Managerial Economics Term Paper Research Paper Essay Topics
A significant part of the fast food industry in UK and USA are now dominated by Bengali and Indian fast food restaurants (especially central London); snacks like Kheema, Paratha, Keshar Pista-Kulfi, Aloo Posto, Amer Chatni, pickles, Khichdi, Batter Fried Fish, Bengali Fish Curry, Payesh, Coconut Almond Sandesh, Fish Cutlet, Rasgulla, Yoghurt Fish, Ras Malai, etc are largely preferred by customers.
In the US Fast Food Industry, product differentiation is another criterion where the Mc Donald and other firms put into practice by branding, packaging, advertising; price, flavor, and color successfully motivate the customer to determine their requirements from their own product line rather than going to the other firms.
More surprisingly, in spite of the economic crisis, the global fast food industry has showed significant developments in its profit margin in both 20.
The most essential suppliers of the fast food industry include: Manta Media Inc.
Cheeseburgers, hamburgers, double cheeseburgers with extra mustard, Sandwiches, French Fries, Fried Chicken, Pizza, Donuts, Apple/Banana Pie, Hot Dogs, Tacos, etc are amongst the most popular foodstuffs in the western countries; moreover, the globalization of the business world has led fast food items of different ethnicities to come and fuse together to form a range of new fast food items.
Numerous Chinese food items are nowadays attracting the consumers as well, which, as a result, are increasing the market for Chinese food to the entire world; these includes snacks like noodles, meat, seafood, Fried-Rice, Chicken Chow-Mein, Crab Rangoon, Chicken Fried Rice, Hot/Sour Soup, Sesame Chicken, Wonton Soup, Shrimp Fried Rice, Beef with Broccoli and so on.
The number of firms in the industry indicates that the markets with huge numbers of firms would contribute further competitiveness rather than the market with little numbers of firms, thus Mc Donald face extra competitiveness in the US Fast food industry and enjoys more a major market share.
The firms who are working in the US Fast Food Industry have a strong relatively among them that evidenced huge competitiveness within the industry.
The coffee industry has been experiencing significant difficulties in recent times, prices tumbling to all-time lows in real terms during 2002 (see Figure 1).