Huge Profits and Salaries for the Owners In order to best maximize their profits‚ the big fast food giant ’s created the franchise system. This system allows the companies to maintain overall control of the product‚ and give them a guaranteed rate of return‚ while at the same time allowing local owners to create a low-wage work force best suited to local conditions. For us‚ as workers‚ that means our immediate employers are often small business owners‚ and franchise owners who plead poverty when
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What is fast food and why is it so popular? Fast food refers to food that can be prepared and served quickly. Fast food restaurants usually have a walk up counter or drive-thru window where you order and pick up your food. Fast food restaurants are popular because they serve filling foods that taste good and don ’t cost a lot of money. However‚ fast food is usually cheap because it ’s often made with cheaper ingredients such as high fat meat‚ refined grains‚ and added sugar and fats‚ instead
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A report: Health food restaurant in Toledo Introduction The aim of this report is to outline one of the health food restaurants in Toledo. Some information was collected during a meeting with some of my former workmates. Where the restaurant is The Parador is 4 km from the centre of Toledo‚ located on Emperador Hill on the Cobisa Road. Although the restaurant is indicated by traffic signs‚ the majority of travellers report that they needed to ask for information because of the difficulty to arrive
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Zoë Zwinkels 7-7B 2014-02-28 Fast food- persuasive essay Imagine a world full of fast food restaurants. No more needs for salad‚ just hamburgers and fries. We aren’t at this point but we are going there with the fact that the amount of fast food restaurants went up with 300% the past few years. The amount of obese children has gone up‚ unlike their life span which is going down with every visit to the McDonald’s or the Burger King. Kids aren’t realizing what they are eating‚ and what they should
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Chapter 3 Management and Organization Evaluation This chapter presents the management and organization evaluation which composes of the form of business organization‚ organizational structure‚ personnel qualification‚ personnel duties and responsibilities and personnel salary structure. 3.1 Form of Business Organization The company operates as a small scale single proprietorship and is manned primarily by 20 regular employees. Contractual staff is hired depending on the volume of demand for
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Essay Fast Food Popularity in China Student’s Name: ******* Student ID #: ********* Teacher: ********* Due Date: 23 May 2013 Word count: 615 Question: Examine the reasons for the popularity of fast food restaurants in your country. When‚ why‚ and how have these restaurants become so popular? (Cause) Demonstrate the impact of this popularity on your country’s culture‚ i.e.‚ food‚ health‚ economy‚ lifestyle. (Effect) You will need to do some research on the fast food chains
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popularity of fast food. In recent years‚ there have been many studies conducted on fast food. According to the results of these studies‚ fast food has become an indispensible part of human life and has become quite popular. There are numerous reasons for the popularity of fast food restaurants among which the two most important ones are that they are cheap and easily available. To begin with‚ one of the most significant reasons why many people today opt for fast food restaurants is that fast food
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and more international companies focus their global marketing strategies on the developing countries. This report will discuss the representative American fast food industry such as KFC and McDonald’s sets their successful global strategies in China and brings the changes of American fast food culture with Chinese characteristic. Chinese fast food market: The economic reform opened China market to the outside world and improved the standard of living of average Chinese people. In late 1978 china began
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Affecting Popularity on the Marketing Aspects of Leading Food Chains in Marikina City Chapter I THE PROBLEM AND ITS BACKGROUND This chapter contains the overview of the research problem and the factors that lead to the conceptualization of the problem and justification for considering the chosen topic as a problem for research. The researchers’ motivation in this study in knowing the reasons and information that leads popularity in same food chains in Marikina city. The purpose of the study is to
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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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