This is NOT an essay question. You guys are wasting my time and yours by making me resubmit a question ten times.Don't make excuses please I really need help. Once again this is NOT AN ESSAY question so PLEASE don't reject my question. I NEED help. Fast Food Industry:There are 6 forces: Demographic, Technological, Competitive/Industry, Economic, Regulatory.For each one find ONE FACT for each force that determines whether it's an Opportunity or Threat for a fast food industry and explain why IN FULL DETAILS. ONLY ONE FACT. (feel free to do more than one) . Opportunities are facts that positive are facts that have a positive influence on theindustry. Threats are negative.I included an exmaple for ebook industry. But find one fact for the fast food industry. Only one fact. Feel free to do more than one Opportunity or Threat• (T) Decreases in consumer spending due to concerns about the economy(Euromonitor International, 2012, para. 6)ECONOMICo This is a threat because when people are concerned about theeconomy, they spend less money. The acquisition of an e-readeris costly and can be seen as a luxury purchase. JOHN|Opportunity or ThreatTECHNOLOGICAL(T) People are spending more time on the internet (CBC News, 2012,para. 2)This is a threat since people are spending a large amount oftheir leisure time on the internet, rather than reading books.JOHN(0) LCD displays can cause eyestrain (Barrett, 2012)This is an opportunity because avid readers will prefer topurchase a device without an LCD display. JILL Opportunity or Threat(0) Canadian population is aging with approximately 15% of thepopulation over the age of 65 (Statistics Canada, 2012)DEMOGRAPHICo This is an opportunity because as people age, they can't see aswell and the e-reader allows you to change the size of the font,making it easier to read. JOHN(0) Baby boomer/senior population is increasing at a rapid rate of +12%from 2011-2014 (Statistics Canada, 2014, para. 20)o This is an opportunity because baby boomers and seniors form alarge percentage of the population and if they have more leisuretime, they can read more books. JILL

Fast food industry is a flourishing market in the world. It contains opportunities as well as…

Answered: Fast Food Industry: There are 6…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Related questions

Question

100%

This is NOT an essay question. You guys are wasting my time and yours by making me resubmit a question ten times.Don't make excuses please I really need help. Once again this is NOT AN ESSAY question so PLEASE don't reject my question. I NEED help.

Fast Food Industry:

There are 6 forces: Demographic, Technological, Competitive/Industry, Economic, Regulatory.

For each one find ONE FACT for each force that determines whether it's an Opportunity or Threat for a fast food industry and explain why IN FULL DETAILS. ONLY ONE FACT. (feel free to do more than one) . Opportunities are facts that positive are facts that have a positive influence on theindustry. Threats are negative.

I included an exmaple for ebook industry. But find one fact for the fast food industry. Only one fact. Feel free to do more than one

Opportunity or Threat
• (T) Decreases in consumer spending due to concerns about the economy
(Euromonitor International, 2012, para. 6)
ECONOMIC
o This is a threat because when people are concerned about the
economy, they spend less money. The acquisition of an e-reader
is costly and can be seen as a luxury purchase. JOHN
|
Opportunity or Threat
TECHNOLOGICAL
(T) People are spending more time on the internet (CBC News, 2012,
para. 2)
This is a threat since people are spending a large amount of
their leisure time on the internet, rather than reading books.
JOHN
(0) LCD displays can cause eyestrain (Barrett, 2012)
This is an opportunity because avid readers will prefer to
purchase a device without an LCD display. JILL

Opportunity or Threat
(0) Canadian population is aging with approximately 15% of the
population over the age of 65 (Statistics Canada, 2012)
DEMOGRAPHIC
o This is an opportunity because as people age, they can't see as
well and the e-reader allows you to change the size of the font,
making it easier to read. JOHN
(0) Baby boomer/senior population is increasing at a rapid rate of +12%
from 2011-2014 (Statistics Canada, 2014, para. 20)
o This is an opportunity because baby boomers and seniors form a
large percentage of the population and if they have more leisure
time, they can read more books. JILL

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.

Similar questions