Chocolate Table of Contents Introductions……………………………………………………………………………………………………………………page 1 Table of Contents…………………………………………………………………………………………………………….page 2 Why is chocolate the most popular sweet? …………………………………………………………………….page 3 How is dark chocolate different from milk chocolate? …………………………………………………….page 3 How are cocoa beans grown? ………………………………………………………………………………………….page 4 How was discovered? ………………………………………………………………………………………………………page 4 Conclusion ………………………………………………………………………………………………………………………
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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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This essay is an attempt to apply the Five Forces Model for industry analysis and business strategy development formed by Michael E. Porter of Harvard Business School in 1979 that draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Within the ambit of Porter’s typology‚ this essay aims to analyze the attractiveness of industries for investment and seeks to identify their potential for change or
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Five Forces Model Rivalry Among Firms: Currently in the fast food industry‚ there is intense competition for growth in the market. The market growth is rising because of the convenience factor and busy consumers not having enough time to cook a meal. The restaurant industry is also growing rapidly due to opportunities in other global markets. In McDonald’s case‚ they actually have a competitive advantage because they have already entered many different countries and are succeeding in these countries
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CHOCOLATE! Just that word makes most people mouth water. It is a delectable substance that can be made into flakes that melts in your mouth‚ or into delicious candy bar with nuts and marshmallow‚ or a plain old bar of chocolate. All contributes to the mild addiction some people feel towards chocolate. Today we are going to talk about this topic because
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TIMELINE FOR HISTORY OF CHOCOLATE In 1500BC – 400 BC‚ the Olmec Indians are believed to be the first to grow cocoa beans as a domestic crop. Cacao trees have grown wild for possibly 10‚000 years. The Olmec civilization only lasted until about 300 B.C. In the 14th Century‚ cocoa became a drink that was popular for the upper class of the Aztecs; they called it “xocalati” meaning warm or bitter liquid. They were the first to tax the beans. In 1492‚ Christopher Columbus was said to have brought back
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Risk of entry by potential competitors There is a great deal of risk of entry by potential competitors due to the low start up costs. McDonalds is able to add specialty coffee to their existing services to tap into the speciality coffee market.(1) There is potential of $125‚000 per year in revenue to be made by each store if they are able to successfully enter the specialty coffee market. McDonalds also has the infrastructure to enter the speciality coffee market without building new outlets
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3.0 Porter’s five forces Threat of New Entrants The threat of new entrants‚ both potential and existing competitors influences average industry profitability. The threat of new entrants is usually based on the market entry barriers. Some of the barriers include cost of entry‚ the cost you need to bear in order to enter the particular market. Rules and regulation set by Government may also considered barriers for new entrants to enter markets. The operations of McDonald’s Malaysia are affected
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Chocolate is a confection made from cacao beans‚ the seeds of the cacao plant. There are a large number of products made from it on the market‚ from powdered cocoa for making drinks to white chocolate‚ and most markets carry a cross-section of confections for their customers. In addition to being available at general markets and grocery stores‚ chocolate can also be purchased from specialty companies which make luxury and distinctive confections. Making chocolate is a time consuming process. Cacao
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A Little of History Chocolate is typically sweetened food produced from the seed of tropical Theobroma cacao tree. Although cacao has been cultivated by many cultures for at least three millennia in Maxico and Central America‚ its earliest documented use is by the Olmecs of south central Mexico around 1100 BC. In fact‚ the majority of Mesoamerican people made chocolate beverages‚ including the Mayans and Aztecs. The seed of cacao tree have an intense bitter taste and must be fermented to develop
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