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Restaurant industry comparative analysis
Fast food restaurant ethics and responsibility
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Publix has increased from a single store to over 1,077 supermarkets with over 160,000 associates. They are continuously hailed as the number one supermarket for customer satisfaction and one of Fortune’s 100 and 500 best companies to work for. With continuous growth, it is important to evaluate their legal and ethical policies (“We Are Publix”, n.d.). Publix values their employees and indicate their employees are the company. Their Human Resource Representatives ensure their ethical policy is monitored by assisting in defining standards for the delivery of phenomenal customer service.
Panera Bread’s strategic approach to the paradigm shift in the industry does give them an advantage against other companies. Their strategy of removing preservatives and artificial flavors gives the business the chance to outperform other bakery-café’s in the industry, because this allows them to fill a niche in the market. The consumers are demanding healthier food choices and Panera is finding a way to meet those demands. Panera Bread implements a broad differentiation approach to their business because they want to stand out against their competition by offering healthy food choices. The American people are making changes in their shopping and eating habits and it is only logical for Panera Bread to find ways to produce goods for their needs.
The company I chose to discuss is Chick-Fil-A, Dan Cathy is the current President and CEO. Chick-Fil-A’s mission statement explains what they value and what their commitment is to the community. According to the Chick-Fil-A website “For the past 66 years, we have built a foundational commitment to service – service to our customers, service to our franchised Restaurant Operators and their Team Members, and service to our communities. This begins in the restaurant – one customer at a time.
Panera Bread Company is an American chain of bakery-cafe fast casual restaurants in the United States and Canada. Today, Panera advertises its distinctive flavor mainly through the use of billboards, targeting a hungry audience caught on the road and desperate for something filling, delicious, and healthy. One billboard, for example, features simple but effective advertising. It is simply the image of an inviting bowl of soup.
3 – Chick-Fil-A Students who work at the fast food chain Chick-Fil-A are able to get scholarships. The restaurant offers $1000 dollars of scholarship for the best employees. Over 3000 prizes have already been given out to the workers. Students must work at the restaurant at least 20 hours a week in order to be eligible.
Competition exists in most industries, and it is considerably fierce in the restaurant business. This is especially true for the focus of this paper, Panera Bread, and the specific restaurant market it operates within, “Fast Casual”. According to the balance, Fast Casual offers the ease and convenience of fast food but with a more inviting sit-down atmosphere. As evidenced by Panera’s explosive growth since its inception, their execution has helped define the Fast-Casual concept.
The first time I have heard of the Chick-fil-A Franchise Opportunity was in the discussion about good opportunities of starting business in the Facebook community. My interest in different business opportunities to bring a change to my life prompted me to check what Chick-fil-A Franchise could offer to a motivated individual committed to developing one’s own business and making it successful entrepreneurships experience. I have studied a list of the top-ranking global franchises, their profiles and the industries they operate in. The American Franchisee Association was also a helpful resource for learning more about franchise opportunities. Out of the one hundred companies and corporations listed, eight represent franchises that are
Introduction Chick-fil-A (CFA) is a restaurant chain admired by many but it also attracted a lot of controversy over the last few years. The founder, Truett Cathy, have created a culture that differentiates the organization from most other fast-food chains, and the company have stayed true to its values till the present days. In this case study, the company’s competitive advantage, the strategic leadership initiatives that helped the company attain success, how it responded to its external environment, and the strategic challenges it is facing are discussed. In addition, findings on the company’s approach on its international expansion and its status as a privately-owned company are included, and possible directions the company might take in these areas are suggested.
This shows that people are more attracted towards other competitors due to many reasons such as: • Not so easy availability of store within certain areas • No celebrity to appeal and attract target audience Marketing Strategy of competitor
Introduction The restaurant industry in the United States had annual sales of $ 631.8 billion and employs 12.9 million people in 2012. Even in times of recession there is little evidence that this industry has seen a decline especially in its fast food and quick service segment. But with a depressed economy with no immediate upward trend in the near future, majority of the customers indicated that they would either curtail their spending on eating or best maintain its current level which is certainly going to affect the future of many restaurants in the industry. Chipotle is part of the fast casual segment of the U.S industry with over 1,600 restaurants.
Executive Summary Taco Bell is a fast food restaurant chain in America based in California (Grant, 2006). This fast food restaurant specializes in serving burritos, nachos, quesadillas and tacos among other food items in their menu (Grant, 2006). It serves about 2 billion consumers every year in over 6,500 restaurants majority in the United States, where over 80% are operated and owned by independent franchisees in countries including Australia, United Arab Emirates, India, Mexico, Poland, Greece, Philippines, United Kingdom, and Chile among others (Grant, 2006). This fast food restaurant was founded by an individual known as Glen Bell (Walker, 2014). Tacos Bell had a franchise in Dubai shopping mall which was opened in November 2008 and closed
Expansion into developing nations with different social and cultural parameters would require altering the menus and catering to the specific customer needs. Economic factors The low franchising cost comparing to the competitors is an advantage for Subway. However the cost of ingredients and supplies used in the preparation of food is higher than that of the competition due to the need for fresh ingredients. Customers have a perceived value which is higher than that of the product offerings of alternate fast food chains.
Ethical issue in Starbucks Starbucks, an American coffeehouse chain based in Seattle, Washington, is the world largest coffee retailer chain in the world having more than 21,000 stores in 65 countries (Starbucks website, n.d.). In United States, Starbucks owned 12,973 stores (Starbucks Company Statistics, 2014), which is more than 73% of the market shares of the United States coffeehouse industry. Hence, Starbucks possesses monopoly power in the specialty coffee market. Enjoying monopoly position, Starbucks plan to completely dominate the market by eliminating competition. Starbucks engages in a range of anti-competitive activities.
5.1 solutions for the ethical challenges The starbucks had involved in many ethical challenges that are consider illegal to the society. According to Guantanamo case, as any organisation, starbucks was seeking for profit by providing their beverages in Guantanamo Bay detained. In this situation organisations of human rights should take an action of this farce, because a huge company like starbucks must stand by ethical issues instead of supporting the detention and torture centre in Guantanamo. At least starbucks should punished by paying fees to prisoners families or by contributing some non profit programs to support Guantanamo people.
Throughout the last few decades, fast food companies have started popping out everywhere. With the