Wednesday, December 25, 2019
Wendy s The Third Largest Fast Food Company - 1737 Words
Introduction Wendyââ¬â¢s is the third largest fast-food company in the United States. They are one of the most successful and profitable hamburger stores in the world. Through this, the industry is in a quagmire. One company is going to break through and develop a technique in which they will be able to limit the expenses and increase profit margin while adding stores. The company hat is able to develop this first will be able to control the fast-food industry. Wendyââ¬â¢s has the ability to do it by acknowledging and planning to take advantage of their opportunities and attacking their threats head on. Political An opportunity for Wendyââ¬â¢s to grow would be economic integration and alliances. What they have done in the past is to integrate and for alliances with other companies outside the United Sates. Tim Horton which is one of their subsidiaries formed an alliance with IAWS group to build a state of the art bakery in order to produce the product they need. Through this, they were able t share the expense and gain from the profits they are making. Another big opportunity for them is to expand into major markets that are stable. Currently, they have very few stores that are in Europe which is strategically placed. They have settled their 6,500 stores in locations that have a lower income. This results in the increase of sales because the lower the income the more propensity the people have to eat fast food. The biggest threat that is facing the company in regardsShow MoreRelatedPrivacy : The Legal, Legitimate Government Of A State And Is So Recognized By Other States1920 Words à |à 8 Pagesorganization is immune from requiring information privacy protection. Laws concerning ââ¬Å"information security, privacy, cashless payments and consumer credit, protection and fraudâ⬠(Burger King Worldwide, Inc., Form 10-K, 2014) correspondingly control fast food franchises such as McDonaldââ¬â¢s, Wendyââ¬â¢s, and Burger King. Technology is rapidly developing daily, and, likewise, growing increasingly sophisticated. More personal information is composed, warehoused, and bartered. Amassing customersââ¬â¢ personal informationRead MoreBurger King International1296 Words à |à 6 PagesBurger King International MBA 6601 International Business By Wendy B. Machana Burger King International Burger King, previously known as InstaBurger King in 1954, is the worldââ¬â¢s largest flame-broiled fast food restaurant chain (Daniels, Radebaugh Sullivan, 2011). Burger Kings core competency lays in the way it cooks its burgers- by its flame broiled method as opposed to grills that fry and also the option that it offers its customers as to how they want their burgers (ââ¬Å"haveRead More Sonic Drive-In Restaurant Essay examples1123 Words à |à 5 Pages The fast-food industry is changing everyday. There are new products being introduced in the market and new slogans being created. The companies in the fast-food industry will do their best to make the greater burger, and to make bigger and better fries. Founded in 1953, Sonic has become the largest drive-in chain in the nation. Sonic was founded by Troy Smith, Jr. in Shawnee, Oklahoma. His dream was to own his own business. Sonic Drive-In keeps the 1950s alive through its chain ofRead MoreSwot Analysis of Mcdonalds vs. Burger King1445 Words à |à 6 Pagesdecade. Then America s tastes began to change, and the Golden Arches changed with them. As cars lost some of their romance, indoor restaurants took over. When adults became bored with the menu in the 1960s, a new sandwich called the Big Mac wooed them back. As consumers grew weary of beef, McDonald s introduced bite-size chunks of chicken in the early 80s and within four years was the nation s second-largest poultry seller. The changes were vital, but never radical. McDonald s gave us what we wantedRead MoreKentucky Fried Chicken and the Global Fast-Food Industry Essay3611 Words à |à 15 Pagesand the Global Fast-Food Industry Case Analysis 1.0 Source Problem The change in demographic trends in the past two decades has seen an overall increase in costs for KFC and other fast food chains. Due to immense price competition and saturation of the US market, KFC is unable to raise its prices to cover the increased costs. The slower US population growth rate, oversupply of fast food chains and the minuscule 1% growth in the US restaurant industry per year has resulted in KFCà ¡Ã ¦s focus on expansionRead MoreThe Fast Food Industry: Positioning and Competitive Advantage3275 Words à |à 14 PagesThe 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: McDonaldââ¬â¢s, Burger King, Wendyââ¬â¢s, Taco Bell,Read MoreThe Impact Of Mission, Vision And Stakeholders2153 Words à |à 9 PagesImpact of Mission, Vision and Stakeholders The publicly traded company of choice is McDonaldââ¬â¢s Corporation that falls in the food industry; it is an international leader in the fast food sector. The franchise is the worldââ¬â¢s largest fast food entity a factor that serves it competitively in the market against other players in the same industry. The corporation serves nearly forty seven million customers worldwide on a daily basis with its primary focus being the sale of the hamburgers, soft drinksRead MoreWendys Analysis6324 Words à |à 26 PagesWendyââ¬â¢s historically has fared very well within the fast-food industry; they have led or been the front runners in a number of key areas that are of extreme importance to customers. However, while Wendyââ¬â¢s has excelled since inception and been a key member in the big four of the fast-food industry inclusive of Wendyââ¬â¢s, McDonalds, Burger King, and YUM Brands, there are a number of areaââ¬â¢s that Wendyââ¬â¢s could improved upon and areas of fo cus the company should examine more deeply in order to create strongerRead MoreKfc : The Largest Restaurant Company2421 Words à |à 10 PagesINTRODUCTION Yum! Brands is the largest restaurant company in the world. It owns of three of the titans of the fast-food world: KFC, Taco Bell, and Pizza Hut. Millions of people all over the world have enjoyed the delicious and convenient foods this triumvirate offers. If fast food was kaigu eiga, Yum! Brands is Ghidorah, the Three-Headed Monster. With a 2014 revenue of just over 13 billion dollars1, Yum! Brands is indisputably a rock-solid part of life in Western Civilization. (For ease, thisRead More Wal-Mart Supply Chain Management Essay2316 Words à |à 10 PagesRetail super-giant Wal-Mart has fought its way to becoming the worlds largest company. Much of their success can be attributed to providing a vast assortment of products at exceptional prices all under one roof. Wal-Mart began operations in 1964 and has since become the world leader in retail. Today, Wal-Mart is visited by 138 million customers per week at their 4,750 stores. Wal-Mart operates under four basic rules in order to satisfy such a large number of customers: Respect the individual
Tuesday, December 17, 2019
A New Product Line Of All Organic Dog Food - 2253 Words
For this assignment, I would like to discuss and market a new product line of all organic dog food. My product will be called ââ¬Å"Canineââ¬â¢s Healthy Dietâ⬠, it will have the slogan ââ¬Å" . Rich in natural vitamins, minerals, essential healthy fats and easy digestion with no harsh chemicals are appeals for the consumer to move towards an all-natural organic pet food for their furry, four legged loved ones. Pets require a very specific balance of key nutrients in order to lead happy, healthy lives, said Dr. Jennifer Coates, a practicing veterinarian and pet MD Spokesperson. What may surprise many dog owners is that carbohydrates should make up around half of a dog s daily diet. Like they do for people, complex carbohydrates give pets energy, makeâ⬠¦show more contentâ⬠¦Ã¢â¬Å"New York City market research Company Packaged Facts says total pet food sales are projected to reach $24.7 billion by 2017. Sales of premium pet food (anything priced 10 percent above pet f ood overall) was 42 percent of total sales in 2012. Its share is expanding, says Packaged Facts, because of robust growth in the super-premium category. Dogs in particular are getting pampered the most. Premium dog food including pricey organic offerings and never-frozen meals has grown by nearly 170 percent over the past 15 years, according to Euro monitor, topping the market for medium- and low-priced varieties combined. Back in 1999, the most expensive dog chow accounted for 36 percent of the market, and now itââ¬â¢s 57 percent, or more than $6.5 billion a yearâ⬠(http://abcnews.go.com). Marketing Mix Product I recommend that our product be all natural organic ingredients, rich in natural vitamins, minerals, essential healthy fats for easy digestion. ââ¬Å"Essential nutrients are those required by the animal that either cannot be synthesized by the body or cannot be synthesized in adequate amounts for good health. Essential nutrients are supplied by complete, balanced nutrition. Dogs require about 40 essential nutrients, each in the right form and in the right amount to deliver complete nutritionâ⬠(Waltham, pg. 6). Our product should include an all-natural protein source as our man ingredients; being all natural lamb, chicken or beef, a starch source (which is ourShow MoreRelatedGeneral Mills BCG Matrix Essay1214 Words à |à 5 Pagesthe food industry, however, they are more famously known for their individual brands. Their primary brands include Cheerios, Nature Valley, Pillsbury, Green Giant, Old El Paso, Hamburger Helper, Betty Crocker and Yoplait (General Mills Canada). When these brands are organized into different categories, General Millsââ¬â¢ product mix is the result. Taken right from General Mills Canada website and how they organize their brands for consumer friendliness, their product mix includes: baking products, cerealsRead MoreEssay about Organic Pet Food Marketing Plan4702 Words à |à 19 PagesOrganic Pet Food Marketing Plan September 14, 2007 NAICS Industry Code: Dog and Cat Manufacturing 311111 Abstract: This marketing plan provides a plan for entering the organic pet food product as an existing producer of non-organic pet foods based current market conditions and trends following several high profile food safety recalls and alerts, particularly the Melamine-related deaths from pet food imported from China. The pet food industry has experienced enormousRead MoreCase Study : Pet Food Warehouse1289 Words à |à 6 Pages Company Background PetSmart was founded in 1986 and 1987 at first it was called Pet Food Warehouse in Arizona by Jim and Janice Dougherty. By 1988 they had a total of seven stores and were helping animal welfare groups, by holding fundraisers and events. In 1989 they changed their name from Pet Food Warehouse to PETsMARTà ® and opened the first grooming salons and small pet department. In 1992 the 50th store was opened along with the adoption center and animal clinic. In 1993,Read MoreKentucky Fried Chicken: The Colonels Way Essay1692 Words à |à 7 Pagesenvironment can affect the way a business communicates to its customers. It can also improve the quality of service and product that consumers are purchasing. In India, science and technology has been a part of their culture since the being of times. In order for companies to stay competitive, they must constantly evaluate the way they conduct business in areas such as product promotion and customer distribution. In order to keep track of custom ers and their habits, data collection is becomingRead MoreBuilding A Sustainable Plan For A Business Model870 Words à |à 4 Pagestriple bottom line method, process improvement, economic development, and giving back (altruism), as well as, build a sustainable plan for a company that had not implemented one in the past and is failing to accept any environmental responsibility. Beginning with the triple bottom line approach, we see this phenomenon discards the notion of top-line revenue/bottom-line profit and loss, we see companies are responsible for three bottom lines: people, planet and profit. Triple bottom line companiesRead MoreNestle Swot Analysis1652 Words à |à 7 Pages Opportunities and Threats. SWOT analysis on nestle About organization Nestle is the world largest leading food and nutrition producing and processing company. Nestle have business with almost all country around the world. In the food and nutrition sector nestle is the market leader. Year 1960, Henri Nestlà ©s starts to establish a company that can produce good healthy food and nutrition for the children and their mother. (history, nestle.com).Nestle is a strategy focused organization. WhenRead MoreTechnology and Organizational Structure1744 Words à |à 7 Pagesas Frederick Taylor, Henri Fayol, and Max Weber ((Dristelzweig amp; Droege, n.d.). These early pioneers were very different thinkers in terms of their principles to determine how to structure organizations for maximum productivity. However, they all had a common view that it was like a machine and that power was in the position, not in the individual holding the position; clearly a vertical bureaucratic structural hierarchy ((Dristelzweig amp; Droege, n.d.). This ââ¬Ëone best wayââ¬â¢ mindset graduallyRead MoreAnimal Welfare And Relative Welfare4014 Words à |à 17 Pages Organic Animal Welfare By Jason Hubing University of Wisconsin River Falls ANSC 115 Animal Welfare Dr. Kurt Vogel Scientific Journal Report #2 12/16/2014 Introduction Much can be said about animal welfare, many aspects are relatively new. New topics and avenues of potential research are constantly surfacing. For starters, one idea Iââ¬â¢m going to attempt to tackle is an ethical one. Subjective at best in my opinion, it usually doesnââ¬â¢t warrant serious scientific research. TheRead MoreOne Of The Largest Mergers Of 2015 Was The Merger Of The1364 Words à |à 6 Pagesthe companies Kraft and Heinz. The primary shareholders of Heinz - 3G Capital and Berkshire Hathaway, own about 51% of the total shares of the new company while Kraft owns the remaining shares. The merger of these two food giants, collectively known as The Kraft Heinz Company (KHC) was finalized at a whopping sum of $45 billion making it the third largest food and beverage company in North America. The company is co-headquartered in both Pittsburg and Chicago to help retain its relationship with theirRead MorePortfolio Analysis : Strategic Planning2102 Words à |à 9 Pages to analyze the specific products, investments or services (now written as aspects) a company currently has in its portfolio. Usually view by strategic business unit or product line, the tool can provide great value during the strategic planning phase. A great approach in making strategic decisions on the viability of certain aspects of the business, it can spell out profitability, longevity, rate of growth, risk, usage and potential. It does not work as the end all be all answer in making strategic
Monday, December 9, 2019
Corporate Rivalry and Market Power â⬠Free Samples to Students
Question: Discuss about the Corporate Rivalry and Market Power. Answer: Introduction: The aviation industry is highly competitive and creates the need for industry players to adopt effective strategies to remain competitive and achieve the desired objectives. With the rise in the number of airlines, competition continues to grow to create the need for airlines to establish strategic positions to achieve their overall objectives (Abeyratne, 2014). Focusing on customer service quality is one of the key aspects of the aviation industry that significantly helps retain and attract new customers as well as effectively addressing competition problems (Tsiakis, 2015). NZIA is also a low-cost carrier based in Auckland and operates scheduled passenger services using 10 leased Airbus A330-200 aircraft which has an all-economy cabin configuration. The case demonstrates that the airline is not a full-service network carrier increasing the possibility of experiencing competition in the market; hence the need to create a new strategic focus and strategic positioning to expand the cu rrent routes and product offering to achieve profits and market optimization (Bruce, 2011). The situational analysis of NZIA presents understanding on the strategic objective of the airline, the fleet, and network coverage to enhance understanding of the competitive position and the given routes. Besides, the situational analysis will focus on the future route opportunities for the airline which can help in the long-term performance or success of the organization as well as the market trends and products. NZIA Strategic Objective According to the case, NZIA is not a full-service network carrier which is one of the key aspect limiting its ability to maximize profits or success in the industry. As such, the strategic objective of the airline involves becoming a full-service network carrier which involves focusing on increased passenger flights rather than the scheduled only. The strategic objective is also based on expanding the existing routes in order to position the airline in the competitive industry. The strategic objective is based on enhancing the ability of the airline to optimize new market opportunities as well as increasing the company's profitability. Additionally, the strategic objective will see the company expand its routes and product offering in order to increase the overall number of passengers and gain a competitive position in the market (Mahadevan, 2009). According to the case scenario, NZIA is a low-cost carrier and has been previously based on operating scheduled passenger services which limited their fleet number and network. Currently, NZIA provides its passenger services using 10 leased Airbus A330-200 aircraft which has an all-economy cabin configuration and a capacity of 260 seats. The airline's network in both domestic and international routes involves Auckland-Sydney, Christchurch-Sydney, Auckland-Cook Islands, Auckland-Nadi, Auckland-Noumea, Wellington-Sydney, and Auckland-Wellington-Christchurch. The fleet and network for the airline are limited based on the idea that the company only operated as scheduled passenger services. However, in the achievement of the new strategic objective, the airline is bound to increase the fleet number in order to meet the growing demand and competition in the market as well as achieve the desired profits. The airline must also expand the network cover to enhance the chances of serving passen gers from different areas as well as maximizing the profits. Competition on Given Routes As earlier identified, the aviation industry is one of the most competitive which creates the need for airlines to have unique services of product offerings to meet the competing demands. Competition is a key challenge that will be experienced by NZIA in given routes owing to the existence of other key players in the industry (Ireland, Hoskisson Hitt, 2012). In this regard, NZIA should adopt product differentiation strategy and service quality in order to address the competing demands as well as achieve the desired objectives (Odoni, 2015). For example, NZIA can provide pre-flight and in-flight services to enhance the passenger's experience as well as satisfaction which can significantly help address the competing demands. NZIA can also introduce in-flight entertainment, seat configuration and menu's which also play a significant role in improving customer experience and retention with the company. NZIA operates in routes with key competitors which creates the need to perform a market survey prior to establishing new routes in order to enhance the returns on investments. The company can also focus on less competitive markets or routes in order to enhance the chances of achieving its objectives (Couto, Plansky Caglar, 2017). One of the key parts of achieving the strategic objective of the company involves the acquisition of a new fleet of 20 Boeing B787-8 or Boeing B787-9 which are critical and significantly used by competitors. Adding the fleet enhances NZIA ability to carry a large number of passengers and load as well as expand its network as well as enhancing the airline's product offering. NZIA improved fleet enhances the ability to compete on any new routes in terms of load and destination as well as the frequency of the travel in all the destinations. The intended additional aircraft empowers the airline to achieve its strategic objective as well as manage competition fr om new and existing players. Additionally, the idea that, the company is not relatively presenting the notion that its experienced in the market and have improved abilities to achieve its objectives in the expanded network and increase profitability (Papatheodorou, 2006). NZIA has key growth opportunities primarily by expanding its routes which enhances the chances of achieving its strategic objectives as well as managing competition. The increase in the fleet number and expansion of the product offering by the company enhances the chances of growth. Some of the future route opportunities that can help NZIA achieve its strategic objectives include Auckland-Hong kong (9142.68 km), Auckland-Singapore (8420 km), Auckland- Los Angeles (10,477 km), Auckland-Kuala Lumpur which would be achieved by a partnership with other regional airlines to help in achieving the objectives. Other key future route opportunities for the company includes Auckland- Beijing (10,386 km), Auckland- Delhi (12,843 km), Auckland Tokyo, and Auckland-Seoul. Achieving success in the future route opportunities is also dependent on a widespread partnership with airlines from different regions to enhance the ability of NZIA effectively reaching its desired destinations. Additionally, th e airline is expected to change its transit airport which is based in Auckland in order to enhance its capacity to serve passengers from different regions as well as reduce the operational costs while enhancing the returns on investments. Market Trends Products The current market trends and products demonstrate key aspects of differentiation while the trends involve the rise of technology in the industry. NZIA is expected to adopt the new trends in the industry in order to effectively meet passenger needs and satisfaction. One of the key issues that are critical to the success of the airlines involves the ability to achieve customer satisfaction which enhances the ability of the airlines to retain and attract more customers (Pycraft, 2000). In order to remain relevant, NZIA is expected to be flexible to the market trends such as the inclusion of online booking, demand in luxury services or provision of charter services. In regards to product, NZIA can improve its product offerings to enhance the passenger's experience and satisfaction in the airline. NZIA can focus on in-flight services for all passengers irrespective of their class of travel, providing regular offers and reward programs. The current market trend in the aviation industry in volves outsourcing services which promote the chances of airlines reducing their operational costs as well as enhancing their efficiency (Young, 2009). For example, NZIA can outsource services such as maintenance or flight booking which enhances the chances of the airline focusing on service provision to customers only thus improved chances of customer satisfaction. The consideration of current market trends and products promotes the ability of the airlines to achieve growth in existing and new markets due to the adoption of the market-focused business model. The aviation industry in Australia is also estimated to have grown by a significant percentage since 2005. The graph presents the growth in revenues demonstrating the market trend and opportunities for NZIA. In 2009 the revenues were around $9.7 Bn where $5.9 billion were from domestic flights while $3.8 billion resulted from export activities. By 2016, the industry trend demonstrated growth to $12Bn-$16 Bn. The graph demonstrates the demand and total earning which has improved over the years creating the need for NZIA to engage in full service carrier. The second figure demonstrates the growth in domestic travel which demonstrates key opportunities for NZIA in the market. References Abeyratne, R. I. R. 2014.Aviation and climate change: In search of a global market based measure. Cham: Springer Bruce, P. J. 2011.Understanding decision-making processes in airline operations control. Farnham, Surrey, England: Ashgate. Couto, V., Plansky, J., Caglar, D. 2017.Fit for growth: A guide to strategic cost cutting, restructuring, and renewal. Ireland, R. D., Hoskisson, R. E., Hitt, M. A. 2012.Understanding business strategy: Concepts plus. Mason, OH: South-Western Cengage Learning.p Mahadevan, B. 2009.Operations management: Theory and practice. New Delhi: Published by Dorling Kindersley (India), licensees of Pearson Education in South Asia. Odoni, A. 2015.The global airline industry. John Wiley Sons Inc. Papatheodorou, A. 2006.Corporate rivalry and market power: Competition issues in the tourism industry. London [u.a.: Tauris. Pycraft, M. 2000.Operations management. Cape Town: Pearson Education South Africa. Tsiakis, T. 2015.Trends and innovations in marketing information systems. Hershey, PA : Information Science Reference. Young, S. T. 2009.Essentials of operations management. Thousand Oaks: Sage Publications.
Sunday, December 1, 2019
The feasibility of kamias and chili as mosquito killer free essay sample
Background of the Study: This study is done by the researcher to give importance to the chili and kamias fruit. Not just in food, butthe researcher wanted to produce a mosquito killer out of them. For all we know that chili has beentested and proven to be the one good ingredient in mosquito killer making and what if it is added by theacidic property of kamias fruit? The researcher wanted to know the effect of the combined property of each fruit. Statement of the Problem: This study aims to determine the effect of the said mosquito killer (chili and kamias). Especially it willanswer the following questions:1) Does the said mosquito killer (chili and kamias) is cheaper than the commercial ones. 2) Will this mosquito killer (chili and kamias) can affect the health/kill the person who accidentally tookit. Hypothesis: 1)This mosquito killer (chili and kamias) is cheaper than the commercial ones because thematerials/ingredients used to produce this is cheap and are abundant in tropical countries like thePhilippines. We will write a custom essay sample on The feasibility of kamias and chili as mosquito killer or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 2) Side effects will occur if accidentally taken by anyone. Significance of the Study: The said mosquito killer (chili and kamias) was made to compete to the commercial ones which wereexpensive. And help our country, for we have plenty of chili and kamias. Definition of Terms: antiscorbutic-a remedy for scurvy poisonous-toxic or venomous; harmful; having the qualities or effects of poison Scope and Limitations: If this study is already done, not only the poor ones can use it, also the rich ones. Not just because its cheaper but also on its effectiveness. Methodology: Materials: ? kilo of kamias fruit 1 ? kilo of chili Mortar and pestle Kettle Gas stove Product container Procedure: 1. )Collect and prepare all the materials needed. 2. ) Then pound the kamias and chili separately and get thei extracts. 3. )After pounding the kamias and the chili, boil the extracts separately for five mins. 4. )Then mix them and pour them inside the container. Review of related literature: In the past chili was used only as spices because of its taste. Later on, it was discovered as a good mosquito killer because of its pesticidal property. While kamias, was also used in spices before. Later on, it was discovered that it has properties such as refrigerant and antiscorbutic. Some are having kamias as wine but in this study we want to test the properties of the kamias fruit together with the child
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