Saturday, February 22, 2020

Economic Impact of the U.S. Fast Food Industry on the Global Economy Research Paper

Economic Impact of the U.S. Fast Food Industry on the Global Economy - Research Paper Example Fast foods contain a lot of fats and oils, which when accumulated in the body lead to related diseases like Obesity and diabetes. A research conducted by Currie Janet et al. of the National Bureau of Economic Research (Currie, 2009), on the effects of fast food restaurants on obesity and weight gain show that, the establishment of fast food restaurants has a diverse effect on the rise in obesity cases in the U.S. The research focused on 3 million children to compare school children who are 0.1 mile away from a location of a fast food restaurant, and others who are at 0.25 miles. The researchers put the children under observation for a period to compare on the rate of obesity cases. The researchers also conducted research on 3 million pregnant mothers observed to gauge their weight gain over a period (Currie, 2009). It showed that the growth in weight gain among pregnant mothers increased according to the distance form the fast food restaurant that is the weight gain was more to mothe rs who were near the restaurants as compared to those a bit far (Currie, 2009). The obesity rates observed were almost the same to the school children. The research shows that the availability of fast food restaurants affects the rate of obesity because of the low price on the foods which leads to high consumption. The varying distance between the school children bring almost the same effect on obesity because, the children who are a bit far from the restaurants are constraint to budget hence consume less compared to those near (Currie, 2009). The availability of the fast food restaurants has adverse effects on the health sector in U. S. as the state has to intervene on prevention. This affects the economy of the country as the government increases taxes to cater for... This paper stresses that the high growth in economic standards over the world calls for any possible means of easing life. The fast food industry has developed due to the ease of production of its products and its cheap price. The commitments that people have do not allow them to spend much of their time because they want to beat some deadlines. They do not have time to examine how healthy the food they eat is, and its consequences. The fast food industries started in the U. S according to Schlosser, but after the gradual growth, spread to other countries where they have too established a number of branches, for example, the McDonald’s. This report makes a conclusion that the effects these companies have on the economy of U. S occur in the other countries which have started these industries. Most contents of these foods are unhealthy, and have highly contributed to the rise in obesity and overweight problems which relate other diseases like diabetes which are expensive to treat. Treatment of these diseases becomes a burden to the economy of the world. Diseases like these affect the labor input of a country and this acts as a drawback to the economy. Although the establishment of fast food industries affected the economy of the world through the health sector, it has also positively affected the global economy through the provision of labor to employees, which is a boost to the tax department.

Wednesday, February 5, 2020

International marketing Essay Example | Topics and Well Written Essays - 1500 words

International marketing - Essay Example The Arab cuisine ay emphasis on the following items such as lamb and chicken preparation in the meat products, dairy products mainly consist of butter, yoghurt, white cheese and cream, herbs and spices that are mainly used are a mixture of mint and thyme known as za’atar, other spices include saffron, sesame, cumin, garlic, cinnamon, sumac, lentils comprise of chickpeas and favabeans, and most popular dressings of such cuisines comprise of olive oil, parsley, mint, etc. The company that is planning for its product launch in the international market is Al Qasr that is one of the famous names in Arabic cuisines and the restaurant chain is known for its Arabian delicacies, wide range of deserts and appetizers, and Lebanese cuisine. Al Qasr has been operating in Arabic regions for many years and meets the consumer tastes and preferences through its innovative dishes with traditional flavors. United States as the target market for the company offers great opportunity as the political conditions are stable of the country and even the consumer market has high disposable income and living standards. The demand is high in this market for Arabic cuisines because of its flavors and variety. Many companies have invested in this market because of its stable environmental factors and availability of raw materials, capital and labor. The target market for the Arabic cuisines to be launched by the company would be upper middle income and higher income group who prefer to dine at restaurants mostly in weekends. The other demographic factors comprise of age and for this specific cuisine the age group would be above 25 years who prefers to try out different cuisines apart from the fast food which are generally more preferred by the young generation under 20 years. Competition is very tough in the US market as it a hub for many companies serving different cuisines such as European