Managing a fast food industry
| Learning Team
Competitive Strategies and Government Policies |
Management has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following points
The industry your writing about is Fast Food industry. Write 1,400 –1,750-word paper in which you describe how each of the following are or potentially will affect your industry or one with which you are familiar: · New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity inyour industry or one with which you are familiar–horizontal, vertical, or conglomerate–and explain why you made that choice. · Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities · Global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in your chosen industry Recommend how the industry you chose may respond to each of the previous points. Obtain instructor approval for your industry selection. Fast FOOD Format your paper consistent with APA guidelines. |
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Introduction
Managing or owning a fast food business is viewed as a small business idea. However, this business has numerous expansion and start-up options. Prospective entrepreneurs in this industry have several options of expanding their business. For example, they can first build a fast food industry and later convert into a restaurant, or buy it into franchise, where it will obtain either the naming rights or name recognition. Just like any other business, planning and research are very crucial parts of this business. Before you venture into new markets, you have to conduct a thorough research on the new market you intend to enter. For example, you have to research………………..
APA
1,719 Words
