2) - It had over 9,000 restaurants in 33 countries worldwide. 3) – It was third largest fast –food hamburger business in the world. Threat: 1) - The Burger King 's menu also offered a few items that set it apart from other fast – food restaurants. 2)- Wendy 's overlooked the shift in consumer preferences from indoor dining to drive – through windows at its restaurants.
Name : Ereny wassim boshra Id : 1451510217 The First question : Strengths 1- wendy’s international are considered the third largest fast-food hamburger business in the world, although it reported higher revenues in 2002 than did Burger King. 2- The company as a whole generated $2.73 billion in revenues in 2002, up 14.2 percent from the previous year. With headquarters in Dublin, Ohio, the corporation operated over 9,000 restaurants in 33 countries worldwide. 3- One very important innovation contributed by Wendy’s was a special value menu that consisted of about 10 items that could be purchased for 99 cents. 4- in 1976 had its first public offering of 1 million shares at dollar 28 per share.
Only 16% of high net worth individuals inherited their stash, according to Capgemini. The most common way to get rich is to start a business: nearly half (47%) of the world’s wealthy people are entrepreneurs. (source: The Economist Jan 20, 2011). This would have us believe that the rich don’t inherit much of any wealth and are just hard-working people. Though in reality, on average, the wealthiest 1% of households have inherited 447 times more money than households with wealth below $25K.
Governments view tourism as a tool for infrastructure development, job opportunities, earning foreign exchange, balance of payments, regional development and generating benefits for local communities (Glasson et al., 1995). Tourism development can increase individual’s income and revenues for host countries (Ahn et al., 2002). The development of tourism industry in Malaysia has achieved a level that can be proud of. Tourism related services are one of the main economic activities in Malaysia. It is the second largest foreign export earner, after manufacturing and has been growing since 2000 with international arrivals increasing by 9% per
This is in line with the results indicated in Table 4.16 where majority of the respondents firm invested insignificant amount in R&D. 75.82% of the respondents firm spend between 1 to 50000 yuan on R&D while only 7.69% firms spent above 1 million yuan per year in R&D. Study also shown that 9 out 100 SMEs did not invest on R&D at all. As shown in Table 4.17, most SMEs did not spend significant amount of resources on R&D, so the percentage of R&D cost in company yearly expenses is relatively small (5% and below). Only five firms spent above 11% on their total expenses on R&D cost.
Almost 93 percent of all retail stores in the country still fall under the unorganized sector. Kirana stores dominate the sector with a ratio of one store per 50 individuals while there is one modern retail outlet per 1500 individuals. India at 5.5 stores per 1000 people has the highest store to person ratio worldwide. It is the second largest source of employment after the agricultural sector in the country. However in percentage term it still lags behind the global leader , The United States which employs 20 percent of the country's population.
The tourism sector has the highest potential to generate economic activities in the current situation. In 2015, tourism sector has contributed US 7.2 billion to world GDP, representing 9.8% of global GDP. After that, tourism sector also supported 284 million jobs and contribute to GDP is forecast to grow by 3.3% in 2016. The total contribution of tourism sector to employment grew by 2.6% in 2015. Tourism arrivals in Malaysia increased to 2583467 in December from 2004694 in November of 2015.
New Trends Over the past few months there have been a lot of articles on the relationship between technology and the tourism industry. There’s plenty happening, and so many things to be excited about and hopeful for. To summarize, here are five (5) ways that technology is set to transform the tourism industry. • Messaging According to data courtesy of a Skift report, it shows that across the social media sphere messaging has been the fastest-growing behaviour since 2010. Platforms such as WhatsApp, WeChat and Facebook Messenger each have more monthly users around the world than Instagram, Snapchat and Pinterest combined.
Market research Population For the city of Manila, the researcher gathered the historical data indicated above and forecasted it for the potential target market of the business. It can be seen that there is a gradual increase in the continuing years as stated in 2000-2007 but decrease can be seen during 2010. The minimal growth in Manila’s population can indicate that people may have found the city very crowded since there are more establishments that are built, they may have moved to other nearby place in NCR. Nonetheless, the city of manila still remains as the one of the most populous cities in the country. Market
Promotional messaging serves as a productive and effective marketing tool as it alerts the agents about special discounts and travel packages and further attracts more customers. Travel agents have developed much more trust in what is displayed on their terminals, and GDSs have evolved into a major source of business, particularly for hotels with primarily a business clientele. By using this system, there has been a significant rise across corporate and leisure