This must combated by the cost of keeping inventory levels to high, and the risk of wasting inventory that is no longer fresh enough to be sold. Forecasting product demand is critical for any company in this industry to have enough inventories to supply, without creating profit eating w... ... middle of paper ... ...permarkets and grocery stores. The latter revenue stream could be decreased with more people eating out. The consolidation of supermarkets and grocery stores will lead to these stores having an increased bargaining power and more demanding needs. Azalea may not be able to meet these needs without further growth.
This dilemma has brought much debate among professionals and activists, but the issue should ideally be left to the consumer; however through the years the consumer has continually shown to make the wrong choice. The industrialization of the food market and the lack of self-control within society has been threatening humanity in various ways. First, the processed foods that are becoming the norms of today are lowering the life expectancy with every bite. Second, the health problems that are becoming more apparent in our nation’s citizens are being passed on from generation to generation. Last but not least, the convenience of these fast foods are making it much easier and seemingly beneficial to purchase them on a daily basis.
In recent period the economy can has been characterized by recession and increasing inflation levels. These two issues have had significant effect on businesses in terms of strategies, costs and profits. The recession has had significant impact within the country and across the world and has had mainly negative effect on businesses. In order for businesses to make profits their must exist demand for their products but the recession affected the demand for products thus business had to change their business processes. One trend exhibited by businesses to recent economic condition is price wars.
Therefore businesses may try to respond to the issue of congestion in many ways, they may decide to move away from such a particular town, or shut down the business and some may move to smaller market areas where they have little access to labours, suppliers and consumers. Unemployment When production costs increases due to congestion, this force firms to increase their products prices. When prices increase this lead to inflation, therefore worker demands for high salaries. This issue forces some firms to reduce their employees, because they will no longer able to pay h... ... middle of paper ... ...stion, experts will not reach out there on time, or at all to explain the usage of modern machinery for example. For example, lecturers will come late to classes or won’t attend lessons because of traffic congestion, so education level will remain undistributed within the nation.
As large majority of the stores located in United States, if any economic downfall will affect the business. Pricing: One of the Whole food’s weakness is pricing. They are also known as Whole Pay check because some of their products are very high priced comparing to other grocery stores. Product recalls affect brand image: Recalling the recurrent products will affect the brand image of Whole foods. In past few years, there are many cases of recalling the products they were selling.
Plus, the chances of our food being contaminated food are much higher than they were in the past. Aside from these reasons, government subsidies have influenced the cycle at which the food industry works on. Clearly, the food industry has an extremely negative effect on society. Food companies have the capability to take complete advantage of what is going into the market and what is coming out of it. While the farmers take the role of being puppets, the companies take the role of Geppetto.
In a diverse working environment, employment restrictions like working hour’s regulation require the organization to employ more staff. Economic Food Inflation: Economic crisis leads to the increasing costs of key ingredients that remain a challenge facing the restaurant industry. Over the recession, consumers may prefer cooking at home to eating outside. They can save their budget if they choose this option. By comparison, in the US the demand for fast food products over the recession did not increase as in Japan, the UK, and France, but more importantly it did not decrease either – this during a time where demand in the overall US restaurant industry fell by around 6%.
The main disadvantage is the cost of restaurants labeling their menus. The additional cost will be due to printing updated menus, displays, and analyzing the restaurants products to determine the amount of calories each item contains. Another downfall of menu labeling is that the sales of higher calorie food could have a tremendous decrease (Diets in Review).When a consumer sees how many calories a cheeseburger contains, they might choose a grilled chicken sandwich or a salad instead. Many people have mixed emotions about implementing menu labeling. Sometimes it requires a lot more than just simply crunching the numbers.
History The causal restaurant industry has adapted to the change in Americans habits and lifestyles. Some of the main restaurants that help define the industry is Red Lobster, Oliver Garden, and the Cheese Cake factory. They cater to the general needs of their consumers a family friendly place, good food, and clean environment. The industry has drastically changed with industrialization and globalization throughout the century. In the 60’s in rural America the automobile and intercontinental highway system helped expand industrialization.
One reason that poses these thought-provoking questions is attributable to the increased process of industrialized foodlike products. Today a “generation” of new values, beliefs and eating behaviors has changed the traditional social order of food consumption. Technology and the natural environment connect our relationship with food in a way in which the gratification for food changes our approach towards nutrition. Deep down people want to do the right thing in eating healthier foods, but as the world change through innovation, our natural environment becomes sever... ... middle of paper ... ...rtant role individuals have in creating effective change about their cultural beliefs and values on eating healthier foods, are education and awareness. As traditional eating perspectives of the past shifts to present day modernization, I believe that the future of our next generation can benefit from adapting to new customs of eating healthier whole fresh foods as long as they connect the importance of health and wellness as a standard of daily living.