Setting up a fast food joint in India (Feasibility Report) Prepared By: Alankar MBA – International Business Indian Institute of Foreign Trade‚ Delhi Introduction Fast food is the term given to food that can be prepared and served very quickly. While any meal with low preparation time can be considered to be fast food‚ typically the term refers to food sold in a restaurant or store with low quality preparation and served to the customer in a packaged form for take-out/take-away. Also
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Fast Food in the United States Food prepared quickly for consumers is how we define fast food. Fast food restaurants main purpose is to provide food in a short amount of time for the customers. They are inexpensive‚ quick‚ and convenient. The first or the earliest fast food restaurant that had started this fast food chain is the infamous McDonalds. The first McDonalds was not how the current one is like now. It was actually a restaurant that served barbeque foods in the 1940s. The brothers
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2005. South Korea is now one of the world’s largest economies (as of 2006‚ it is 14th in the world according to GDP). (2). If we will compare Korean market to East Asian countries (Exhibit 1 p.12).From report I have strong understanding that mane fast-food market in any Asian countries is in big cities. Let’s check urban population level in all Asian countries. Based on Exhibit 1 we can clearly see that Korea has one of the best Urban Population level-total population level 47.6 million and urban population
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Chapter 3 Management and Organization Evaluation This chapter presents the management and organization evaluation which composes of the form of business organization‚ organizational structure‚ personnel qualification‚ personnel duties and responsibilities and personnel salary structure. 3.1 Form of Business Organization The company operates as a small scale single proprietorship and is manned primarily by 20 regular employees. Contractual staff is hired depending on the volume of demand for
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Throughout Fast Food Nation‚ there are many topics and issues discussed that bring the reader to question one’s self and their eating habits. While reading through‚ I had a burning question that seemed like a reasonable thing to wonder. How was fast food evolved or changed since it’s upbringing? With a little research and some strategic digging‚ I was able to find some information that would lead me to a satisfying answer. With the start up of McDonalds in the late 1940’s‚ fast food was a new and
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As the Chief Executive Officer of Sierra Lighthouse Hotel Freetown‚ I’ve been provided with an Organisational Performance and Customer Satisfaction equation: Consumer Expected Quality - Organisational Actual Quality = Customer Perceived Quality EQ > AQ => Dissatisfaction EQ = AQ => Mere Satisfaction AQ > EQ => Delighted Customer An Organization Performance includes multiple activities‚ that help in establishing the goals of the organization‚ and monitor the progress towards the target
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Project Proposal on “Customer Relation Management Practices in the Indian Fast Food Industry” Submitted To: Prof. Ashwini Awasthi Submitted by: Meghna Mavani (091227) 1 Project Title: Customer relation management practices in the Indian Fast-Food Industry. Introduction to the topic: Relationship marketing is emerging as the core marketing activity for businesses operating in fiercely competitive environments. On average‚ businesses spend six times more to acquire customers than they do to keep
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1. Introduction The objective of this assignment is to develop an environment analysis research designed to identify preferred location‚ potential target markets‚ competitors’ analysis‚ and its feasibility and success of “Beautiful Stranger” fast food restaurant. 2. Business Characteristics and Operations Eating out is a wonderful experience‚ something one can enjoy with family and friends. However‚ eating healthily at restaurants on a regular basis may pose a few challenges. Being unfamiliar
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Fast food chains are killing people “You want it‚ need it‚ you gotta have a taste of McDonald ’s burgers.” There are a lot of fast food offers that can catch our attention. They are great offers that can help us to save a lot of money‚ but what is behind cheap food? Fast food chains are killing people. They cheat their clients with sugar-free products‚ but they still have a lot of calories and fat. The offers that fast food provides customers are so good that they are becoming addicted. People
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Zachary Buerkle November 12‚ 2012 Is fast food the new tobacco? Should government further regulate fast food advertisements as done with tobacco advertisements? On June 22 of 2010‚ over ten years of intensive planning from the FDA would finally result in the extensive regulation of the $89 billion tobacco industry. Although the newly created laws could not illegalize nicotine or tobacco‚ the FDA was given vast authority to regulate the ingredients in tobacco products as well as the way they
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