Connecticut.‚ USA. Address: 325 Bic Drive Milford‚ Connecticut 06460 U.S.A. Telephone: (203) 877-4281 Toll Free: 800-888-4848 Fax: (203) 876-6695 Incorporated: 1965 as Pete’s Super Submarines Employees: 730 NAIC: 722211 Restaurants‚ Fast Food Mission Statement “Delight every customer so they want to tell their friends – with great value through fresh‚ delicious‚ made-to-order sandwiches‚ and an exceptional experience.” Vision Statement “Be the #1 Quick Service Restaurant (QSR) franchise
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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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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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Nowadays‚ people can’t deny that chocolate has famous and popular food. It has many flavors and types such as dark chocolate‚ milk chocolate or white chocolate. In free time‚ consuming desserts help many people relax‚ feel good and enthusiastic for work or anything else. People love to eat but some people only eat and never realized about something bad of it. They never knew about the negative effect of chocolate has. People eat chocolate because of it delicious. They never know another side of what
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AMERICAN FAST FOOD IN KOREA 1. Compared to other East Asian countries‚ is Korea an ideal market? Korea is the only country in Asia where capital expenditure has revived in 2002. In the whole Asia fast-food chains were not hurt by the Asian economic crisis at the end of the 90’s. However in Korea‚ revenues of fast-food franchises fell by 25 per cent during the Asian financial crisis in 1997 and while the economy was under the influence of the shock. After some structural reforms in
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