Threat of new entrants: The threat of new entrants is high. The major barriers for a startup to enter the industry are the economies of scale and the distribution channels necessary to be profitable. Due to the relatively little differentiation among companies in the industry, customers tend to visit the closest and most convenient store instead of sticking to a particular one, which makes wide distribution of the business quite essential for the fast food restaurants. Threat of substitutes: The threat of substitutes is also high. Firms in the fast food industry and home meal replacements have to continuously innovate to maintain various product differentiations and high quality of food and service in order to stand out against competitors.
This responsibility also needs to be the leading factor in the lawsuits that are being filed against fast food companies because of childhood obesity. We are all aware of the health risks associated with eating these kind of meals and although children are left with little choice at times as to what to prepare themselves for breakfast, lunch or dinner, there are healthier alternatives for preparing meals which are also cheaper to purchase than fast food. With all the information available on the Internet, brochures at fast food restaurants and other nutrition tips at these establishments we need to hold ourselves responsible for our health and stop blaming the fast food
I agree with Zinczenko on his critical viewpoint on how he looks at the fast food industry. Fast food is part of the blame because most of them are not healthy and are bad for consumers. The calories of a Big Mac, medium fry, and a medium Coke are almost equivalent to the daily intake of these industry’s consumers. Zinczenko uses the analogy of a simple salad we would assume is healthy. Our fast food industry needs to provide these nutritional facts in easy reach for their customers.
Being a fine foods store that specializes in foods that do not use any type of preservatives there will always be a problem with waste. To help curb this problem I propose implementing a system that allows Kathy to forecast sales by using data from previous years. This new system will not completely solve the problems with throwing away food but, it will help Kathy forecast what she needs and will help to ensure that she does not order more than necessary. The second issue which is the high-payroll problem is a little more difficult to deal with. A possible way to help compensate for these high salary positions is to allow other employees to train with the current butcher, baker, and wine
In addition, Brownlee claims that the reason of fast-food restaurants work is by marketing. She provides the enough evidence to believe that advertisers try to persuade the society in order to make people go to eat at the fast-food restaurants. Furthermore, Brownlee asserts that even if restaurants provide more food for less money, they still making an appropriate profit. Additionally, she addresses the fact that the society prefers upgrade their meals just for a few extra cents, but the Americans do not realize they are earning more calories than they should consume. She argues that companies are the only responsible for people becoming obese because they provide a lot of food just for a little of money probably because companies have found out that big meals produce big profits.
M2 Disadvantages Marketing research is used to find out ways of how a business can improve in different ways, McDonalds use primary research to find out why and how they should improve which there are disadvantages to. Observation Observation is when a company observes how customers shop or observe a competitor to keep up to date McDonalds may observe Burger King to see if they are doing something new. The Disadvantages for McDonalds could be- * Observing people takes allot of time and does not always get good information to help a company to improve. * Also observing other companies costs and sometimes the company can say they do not want to be observed. Experimentation Experimentation is bringing out new products or something
This means that they need different types of nutrition’s. For example since their metabolism tend to burn the food faster they need some type of heavy food but not too heavy so soon their metabolism won’t be able to break it down; which will cause them to gain weight. Pollan does point out in his book how fast food is not very healthy and how it is a poor quality of food. I am here to correct what he said towards fast food. Fast food can be good for you if you eat the fast food correctly.
P America’s Obesity Crisis Obesity has plagued America. Poor food choices and sedentary lifestyles are two accelerants which continue to fuel this fire. I view this as a lack of responsibility of ones self. As adults, we need to be held accountable for the choices we make. While fast food is convenient and sometimes even more affordable than preparing a meal at home, overindulgence in such behavior is directly linked to adverse health problems.
In his article,” In defense of food “: Michael Pollen established “what is food” and why do American’s eat nonfood in such large quantities?” Definitely, I’m agree about food labels do provide enough information for consumers to make an informed choice about what to feed their bodies. However consumers do not pay attention of the food labels because they do not really know about it as long it’s delicious. Surely, most food provides food labels because it is a
We could even lower the cost of health care in the future as well. Unhealthy eating habits contribute to health problems such as diabetes, Madden 3 Obesity and heart problems. The eating habits that cause these problems are our negligence in every way and we must control them at all costs. We have to hold ourselves accountable rather than blaming some fast food place and take control of our lives. We can’t sue Wal Mart for selling us an unlimited amount of chocolates, so why can we consider suing due to the fact that we have consumed too many calories from a meal we purchased at some fast food establishment?