Industry Analysis on Fast Food
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Title: Industry Analysis on Fast Food

Essay Details:

Subject: Business
Author: Maureen R
Date: March 16, 2012
Level: University
Grade: A
Length: 2 / 425

Essay text:

For a business to have success they must have the right location. Under exit barriers there are land leasing, building leases, capital cost. 2. Some of the driving forces include the quality of the food, price of the food, and the nutritional value. Some of the consumers that are playing an important role in fast food are women employed outside the home, two-earned households, higher income, and smaller size of the family. Increased food spending driven by population growth is just one way consumers will shape the future of the US food system. 3. Five forces: a. Rivalry among competitors- in the fast-food industry it's who can get the food out the fastest...

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