Preview

The Identification of the Effects of Globalisation on the Fast-Food Industry

Powerful Essays
Open Document
Open Document
5384 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Identification of the Effects of Globalisation on the Fast-Food Industry
Oxford Brookes University

Research and Analysis Report

The identification of the effects of globalisation on the Fast-food Industry

By: Meekaal Ali

September 2001

Words 4850

Contents page no.

1. Introduction 3 2. Information Gathering 5 3. Identification and analysis of information 7 4. Conclusion 16

Appendix A- References and Bibliography 18
Appendix B- Fast-food Industry operating results 20
Appendix C- System wide Restaurants of McDonalds and TRICON Global 21
Appendix D- IT budget division of the Food and Beverage Industry 22

1. Introduction

1 Topic chosen and its context

This report will identify the impact of globalisation on the fast food industry. I will be looking at the factors that influence the industry as a whole and make special reference to Pakistan while exploring the Asian/Pacific economies. The aspect of globalisation will be mainly financial and economic though all factors will be taken into account while explaining the fast food phenomenon. I will identify the variables that have caused the expansion of fast food into becoming a multi billion-dollar industry over the last two decades and describe the implication of present and future technological developments.
The term Globalisation is normally used to describe the state of multi lateral economic relations in the world today. Globalisation can be defined as the ‘increasing internationalisation of the production, distribution and



References: Annual Report TRICON Global (2000) Available from: http://www.triconglobal.com [August 16th 2001] BPP (2000) ‘Management and Strategy’. Eighth edition, United Kingdom, BPP publishing Limited. Euro Monitor (2000) ‘Report Asia/Pacific’, Euro monitor plc. Available from: http://www.just-food.com [August 5, 2000] Fast food facts (2001) Available from: http://www.fastfoodlink.co.uk [August 15th 2001] Gohn, C. (2001) ‘Blending of Technology’, Available from: http://www.foodshow.com/%28VISITOR%29/news/technology.htm [August 15th 2001] Harris, R. G. (1993) ‘Globalisation, Trade and Income’, Canadian Journal of Economics (November). Hoover (2001) Available from: http://www.hoovers.com/industry/description/02205613000.html [August 15th 2001] John Wiley & Sons Inc (1996) ‘Ray Kroc, McDonald’s, And the Fast Food Industry’. Available from: http://www.wiley.com/products/subject/business/forbes/kroc.html [September 1st 2001] Joseph S. Nye, Jr. John D. Donahue (2000) Governance in a Globalizing World, Bookings Press. Purcell, S. (2001) ‘The power of branding’, Student Accountant (January) The Economist (2001) ‘The case for Brands’, September 8th, p9 TRICON Global (2001) Investor Fact Sheet. Available from: http://www.triconglobal.com [August 16th 2001] TRICON Global (2000) Press Release. Available from: http://www.triconglobal.com/news/2000.htm [August 20th 2001] McDonald’s Reports Global Results (2001). Available from: http://www.mcdonalds.com/corporate/investor/financialinfo/financials/index.htm [August 10th 2001] Muchhala, M. (2000) ‘Effective Report Writing’, Students Newsletter (August) Ramnawaz, R

You May Also Find These Documents Helpful

  • Satisfactory Essays

    According to the Organisation for Economic Cooperation and Development (OECD) globalisation is defined as: an increasing internationalization of markets for goods and services, the means of production, financial systems, competition, corporations, technology and industries.…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Introduction The fast food industry, and McDonald’s in particular, have come to be regarded as emblematic of a new global culture (Leidner, 2002, pg 8). McDonald’s operates in almost the same way wherever its stores are located. Ray Kroc, the founder of McDonald’s, emphasized that a standardized approach to food production and customer service is the key to commercial success (Love, 1995 p114). Some argue that McDonald’s is the reason there is a fast food industry (Love, 1995 p25-27).…

    • 2316 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Life in the Drive-thru Lane: A Look at the Impact of Fast Food on America…

    • 2003 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Contemporary World Culture Globalization of McDonalds Globalization has affected almost every aspect of life in most all countries around the world from economic to culture with the exchange of goods, services and ideas influencing cultural changes around the world. Food is an important element in defining culture and the globalization of McDonald’s is huge. Most people when they hear the name McDonald’s immediately think of America. Equating McDonald’s with America is sensible since they opened their first restaurant in America back in 1953 and over the years directly influenced American culture in a tremendous way. From the days of a child’s first words McDonalds naturally comes off their lips as a place they want to eat. McDonald’s terms such as super size me have influenced teen culture by making its way into slang. McDonalds is the cool place to eat while at the same time driving our fast past give it to me now American culture. McDonald’s made it easy for Americans to get what they want fast and move on with life. McDonald’s has and still is a strong expression of American culture.…

    • 304 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Fast Food Chains on Increasing Health Risks among Consumers ______________________________________________________________________ People nowadays are mostly seen munching there way at fast food restaurants during lunch breaks, snack time or even at dinner. A lot has relied on fast foods because it’s a quick and easy meal to grab on the go. But just how common fast foods are around the globe? Well, a research proves that fast food chains continue its explosive worldwide expansion. According to Addie Patrico, “There are around 3 million fast food chains all over the world and it has become a wide spread phenomenon worldwide. It’s not just some trend of the United States anymore. It has also evolved to Canada, Europe, Asia, and other places around the world”. (2011) This certainly leads us to believe that fast food chains have become the favorite dining spot of most individuals. One cannot also deny that both children and adults indulge in these unhealthy eating places not knowing what these can negatively bring to their lives, and most especially to their health.…

    • 1918 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    The advent of fast food has since then brought around issues and debates regarding health as well as a major shift in lifestyles, particularly in the United States of America, where it was born. But since the fast food franchises are widely globalized all over the World, the effects of fast food are bound to experience its effects to the shores of other countries as much as it has affected the American shores. (Schlosser, 1997)…

    • 2295 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Table of contents Pg. Executive Summary………………………………………………………………………… 2 Introduction…………………………………………………………………………………… 4 History of Bibliography: * Fast Food Industry Profile: The United Kingdom’ 2012, Fast Food Industry Profile: United Kingdom, pg 1-35, Business Source Premier, EBSCO host, viewed [25/11/2012]…

    • 2859 Words
    • 12 Pages
    Best Essays
  • Better Essays

    ~Fast food has never been an issue in the past since people could take their time and prepare food, but nowadays this is not the case.…

    • 1294 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    L'Oreal and Globalization

    • 1109 Words
    • 5 Pages

    2. Jones, G. (2010b). Globalization. In G. Jones & J. Zeitlin (Eds.), The Oxford handbook of business history…

    • 1109 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Content INTRODUCTION Globalization in short, points to the whole effort towards making the world global community as a one village. Goods that were only found in western countries can now be found across the globe. Now under developed areas can enjoy the benefits of scientific advances and industrial progress available in developed countries for the improvement and growth of their area. There are so many international businesses which are influenced by globalization, like Cadbury Nestle, Coke, Virgin, Tesco, Starbucks, KFC. Here, I will discuss about McDonalds having big fast- food chain in the whole world also how the global marketing environment has impact on it. I will describe it through PESTLE analysis where I will discuss some positive and negative effects. I will discuss the impact of global market environment on its shareholders, customers & competitors.…

    • 2711 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Industry The fast food industry seems to have a pull on all different types of people across the United States. To simply put it, for the average busy American it is fast, convenient, and easy. Not only does the fast food industry employ almost two million employees it also sells over $100 billion dollars worth of fast food every year (Naik, 2010). The above statement gives us a better picture of the impact the fast food industry has on the United States. Accordingly, we will begin to explore the following five restaurants individually: McDonald’s, Burger King, Wendy’s, Taco Bell, and Sonic. The next segment will give a small profile of each company describing each fast food restaurant.…

    • 3286 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    2 Introduction: This individual assignment will be assessed by means of a 3,000 word report. The assignment has been designed to allow you to develop and use your knowledge and skills in understanding key strategic issues relating to the global fast-food industry. You will be required to apply the strategic concepts and analytical techniques studied in this module. All the learning outcomes below will be assessed: 1. 2. 3. Ability to analyse the complexity of organisations and their environments Demonstrate an understanding of the complexity of the relationships between an organisation and its environment Ability to evaluate existing models against practices of real organisations…

    • 1422 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    McDonald Culture

    • 4984 Words
    • 20 Pages

    who assigned the topic wanted me to focus on Ray Kroc’s development of McDonald’s and the…

    • 4984 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Globalisation Notes

    • 1910 Words
    • 8 Pages

    Convergence Theories “Globalisation is the integration of product markets as a consequence of removing trade barriers; internationalisation of financial markets stimulated by deregulation restrictions on capital flows, cross-border spread of technological advances and transnational organisation of production by multinational companies”…

    • 1910 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    GLOBAL BRANDING McDonald’s

    • 5667 Words
    • 23 Pages

    Salisbury, Peter. (October 8, 2013). The Globalization of “Fast Food”. Behind the Brand: McDonald’s. In Global Research. Retrieved November 23, 2013, from http://www.globalresearch.ca/the-globalization-of-fast-food-behind-the-brand-mcdonald-s.…

    • 5667 Words
    • 23 Pages
    Powerful Essays