...A Comparison and Contrast of Two Major Fast Food Chains In today’s era of low-carbohydrate diets and obsessive exercise routines, people are more careful with their food choices. The 21st century necessitates convenience where fast food restaurants accommodate the need for cheap food quickly. Unfortunately, these foods are not always the healthiest of choices. Historically, fast food restaurants have been synonymous to processed high fat foods. In rejection to this stereotype, two major fast food restaurants, Wendy’s and McDonald’s, now offer healthier menu choices low in saturated fats and carbohydrates without sacrificing taste. Wendy’s and McDonald’s fall under the same umbrella of fast food yet possess noticeably different characteristics in healthy choice menu items. Despite differing considerably in the variety and presentation of healthy alternatives, both Wendy’s and McDonald’s offer numerous salad choices as the healthy food staple. Perhaps the most incredible breakthrough Wendy’s and McDonald’s have had health wise was the introduction of healthy burger alternatives to their menus. Wendy’s has one healthy choice sandwich to offer, the Ultimate Chicken Grill that boasts only 6.5 grams of fat when loaded with all savory toppings. Although Wendy’s offers only this one item as a healthy choice sandwich, Wendy’s has always been a leader in the provision of various healthy menu items. Its small order of chili, containing only five grams of fat, is a healthy alternative favorite...
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...Jason’s Deli vs. Jersey Mike’s Subs Bernadine A. Mitchell COMM-155 May 12, 2013 Instructor: Martha Johnson Jason’s Deli and Jersey Mike’s Subs are fast-food restaurants that offer similar menu choices, but have different amenities and environment. Jason's Deli was founded in Beaumont, Texas in 1976 by Joe Tortorice Jr., and the company currently has approximately 230 U.S. locations in 28 states.[i] Jersey Mike's Subs is a submarine sandwich, or "sub", chain headquartered in Manasquan, New Jersey. The Jersey Mike's franchise has more than 600 stores across the United States.[ii] Both restaurants have superior submarine sandwiches and wraps. Jason’s Deli, however, was the first major restaurant to ban artificial trans fats and eliminate high fructose corn syrup in the U.S., providing menu choices to create healthier meals. Although both Jason’s Deli and Jersey Mike’s Subs provide an online menu for convenience and ease of ordering before you leave the house, there are distinct differences in their presentation. Jersey Mike’s Subs only provide a selection of subs and wraps, and a very limited Kid’s menu. At Jersey Mike's, Italian meats are emphasized, but American meats and cheeses are also provided. Jersey Mike’s Kid’s menu only consist of three items of ham & cheese, turkey & cheese, salami & cheese on a submarine roll, along with a drink and a cookie. Jason’s Deli also provide a variety of meats, and has a selection of four types of menu...
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...and writing up your assessment of the establishment in a review paper. Please do not review a movie, book, CD, or product for this assignment. Choose a place that offers a service to its customers, such as a restaurant, a retail store, or a public library. A review always includes both the good and the bad aspects of the establishment and tells an audience what they can expect if they go there. Most reviews will also include examples of how the business measures up to its competition. When appropriate, you should include comparisons to other similar businesses in your review. Please choose one of the following options for this paper (if you’d like to write a review about a business that’s not on this list, please e-mail your idea to Nancy for approval): restaurant library coffee shop fitness or sports center bowling alley hair salon tanning salon, nail salon grocery store movie theatre clothing store auto repair shop retail store **Note: Most students end up writing a restaurant review for this assignment, so most of my examples are about restaurants. Introduction: Your introduction should tell your reader where the establishment is located, what type of business the establishment falls under (retail shop, restaurant, etc…) and include a thesis statement. Your thesis statement needs to make an overall claim about the kind of experience one could have at your chosen place of business. **See the handout called “Tips for Writing...
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...The Cheesecake Factory has become a very well restaurant that has a variety of foods. The successfulness of the restaurant is wonderful. This is an insight to The Cheesecake Factory’s financial statements. The Cheesecake Factory has become a very well restaurant that has a variety of foods. The successfulness of the restaurant is wonderful. This is an insight to The Cheesecake Factory’s financial statements. Table of Contents Introduction pg 1 Ratio Analysis pg 1 Ratio Analysis for 3 restaurants pg 2 Vertical Analysis pg3 Vertical/Common Size Analysis pg3 Major Elements of Cash Flow pg4 Cash Flow Comparison for 3 restaurants pg4 Comparison of Net Income pg 4 Comparison of Net Cash Flow from Operating Activities pg 5 Comparison of Net Cash Flow from Investing Activities pg 5 Comparison of Net Cash Flow from Financing Activities pg 5 Comparison of Net Change in Cash pg 6 Comparison of Free Cash Flow pg 6 Horizontal Analysis pg 6 Horizontal Analysis for 3 restaurants pg 7 Reference pg 8 The Cheesecake Factory was started by Evelyn Overton. Evelyn was always baking cheesecakes and lead to the opening of her first cheesecake shop in Detroit. Over the years the Cheesecake factory has become so popular that its expansion is continuous. There are currently 150 Cheesecake locations in the United States. However, the expansion does not stop there; there are also many...
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...PepsiCo | Coke | Comments | Total CEO compensation benchmark | Leading consumer product companies, selected companies covered in S&P 500 Beverage, Food and Restaurant IndicesDefinition is narrow: limits competitive space to consumer product companies, with emphasis on food and beverage | Other large companiesDefinition is broader: competes against entire universe of large companies | Has implications for businesses the companies are willing to enter into and the talent pool to recruit fromFor both shareholders and employees, Coke is more attractive. F&B may not present the best return opportunities | Emphasis on long-term compensation | Emphasis on long-term performance is much less pronounced vs Coke – principal portion is tied to both annual objectives and long-term shareholder returns | Very clear focus on long-term performance pay: majority of pay composed of long-term, at-risk pay with less emphasis placed on salary and annual incentives | Coke’s investors/employees are more likely to be focused on the long term. Lends stability to the business: make better long-term investment decisions | Salary ranges | Targeted at upper end for similar positions at comparison companies and capped at $1m | Targeted at 3rd quartile of the range for comparison group | Coke’s salary ranges are higher than Pepsi’s, comparison companies are much larger – better ability to attract and retain top talent, drive superior...
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...understand the restaurants business and its operations to improve its customer service and its employee relations. The Castle Family Restaurant has eight restaurants that operate under one regional manager that also acts as the Human Resource Manager for the restaurants. The goal is to develop a plan that can decrease the travel time for the regional manager, Jay Morgan so that he may save on gas expenses traveling between each eight restaurants in the Northern California area. The objective is to introduce an HRIS application and one vendor that can assist in the developing of the HR department and ease the transitioning of one individual HR manager to multiple employees. There are restaurants with profits in mind and provide the same food and service while the Castle’s Family believes in family, partnerships and developing relationships with one another for a great customer service. Introduction Castle‘s Family Restaurants and it’s eight locations in Northern California employed 300-340 employees and operated under one regional manager, Jay Morgan, who is also acting as Human Resource Manager for all restaurant locations. A business plan will help Mr. Morgan with the transition, as we apply an HRIS to manage all HR and payroll needs as a solution to the time and cost problem that founded in the business exploration. Castle's Family Restaurant continues to grow along with the Human Resource needs to keep the business operative. Company Review Castle’s Family Restaurant is a midsize...
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...Financial Analysis McDonald’s Amber van Berkel 384941 Roos Bijen 336432 Lotte Bergsma 353604 Stenden University Hospitality Operations Environment Group A 18 / 05 / 2015 Appendix 4: Scoring Rubric assignment Unit 3 Financial Analysis Group number: A Module period: 4 Academic year: 2 Name assessor: Student name | Student number | Analyses | Grade | Amber van Berkel | 384941 | Income statement | | Lotte Bergsma | 353604 | Balance sheet | | Roos Bijen | 336432 | Cash flow statement | | | | | | | | Elements | | Scoring Rubrics | | Group/ individual | contents | Score 1-10 | remarks | Part A Getting to know the company (30%) | group | * Business drivers * 5 year record * Directors review | | | Part B: The financial statements (30%): | individual | Income Statement | | | | | Balance Sheet | | | | | Cash Flow Statement (*) | | | Part C (30%) Investors perspective | group | * Risk analysis * performance * overall conclusions (A+B+C) | | | Part D presentational aspect (10%) | group | * Lay-out * Grading sheet * Quality and use of English | | | | | | Preface During the second year in the module Hospitality Operations Environment of the International Hotel Management School a financial analysis has to be made. This financial analysis is about the company MacDonald’s. Findings, trends and conclusions found in the annual reports of 2013 and 2014 of the McDonald’s Corporation...
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...Fast food or Bastard food? Figure 1: . In 2010 A cartoon by Piraro about how fast food effect pigeons which representing the people who addicted on fast food. In the 21 century, people are suffering from all kinds of diseases and over 85% of them are caused by, an unhealthy, diet. In the United States, 25% of Americans eat fast food every day, which can cause heart disease, hypertension and diabetes, starting with overweight. McDonalds, Taco Bell, Wendy’s, and Burger King are very popular, fast food restaurant selling their burgers and fries in the airport, street shop, next to Wal-Mart and college. The cartoon on the right was posted by cartoon artist Piraro on August 10, 2010. The cartoonist's opinion is ironic because pigeons will get fat by eating fast food just like people. By depicting McDonalds, fries and the pigeon's lazy eyes are related and pointed out the author's feeling about the combination of fat and bad health because of fast food. In the cartoon, the pigeon represent the people who are fat, lazy and don't want to move at all, but keep eating fries. The big M behind the pigeon stands for the popular fast food brand McDonalds. The sky is a mixture of white and grey, except for the yellow from the M. Anything else is less vibrant, less vivid and dispirited. The rhetorical appeals in Figure 1 include logos and ethos. The pigeon keep eating fries and other fast food that make him fat, which is logos. Also, the pigeon stays in front of the fast...
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...Scholarly Activity 2 "Burger King Beefs Up Global Operations" Henry E. Jerkins Columbia Southern University International Business Professor Yvonne Balbin February 23, 2013 1 1. What is Burger King’s core competency? How does it relate to its chosen strategy? Burger King's core competency is the fact that they are the world's largest flamed-broiled fast food restaurant hands down. Simply put, Burger King's core competency means that they are more competent than their competitors when it comes to producing that type of goods and services. In addition, Burger King stands firm on its core competency of being the best at what it does when it comes to producing hamburgers and flame-broiled fast food. As a result of this strategetic move, it has positioned itself in becoming one of the markets leaders in the fast food restaurant industry. Further, it core competency is based upon its desire to set itself apart their competitors by way of differentiating their products. The differentiation of Burger Kings products are accomplished in two ways as it relates their competitors. First thing to consider is the manner in which the hamburgers are prepared, which is the flamed-broiled method. Secondly, is the various options that is afforded to the customers on how they would like to have their hamburgers prepared. The process has been the means that has allowed Burger King to become one of the market leaders in the...
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...Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania The article aims to evaluate the impact of increased minimum wage from $4.25 to $5.05 per hour in 1992 on the employees working in fast-food restaurants in New Jersey and Pennsylvania. The author has shown two comparisons in this study. One is the comparison of employment growth rates at Stores in New Jersey and Pennsylvania before and after the rise of minimum wage. And second is change in the employment rate from stores which paid higher wages initially to the changes in lower wage stores. His study concluded that there is no indication that the increase in minimum wage reduces employment. Analogous to this case study, based on the basic economic concepts, rise in the wage rate per hour have two effects – substitution effect and the income effect. If substitution effect dominates the income effect, then rise in minimum wage increases the labor supply and thus the employment rate. But if income effect dominates, then rise in minimum wage reduces unemployment. We shall understand the reason behind why rising minimum wage did not show any impact. The study analysed the 410 fast –food restaurants in New Jersey and Pennsylvania post the increase of minimum wage and compared the changes in wages, employment and prices at stores before and after such increase. Some of the other significant features of this empirical study include: first, the idea to increase the minimum wage happened...
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...Business plan Name Institution Introduction Mac at-home food and restaurant Ltd aims at tapping the culinary skills and provides a flexible work-from home business approach. Moreover, the business provides a low risk approach into an ever-popular food service and restaurant industry. It is the aim of the company to tap into the high demand in the food and restaurant industry. There is increased demand by various individuals on the availability of the food service over the internet, and place where they can enjoy various food service at serene environment offered at a cheaper price. Therefore, the objective of Mac at-home food and restaurant Ltd is to offer variety, quality, and affordable food to all segment of the society thereby tapping into customers neglected by big food and restaurants. As such, the business plan preparation aims at raising capital of approximately $30,000. In addition, the business plan aim at raising additional finances required to purchase necessary equipments, launch Mac at-home food and restaurant Ltd website, and other finances required for the first fiscal year operations. The finances already acquired are $35,000 from micro-loan initiative, $13,000 loan from bank, $5,000 government loan, and $30, 000 from the five company investors. The company aims at tapping into the high demand in the food and restaurant industry because of increased demand of the food services over the internet and place where they can enjoy various food services at...
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...Technology in Restaurants Julio Olla COM/172 April 5th, 2012 Davine Jones Technology in Restaurants Technology is impacting the restaurant industry because dependency on computers is the remarkable key to run the business. Computers in restaurants are the key to create the experience that experts want to introduce to guests, to support the changes of a modern society and the information technology that is constantly changing; we are the consumers of a competitive world of technology. The technology that is being used in the business has become innovative and to take a look back on how restaurants ran before technology hit the industry is remarkable. Computers The biggest change in the restaurant business since the creation and introduction of the stove controlled by gas and the electric refrigerator is the implementation of computers (Mandabach, Blanch, Van Leeuwen, & Waters, 2006) “The restaurant industry is no longer a business of cigar boxes and order pads. In most cases restaurant managers use more technology than we used to send men to the moon” (Hamilton, 2004). The transcendental innovation of technology has created a competitive system between experts in the field and the philosophy to avoid looking back in time when restaurants used to run with just a kitchen and a few tables. Comparing the experience of a visit to a modern eating establishment with the same basic hospitality atmosphere versus a more typical restaurant, the chances are that thanks to the...
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...Comparative Study of McDonald's and Kentucky Fried Chicken (KFC) Development in China Wei Hu & Yuanyuan Xie Bachelor’s Thesis 28. 04. 2013 International Business Administration Bachelor’s degree (UAS) SAVONIA UNIVERSITY OF APPLIED SCIENCES THESIS Abstract Field of Study Social Sciences, Business and Administration Degree Programme Degree Programme in International Business Author(s) Wei Hu & Yuanyuan Xie Title of Thesis Comparative Study of McDonald's and Kentucky Fried Chicken (KFC) development in China Date 28.04.2013 Pages/Appendices 53+2 Supervisor(s) Jari Niemelä &Heikki Likitalo Client Organization/Partners McDonald's Corporation & Kentucky Fried Chicken Corporation Abstract McDonald's and KFC are two international fast food restaurants. They both expended their businesses in global scale. It is obvious that McDonald surpassed KFC in terms of sales and fame in international level. However, in China, KFC performs better than McDonald's. The aim of this study is to find out how these two companies developed differently in Chinese market. By making a comparative study of McDonald's and KFC, different operation and competitive strategy theory will be integrated with their development situation. Research is made based on strategy theory, Internet sources and interviews. The thesis is started with general information, Chinese fast food industrial situation introduction and thesis structure. After having introduced the two companies background, we illustrated strategy theory...
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...Prices are cheaper than competitors • Customer service is high • Small overhead • Menu Flexibility Weaknesses • Restaurant is not established and new – no market presence or reputation • Cash flow issues in early stages Opportunities • Food conscious – healthier choices • Working with local farmers to supply organics products • Little competition in market Threats • Operating costs • High turnover rates for employees • Changing customer demands • Perception of product Trends • Healthy, organic food Introduction A restaurant owner who fails to plan plans to fail. Most restaurants will succeed, provided that their owners are determined, stubborn, and willing to take control of those variables that can be controlled. Changes in markets, competition, products, and customer perceptions are inevitable. Restaurants that can adapt to such changes because of foresight and careful planning will profit. A written business plan is helpful in so many ways that the time and effort to write and update it are trifling in comparison to the benefits it gives. Concept Organics is a unique concept. It will very easily fit into the marketplace. This health conscious concept is very desirable. Organics Salad and Sandwich Shop will be a low priced restaurant, featuring prompt service in a relaxing atmosphere. Location The location selected is in the heart of a major...
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...Comparative Study of McDonald's and Kentucky Fried Chicken (KFC) Development in China Wei Hu & Yuanyuan Xie Bachelor’s Thesis 28. 04. 2013 International Business Administration Bachelor’s degree (UAS) SAVONIA UNIVERSITY OF APPLIED SCIENCES THESIS Abstract Field of Study Social Sciences, Business and Administration Degree Programme Degree Programme in International Business Author(s) Wei Hu & Yuanyuan Xie Title of Thesis Comparative Study of McDonald's and Kentucky Fried Chicken (KFC) development in China Date 28.04.2013 Pages/Appendices 53+2 Supervisor(s) Jari Niemelä &Heikki Likitalo Client Organization/Partners McDonald's Corporation & Kentucky Fried Chicken Corporation Abstract McDonald's and KFC are two international fast food restaurants. They both expended their businesses in global scale. It is obvious that McDonald surpassed KFC in terms of sales and fame in international level. However, in China, KFC performs better than McDonald's. The aim of this study is to find out how these two companies developed differently in Chinese market. By making a comparative study of McDonald's and KFC, different operation and competitive strategy theory will be integrated with their development situation. Research is made based on strategy theory, Internet sources and interviews. The thesis is started with general information, Chinese fast food industrial situation introduction and thesis structure. After having introduced the two companies background, we illustrated strategy theory...
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