Chipotle Strategic Profile and Case Analysis Purpose Chipotle Mexican Grill founded in 1993 by Steve Ells became known as the fast-casual dining in the restaurant industry (Hitt, Ireland, & Hoskisson, 2013). It was the first of its kind when Ells first opened his first restaurant and brought the idea of made-to-order burrito. The concept is so simple, and the consumer is in control of what ingredients goes into their burrito. “The immediate success from Ells’ first restaurant allowed him to repay the $80,000 loan that he borrowed from his father within a month of opening” (Hitt, Ireland, & Hoskisson, 2013, p. 71). Furthermore, this gave him the confidence to open his second restaurant in just two years.
Name: Mohammed Al-Arbash ID: 2015-00109 Course: Arab culture The globalization of burger king This essay will be focusing on the burger king restaurants that have opened in Kuwait. We will be covering the requirements the restaurant needed to start-up in Kuwait and the adjustments to adapt, the changes and complications they faced to succeed in the Kuwaiti culture. Also, we will state the primary location on where the business first opened and the year it was founded in Kuwait. In addition, we will briefly mention the Islamic customs it had to place to gain clients. Burger king is the second most popular fast food chain restaurant in the world.
The supermarket chain has been offering organic and healthy food since its beginning in 1980 and has been moving in different cities to reach more shoppers. Sadly though, its high-priced grocery items have been its biggest problem ever since. And it’s really exciting to see if bargain retailer Amazon can do something about this. However, although this Whole Foods slash Amazon combo seemed like the greatest deal ever, some analysts are shaking their heads and being skeptical about it. One of them is Synovus Trust’s senior portfolio manager, Daniel Morgan.
Place: Subway has the distinction of being the fastest franchise in terms of growth in the whole world. This restaurant chain has become the largest operators of restaurants that are nearly 42,673 in number and with its franchises in one hundred and eight countries. In Belize, Subway was located at Freetown Road. Price: Subway is premium priced because when you compare to other business, it has a higher price. However, the low calorie content of subway sandwiches makes it deserving of its price.
C. Thesis statement: Due to the convenient, affordable price and good taste of fast food, consumption of fast food is rising according to studies but it also brings negative effects on our health in the long run. II. Body A. Topic sentence: Fast food restaurant such as McDonalds (McD) or Kentucky Fried Chicken (KFC) are available almost anywhere in the world, and you can even get it with a simple phone call and get it delivered right in front of your door step or by ordering through their websites without leaving your work desk. 1.
Steve had been inspired by the popular tacos and burritos he discovered in San Francisco's Mission District while working there for chef Jeremiah Tower, and after securing an $85,000 loan from his father, he opened the first Chipotle in a former ice cream shop near the University of Denver campus. Steve’s vision of “food served fast doesn’t have to be low quality and delicious food doesn’t have to be expensive” is also the foundation on which Chipotle is based. This visionary thinking has led to Chipotle accomplishing great things, from growing from a single restaurant to over 1,800 in just 22 years, to serving more organic, naturally-raised foods than any other restaurant company.
However, fast food restaurants changed this paradigm by being able to order and receive an entire meal in under 60 seconds from a vehicle. This new paradigm brought jobs to millions of people, however, it came with side effects such as increasing health hazards for the American public. Fast food companies offer jobs to millions of citizens and with fast food restaurants becoming ubiquitous, these numbers will increase rapidly. According to Statista, the World 's leading statistic source, "In 2013, there were 3.65 million fast-food restaurant employees in the U.S. This figure was forecasted to reach almost 3.8 million by 2018" ("Employees in the U.S.").
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. This concept is now one of the most popular for a preferred dining experience, and new entrants are eyeing the market on how to enter, and existing restaurant titans are figuring out how to compete with these new disruptors.
McDonald’s is the largest fast food restaurant chain in the United States and represent the largest restaurant company in the world, both in terms of customer served and revenue generated. In 2014 IBISWorld market research estimated MCD held an 18.6 % of market share of the entire global fast food industry; Burger King in at just 4.6%. Under franchising visionary Ray Kroc, McDonald 's became the world 's premier food brand by selling the rights to operate a McDonald 's store. With this model, MCD keeps overhead costs down and lets local owners deal with individual units, while food costs remain low and service remains fast for a culture increasingly on the go. As a low-cost provider, McDonald’s offers products that are relatively cheaper
Sugarbun was established in 1979, from a humble ice cream parlour into an innovative food and beverage franchise restaurant brand. A fast food restaurant was added with SB Chick-en as its hero product in 1981. With monumental presence in Sarawak, even in rural towns such as Mukah, Kapit and Saratok, Sugarbun has moved into international markets success-fully such as Brunei Darussalam, Bangladesh, Australia and Indonesia. SugarBun has evolved into a diversified and franchising group with more than 50 restaurants spread across Malaysia. Sugar Bun’s exacting standards has earned it the coveted MS ISO 9002 award for 'Quality Excellence in Preparation and Sale of Food ' by the Standard & Indus-trial Research Institution of Malaysia (SIRIM).