External factors affecting the fast food industry essay

However it is worth mentioning that Nestle is not however exclusively influenced by the mentioned factors below Shaw Nestle is a global company and in the food and beverage industry one of the most important factors to consider is globalization. Another factor to consider is the impact regulations has had on Nestle. The global food and beverage industry is one of the most highly regulated industries in the world.

External factors affecting the fast food industry essay

This analysis will assess the impact of the political, economic, social, technological, and legal factors on the industry. The analysis is presented below: Political Environment The influence of the political factors in the way of change in the regulatory measures and the attitudes of the current government will largely determine the growth and success of any industry and the players within that industry Keim, If the government is stable and a staunch supporter of the industry then there will be ample chances for the industry to grow.

In the case of Hospitality industry because of the revenue to the government from the tourism sector, there is the complete support for the industry and the political environment is conducive for the development of the industry.

Based on the application of these factors in the global context the economic environment cannot be assessed as more favorable for the development and growth of the industry.

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Economic downtrend has affected the spending capacity of the people in general and this has resulted in the poor performance by most of the firms in the hospitality industry.

The tourism and hotel business have been severely hit by the recessionary tendency all over the world. Social Environment Changes in the values and life styles, changes in values and beliefs, changing patterns of work and leisure, demographic changes, changing mix in the ethnic and religious background of the population — all will have their influence on the sustenance of the industry.

Fast food restaurants may include healthier choices on their menus and sponsor health-related activities. Broader social values will also affect the success of a business. Any or all of these factors could be responsible for the public’s willingness to hold the tobacco industry, but not the fast-food industry, liable for public health harms. Public attitudes. Factors Influencing Curriculum Development  introduction In the study of development, nurture is defined as the environmental conditions that influence a child’s development (T. M McDevitt and J. E. Ormrod, A child's home environment, friends with whom he spends time with, the food that he eats and the types of movies he watches -- not to mention the content and or education.

In the global context, all these factors presently work to the disadvantage of the hospitality industry as the changes in life style and values of customers show a declining trend, which in turn has adversely affected the hospitality industry.

Influence of Technological Factors The technological developments change the ways in which various services are provided and especially with the introduction of the broadband connectivity, the commercial world has undergone a wide change. All these technological developments have their impact in the functioning and growth of the hospitality industry globally.Fresh Tec Table of Contents Table of Contents 2 External factors affecting the industry 3 Best approach by Fresh Tec 4 Target audience of Fresh Tec 5 Need to train the growers 6 Growth Plan (fast aggressive or slow aggressive) 7 Does the disruptive nature of Smart Pac affect its launch path 7 References 9 External factors affecting the industry The main environmental issues affecting the .

In the section Ship Design Analysis we will examine what spacecraft warships will need, what they won't need, and what sort of tasks they will likely be required to perform.

In the section Ship Types we will examine the thorny issue of the terminiology of the various types of spacecraft. A collection of scholarly works about individual liberty and free markets.

External factors affecting the fast food industry essay

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External factors affecting the fast food industry essay

Kindle KB This is an E-book formatted for Amazon Kindle devices. EBook PDF KB This. A coffee shop serving breakfast and lunch is completely different from the fast food industry (Rainsford, , P) Fast food restaurants ranges from small road side vendors to American giants like McDonald’s and KFC (Caterersearch, ).

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INTERNAL AND EXTERNAL FACTORS AFFECTING MCDONALDS Due to globalization and increased competition in the fast food industry, a very complex environment is created for McDonald’s.

There are various internal and external environmental factors affecting the functions of McDonald’s corporation and demands for new innovations. This McDonald’s SWOT analysis reveals how the most successful fast-food chain company of all time uses its competitive advantages to continue dominating fast-food industry..

It identifies all the key strengths, weaknesses, opportunities and threats that affect the company the most.

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