The Quick serve - and fast-food Market in the restaurant industry in the United States. A short analysis

The Quick serve - and fast-food Market in the restaurant industry in the United States. A short analysis
Author :
Publisher : GRIN Verlag
Total Pages : 11
Release :
ISBN-10 : 9783346378347
ISBN-13 : 3346378349
Rating : 4/5 (349 Downloads)

Book Synopsis The Quick serve - and fast-food Market in the restaurant industry in the United States. A short analysis by : Jessica Phillips

Download or read book The Quick serve - and fast-food Market in the restaurant industry in the United States. A short analysis written by Jessica Phillips and published by GRIN Verlag. This book was released on 2021-03-31 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2021 in the subject Business economics - Market research, grade: 98, , course: GEB 4905, language: English, abstract: This paper represents a market analysis of the quick serve and fast food restaurant industry. The restaurant industry is highly competitive, there are currently 660 thousand restaurants in the U.S. the industry does have its barriers but it is not impossible to enter the market. The barriers consist of large capital investment, patents and trademarks, state and federal regulations, and high overhead costs. These barriers are a moderate threat to new entries. Because there are so many restaurants buyers have the power. Restaurants must compete with each other to win the buyer. The same thing is occurring to the suppliers of the restaurants. There is always a cheaper and or simply just another supplier available. This gives restaurants all of the power.


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