Developing Good Business Sense
Kristian Gellibert
University Of Phoenix
Abstract
All companies have a system of operations, where everything has its order and everything is in place. If it weren’t for operating systems, everything would be chaos, and no one would know what their tasks are. Can you imagine a company that basically lets you do whatever, where there were no rules, no accountability? Some people think that’s crazy, but there are other that think that the right idea.
The comparison between three companies and their tasks can be quite intriguing. I have chosen to compare three similar fast food chain companies. The ones that I have chosen are Wendy’s, Burger King, and McDonalds. All three are a dine-in, and
…show more content…
McDonalds has the three step drive thru process, where you order your food, thru a loud speaker, then go to window 1 to pay your order, and then go to window 2 to pick up your order. This gives them an edge because it gives the customer a perception that they are getting their food faster. They do not have to wait to pay for the food and then the clerk to prepare it. While Burger King and Wendy’s do not have this process and seems that it takes a little longer to get your order from these competitors. In conclusion, these three companies are similar in many ways, but in many ways totally different. The way that they operate are similar, the operation and managing of employees are not. Even though they are similar brands and offer similar product, the reason why they are still in business is because there is always room for a competitor, and if that competitor finds a niche that gives them a log up above the rest, then they should profit off of that.
References:
Jakle, John (1999). Fast Food: Roadside Restaurants in the Automobile Age. Johns Hopkins University Press. ISB 0-8018-6920-X; Brueggemann, Walter (1993). Texts Under Negotiation: The Bible and Postmodern Imagination. Fortress Press. ISB 0-8006-2736-9
James P Farrell. "The Evolution of the Quick Service Restaurant" A Management Consultant @ Large.
After analyzing the data, I found Chick-Fil-A was the one with the most picks and Burger King had the least amount of picks. I believe Chick-Fil-A had the most picks because of their delicious Chicken Sandwiches and their Freshly Brewed Iced Tea Sweetened. When you go to Chick-Fil-A your food is made to order, you don’t have to wait to long in drive-thru, and the workers always have a positive attitude. Burger King food can sometimes be bland and over cooked. McDonald’s and Wendy were almost tied up, but McDonald’s came in second place . They sale mainly the same thing but Wendy’s food looks and taste better. Also, when you go to the other restaurant McDonald’s, Wendy’s and Burger King you may have a longer wait time and your order may not
What do you typically order when dining at McDonald’s or Wendy’s? When I am having a meal from either place, my favorite choice is a fried chicken sandwich with lettuce, tomato, bacon and extra mayo. Sometimes, I may make it a combo and enjoy the greasy, salty french fries and an ice cold soft drink. Most of their customers often purchase the unhealthiest options because they feel as if that is what fast food is all about, right? Fortunately, it does not have to be that way. Fast food can be convenient and nutritious. Wendy’s and McDonald’s are both fast food restaurants, so they are alike in many
Unlimited, endless, fast food choices, and yet there are two that stand out above the rest. McDonald’s and Burger King are the two biggest burger fast food chains in the world. So let me ask you this, who has a better menu? Who’s Cheaper? And which one is healthier? This debate will once and for all come to an end, once all of these points have been met throughout my paper. McDonald’s vs. Burger King has been a long running argument. You will finally come to realize that McDonald’s is the better choice for you.
The way that Burger King and other fast food restaurant chains do business and markets their products to consumers is due to the change in our society to where the consumer wants the biggest, fastest, and best product they can get for their money. This change in society can be attributed to a process known as McDonaldization. Although McDonaldization can be applied to many other parts of our society, this paper will focus on its impact on Burger King and Taco Bell restaurants. My belief is that the process of McDonaldization has lead our generations toward a more a much more efficient lifestyle, with much less quality. From my observations and studies of these fast food resturants, several themes have become
To explain the how the fast food industry affects the lives of it’s employees, I have prepared a set of questions to ask employees who have a fundamental experience of working in the fast food industry (appendix[i]). I also have a similar set of questions to ask people who have never worked in the fast food industry (appendix[ii]).
However, these corporations are similar companies in where most Americans buy all the time. Corporations have different ways to attract or engage customers to buy their merchandise in this economy. They have similarities and differences in business styles and communication.
You are driving home after a long day and do not feel like going home to cook, up ahead there are two fast food restaurants, McDonald's and Chick-fil-a. For some people thi,s decision will be a quick one to make for others it will be slower.while they are similar Thera are several differences between.For example the menu, food quality and, the customer service.
Even though McDonald’s and Burger King are really similar, they are also really different. They both try to have good advertising but McDonald’s is, most of the time, ahead. Their food seems to have the same condiments, but again, they are far away to be the same. They appear as the two most famous fast food restaurants around the world, but each one of them has their own
As observed earlier, In-N-Out follows a fairly different strategy as compared to its competitors which totally
The fast food, or quick service restaurant industry (QSR), represents approximately 200,000 restaurants and $155 billion in sales in the U.S. alone, they are one of the largest segments of the food industry (Hoovers, 2011). This segment of the restaurant industry is “highly competitive and fragmented… number, size and strength of competitors vary by region, market and even restaurant. All of these restaurants compete based on a number of factors, including taste, quality, speed of service, price and value, name recognition, restaurant location, customer service and the ambience and condition of each restaurant” (Chipotle, 2010).
When it comes to developing strong business acumen, you need to focus on four distinct elements. These are:
Operation and Supply chain management (OSCM) is one of the foundations that successful businesses count on to provide a competitive advantage within their industry. The goal of OSCM is to develop and maintain a system that effectively and efficiently manages the flow of raw material resources into useful end products for consumer use (Chase, 2006). In the fast food industry this process takes center stage in maintaining competitive pricing. A review of the production process in two national chains, Whataburger and McDonald’s, showcases each chain’s approaches to OSCM.
This report is to compare the financial situations of two companies in the restaurant industry, Darden Restaurants Inc. of Florida and Brinker International Inc. of Texas. The report will provide a detailed analysis and summary of several things including financial analysis, industry history and analysis, both companies history and analysis, vertical and horizontal analysis, and the creditworthiness of each company.
The organisation I have chosen to examine from an operations management and decision making standpoint is McDonald’s, a worldwide chain of fast food restaurants, which are run either by a franchise, an affiliate or by the corporation itself. There are over 31,000 branches of McDonald’s worldwide1. It is estimated these restaurants serve a collective 47 million customers daily2. The restaurants mainly sell customers traditional fast food fare such as burgers, cheeseburgers, French fries, fizzy drinks and milkshakes, in addition to breakfast, dessert items and (in response to growing health concerns in the consumer marketplace) healthier items such as salads and
Have you ever sat down at a fast food restaurant enjoying a delicious triple grand slam cheeseburger and think about all the strategies of how all of this was created? I know I have. The fast food industry is one of the most complex industries out there. With all the marketing strategies, healthier options, and completive markets this could easily but one of the most difficult industries to be a part of. To evaluate, this industry I will dive into the fields of management, the completive landscape, organization of the industry, changes in the industry, and the organizational culture around it.