By Kathryn Evans, Anna Hogan, Ashley Litoff, and Lauren Mendicino.

Slides:



Advertisements
Similar presentations
Fast Food Is it really all that? By: Amy, Naty, Larissa
Advertisements

Globalization. What Is Globalization? Globalization is the process of national economies, politics, cultures, and societies become combined and integrated.
Audrey, Laura, Caitlin. Author shows that paying a little more for better quality should be worth it. Ex: (p258) Conways Red Top Restaurant in Nevada.
Social Studies 6th Grade
Understand the role of business in the global economy. 1.
Business in a Global Economy
By: Lauren Roney Pd-2 3/07/11.  Marketing-is the process of performing market research, selling products and/or services to customers and promoting them.
 Barter – goods are traded directly for other goods  Problem: › requires double coincidence of wants (have to find someone who has what I want and who.
Ms. Smith. 1. First, businesses need to figure out what products and services to introduce and in which countries. 2. Then, they must decide how much.
3 Business in the Global Economy 3-1 International Business Basics
Unit 2 Economics (w/ Supply & Demand).  many sellers of identical products  businesses have no control over price and it is easy for new businesses.
International Trade Advantages and Disadvantages.
International Trade Agreements BBI2O. Protectionism  When the government imposes policies designed to protect domestic producers by giving them an advantage.
1.2 POSITIVE & NEGATIVE ARGUMENTS FOR FREE TRADE.
‘Farmers, Businesses and Shoppers- who wins and who loses in the world’s food market?’
The Great Depression Social Studies 9. The Stock Market  A stock is a part of the ownership of a company  Companies sell stocks to earn money in order.
The problems of fast food industry in the US and china Arlenne Olvera 11/20 /14 5 th period.
Assignment 2 Farid Sharifi Fishbowl Enabler Software Wireless Carrier Store s Technology Smart Phone Data Enjoyment Privacy Income Habits.
The problems of international trade
What Caused the Great Depression?
Definition: The value of property determined by tax officials. Assessed Valuation.
YOU ARE WHAT YOU EAT… The Impact of Private Industry and Government in the Nation’s Food Supply and Health Objective: To understand the connection between.
Unit 5 Africa Economic Vocabulary. Famine - A severe shortage of food, generally affecting a widespread area and large numbers of people and can be caused.
Understand business in the global marketplace.
Business in the Global Economy Intro to Business Chapter 3.
Global Interdependence and Trade
THE START OF THE GREAT DEPRESSION. Definition  Depression – A period marked by less business activity, much unemployment, falling prices and wages, etc.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 3 SLIDE International Business Basics The Global.
Economic Systems. The Three Basic Economic Questions:  What should we produce?  How should we produce?  For whom should we product?
Barriers To International Trade
Americans prosperous called “Roaring 20’s” Depression started in 1929 with the crash of the Stock Market.
Latin America and Atlantic World Social shifts in Latin America Economics and the Atlantic World The English Colonies The Triangle Trade Mercantilism.
DR. SHIRLEY C. EJE Professor INTERNATIONAL MARKETING.
The World Market Place: BUSINESS WITHOUT BORDERS.
BY: LYTREL HALL.  Nutrition around the world are different completely. They are separated into different sizes of nutrition, eg. high in nutrition, low.
Economic Geography Mrs. Brahe Global Studies. Objectives  At the end of this lesson, you will be able to: Identify the four basic types of economic activity.
North Carolina History Today we will learn about how people affect the food: 1. Native Americans 2. Farming 3. Today’s food SS Level 4Ms. Lewis.
Hosted by Mrs. Lockhart Factors of Production GDP Name that System Trade Vocab Wild Card 100.
The Dollar Menu Stephen Velastegui Period 5. Affordability The Dollar Menu is usually found in fast food restaurants; i.e McDonald’s, Burger King, Wendy’s,
Objective 1.03 Understand business in the global marketplace. 1.
Food Migration.
The Economy and Culture Globalization. Economic Policies ProtectionismFree trade Goal: to protect national production from outside competition. Some measures:
Chapter 2: Economics Lesson 5 The Market Economy.
Chapter 20: Science and Exploration. What is the Scientific Revolution? What is the Age of Exploration?
Ancient India By Ryan 6C. Introduction Ancient India is one of the worlds most ancient civilizations. It was started in BC. It has a growing town.
The Dollar Menu. Food Inc. Documentary  Processed foods are less expensive then healthier foods because many of the ingredients come from crops subsided.
International Trade & its Benefits. Why do Nations Trade? To obtain goods they cannot produce To reflect comparative advantage- when one country produces.
What is Lenovo Goal Mission & Vision Business Groups SWOT Analysis
In this presentation, I will be discussing everything which is related to the Fairtrade foundation. It is a social organization, aimed to help producers.
Chapter 3 Business in the Global Economy. 3-1 International Business Basics Goals: ◦ Describe importing and exporting activities. ◦ Compare balance of.
To eat or not to eat What problems can bad nutrition cause?
Your Output Market AG BM 460. Chuck Mothersbaugh Small vegetable grower Sells at two farmer’s markets Started in Oriental Vegetables Then more conventional.
International Trade Chapter 4. Nature of International trade International Trade – is the exchange of goods and services among nations. International.
Trade Barriers. n Involves the exchange of goods or services between countries n This is described in terms of – Exports : the goods and services sold.
Canada and the Global Economy. NAFTA NAFTA - North American Free Trade Agreement - An agreement made between Canada, the United States, and Mexico in.
International Trade. Strategic Analysis Why should we bother with international trade? Provides consumers with what they want Consumers want the goods.
International Trade Chapter 17. Absolute and Comparative Advantage Ch 17 Sec 1.
$5 $7 $8 $6 Question #1 Who would you buy your hammer from, an American business, a South American business, an African business or a European business?
Fashion Merchandising
Canada and the Global Economy
Globalization.
WARNING!!!!!!!!!!!!!!!!!!!!!!!!! THE MOST IMPORTANT FACTOR IN DETERMINING FOREIGN EXCHANGE IS INTO WHICH NATION IS THE MONEY FLOWING. The currency of.
2.02 Barriers to International Trade
Globalization: My Q’s How has communication technology allowed globalization to occur? What is a transnational business? How has globalization affected.
International Trade Agreements
Fashion Merchandising
Unit 3 Some Elements of Culture
Ch.10 The Global Economy 10.2 Global Competition.
Canada and the Global Economy
Market Structure.
Presentation transcript:

By Kathryn Evans, Anna Hogan, Ashley Litoff, and Lauren Mendicino

 Technology  Government  Global Environment  Cultural  Social  Legal  Global Trade

The Culinary businesses use technology for different things such as: o Online pre-ordering o Bill payments o Advertising (ex. Websites) o Drive-through o Keeping records (often compiled into a report so that the owner/manager knows how the business is doing.) Some issues that could occur with technology: o Technology isn’t always reliable (computer malfunctions) o Technology such as computers and different types of systems usually cost a lot of money that the business may not have.

The Government affects the culinary businesses because:  The government protects culinary businesses with trademarks and copyrights -many restaurants copyright their name or logo so that other places that sell food cannot sell products with their name, and get credit for them.

Some examples of ways that legal issues can affect a culinary business:  Law suits (food poisoning, injuries occurring at the restaurant etc.)  Permits (need permits for their business)  Contracts (building contracts etc.)

 The culinary businesses are all over the world. Many of them are affected by the global environment especially the economy. When the economy drops, many people do not want to go out for meals because it is much cheaper to eat at home.  In the culinary business there is a lot of competition. If different restaurants get publicized more and have better prices, people may eat there more often than other restaurants that may have better quality.

 Restaurants bring many different cultures to different places.  In America, we have restaurants from many parts of the world that represent the different cultures in the world.  Some examples of cultural restaurants would be: -Italian (ex. Bucca Di Beppo, Carrabba’s) -Mexican (ex. Chipotle, 3 Margaritas) -Chinese (ex. Tao, Panda Express, PF Changs) -Indian (ex. The Taj, Bombay Bistro) -French (ex. Brasserie Ten Ten) -Mediterranean (ex. The Med) -Greek (ex. Daphne’s)

 Many farmers grow their crops according to their culture. If the farmer was from an American Indian culture, he may favor corn over other vegetables. This could be an issue for exports because there would be more of a certain product than another. This could be an inconvenience for the companies receiving the goods.  Many people will go to restaurants according to their culture. This would affect the culinary industry because the dominating culture in a country would most likely go to restaurants of their same culture. Therefore, restaurants that are not of that culture may not be very successful.  Some cultures are centered around the culinary business. This is a major problem because if the cultures are centered around a generally unhealthy type of culinary business, it can lead to obesity.

 Restaurants are a great place for social life. Many people enjoy going to restaurants with friends and family to eat, drink, and enjoy each others company.  In many European countries, they value meal times as a social gathering. Because of this, they tend to take longer at restaurants, which could cause problems for restaurants because there will be less room for incoming customers. This occurs all over the world, but is most common in Europe.

Ways that Global Trade could affect the culinary business:  If there is a shortage of food in another country that we get imports from, it could affect our culinary businesses  If other countries export systems aren’t shipping fast enough, the food the businesses need won’t get there in time.  If food that the culinary businesses import is bad and gets recalled, it could have poisoned customers and all of that food would have to be thrown out.

-Some current business trends are:  People want to get their food quickly.

 Restaurants are making their services much quicker  Fast food restaurants have evolved because of customers need to eat on the go.  Some restaurants are adding drive thru lines such as Starbucks