Food is a basic necessity. The industry which deals with preparing food items/products refers to the food service industry. The food service industry is and will always remain in high demand because of its genre. Restaurants and fast foods mainly contribute to the food service industry. “Fast food” generally refers to the type of restaurants that sell quick‚ inexpensive take-out food. During a relatively brief period of time‚ the fast food industry has helped to transform not only diet‚ but also
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Chapter 7 Money is anything which people are willing to accept in exchange for goods and services. Barter involved exchanging or swapping goods or services which people already have for something else they need. For example a pig in exchange for a pair of shoes. This system was very complicated. Not only did you need to find someone who had what you needed‚ but he/she had to be willing to accept whatever you had to offer. To overcome this problem money was introduced. For example how many
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Branding Focus: Relative Merits of Product or Brand? * Kindle Fire vs. iPad * iPad has a seamless integration of all of their products (brand) * Kindle users have a more utilitarian focus (product) * Ask “where is the power?” – it always depends Brand or Product? * Branding challenges * Savvy customers – we can get information in an instant * Brand proliferation: more brands‚ and brands carry more product * Media fragmentation * Increasing
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taking; institutional‚ cultural fit and success opportunities into consideration. These models also give in-depth information on locations that the companies have chosen. A very well-known framework is the Porter’s Diamond which was found by Michael Porter in 1990. This report will discuss the advantages and disadvantages to determine a company’s home and host location decision by analysing two high street retailers – French E.Leclerc and UK’s Sainsbury’s. Porter’s Diamond Model (1990: 73 ) states
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CHAPTER 2: Porter’s Five Forces (Detailed Analysis of Present Environment) -Threats of new entrants A couple of years ago there were just a couple of casinos in Manila‚ all owned and operated by Pagcor (owned by the government)‚ but in the recent years a lot has changed and The Philippines is now expected to be one of the world’s top casino destinations in the near future. Resorts World Bayshore is the 4th casino to open in Entertainment City Manila. Construction on the first phase of the resort
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The much anticipated Apple iPad was released today to lines of eager customers. The iPad was announced in January and hype has been up since. The iPad boasts features such as portability‚ e-book integration‚ as well as gaming capabilities. Apple executives have described the on-screen touch keyboard as easy to use; however‚ critics‚ especially bloggers‚ say it is not good for extensive typing projects. Customers purchasing the iPad have reasons that include everything from excitement over the
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Michael five forces model Rivalry among competing Firms: this is usually the most powerful of the five competitive forces. The strategies pursued by one firm can be successful only to the extent that they provide competitive advantage over the strategies of other firms (Grobler 2009) Due to China’s incredibly high FDI rate‚ more and more companies are investing into Chinese businesses and strengthening them in both their domestic markets and also on the global front. With the ever increasing
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a mobile computing devices which will bring the user experience of using tablet to a whole new stage. The iPad Mini is a mini tablet computer designed‚ developed‚ and marketed by Apple Inc. ipad mini can function as a Entertainment mobile devices Watching movie‚ surfing internet‚ listen to music‚ taking photo‚ playing games Ipad mini also a useful Education devices With iPad‚ the classroom is always at your fingertips. Right now at the App Store‚ there are thousands of apps available
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Individual Case Assignment 1 I c) The competitor I choose is Sonic Corp.‚ their competitors are 1) Burger King‚ 2) McDonald’s and 3) Whataburger. The first financial ratio calculated was the current ratio. The industry percentage is .93‚ McDonald’s current ratio is 1.14 and Sonic is 1.72. Both companies have ability to pay back their short-term liabilities with their short-term assets. Debt to Equity: McDonald’s: .75‚ Sonic (-172.3) and the industry: 1.00. Sonic’s short-term debt has gone up
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another product because of its superior features and performance. The iPad is a product that is considered by many experts to be a disruptive technology because it was the first tablet to offer such elaborate complexity and product rich features. There were previous dominant technologies prior to the iPad in the tablet PC market that the iPad substituted‚ however those products failed to capture the market with the dominance the iPad has. The relatively low cost and high number of applications available
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