With the end of the financial yearthe concentration of the fast food industry has been identified as the major point from which the restaurants compete Marketing 91 This is because the fast-food companies generally tend to aim the flawed and insignificant group of the labour market, with majority of the employees being inexperience, low- skilled, young and easily replaceable labour.
With the dimensions of leverage in competition for financial performance measures the restaurants can only be in a position to make more in terms of investment returns, profitability, and activity Haifengp.
One other reason for the lack of unionization is because of the resistance by the fast-food corporations, who openly declared that they are anti-unions. These are the preferences and the cost allocation from which the restaurants defend themselves. This comparative advantage position is asserted with the look at the Subway restaurant Australia performance in the year This implies that the fast food industry in Australia is one that is packed with the interest of the top chain restaurants having better and larger control in the market.
Even though the workers are unhappy and discontent with their Job, it has not led to result in unionization. They believe that unions are not required, as they have their own Human Resource Management Programme that helps keep their workers appeased and promote loyalty within them to the company.
However, the Industrial Relations Act did not include issues such as retrenchment, promotion, dismissal, work assignments and such terms are to be negotiated between the employers and he employees Pereira, According to Haifengp.
This is majorly attributed to the fact that the other institution players in the markets cannot be viewed as very influential on the performance and the competition that the smaller brands and cuisine restaurants have their own clientele Table 1: However employees working in the headquarters are experienced, skillful and highly qualified — often graduates or those who had previous employment benefits and prospects as findings showed that each executive has an individually negotiated employment contract Pereira,and they tend to deal ith more challenging and more enriching Jobs.
In Singapore, the laws are favourable for them as it employer-bias thus they Fast food industry essays able to instill their own practices and methods for employee and work relations. The Fast-Food Labour force The fast-food industry has showed several trends in their employment practices in different Fast food industry essays with each workforce showing distinct characteristics.
This showed that the laws in Singapore gave power to the employers. Just complete our simple order form and you could have your customised Business work in your email box, in as little as 3 hours.
The Fast Food industry in Australia 1. In Singapore, since its independence day — industrial peace is the main objective from the creation of the legal framework and unions can only be formed under conditional rules and under the Judgment of the Labour Minister Deyo, cited in Pereira, This is because a large percentage of the labour in Germany is made up of ethnic minorities — foreign workers, economic migrants from the old Eastern Bloc and guest workers mostly from Turkey and Greece Royle, Employment Introduction The fast-food industry has been developing rapidly and has successfully penetrated majority of the markets globally, at the same time bringing about several significant changes in practices, work and employment relations.
Singling these five forces out, the following is noted with the competitive direction that the fast food industry has in Australia.
In addition, due to the nature of this industry, the Job scope is highly standardized and repetitive, thus it is seen to be a job that has low and unpromising future prospects.
Thus, the report is maintained along the brief descriptions of the industry comprising the first part of this report. Majority also proceed on to other better Jobs as they perceive it to be a temporary one.
With this point of need, the competitive forces at work are technology, regulatory and the social trends. Eventually, they are still able to turn the tables around, evading strict rules and able to set their own systems and practices. Suggestions from the blog statement Eating Out has been material to identifying the use of the low-cost strategies in getting better revenues collection in the fast food sector.
The substitution is based on which of the top performing restaurants will be able to attract clients their way. Fast-food restaurants are distinguished and characterized by their inexpensive food products prepared in a standardized method that is dispensed to their customers quickly and efficiently for takeaway or dine-in and are usually packaged without the provision of utensils.
Looking at the position that the has on income growing by the reality check is based on the position that the lower food prices which this report assumes are the low-cost strategies have been material of the growth in revenues according to the report Prime Skills In addition, it also brought to light that not all protocols, standards and practices of the fast-food company fits the different markets globally perfectly, due to the different cultures, mindsets and preferences, which we will be exploring in depth in this essay — in particular, the fast-food industry in Singapore, Germany and United States.
These forces are the suppliers and the buyers bargaining powers, the threat that they have with substitution, new entrants and the industrial rivalry Haifengp. With this the advantage that they will be having will be installed in the position that the company has in lowering some of its prices or giving discounts such that their competitors of the restaurant can be able to bow out of the competition.
Even though major corporations were to set up fast-food restaurants in the listed countries, similarities and differences will arise and we will discuss this in the essay.
Equally, based on the position that the porters five forces of competitiveness this report is interested in the development of an analysis for the competitive strategy that the fast food industry has in the Australian divide. About this resource This Business essay was submitted to us by a student in order to help you with your studies.
In conclusion, even though Singapore and United States showed slight differences, it generally showed a greater similarities in terms of how the regulations are pro-employers, the reason of the lack of unionization and ow fast-food corporations are technically undaunted by unions, or the lack of it, and are able to actively promote their own set of corporate regulations for work and employment relations.
According to Prime Skills the Subway restaurant of Australia was among the big four retail fast food chains that used the asset base in the acquisition of the customers and revenues growths. However, the workers have never considered a ollective representation as firstly, it is not necessary for them to Join a union, next is because they are pleased with whatever has already been offered to them in terms of industry have the upper hand in determining the conditions of employment as there is very little presence of trade unions and strict regulations, thus allowing them more freedom to implement their own rules.
Search our thousands of essays: Similar to Singapore, their labour orkforce also consist of elderly as well as women with children employees that shares the same expectations as that of the youth employees.
For the employees, they have an option to Join a union Tan, cited in Pereira, Fast Food Industry Words | 9 Pages. Introduction The fast-food industry has been developing rapidly and has successfully penetrated majority of the markets globally, at the same time bringing about several significant changes in practices, work and employment relations.
Assessing The American Fast Food Industry Business Essay. Print Reference this. Published: 23rd March, or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UK Essays.
This trend has made it possible for the fast food industry to thrive. This very competitive industry has a.
Introduction The fast-food industry has been developing rapidly and has successfully penetrated majority of the markets globally, at the same time bringing about several significant changes in practices, work and employment relations.
Fast-food restaurants are distinguished and characterized by their inexpensive food products prepared in a standardized method that is dispensed to their.
The Fast Food Industry Essay Words 3 Pages The Fast Food Industry There are many arguments whether we are better off living with or without the existence of fast food. As the fast food industry grows, the amount of money spent on fast food has increased drastically.
As the fast food industry began to take root into American society and consumer culture, the marketing and advertisement of fast food began to boom.
This free Business essay on The Fast Food industry in Australia is perfect for Business students to use as an example.Download