The five competitive forces (Porter’s framework) as applied to this industry McDONALD’S 1. Threat of substitute products Low-Moderate – Availability of the MCD products – Choose MCD for Easting and Entertainment – Narrows Threat of Substitutes due to introduction of local taste products. 2. Threat of new entrants HIGH – Regulation of Limit – Easy Access Market and Low start up cost – Example of SubWay’s market penetration 3. Intense rivalry among existing players HIGH
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Distribution of Fast Food Sociology 029 Adaku Nathan Dr. Harris March 7‚ 2014 Abstract The topic of African American health appeals to me because of the tremendous lack of knowledge in the black community on the subject matter of living a healthy lifestyle. Fast food has been viewed in the minority cohort as a means of daily substance‚ specifically to African Americans living in Los Angeles. The fast food industry has strategically placed chains of cheap and easily accessible food in neighborhood
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around to most people and ask for their opinion of fast food work‚ most will tell you that it isn’t a real job. The general idea is that fast food jobs are meant for teenagers looking for spending money. Sometimes this is true‚ but after reading “Next Time Someone Says Fast Food Isn’t A Real Job‚ Remember This.” by Emily Cohn‚ I quickly realized that is frequently not the case. I chose this article because I have worked in the fast food industry for over a year and seen a variety of age groups working
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Fast Food Popularity Nowadays‚ fast food restaurants appeal a lot to a large number of people‚ this has become one of the reasons why such kind of establishments sprawl in almost every place. The popularity of fast food restaurants has influenced many causes and effects. I believe there are causes such as convenience and price that are causing the fast food industry to grow so big. There are also some important effects of a large fast food industry such as health issues and increase in job opportunity
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There are three driving forces of globalization. Improvements in technology‚ improvements in transportation and investments by transnational corporations (TNCs) Firstly‚ Improvements in technology has made communications among people in different locations faster and more convenient. People across the globe can communicate with tools such as telephone‚ electronic mail‚ fax and video conferencing. Satellite technology has enabled messages to be transmitted from one location and received in another
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Force Field Analysis: Driving Forces Field Analysis: Driving Forces KURT LEWIN’S CHANGE THEORY By: Mandeep Chahal & Arvinder Khaira Mandeep Chahal Arvinder Khaira DRIVING FORCE Driving Forces are forces that push in a direction that causes change to occur. They cause a shift in the equilibrium towards change change. i.e. A married couple who has to get ready for a party‚ the husband is on the couch watching the football game. The wife encourages her Th husband to get ready because
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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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FAST FOOD NATION Section I - The American Way Chapter 2 - Your Trusted Friends The concepts of conformity and organizational homogenization‚ while repugnant in a democratic society‚ can actually aid big businesses and more specifically franchises in promoting quality assurance and brand loyalty. Large corporations‚ such as McDonald’s‚ are able to maintain stability and control by removing any factors that may create unfamiliarity for their customers. The goal of McDonald’s is to create a fast
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Fast Food‚ Fat Food Nowadays‚ fast food is a very popular trend in Thailand. Teenagers think it is very smart when they go into the fast food restaurant‚ especially‚ the restaurant which is a part of foreign franchise restaurants. Not only teenagers that like fast food but also children and adults. In the busy schedule of modern times people have no time to prepare nutritious food during the day so fast food becomes a very convenient choice. However‚ there are several health issues related to consuming
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Fast Food is Our New Addiction Obesity is increasing rapidly because of the fast food. Showing and telling people how unhealthy to eat the fast food is extremely hard because it is now the popular culture for the societies those are dominated by the fast food industries. High profit and low cost is the primary reason why there are many Burger Kings and McDonald’s in the world (Kenway‚ “Junk food: The New Tobacco”). Yet some readers may challenge my view by insisting that the fast food industries
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