SPRING 2013 INTRODUCTION TO BUSINESS (MGT211) ASSIGNMENT NO. 01 DUE DATE: 2ND MAY 2013 MARKS: 20 ASSIGNMENT: TOPIC: PEST Analysis for New Business Learning objectives To get knowledge about the importance of a PEST analysis. To know about the qualities of a good businessman. Learning outcomes After this assignment‚ student will: To understand the role of PEST analysis for goods and services. To understand the qualities of a good businessman required for the success of a business. Case:
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I) Emergence The fast food culture emerged as early as the 19th century. During the Industrial Revolution‚ a large workforce was required to work for 10 to 12 hours a day. With so much work to be done‚ fast food was the idea of a quick and easy lunch. In India‚ fast food culture emerged in the decades after independence‚ starting from the 1950’s. Eating at home used to be a significant aspect of Indian culture‚ so the change was gradual. Over a period of time‚ with a growth in the number of nuclear
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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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"Fast Food Nation" by Eric Schlosser One doesn’t need to be a Rhodes scholar to figure out that Eric Schlosser‚ in his book Fast Food Nation‚ has a bone to pick with the way America eats. The name of the book alone‚ carrying with it cultural baggage‚ reveals that he is not a fan of the great American hamburger. If you read the book‚ though‚ you will realize that he’s not half as much against the french fries that often go with that burger‚ although he’s no particular fan of those‚ either. Schlosser
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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 in the world‚ while delivering fresh‚ delicious sandwiches and an exceptional experience.” The Nature of the Business SUBWAY® is in what is known as the Quick Service Restaurant industry. This industry is made up of more
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KENTUCKY FRIED CHICKEN AND THE GLOBAL FAST-FOOD INDUSTRY UNIVERSITY OF DHAKA A report submitted to the Faculty of Business Studies in partial fulfillment of the requirements of the final term examination in Principle of Management‚ Summer-2013. Submitted To: Prof. Dr. Shahid Uddin Ahmed Course Instructor EM 502 (S-B) Principle of Management Submitted By: Group B Sahin Sultana‚ Roll-66 Kanis Fatima‚ Roll-76 Nowshin Ahmed‚ Roll-63 Tabassum Mohsin Chowdhury
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(2011). Research conducted has shown fast food to be a leading contributor to childhood obesity with close to one third of children consuming and demonstrating weight gain and risk of obesity (Holguin‚ 2004). The fast food industry stands accused of attempting to addict people‚ at an early age‚ to their food with a direct result of increased incidences of obesity. Much like the tobacco industry and smoking‚ there is debate whether responsibility lies with fast food or with individuals and their parents
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Introduction To perform the Industry Analysis it is better to follow Michael Porter ’s five forces model. This analysis framework was created so that it helps managers in their task to analyze competitive forces to the company. (Hill & Jones 80) This model is only one of the models that can be used for this task but it is one of the more popular models. The five forces that we will have to look at for this model are (1) the risk of new and potential competitors; (2) the bargaining power of
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not regulate the consumption/endorsement of fast food if there is a common misconception that Americans are all overweight and if it is harmful to a citizen’s health in general? The government’s role in this nation is to protect its people from harm and anything that could potentially be of great risk to them. However‚ I’ve deduced that the government has failed in one major aspect of American life. Beginning in the early 1960’s‚ the fast food industry has molded itself so permanently into each
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Fast Food Nation: The Dark Side of the All-American Meal‚ by Eric Schlosser. Perennial of HarperCollins Publishers‚ 2002. 383 pp.‚ $13.95. ³As American as a small‚ rectangular‚ hand-held‚ frozen‚ and reheated apple pie.² (p. 3) Far from being a run of the mill expose on calories and fat grams in fast food‚ Fast Food Nation is a hard-hitting critique of the industrialization of America¹s and‚ later‚ the world¹s food supply. The consequences of this industrialization have far-reaching effects
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