around 2% over the next five years‚ after dampened expectations during the dark days of 2007-09. But behind the encouraging headlines‚ many companies are battling to stay on top of a rapidly shifting marketplace. Taste is diverging‚ as fast-growing
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a. 1. IHOP Corp (9-30-2002): Reacquired franchise and equipment held for sale is separated into two parts: current asset and long-term receivables (SEC Government‚ 2002‚ Item 1). The company estimates the useful life of the assets‚ and records the amortization of the asset. For instance‚ in the quarterly report ended September 2002‚ amortization on franchise operations is $1‚647‚000. In this case‚ the company treats its reacquired franchise rights as intangible assets that have limited lives.
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heavenly taste of chocolate which transports you to a different world? The astounding global popularity and rich‚ wholesome taste of chocolate is beyond imagination. Happily for chocolate lovers‚ it not only tastes great but has a plethora of tangible benefits. Add Chocolate liberally to enchant different taste buds Chocolate is the proverbial jewel in the crown of many mouthwatering dishes such as chocolate chip cookies‚ chocolate cakes‚ chocolate ice cream‚ chocolate tarts‚ chocolate puddings and
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Major problem: How can “Cowgirl Chocolates” advertise and increase profitability through their online retail services and expand their wholesale business to include more retailers? Sub-Problems: (non-controllable) • Economy- if the economy is in recession‚ the demand for expandable goods will decrease. • Demand- only approximately 15% of consumer is currently eating spicy foods. Men are more inclined to eat spicy food than women. • Supply- product has a short shelf life and contains imported
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1/2 teaspoon baking powder 1/2 teaspoon salt 1-1/2 teaspoons vanilla extract Chocolate Cake Directions: 1. Preheat oven to 350 degrees F. Grease and flour three 9-inch cake pans. 2. In a medium bowl‚ stir the boiling water into the cocoa until smooth‚ and set aside. 3. In a separate bowl‚ combine the flour‚ baking soda‚ baking powder and salt‚ and set aside. 4. At medium speed of an electric mixer‚ cream the butter and sugar for 4 to 5 minutes. 5. Add the eggs‚ one at a time‚ beating
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The Chocolate War: To Ban or To Not Be Banned In Robert Cormier’s The Chocolate War‚ the story itself may be considered a little controversial. Although the storyline is interesting and many people had their eyes glued to the page‚ others believe that some parts in the book are too controversial that it should be banned in schools. I personally believe that even though The Chocolate War was an interesting book to read‚ it should be banned from schools. While reading The Chocolate War‚ I noticed
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Abstract Chocolate is a popular food and it is usually consumed as a snack food which is not as a main meal. Its consumption also has been associated with pleasure‚ love and enjoyment. Previously‚ many studies have been done to find the correlation between chocolates consumption and moods but the relationship between chocolates and moods were highly complex. However‚ the effectiveness of consuming chocolates on peoples’ mood remains unclear and the evidence in chocolate studies remains highly
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Dark chocolate history goes back at least 3000 years. What began as a bitter drink in the pre-historic tropics of South America has become one of the world’s most popular treats. For most of this time‚ dark chocolate was the only form. So chocolate history is really the history of dark chocolate. Native American Drink Throughout the tropical areas of Central and South America‚ a room-temperature drink made from cacao seeds has been enjoyed for several thousand years‚ with the earliest
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dipped in chocolate‚ gourmet chocolate pretzels‚ chocolate caramel apples and chocolate covered pecans. Strawberry Dipped in Chocolate Choose luscious and large strawberries from the grocery store. Carefully wash and air dry them‚ leaving the stems and hulls intact. Microwave milk chocolate chips or semi-sweet chocolate chips in a microwave safe bowl‚ following the instructions on the bag. Do not overcook. When the chocolate is melted‚ carefully dip each strawberry into the chocolate‚ swirling the
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Chocolate Industry in India OBJECTIVES * To understand the overall chocolate industry in India. * To know the challenges and opportunities. INTRODUCTION * Indian chocolates industry is growing at a rapidly18-20% per annum. * Cadbury ’s occupy about 72% of the chocolate/confectionery market with Dairy Milk‚ Five Star‚ Perk‚ Gems * The organized sector in chocolates constitutes 40%.Chocolate consumption in India is low‚ per capita consumption in urban India is estimated
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