Pros and Cons of Fast Food Business Bryan Lee San Francisco State University The fast food industry has come a long way from its humble beginnings nearly a century ago. The first restaurant considered a fast food restaurant was called White Castle. White Castle was opened in 1921 in Wichita‚ Kansas by Billy Ingram. He opened it so that he could sell his slider-style burgers at a price of 5 cents per patty. White castle is in business today and its belief of selling
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which is describing the changes of consumer taste have made once-exotic foods like sushi and burritos everyday options. Many fast food customers are looking for healthier and better tasting food. Moreover‚ competitions has been coming from quick meals of all sorts that can be found in supermarkets‚ convenience stores and vending machines. Demographic - customers now working around theclock‚ expecting 24 hour access to fast food‚ how toplease range of customers from kids to contractors? Sociocultural
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has been a spike in the numbers of Americans becoming obese and fat along with a rise in the number of sugars in foods. Obesity seems to have become a normal thing in current day America and it must be put to an end for a healthier and improved lifestyle. If a plan isn’t put into effect the problem will only gain more weight and get larger. My proposal is to use fat people’s meat as a food and fuel source. It will help the United States more advanced and make America great again. 38% of adult Americans
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Date: 11/11/2012 Fast Food Contain Harmful Food Additives In America‚ fast food chains are a significant symbol of the American traditional food trends which expand widely and grow fast all over the world. Thus‚ a large number of Americans eat fast food as their daily diet. However‚ these tasty fast foods are highly processed foods which are filled with plenty of chemicals‚ additives and preservatives. By adding these additives and artificial flavorings into fast foods‚ so the food is attractive and
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Consumer Preference of McDonalds Over Other Fast Food Chains Introduction A Locally Owned Company : McDonald’s is the world’s leading food service retailer with more than 31‚000 restaurants in 119 countries serving more than 50 million customers each day. In India‚ McDonald’s is a joint-venture company managed by two Indians. While Amit Jatia‚ M.D. Hardcastle Restaurants Pvt. Ltd. owns and spearheads McDonalds in west & south India‚ McDonald’s restaurants in North & East India are
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Causes of the Popularity of Fast food Restaurants In the United States‚ the popularity of fast food restaurants is growing every day. Nowadays people can buy a whole meal in those restaurants for just three dollars. The fast food restaurants have been considered to have poor health benefits on the people who consume it regularly. American people consider that fast food restaurants make their life easy and uncomplicated. The popularity of this type of restaurants is increasing because
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Environmental Strategy Bipul Chandra Saha Brajesh Kumar Dhirendra Kumar G.B.Chandramouli G.V.Ramana Overview on McDonald’s History Started business in 1948 at California with single drive–in Restaurant Owned $13 billion of the $ 93 billion fast food industry in 1991 Operation of 12400 restaurants in 59 country till 1991 and serving 18 million people per day in US only Second best known global brand Known brand for formulating and implementing its strategy for being market leader Sales
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Buyer 15 Alternatives 16 Alternatives analyzed 16 Recommendation 17 Implementation 18 Conclusion 18 References 19 Introduction McDonald ’s Corporation is the world ’s largest chain of fast food restaurants‚ serving nearly 47 million customers daily through more than 31‚000 restaurants in 119 countries worldwide. McDonald’s sells various fast food items and soft drinks including‚ burgers‚ chicken‚ salads‚ fries‚ and ice cream. Many McDonald’s restaurants have included a playground for
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negotiate prices with fast food restaurants. However‚ there is a large degree of internal rivalry in the industry‚ with a very strong cross-price elasticity present in the industry. This encourages low prices due to a strong degree of substitution and gives consumers back some power. 2) To what extent do purchase prices differ from those that would prevail in a market with a large number of fragmented buyers in which buyers act as price takers? a. Answer- In the fast food industry‚ buyers are
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KENTUCKY FRIED CHICKEN AND THE GLOBAL FAST-FOOD INDUSTRY Background of the Study During the 1960s and 1970s‚ Kentucky Fried Chicken Corporation (KFC) pursued an aggressive strategy of restaurant expansion‚ quickly establishing itself as one of the first fast-food restaurant chains in the US. KFC was also one of the first U.S. -food restaurant chains to expand overseas. By 1990‚ restaurants located outside of the U.S. were generating over 50 percent of KFC’s total profits. By the end of
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