Wednesday, May 8, 2019
Business planning Assignment Example | Topics and Well Written Essays - 4500 words
Business planning - Assignment patternThe food for thought purchasing pattern of consumers is not only driven by the taste of the food barely the food and the store should also have a pleasing impact on the aesthetic senses of the consumers. Since 2009, the food assistant and fast food perseverance is growing at a rapid rate and interestingly growth is high in the fast food sector. Quick Pizza is expected to attract crucial number of consumers as a result of its high quality pizzas, cost effectiveness and innovative spirit of business (Market Line, 2011).The pizza industry can be classified into three segments, such as, dine-in, takeout and firm delivery services. According to market report, delivery services and takeouts form a major share of the industry revenue. Dine-in selections are presented by most adequately sized establishments while takeout is a convenient choice presented to consumers by mobile vendors as well as restaurants. The proposed business idea comes under the purview of fond service business model where the overall cost associated with the business is minimised because of lack of fixed establishment. The current consumer abridge suggests that consumers are increasingly becoming health conscious and most fast food sellers are incorporating this sine qua non in their food menus (IBIS World, 2015).The United States is slowing recovering from the devastating recession and economic slowdown. In destination half decade, the fiscal position of the country has correctd considerably but the economy is still attempt with income inequality and unemployment issues. The purchasing power of consumers continues to be all time low but is expected to improve in recent time. The cost of infrastructure is increasing in an abrupt manner and the gross domesticated product of the country is relatively low among other developed economies. Besides these, the labour wage and wrong of commodities are increasing at a rapid rate. The consumption pattern in the food service industry has been affected by present economic scenario and
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