interested in prepared food which can be served quickly or allow them to take away in order to saving time‚ fast food restaurant where provide western burger‚ chicken‚ and pizza. This paper analyzes the fast food industry structure in Hong Kong and evaluate whether this is an attractive sector to compete in by Five Force Model. Secondly‚ identify the “critical success factors” which performance in the sector now and in the near future. Industry Structure Analysis: The food service industry continues
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Dialectical Journal – Fast Food Nation 1. “Hundreds of millions of people buy fast food every day without giving it much thought‚ unaware of the subtle and not so subtle ramifications of their purchases. They rarely consider where this food came from‚ how it was made‚ what it is doing to the community around them. They just grab their tray off the counter‚ find a table‚ take a seat‚ unwrap the paper‚ and dig in” (Schlosser 10). In this passage from the introduction‚ Eric Schlosser directly states
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The existence of fast food establishments is not new. According to Parsa and Kahn‚ quick food service dates back to Constantinople in 1500 A.D.‚ with the creation of the coffee shop. However‚ in the past half century‚ there has been a surge in what we now think of as quick service restaurants (QSR)‚ serving a growing number of people who are eating more and more of their meals outside of the home. Every day in the United States‚ 25% of the population will visit a fast food restaurant‚ and worldwide
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directly are interconnected with the effect on the company’s ability to serve its customers and to make a profit. A change in any of these forces generally requires a company to re-assess its competitive strategies. Competitive rivalry According to Porter’s Five Forces Model‚ if entry into a market is easy then rivalry is likely to be high. Considering McDonald’s competitive rivalry‚ there is intense competition in fast food industry that many small fast food businesses fight with each other to
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Fast Food kills “Fifty million people in the U.S. are dependant on fast food (Fast Food Secrets)”. People all over‚ are eating more of it‚ but most of them aren’t fully aware of how bad it actually is. Most fast food places do things that act as a lure for people to buy more food. Such as offering a large portion of food for a small amount of money. This overall consumption of fast food has many consequences. Fast food is bad for you in more ways than one. Not only is it unhealthy‚ but the restaurants
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Impact of Fast Food The Impact of Fast Food Fast food especially McDonalds and KFC from the United States has brought a lot of impacts since the first day it arrived in China. You can notice that many people especially the youth and kids like fast food so of them even declare fast food is more tasteful than Chinese food. So some nutritionists warn that maybe some day fast food will take the place of Chinese food. But I don’t think so. Yes fast food does have some advantages. For example fast food
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CHAPTER 1 The Problem Rationale Food is one of the basic necessities of man in order to stay alive. Whether he likes it or not‚ man needs sufficient amount of food to sustain his being. This need to meet the food intake parallel with the essential meals per day results to the materialization of the food service industry which deals with preparation and sale of food items or products. Therefore‚ the food service industry will always remain in high demand because of its category. This industry
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Fast Food (1) Fast food‚ which is a very common concept in America today‚ has not always been so popular. (2) Because McDonald’s was the first restaurant to equip themselves with an assembly line people think that it was the beginning of fast food‚ but many consider White Castle to be how fast food chains began. (5) When founded in 1921‚ White Castle was an extremely important part of fast-food development. (3) Surprisingly‚ at the time‚ hamburgers were considered revolting. White Castle changed
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the fast food industry over the last few decades. Although‚ many other factors also attribute to this the eating of fast food is the main one. Should the fast food industry really be held at an ethical or moral standing for what they feed their customers? This has led to many debates and also many changes‚ but also it shows that the fast-food industry is operating on demand from the consumer. Right now the consumer doesn’t have a moral or ethical obligation to themselves‚ therefore the fast food
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Fast Food could Contributes to Unhealthy Weight Gain Fast food is unhealthy; leads to obesity and disease‚ but the convenience and addictiveness of it contributes to the laziness of the general population. Most people eat fast food for the lack of time then having prepare a decent meal. It seems as though there is a fast food restaurant on every street corner while driving home. The general population oversees the fact that eating nothing but these greasy foods will attribute to weight gain
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