University of San Carlos College of Commerce P. del Rosario St.‚ Cebu City ------------------------------------------------------------------------------- An Analysis of the Philippine Fast Food Industry using Michael Porter’s Five Forces ------------------------------------------------------------------------------- Submitted to: Ms. Joyce Yang Submitted by; Group 9
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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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Innovative Integrated Management System (IIMS) for Sustainable Food Industry Assoc. Prof. Dr. Prasert Suttiprasit Director of The Centre for Standards and Quality Development of Production and Services Sukhothai Thammathirat Open University Nonthaburi 11120‚ Thailand Tel. +668-1346-9000 Email. prasert_sp@yahoo.com ABSTRACT It is evident that the long-term survival and growth of global food industry depend on the availability and efficient use of raw materials‚ energy and water and other
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To determine how attractive a market is. b) To understand the dynamics of the market and amend strategies accordingly. Here we apply the dimensions of a Market Analysis to McDonalds corp. 1) Emerging submarkets; McDonalds failed to recognize the changing trend in customer’s preferences to better tasting‚ fresher food. This trend led to new sub markets emerging for tastier‚ fresher and fast food perceived as healthier. A few of the smaller/privately owned competitors (Cosi and Quizno’s) were
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Food industry Introduction Food industry is a continuously on demand industry that people are always needed and want. Some economists and analysts claim that food industry is one of the most proofs to economic slowdown. This makes this industry a resilient‚ reliable and profitable industry. The products and foods that are part of the booming industry includes‚ confectioneries‚ health products‚ biscuits‚ kids foods‚ animal foods‚ crackers‚ bakeries‚ cakes‚ vegetables etc. The wide range of products
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A fast food restaurant is on every corner‚ but is actually good for you? Fast food became popular in the early 1900’s but it didn’t just take off. Fast food has made quite a journey in its development opening opportunities along the way. It has its advantages and disadvantages but being aware of them is very important. Fast food has made a huge impact on our nation’s health and economy. How was fast food developed? Burgers made at fairs‚ carnivals‚ and events were known as low quality. It
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the past people in Egypt used to eat healthy‚ freshly prepared food with their families in the home. Today however‚ many people‚ particularly young people‚ prefer to eat fast food such as hamburgers‚ fried chicken‚ or pizza. There are many problem when people used to eat fast food in present. It is dangers for health and body. There are many reasons why people used to eat fast food. There are many reasons for the popularity of fast food. One of the main Cause is the change in lifestyle. Many people
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“Fast Food Industry” There are a few issues in the United States that many of us are talking about daily. One of those main issues that are being talked about is food in our society. But even more specific than that‚ many are talking about how the fast food industry has affected and impacted our society. There is a lot of history of how fast food has started. There were a lot of entrepreneurs many years ago that realized that going into the fast food chain would bring them great profit (Levenstein
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Fast Food Restaurants and Obesity Are you one of those individuals who blame fast food corporations for making children obese? If you’re response is yes‚ well‚ you’re probably fat. Fast food restaurants are convenient‚ tasty‚ and quick but they are not the cause to obesity. Although these places contain high calorie counts and undesirable health issues‚ fast food joints are not to be blamed for children obesity because ultimately‚ the parent decides on where the family eats. An attempt to having
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Jer’Ebony Harris English Comp. I Nov 22‚ 2013 Fast Food and Why You Should Not Eat It This will be a detailed paper on why you should not eat fast food. I will be using the three classic appeals; logos‚ pathos‚ and ethos to build a persuasive argument. Here in America fast food restaurants have become popular‚ and as a result health problems are increasing. While it may be easier and convenient to buy fast food‚ it is not always a great health choice while trying to keep a healthy diet. There
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