Customers are attracted to a business by many factors but the most important ones are product value‚ product suitability‚ and product function. The factors here that apply to McDonalds are mostly product value and maybe product suitability. Customers are bothered about how much McDonalds charge them for the burgers‚ because if McDonalds charge too high then people would not be attracted to McDonalds. E.g. a burger for $4. However‚ on contrast if you charge too low then people would think your product
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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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Pest Analysis Fast Food Retail Sector Introduction Political Factors McDonald’s food safety is of a very high-quality and is recognised as one of the best in the fast food retail sector. One of their main successes has been their training programme. They 1 train all of their staff before they begin work in one of their restaurants on all aspects of food quality‚ food safety and hygiene. This training‚ along with being made aware of the importance of cleanliness‚ continues throughout their
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Macdonald’s Industry: McDonalds is the leader of the industry with more than 33 500 restaurants serving nearly 68 million people in 119 countries each day. McDonalds‚ with headquarters in the United States‚ opened First store in 1940 by the McDonald brothers. The Industry is the Global Food Service. The Industry is at mature stage of its cycle in US. This is demonstrated by the low average growth rate about 4%-6%. * Combined annual revenue of about $120 billion * Industry is highly fragmented:
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SWOT analysis of McDonalds. Having one of the most favorite burgers in the world‚ McDonalds is a brand which will hardly be missed by anyone. The SWOT of Mcdonalds discusses the reasons that the firm has been able to achieve this height of fame‚ and why‚ be it breakfast‚ lunch or dinner‚ people may prefer the local McDonalds STRENGTH Brand Equity…world-wide 42% of US fast-food hamburger business Consistency of food Successful items: Fries‚ Happy Meal‚ Big Mac‚ Egg McMuffin‚ Promotions Overseas
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Fast Food Currently‚ most of the people depend on fast food which is easily accessible rather than cooking food at home which is a time consuming task. Fast food is the most popular food in America. Does fast food proves to be a healthy option for a daily purpose? Is fast food healthy? Being an argumentative topic this term “fast food” comes up with many questions. Fast food is a quick way of filling up your stomach but it is followed by many unknown and known disadvantages. As a peek in the
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which can have influence on fast food 2 3 Analyzing cultural elements influence 3 3.1 Languages 3 3.2 Eating habits 4 3.3 Customs 5 3.3.1 Religions 5 3.3.2 Traditional festivals 6 4 Marketing strategies for influences of cultural elements 7 4.1 Respecting culture 7 4.2 Using culture 7 5 Conclusions 9 Reference 10 Bibliography 11 List of illustrations Figure1 Elements of culture………………………………………………………….2 Chart 1 Why Chinese Consumers Choose Western-Style Fast Food Restaurants
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The taste of food is affective to your feeling and health. Because it is very importance for life‚ you need it every times. Knowing how to make your food taste good is very necessary for wife houses and worker‚ especially‚ for general people. For my idea‚ there are three thing can make your food taste good. They are ingredients‚ your favorite and your feeling. Food can be cooked in differences tastes by using ingredients for cooking. Moreover‚ ingredients are used to help you to cook tasty food
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Naturally‚ Filipinos are known food lovers‚ and they satisfied this kind of indulgence by looking for some variety of food that seems usual to their taste. This is the way how they relieve themselves from stress and exhaustion of both body and mind resulted from their everyday responsibilities; exhaustion that every food companies are trying to exploit by bringing out latest kind of recipe that will surely captivate the taste of many Filipinos. For example‚ Mang Inasal Food Corporation launched its new
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The Fast Food Industry: Positioning and Competitive Advantage INTRODUCTION The fast food industry is an ever growing industry regardless of the concerns from many about the health and obesity risks. Despite these risks associated with fast food consumers continue to return indicating there is a high level of competition amongst several members of this industry. This paper will examine and discuss the five following major fast food restaurant chains: McDonald’s‚ Burger King‚ Wendy’s‚ Taco Bell‚
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