INTRODUCTION 3 1. THE CHARACTERISTICS OF THE PRODUCT 4 2. PRODUCT 5 a) Dimension and focus 5 b) Aspects of differentiation and product quality 6 c) Product Portfolio 6 d) The Brand 7 3. PLACE 9 a) Commercial distribution concept 9 b) Logistics 9 c) The supply process 10 d) Intersuppliers 10 e) Points of Sale 11 4. PRICE 12 a) Price concept 12 b) Pricing strategy 13 c) Determinants of pricing strategy 14 c.1) Costs 14 c.2) Market and Demand 14
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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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Placing products in the BCG matrix results in 4 categories in a portfolio of a company: BCG STARS (high growth‚ high market share) - Stars are defined by having high market share in a growing market. - Stars are the leaders in the business but still need a lot of support for promotion a placement. - If market share is kept‚ Stars are likely to grow into cash cows. BCG QUESTION MARKS (high growth‚ low market share) - These products are in growing markets but have low market share. - Question
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Fast Food Market Market Overview: Fast food as defined by English dictionary is cooked food sold in snack bars and restaurants as a quick meal or to be taken away. Fast food is any food that can be prepared and sold within a short span of time. Thus‚ fast food industry is composed of all those food outlets that serve preheated or precooked food. Fast food market is the sale of eatables (food and drinks) for immediate consumption either on the premises or in designated eating areas shared with
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Hoo Sze Yen www.physicsrox.com Physics SPM 2011 CHAPTER 3: FORCES AND PRESSURE 3.1 Pressure Units of pressure Unit Note Pa SI unit N m-2 Equivalent to Pa N cm-2 cm Hg m water atm 1 atm = atmospheric pressure at sea level bar 1 bar = 1 atm Pressure is the force which acts normal per unit area of contact. P= F A where P = pressure [Pa] F = force [N] A = area [m2] For atmospheric pressure only 3.2 Pressure in Liquids Pressure in liquids are not dependent on the size or
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Fast Food Nation Essay "A nation ’s diet can be more revealing than its art or literature." (p.3) Eric Schlossers book Fast Food Nation is not only an expose of the fast food industry but also shows how the fast food industry has shaped and defined society in America and other nations as the fast food culture spreads globally. He connects the social order of society to the kind of food it eats and the way it eats that food‚ and relates fast food to other social processes and institutions
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ANALYSIS OF FAST FOOD INDUSTY SUBMITED BY NAME: PREM SONI SUBJECT: MARKETING MGT SECTION: B ROLL NO: 37 INTRODUCTION
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Economics THE EFFECT OF FAST FOOD RESTAURANTS ON OBESITY Janet Currie‚ Stefano DellaVigna‚ Enrico Moretti‚ Vikram Pathania February 2009 www.wine-economics.org The Effect of Fast Food Restaurants on Obesity Janet Currie‚ Columbia University and NBER Stefano DellaVigna‚ UC Berkeley and NBER Enrico Moretti‚ UC Berkeley and NBER Vikram Pathania‚ UC Berkeley January 2009 Abstract. We investigate the health consequences of changes in the supply of fast food using the exact geographical
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McDonalds Analysis of industry A business has to understand the dynamics of its industry and market in order to compete effectively and intensively in the marketplace. The forces which derive on competition and attractiveness of a market. The competitive environment is created by the interaction of these five different forces acting on a business. In addition to rivalry among existing firms and the threat of new entrants into the market‚ there are also the forces of supplier power‚ the power
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4 The 51st US state? Labour relations in the UK fast-food industry Tony Royle Politicians of most political persuasions have at different times emphasized the importance of the UK’s ‘special relationship’ with the US‚ something that was arguably at its peak during World War II and under the Conservative Thatcher governments of the 1980s and early 1990s. Under the Thatcher administrations‚ government policy appeared to be drawing strongly on the US economic model and trying to move away
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