Pestel Analysis Restaurant
CHAPTER 6
INDUSTRY ANALYSIS
PESTEL ANALYSIS (Economics, Technology and Legal)
Economics:
According to the data, “Table 1”, the Philippines had a total of 14,937 structures in accommodation and food service activities. Restaurants and mobile food services activities garnered the highest number of establishments (79.1%). The Restaurants and mobile food services activities, which is our industry, has 11,815,000 establishments, thus it seems that we have a lot of competitor than any other industry out there. There are also a lot of employees working for our industry which is 215,033,000 people in Restaurants and mobile food services alone. We can conclude that there are a lot of people that we could hire for.
The cost for our industry is also
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Common practices are operating as a concession stands at many kinds of events for modern food kiosks. These could be operated by a small independent sellers, catering companies, or restaurant establishments.
Depending on the rules and laws, operators of the business like us usually require us a temporary food sales permits and licenses. Generally, operators or owners like us also should demonstrate a compliance with a various regulations for cleanliness just for the people’s health and safety.
A lot of food booth or food kiosks are now being more creative in their booths like lights and other attractive stuffs to get more customers. Some kiosks use fragrant aroma to attract more customers and/or cooking the food itself in the booth to induce aromas, using an electric stove or an induction cooker.
Some Kiosks like Master siomai use steam to cook their food and serve to customers, and O’ noodle use a flat frying stove to fry their noodles, so basically kiosks today are now very
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Thus there are a lot of potentials to improve food kiosks here in our country. The technology used in food kiosks should be aligned with the general technology we have in our generation, thus better and reliable utensils and equipment are not impossible. In 5-10 years in the future, there might be an appliances hopefully that can serve us operators and business owners to greatly improve our production and better reliability just like microwaves and induction cookers do today. Better technologies could also lessen the hassle of the workers and/or lessen the workers themselves to lessen our costs of producing our Egg
Yum Value Chain Analysis
999 Words | 4 PagesThey always keep themselves up to date with new tools that help them make business faster and more convenient for customers. For example, Pizza Hut- the brand owned by Yum! Brands- have created automatic ordering systems that customers can order pizza, pay and come to pick it up when it is ready. Besides ordering online, technology also helps consumers locate their favorite fast food restaurants in their nearest area and show them how to get there. From the restaurateurs' perspective, digital menu boards, flat screens and in-store signage will be critical marketing tools.
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1718 Words | 7 PagesHighly qualified employees + + + + Sustainable competitive
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Upton Sinclair's The Jungle: The Food Industry
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Taco Bell Executive Summary
3335 Words | 14 PagesExecutive 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
Advantages And Differences Eat Out Vs. Eating At Home
802 Words | 4 PagesEveryday billions of people all of the world decide how they will provide breakfast, lunch, and dinner for themselves and/or their families. People enjoy gathering around food for all types of celebrations, football games, family gatherings, meetings, and more. Food is an absolute necessity in our lives as it is the fuel for our bodies and everyone has the choice to cook meals within their homes each day or they have the choice of eating out at a restaurant. In the time we are living in today there are a lot more restaurants available than there was 50 years ago and the number continues to rise. Both eating out and eating at home have advantages and disadvantages
Loreal Pestel Analysis
1016 Words | 5 Pages. STUDY OF ENVIRONMENTAL FACTORS a. PEST Analysis: i. Political: L 'Oreal faced issues in the dermatology branch led by Galderma due to new legislations governing drugs. The EU law affects L 'Oreal and restricts their use of certain kinds of carcinogenic chemicals, such as Phthalates. L 'Oreal is obligated to produce safe products that do not contain any harmful substances.
Coca Cola Product Differentiation Strategy
785 Words | 4 PagesThis would attract a pool of workers of the highest caliber, thus leading to more value induced into the company. # Successful communication of perceived strengths of the product: Integrated marketing strategy- This has
Pestle Analysis In Latin America
2329 Words | 10 PagesExpanding into Latin America New markets for any company can be anywhere in the world and since this world every day is becoming more globalized every single company around the world is targeting moving into new places and being able to expand their horizons around the world. Latin America is a region that is becoming more and more approachable to companies from around the world. It provides with a fast variety of raw materials and labor possibilities for them to exploit. Before any organization moves into a new market it must first evaluate it and scan its possibilities in order to determine the best option for it. The following is a description of this process and the best options that the company selling high quality distance measuring technology
Sisig Case Study
842 Words | 4 PagesThe owners of Sisig sought to be the pioneer Filipino food company by providing unique and memorable customer experience to its clientele. The two individuals, Evan Kidera and Gil Payumo, focused on delivering innovative products and benefitting from a growing customer base. Specifically, being one of the food truck inventors in San Francisco, Senor Sisig had an obligation to revolutionize the sector (Kidera et al., 6). In fact, the decision to operate a unique operational model enabled the company to expand its services from one food truck to current three under its fleet. Through the provision of quality products, Senor Sisig has maximized its returns and continues to be the leading food truck establishment in the Bay Area.
Pestle Analysis Of Uniqlo
1510 Words | 7 PagesIntroduction Uniqlo is ranked as the 1st apparel brand in Japan (Fast retailing, 2014) and the 5th SPA (Specialty Store Retailer of Private Apparel) in the world (VFPress, 2012). The brand has demonstrated a strong development during the past years with around 818 stores worldwide, estimated at August 2015, (Fast retailing, 2014) and now, they are planning for an expansion to Vietnam market. This report will provide useful information which can be guidelines for Uniqlo’s strategy to enter a new market. The report covers four main parts: PESTLE analysis of Vietnam market; mode of entry suggestion; segments, targets and position process and 7Ps marketing mix. Question 1:
Strengths And Weaknesses Of Hong Kong International Airport (HKIA)
1254 Words | 6 PagesHong Kong International Airport (HKIA) is the winner of the 2017 Award for “World’s Best Airport Dining Experience” and 3rd place in “World’s Best Airport Shopping”, in the following I will discuss on the strength(s) and weakness(es) of HKIA in the area of dining and shopping when compared to the other airport listed in the question. Concerning dining, the strength of HKIA is their restaurants provide the food with comparatively low price. Some of the passengers may have an impression that it is expensive to eat inside the airport, but there are some restaurants in HKIA provide the food with the price lower HKD$50. With this price, passengers can choice either fast food or Chinese restaurants in which the size of food could let them feel full. Moreover, passengers can try for local food.
Literature Review On Employee Performance
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1284 Words | 6 PagesThere must be diverse methodologies that can be utilized by eatery 's proprietors as a part of request
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