Vhile some things always stay the same (e.g., the E why does McDonald's often change its menu addin such as McRibs, Mighty Wings and the Sausage Bre Burrito? What short-run and long-run impacts wou expect these kinds of menu changes have and why
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- Identify two change forces that are affecting the traditional packaged food industry. For each change force, discuss how the change force is likely to change the structure (i.e., industry fives forces) and/or the performance of this industry.Answer the all in the Table and no reject thank uDescribe the important customer and management factors that affect menu planning. Explain why the menu is considered to be the primary control of the foodservice system. Describe the factors Provide an example for each one How do they fit into the foodservice systems model? Describe how menu psychology plays into menu planning
- What atmosphere are theme parks they trying create? Who is there target market or customer?5 Suppose you are writing a business plan for an event plannning business what are the: Complimentary Products / Services • Advances in Technology • Economic Conditions: improving / declining • Customer Demographics • Environmental challenges • Global forces of change • Governmental and regulatory changes now and pending • Social / Cultural issues existing and trending1. What are the current methods of food preservation? 2. Which food preservation method is the most popular? 3. Why do packaged bread or donuts not go bad?
- For problems 1-3, please refer to this article on Ocado. https://www.bbc.co.uk/news/business-54352540 1. What can we say about existing rivalry in the market of online retailers? a. This force is week because of strong brands and stabile market shares. b. This force is medium level, because the market is quite concentrated but consumers are quite loyal. c. Existing rivalry is strong because the market is quite concentrated, switching costs are relatively low and the different firms' services are not especially differentiated. d. Rivalry is strong because suppliers and not concentrated and entry barriers are low. 2. How would you evaluate the threat of buyers in this market? a. It is relatively weak, because OCADO sells for final consumers who are not concentrated and have a weak bargaining power. b. It is strong, because Tesco and Amazon are large firms with larger market shares than Ocado. c. It is medium level, because OCADO cannot easily switch across its buyers.…➢ Characterize the marketplace. o Size, growth, demographics, structure, competition o Research the market and give an idea about each point for Ounaas websiteHow are for-profit business firms and nonprofit firms different with regard to the marketing concept?