Using Porters Five Forces Model, assess the strength of each competitive force in the U.S. fast-food industry?
Question:
Using Porter’s Five Forces Model, assess the strength of each competitive force in the U.S. fast-food industry?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (14 reviews)
Substitute Products Strong Force Substitute products include Full service restaurants Cafeterias Microwavable products purchased at grocery stores and eaten at home Family restaurants Dennys IHOP and ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Marketing Management Knowledge and Skills
ISBN: 978-0077861056
11th edition
Authors: J. Paul Peter, James H. Donnelly
Question Posted:
Students also viewed these Business questions
-
According to Michael Porter's "Five Forces" model, why do some firms earn higher profits than other firms? Discuss.
-
Using Porter's Five Forces Model, analyze MLBAM's buyer power and supplier power. What could MLBAM do to increase customer loyalty?
-
Using Porter's Five Forces Model, personal Critical Success Factors (CSFs) and/ personal Key Performance Indicators (KPIs), explain how you will overcome threats from each of the five forces while...
-
Julio sold his corporation to a competitor, Exeter LLC, for $100,000,000. Julio incorporated his business 17 years ago by investing $500,000 plus his proprietary know-how. There have been no other...
-
Suppose that a company needs 1,500,000 items during a year and that preparation for each production run costs $600. Suppose also that it costs $15 to produce each item and $2 per year to store an...
-
Describe data and process modeling, and name the main data and process modeling techniques.
-
Elliott started business on 1 July 2025. The accounting system includes a sales journal, a purchases journal, a cash receipts journal, a cash payments journal and a general journal. The chart of...
-
1. Calculate the price-to-rent ratios for the following properties arranged by price of home followed by likely annual rental income: (a) $400,000/$40,000; (b) $300,000/$36,000; (c) $200,000/30,000....
-
QUESTION TWO a) State and explain five monetary policy instruments used by the central bank to regulate interest rate, inflation rate, exchange rate and the quantity of money in the economy [15...
-
Fourth-Sixth-Twelfth Bank currently pays an annuall dividend of $1.40 per share. After extensive analysis, you forecast that the Bank's stock will continue to pay the $1.40 dividend for four years....
-
Is the U.S. fast-food industry attractive?
-
What are the primary driving forces in the U.S. fast-food industry in 2004?
-
In problem use the improved Eulers method to obtain a four-decimal approximation of the indicated value. First use h = 0.1 and then use h = 0.05. y' = y - y 2 , y(0) = 0.5; y(0.5)
-
(d) Suppose that instead of restricting imports or giving explicit advantages to Canadian-made products, the Bank of Canada enters the foreign exchange market and buys up large quantities of foreign...
-
If Bob faces a 20% chance of losing $20 or an 80% chance of losing nothing. What is the expected loss and variance?
-
1)Consider the crowding out model. Assume there are men and women in the labor force and three occupations: preschool, elementary and secondary teachers. Suppose only women can work as elementary and...
-
What type of cost does not change with changes in production volume?
-
An aluminum-alloy rod has a length of 9.2293 cm at 20.00C and a length of 9.2767 cm at the boiling point of water. (a) What is the length of the rod at the freezing point of water? (b) What is the...
-
Petrobras, the Brazilian energy company, has identified two alternatives to provide potable water to offshore platformspurchase and operate the equipment, or contract long term with Manal and...
-
Assume a simple Keynesian depression economy with a multiplier of 4 and an initial equilibrium income of $3,000. Saving and investment equal $400, and assume full employment income is $4,000. a. What...
-
What else would you like to know for a more thorough a ssessment?
-
Which of the first two managers' directions (direct mail or email) would you support?
-
What i s the strategy? If the company wants to emphasize customer acquisition, what would you recommend ? If the company wants to emphasize customer retention, what would you recommend ?
-
Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering...
-
1. In his job, Martin is handed several bricks. He carries them across a yard and hands them to a bricklayer. He thinks he works hard, but his sister tells him that he does not work on the bricks....
-
12-19. A train starts from rest at station A and accelerates at 0.5 m/s for 60 s. Afterwards it travels with a constant velocity for 15 min. It then decelerates at 1 m/s until it is brought to rest...
Study smarter with the SolutionInn App