Wednesday, January 1, 2020

Fast Food - 1915 Words

1. Executive Summary This report provides an analysis of the international marketing environment of fast- food industry in US and evaluates the international marketing activities of McDonald’s, which is considered a key player. Firstly, the PEST framework is used to analyse external environmental factors influencing the industry. The Porter’s Five Forces framework is utilised to analyse the competitive rivalry within the industry, and its attractiveness for potential new entrants. Key players and their positioning was identified using a strategic-groups model, mapping brand value against global presence. Based on the industry analysis, McDonald’s was identified as the market leader and an examination of their market entry modes was†¦show more content†¦For example, McDonald’s is the 9th most ‘liked’ brand on Facebook (CNBC, 2012) (Appendix 1). Additionally, digital displays allow outlets to change their menus efficiently, to suit the time of day (NRA, 2012) and self-service ordering points have increased service speed and reduced labour costs. Environmental Environmental lobbyists and governments are pressuring the fast-food firms to become more ‘green’ (Greenpeace, 2012). Rainforests are being destroyed to increase the area of land for beef production to meet the demand for beef-burgers (Kline, 2007). Recycling is a prominent global issue and in response, McDonald s adopted recyclable packaging. Increased environmental awareness among consumers provides firms with a significant opportunity to position themselves as ‘green’ to garner customer loyalty (National Pollution Prevention Centre for Higher Education, 1995). Legal Global operators must comply with country-specific regulations and legislation. This includes opening hours, taxation and employment regulations such as the National Minimum Wage Regulations (1999) in the UK. Firms are often required to meet national food standards such as the requirements set out by the US Food and Drug Administration (FDA). Furthermore, authorities are becoming increasingly worried about childhood obesity associated with the industry (WHO, 2012) and have tightenedShow MoreRelatedFast Foods And Fast Food Restaurants1458 Words   |  6 Pagesdo not go a day without eating a fast food meal. There has been a significant rise in obesity rates in America as fast food restaurant establishments are becoming more and more popular. It’s no coincidence that as the fast food industry’s popularity is rising; the obesity rates of Americans are rising as well. The reason for the increase in popularity of fast food restaurants is simply because of convenience. T ake McDonald’s for example: they offer consumers food that can ready to eat within aRead MoreFast Food And The Food Meal Essay1440 Words   |  6 Pages A fast food meal may not be so simple after all considering the ingredients that go into a meal. We aren’t fully aware of what all the ingredients are in our food. We just see either a short or a long list of words that is just scientific jargon to us. We do become more concerned of what we are eating if there is a long endless list of contents. One ingredient that we all know if high fructose corn syrup. There are high amounts of it in our fast food which explains why we can get so addicted toRead MoreFast Foods And Fast Food1649 Words   |  7 PagesFast food is popular because it s convenient, it s cheap, and it tastes good. But the real cost of eating fast food never appears on the menu, was said by Eric Schlosser. Several people in America have become dependent on fast foods. 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As Schlosser shows, American people are abusing fast food. In accordance with fast food binging, obesity has become a widespread epidemic. According to Joseph Mercola M.D., on a personal website states obesity is, A chronic condition that develops as a result of an interaction between a person s genetic makeup and their environmentRead MoreThe Availability Of Fast Food Essay1210 Words   |  5 PagesThe availability of fast food is contributing to the rise of Obesity in New Zealand Question 1: Explain the view point and find evidence to support the view I believe that some people have this view because fast food outlets usually consist of fatty foods. This means that people who don’t have much time or money can easily go out and buy food for themselves and their children. Studies show that New Zealand fast food consumption was an estimated 2-3 kgs per person per year. Studies also show thatRead MoreThe Consumption Of Fast Food1600 Words   |  7 Pagesunchanged. Americans are eating more unhealthy food and intaking more calories, causing this nationwide epidemic. The big fast food chains market their foods to Americans constantly. On average, teens see three to five fast food ads per day (Muntel). Fast food is ingrained into the minds of children and the craving for it stays with them even when they are adults. Americans should eliminate the regular consumption of fast food because the fast food diet leads to preventable and expensive health issues

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