“Life Lessons Learned thru Fast Food” The benefits of getting a job in a fast food restaurant at an early age are that it helps you to become responsible‚ reliable and grows you socially. Working there is certainly not glamorous‚ but if you show up on time‚ work hard while you’re there‚ and treat your co-workers with respect‚ you’ll feel proud when you pick up your paycheck. An honest job done well is honorable no matter what the job is. Furthermore‚ for a high school student who wants to earn
Premium Adolescence Fast food restaurant Young adult
outline Eating Fast Food Introduction Relevance: You all have probably experienced fast food sometime throughout your life. Credibility: The first thing that comes to mind when mentioning fast food is greasy‚ oily‚ unhealthy garb‚ yet most of us consume junk food on a daily basis anyway. There are over 300‚000 different fast food restaurants in the US. People frequent them because of convenience (quick and usually cheap). In such a fast-paced society‚ people are eating more fast food than ever before
Premium Nutrition
FIVE FORCES Potential entrants‚ threat of entry: The furniture market is already highly competitive. The risk of new entrants is not extremely high because of the huge capital needed to start the business. Demand of household furniture is high. IKEA furnitures don’t have a such significant competitor but other areas like textile and kitchenware have. Alongside Kodin Ykkönen becomes one competitor as a full department store but it doesn’t compete in price. Buyers‚ bargaining power: Ikea
Premium Competition Home
Michael’s Porter’s five competitive forces in business Business is a form of system that exchanged services or goods with money. When we commence a business in Singapore‚ we have to invest in that business with efficient capital. Successful businesses enable us to gain profit and expand our business to a larger size. Therefore‚ there are a few principles that we must comply. The most basic principle would be the Michael Porter’s five competitive forces. Firstly‚ the most major force will be the rivalry
Premium Strategic management Management Marketing
"Issues Surrounding the Nation’s Slaughterhouses" In the book‚ Fast Food Nation‚ Eric Schlosser discusses the problems that the nation is facing with fast food restaurants. Schlosser wrote this book because he was concerned with where the fast food industry was taking America. He voices his concern about the children and their health regarding meat bacteria‚ and the fat content of the food. He also mentions how potato farmers‚ cattle ranchers‚ and chicken raisers are suffering from the industry
Premium Rwandan Genocide Genocide Rwanda
PORTER’S FIVE FORCES. BUYER’S POWER: - Nokia had been edged out by rivals in the smartphone market who launched new and better products which resulted to Customers shifting to android phones which resulted to Nokia reducing their selling price in order to increase the rate of sales but they lost in the rate of profitability and consumer loyalty. The customer power is high; nokia is focusing on the smartphone segment because it has the biggest margin in the industry‚ the consumers are increasing despite
Premium Smartphone Symbian OS Mobile phone
COMPETITION ANALYSIS Of MC DONALDS By Nihit Agarwal "Billions served." indeed. McDonald’s is the world’s #1 fast-food company by sales‚ with more than 30‚000 of its flagship restaurants serving burgers and fries in more than 100 countries” . Today‚ “McDonald’s operates over 31‚000 restaurants worldwide‚ employing more than 1.5 million people.” In terms of countries‚ it operates in more than 119 countries on six continents. 70% of the locations are run by franchises while the corporation
Premium Fast food Hamburger Pizza Hut
The most popular American fast food products are hamburgers‚ cheeseburgers‚ hot dogs and French fries. Fast food has become an important part of the American Food Culture for a long time. In fact‚ America is called a fast food country due to its strong fast food habits. According to some surveys‚ Americans spend more money on fast food than on education‚ new cars and computer software buying; 200 millions of Americans visit fast food restaurants weekly; nearly 90 percents of American children visit
Premium Nutrition Fast food Food
Five Forces Model (Highly Negative. Range from 1-5) Rivalry (3) 1. How many companies in industry? As Nike is an international company that has their product selling worldwide‚ they have countless of competitors‚ including many domestic local firm. However‚ not all of these companies have the power to compete with Nike‚ only a few international companies are Nike¡¦s major competitors‚ for instance‚ Adidas and Reebok. 2. How do they compete each other in term of 4P marketing strategy Product:
Premium Athletic shoe Nike, Inc. Michael Jordan
PORTERS The threat of potential new entrants (High) High capital required to enter into mobile industry which needed large investment on technology‚ distribution‚ service outlets and plant. Difficulty for customers in switching cost‚ when they are satisfied with their current product as well as difficultly for new entrants to have product differentiation because customers had already familiar with those established mobile companies‚ therefore new entrants have to spend a lot on branding and
Free Mobile phone Marketing Personal digital assistant