The nature of a Burger King restaurant and a car factory are both very different as they are both different services, therefore there will be many varying factors that need to be considered when choosing an appropriate location for siting either of these. Burger King provides a service to the public, therefore it lies in the tertiary sector, whilst a car factory is a manufacturing business, which provides cars for there company. Every business needs to be located, but this has to be done carefully, as it is very expensive to reverse. The main factors which will influence a businesses decision to locate in a certain area are, competition, costs of the area, government incentives, availability of labour, proximity to materials and market. The factors that both businesses will definitely need to consider are the costs of the area and availability of labour. Firstly, the business will need to be located in an area which is relatively inexpensive as they do not want to have a large expense of rents and rates going out of the business every month. This will reduce the potential funds...
One of the major differences between the two restaurants is the quality of their food and their services better provided to the customer. In-N-Out Burger is all 100% fresh product. The meat is never frozen, the lettuce is handpicked every day, and the potatoes are peeled and diced daily. The meat that In-N-Out receives is fresh and needs to be prepared in order for the restaurant to serve it. The morning crew arrives at 6am to do many things and one of those duties is to prepare the meat for the day. They have to shape, and season the meat before it can be pressed and cooked. The truck comes everyday with the calculated amount of sales. However, Jack in the Box receives frozen product. Calculated sales weekly and the trucks come only two days a week. The lettuce arrives at the store pre-cut and ready for use in the restaurant. Everything that comes off the truck just needs to be heated-up in order to serve. Another difference is the quality of the stores employees. In-N-Out Burger’s employees always have a positive attitude. They will always go out of their way to make sure all customers are 100% satisfied. The employees make sure that every visit is one to remember and that the customer will always come back for that amazing customer service. Conversely, Jack in the Box’s employees is quite different. Their employees are careless, and have negative attitudes. They do not care if customers are un-satisfied. Their service ...
The supermarket Tesco operates in the tertiary sector which is where all the final products are sold to customers for a price higher than production to make company profits, they can also be part of the secondary sector which is the way they sell their own products which come under the Tesco brand.
Tertiary sector of industry also known as the service sector or the service industry is one of the three main industrial categories an a economy, the others being the secondary industry manufacturing, and primary industry extraction such as mining, agriculture and fishing The tertiary sector of industry involves of providing a services or a product to businesses as well as final consumers. Services may involve the transport, distribution and sale of goods from producer to a consumer as may happen in wholesaling and retailing.
Homogeneity of products is depicted as goods and services that are same or comparable in nature. Since goods are homogenous, firms feel committed to vie for any relative point of interest that they can increase over their opposition. The more homogeneous the product in any industry the further we would expect to see competition (Spar and Yoffie 155). Another factor is transaction costs, the more difficult and time consuming a relocation will be the less likely it will occur. The stickiness is the resistance of a cost to change, in spite of changes in the more extensive economy recommendation of an alternate cost is ideal. Generally, it implies that the costs charged for specific goods and service are hesitant to change despite changes in input cost or demand patterns. Since, most firms cannot switch plant locations freely as most, it will bring around considerable expenses from moves crosswise over fringes. The higher these expenses, the stickier investments will prove to be and stickier investments will evidently decrease the momentum for the race to the bottom. These factors contribute greatly to differences in industry structure and incentives. In addition, there also exist invisible costs such as hiring and training new employees, building contracts etc. Prerequisites must be met, for example,
The first priority is to decide which store to purchase and their lower priority whether to invest the two million up front to renovate the stores or to operate the store as is.
The first party involved in this case was the plaintiff, Burger King Corporation. The headquarters of Burger King is located in Miami, Florida and is constituted under Florida’s laws and regulations. In 1978, Burger King C...
When it comes to fast food restaurants like Mcdonald 's and Burger King, people tend to wonder if they 're more similar or different. Each restaurant has qualities that separate them from another, but yet there are also many ways they 're similar, too. These two restaurants have been around forever and do a very big business around the world. Their greasy burgers, fries, ice cream, etc., are tasty treats to many americans that they can 't go a day without. They 're so focused on the food that they probably aren 't wondering what I am, what are the similarities and differences between Mcdonald 's and Burger King?
These days, many people may think about how they can become rich people immediately. Sometime, people who want to create their new ideas spend and sacrifice their own money to starting their new ideas. In addition, perhaps these people investing their money for buying market shares or starting the new business just for make money or profits. Nevertheless, people who want to invest their money or creating a new business sometimes does not want take the risk of investment and business because they worry about the long-term result and the way they invest their money is a wrong way which mean they are might be not going to get the money back or lose their money. On the other hand, they found the new ways to investing the money on education and it will become effective solution to educate their children until high level education and get his or her degree in the future. In the first time, educations will take an effect if the children can pass their college or university and they found a job. Furthermore, if they cannot find a job and become a jobless person it also could be a new problem as well. The other solution is how we investing our money and education at the same time are the best way to spend our money in this century. One the invest solution either starting build a new company or become a franchisee probably could be a solution in our society.
Local business have been able to expand due to the massive amounts of tourists who come and sample local cuisine or check out local merchandise made by various natives
India is one of the world’s largest automobile industries; it’s in fact the second fastest growing automobile market in the world after China. India is now focusing in the production of small cars, in which they are building a reputation in designing and manufacturing ultra low cost cars. It is important to highlight that international business such as Hyundai and Nissan have invested in plants in Chennai, India. These two businesses are showing how efficient their production and logistics functions can improve their business’s competitive position by lowering the costs. Lowering costs is the main reason why these two firms have invested in India. The same has happened to many other industries in other areas not just the automotive, there are many reasons why India is so attractive to foreign industries, which it will be explained later in this text.
· Burger King Corp. that offers an array of value-priced offerings and makes kitchen and drive through upgrades
Regional development is essential to overcome the social evils related to the localization of industries in developed areas alone, which results in overcrowding, noise and congestion. These adversely affect the health and efficiency of inhabitants.
The first step in any business is to think of or create a business idea. Without an idea, one cannot launch their business off the ground. A right direction is needed to create a business with a unique idea. However, other options include franchising or buying an existing business (1). Franchising allows an individual to run stores such as Burger King or McDonalds under the corporate name. It involves taking training classes and a heap of money in order to start a franchise. A Franchisee will have to buy products and services from the corporate entity they are franchising from, which is often required. Buying a franchise is like taking a piece of the pie from the company that is franchising and sharing that pie with everybody else. In addition having a franchise allows one to communicate and in essence become a big part of an added business opportunity (4). Franchising is far from easy to start and maintain for that matter. Starting a franchise involves a l...
Fierce and growing competition – big fast food companies like Burger King and Kentucky Fried Chicken are constantly competing with McDonalds for customers and trying to take the spot as the top fast food chain.