Strategies for Campus Sustainability

Strategies for Campus Sustainability DR. VIDYA.H.N DR. PUTTARAJU.K. CRAFTING CAMPUS AWARENESS – STRATEGIES TOWARDS CREATION OF CAMPUS SUSTAINBILITY FULL TEXT OF THE PAPER â€Å" First challenge in the design of a new campus is not to create new buildings, but to create a shared vision towards sustainability†. INTRODUCTION –In a College campus each student has a unique role to play in making the campus a sustainable place . One can incorporate values of environmental responsibility in the campus . Students can be made to involve directly by joininga sustainability action team or form their own club or forum and become a sustainability leader through adoption of innovative sustainability goals. A college can create responsiveness of sustainability goals by engaging the campus community in sustainability awareness programs. Students can be made attentive towards rendering individual efforts in reducing the ecological stress in the campus. All the Staff, faculty and students should exert together to reduce energy consumption, promote waste reduction strategies, alternative transportation options, and other sustainability initiatives in offices, classrooms, labs, libraries, buildings, residences and in personal lives. The following was the initial methodology adopted by our Institution INITIAL CAMPUS ACTION PLAN- Identifying the in-campus behavior for each student. Determining group behaviour. Identifying the students present level of conceptualization of sustainability Listing the steps to make them aware of the concept of sustainability Finalizing the skills towards orienting the campus behavior towards sustainability with an action plan After these steps were initialized as our Institution took steps to strategize the concept. THE STRATEGIES OF ACHIEVING CAMPUS SUSTAINBILITY To engage the campus community in the implementation of sustainability goals and actions, certain strategies were required which could be achieved through . Our Institution provided peer support to sustainability programs of each department. Provision for environmental education programs that promote sustainability was taken up Environmental studies as a topic was introduced through Mysore university. Motivation through creativity to identify new procedures and initiatives to promote sustainability was taken up through orientation programs to fresher students . Here they were offered opportunities to exchange ideas, experiences and plans. Our Institution recognized and rewarded successes. Award of Excellency to departments and Student volunteers was mooted To Reduce energy consumption, all students made to turn off the lights when they leave their class rooms. To reduce Greenhouse gas emissions local students were advised to take cycles to college instead of bikes. A beautiful in house campus garden was thus developed .It also served as demonstration gardens to showcase the beauty and diversity of edible landscaping in a campus setting. Additionally, the gardens provided service opportunities for student volunteers to serve n the garden in their free time. The flowers of the rose garden are used in functions to welcome the dignitaries for decorative purposes The flowers are also used to worship the goddess Saraswathi idol inside the campus garden. The herbal plants such as hibiscus tulasi help the environs with healthy air. The Trees of teak , neem asoka are helping the campus with fresh air water sustainability. PROCESS PHASES OF PROGRAMME A formalized process for advancing sustainability in our college campus was done in phases .Phase One had targeted outreach. -This included identifying and providing support for students, volunteer student leaders, building student capacity and communicating with all stakeholders. The Stake holders such as Parents, Alumni , college development Council members were convinced of the concept of campus sustainability. Phase Two, helped campus sustainability activists create general awareness and broaden outreach programs . NSS student volunteers were involved in campus cleaning activities. Faculty joined hands with peer support. Phase Three, consultation with all departments developed into a coherent Action Plan. On this basis the campus was made greener every year our College could fetch the Best maintained garden award . CAMPUS SUSTAINABILITY OUTCOMES ACHIEVED All students strive to turn off the lights when they leave their class rooms. All students voluntary themselves to deposit waste in specific areas only. . In the computer lab students shut down their PCs completely at the end of the day. The Office has set all printers and copiers to default double-sided mode. Using Cycle inside campus -Toward promoting sustainability on campus, on the model of Hyderabad campus was launched the â€Å"cycles on campus† but most of the students come from far off places they are supported by Public transportations facility. Our institution has the intention of ordering high efficiency multi-purpose machines to consolidate printers, faxes, scanners and copiers. All faculty administrative staff carry a reusable water bottle with them. All faculty have set their PC computer screen to go into standby mode after 15 minutes of inactivity Several of the Faculty can Leave the car at home take a walk in the second session of the College. Use natural light to light your office instead of Tube lights CFLs. Using 100% post-consumer recycled paper for use in the office is All faculty carry their own bags for shopping outside the campus. Students are advised to avoid wasting food inside the campus. Reducing the wastage of stationery inside the campus is gradually picking up Watering the plants through channels with waste water recycling. THE OUTREACH METHODOLOGY Our Institution is striving towards enhancing the concept further more through Engaging the faculty and students in research and creative projects in campus Sustainability. Such as conducting environmental art exhibitions, energy saving demonstration projects such as solar street lighting, solar hot water for hostels, solar thermal cooking, institutional biogas plants , electrical mobility, etc , adopting a water Harvesting System etc. All these initiatives will lead to outcome such as reducing the negative environmental impact of the college or university, Saving the college money, educating and empowering students thereby creating a sustainable generation for future. CONCLUSION- Campus sustainability is the need of the hour and is one of key focus areas for sustainability initiatives. These initiatives will make a sustainable difference in campus communities and will assist students to focus on building capacity at individual level and institutions at large . These strategies will help to drive inclusive growth and enable institutions and individuals to work towards achieving their full potential. These initiative will also aim to increase awareness among the student community on the issue of sustainability, to keep the campus clean and green while improving the overall health of the student community. A holistic approach, more commonly including social, economic and traditional environmental considerations in sustainability goals has to become a part of the syllabi in the campus. Colleges and universities across the globe are making the concept of campus sustainability a reality. These initiatives are influencing curriculum decisions, operational budgets, f acility plans, and campus culture. Students, faculty, staff are leading these earnest efforts. Certainly bringing about a campus culture is a difficult work, requiring coordination and cooperation yet a common motivation towards achieving sustainability will follow. ***************** References- Poyyamoli- G- A critical review of campus sustainability in India- a road map for the future A critical review of campus sustainability in India- a road map for the future Bantanur shaila others -Sustainability issues in Indian universities of Higher education Brundtland Commission. ( 1987) World commission on environment and development. Our common future. Oxford, United Kingdom: Oxford University Press; 1987. Leal Filho, Walter (ed.)( 2012 )Sustainable Development at Universities: New Horizons Series:Umweltbildung, Umweltkommunikation und Nachhaltigkeit / Environmental Education, Communication and Sustainability- Volume 34: 2012 Alshuwaikhat.H.M,Abubakar I (2008)â€Å"An integrated approach to achieving campus sustainability: assessment if the current campus environmental management practice†, Journal of Cleaner Production2008 ********************

Economics of Consumption Tax on Unhealthy Goods.

Economics of Consumption Tax on Unhealthy Goods. Introduction: Unhealthy consumption prevails in the fields of nutrition, energy and transport. Taxing is one a solution to provide a healthier living. With globalization, qualities of goods do fail to meet the international standards. International movements of goods which damage health are increasing with Cross border marketing, promoting unhealthy behaviours of alcohol and tobacco consumption and unhealthy diets. (Richard Smith, 2003). The report narrows down to Daily life consumption of tobacco and alcohol considering the impact of individual’s income, price of the produce and the substitutions available briefing on supply and demand. The taxing of unhealthy goods is segmented under consumption taxation rather than on income. For addictive goods, the level of consumption today not only causes harm tomorrow, but also increases the marginal benefit of future consumption. Literally every country charges through some sort of ad valorem tax through value added tax, sales tax or an expenditure tax. Economic Models to study Demand for Cigarettes: Studies on demand for cigarettes have applied several types of economic models to different types of data with various estimation techniques. In general, two types of economic models are used: the conventional demand model and the addictive demand model. These models have been applied to two types of data: aggregate level data including time-series data for a single geographical unit and pooled cross-sectional time-series data, and individual level of survey data. Conventional demand models which use aggregate data normally specify the demand equation in a way that the quantity of cigarettes demanded is a function of cigarette prices, income, tobacco control policies and a variety of socioeconomic and demographic factors. But there are two exceptions (Baltagi and Goel, 1987; Peterson et al. , 1992), in which a quasi-experiment approach was used to compare changes in cigarette consumption in states in the United States that have raised cigarette taxes to consumption in states where taxes have not changed. A small but growing number of studies have used data on individuals taken from large-scale surveys (Lewit et al. , 1981; Lewit and Coate, 1982; Grossman et al. , 1983; Chaloupka and Pacula, 1998; Farrelly et al. , 1998). These studies differ from those using aggregated data, in that they normally estimate a two-part model, by estimating firstly the probability that an individual will smoke and, secondly, the level of consumption among smokers. The conventional demand model does not account for the addictive nature of cigarette smoking. There are several versions of the addictive model that have been used for studying the demand for cigarettes: the imperfectly rational addiction model, myopic addiction model and rational addiction model (Chaloupka and Warner, 1999). The rational addictive model is the most recent model used for modelling demand for cigarettes (Becker and Murphy, 1988; Becker et al. , 1991; Pekurinen, 1991; Chaloupka, 1990, 1991, 1992; Keeler et al. , 1993). The rationality here simply implies that individuals incorporate the interdependence between past, current, and future consumption into their utility maximization processes. This is in contrast to the assumption, implicit in myopic models of addictive behaviours, that future implications are ignored when making the current decision. Empirically, the demand equation is specified as the quantity of cigarettes demanded in the current period being a function of both past and future consumption as well as those other factors included in the conventional demand model. Becker and Murphy (1988) and Becker et al. (1991) developed several hypotheses from the basic rational addiction model. First, the quantities of the addictive good consumed in different time periods are complementary. As a result, current consumption of an addictive good is inversely related to not only the current prices of the good, but also to the all past and future prices. Consequently, the long-term effect of a permanent change in prices will exceed the short-term effect. Moreover, the ratio of the long-term to short-term price effect increases as the degree of addition rises. In addition, the model predicts that the impact of an nticipated price change will be greater than that of a comparable un-anticipated price change, while a permanent price change will have a larger impact on demand than a temporary price change. Finally, price responsiveness varies with time preference: addicts with higher discount rates will be more responsive to changes in money prices that those with lower discount rates. Specific variables included in the demand model of each study vary, depending on the economic mode l used and the availability and type of the data. Important factors that have been evaluated include costs of cigarette smoking, consumers’ income, cigarette advertising and other promotion activities, and health information. The cost of cigarette smoking should be defined broadly, including not only the purchase price of cigarettes, but the time and other costs associated with smoking. Restrictions on smoking in public places and private work sites, for example, impose additional costs on smokers by forcing them outdoors to smoke, by increasing the time and discomfort associated with smoking, or by imposing fines for smoking in restricted areas. Similarly, limits on access to tobacco by youth may increase the time and potential legal costs associated with smoking. Supply and Demand- Price Elasticities : Cigarette consumption is found to be negatively related to price. The estimated price elasticity from those studies using aggregated data varies from -0. 14 to -1. 23, but most fall in the narrower range from -0. 3 to -0. 5, including the result from the two quasi-experimental studies (Baltagi and Goel, 1987; Peterson et al. , 1992). The estimated price elasticities from the studies using individual-level data, in general, are comparable to those estimates from the studies using the aggregate data. Nearly all of the studies of the price-demand relationship focus on the developed countries. Warner (1990) argued that price responsiveness in less developed countries is likely to be greater than in more developed countries, given the relatively low incomes and relatively lower level of cigarette consumption by smokers in poor countries. Are young smokers more or less sensitive to prices? The question of whether youth are more or less responsive to prices than are adults has been examined in a number of studies using individual-level data (Lewit, et al. , 1981; Lewit and Coate, 1982; Grossman et al. , 1983; Chaloupka, 1998). Findings from those studies are mixed. The earlier studies on this issue found that youth are more sensitive to prices than are adults. This result, however, was challenged by the study done by Wasserman et al. (1991), which found that the price responsiveness of youth was not significantly different from that of adults. Recent studies of youth and young adult smoking (Chaloupka and Grossman, 1996; Farrelly et al. , 1998; Tauras and Chaloupka, 1998) generally supported the earlier results that the price sensitivity of cigarette demand was inversely related to age. Those recent studies estimated the price elasticity of demand for cigarettes by youth was between -1. 1 and -1. 3, very similar to -1. 44 estimated Lewit et al. in1981. The price responsiveness of sub-population groups by income levels has been investigated by a number of researchers (Chaloupka, 1991; Townsend et al. , 1994; Farrelly et al. , 1998). Results from those studies indicate that cigarette demand is less price elastic for more educated or higher income individuals. The economics of â€Å"sin taxes†: Economists always draw sharp distinction between private costs and benefits and externalities. Where goods generate externalities when consumed, and where consumers make well informed, rational choices, efficient consumption choices would be made if tax levied at rate equal to marginal external cost. The 3 main categories of smoking and drinking externalities: -Direct externalities like Costs of passive smoking, Injury to victims of alcohol-fuelled violence and accidents. Costs of collectively-funded medical treatment and care– Treatment of the individual smoker / drinker for tobacco / alcohol –related conditions, other differences in medical treatment and care costs arising from individual consumption. -Other net public expenditure effects like forgone pensions and revenue effects. Under perfect compet ition the supply curve is the marginal cost to the firms in the business. Any costs that are borne by neither the seller nor the buyer must be added to these costs to create the social cost of the good. On the assumption that the only people who benefit from the consumption of the goods are the consumer themselves, the demand curve is the social benefit curve. |Figure 1 : Modelling Externalities | | | |[pic] | |Source :Issues in Economics Today, Robert | So, instead of coming to the market solution of a price-quantity combination P*-Q*, the socially optimal combination is P`-Q`. That is, if there is a market for a good where some of the costs spill over to others, then the market will produce too much of the good and charge too little for it. Modeling Taxes – Government Intervention To correct an externality, we can tax the osffending good, we can limit its use, and we can forbid its use. Of these options, taxes are most appealing to economists, as they allow people who are willing to pay all of the costs of their consumption to go ahead and consume. Using taxes in this way has the positive effect of discouraging those people who are not willing to pay the costs from becoming consumers of the undesirable or unhealthy good. |Figure 2 : Effect of Tax | | | |[pic] | |Source :Economics, John Sloman | When a tax is imposed on a good, this will have the effect of shifting the supply curve upwards by the amount of the tax. In the case of a specific tax, it will be a parallel shift, since the amount of the tax is the same at all prices. In the case of an advalorem tax, the curve will swing upwards. At a zero price there would be no tax and hence no shifts in the supply curve. As price rises, so the gap between the original and new supply curves will widen, since a given percentage tax will be a larger absolute amount the higher the price. The curve shift upwards by the amount of the tax because the firm is persuaded to produce the same quantity as before the imposition of the tax(Q1),and they must now receive a price which allows them fully to recoup the tax they have to pay(P1 + tax). The effect of the tax is to raise price and reduce quantity. Price will not rise by the full amount of the tax, however, because the demand curve is downward sloping. The price rises only to P2. Thus the burden or incidence of such taxes is distributed between consumers and producers. Consumers pay to the extent that price rises. Producers pay to the extent this rise in price is not sufficient to cover the tax. Discussions Increase in price of A will Increase the demand for B and vice versa. High taxation should relatively increase the consumption of quality goods. When related with the income of the general public the consumption is high when the income is high and would prefer luxury products over cheaper items. The availability of alternatives impact the consumption behaviour, people move towards cheaper produces. The consumption level is cut-down by stages and level of quitting or rehabilitation stages increase with alcohol than cigarettes with a relative cheaper price tag (diminishing marginal rate of substitution). The alternative of direct consumption of tobacco (oral or nasal stuffs) are taxed less than the branded cigarettes for example, some tax higher tar and nicotine cigarettes at higher rates than lower tar or nicotine cigarettes, while others impose lower taxes on smaller and/or filtered cigarettes than on longer and/or unfiltered cigarettes. The structure of tobacco taxes in most countries is a mix of both specific and ad valorem taxes that varies across tobacco products. (Frank J. Chaloupka et al) The consumption levels are just a trade-off between the available choices. The positive effect of tax is over powered by the illegal substitutes of drugs and addictive consumption. In addition, many suggest that ad valorem taxes are likely to lead to reductions in average product quality as producers and consumers switch to lower cost tobacco products (Barzel, 1976; British American Tobacco, 1994; Sobel and Garrett, 1997). The high market price will catalyze higher criminal activities as it becomes a habit to consume illegal products with the demand being almost constant. With increase in price the supply tends to increase. But in the addictive market, the supply curve facing issues of quality uncertainty tends to move upward depicting the decrease in supply even if the product is in the thick market. The supply curve literally becomes vertical reflecting on whatever the price market will bear even in the presence of multiple entrants. In the short run, with the demand being highly in-elastic, suppliers would enjoy setting up high price benefit from a high margin of profit after tax. Fluctuating around the firms’ marginal cost, higher prices does not bring in extra supply power. Rather excise tax on tobacco and alcohol are highly regressive in a longer-run where it is a loss to the firm making to exit from the industry. A tax increases the cost of selling each unit of a product and therefore usually decreases the willingness of sellers to supply given quantities. (Joseph J. Cordes et al, 2005). The higher the price elasticity of supply of a good or service, the greater the excess burden of a tax on its sale and vice versa. Conclusion: One can conclude the inelasticity of the demands for unhealthy goods (tobacco and alcohol) increases the consumption taxation as a whole with increase in revenue for the government. On a long run, chances are high for a shift towards elastic demand with respect to the prices. This allows a room for thinking for the policy makers to improve on the taxation procedure by concentrating on the supply side more than the consumer side of the market. References: Becker GS et al. (1991). ‘Rational addiction and the effect of price on consumption’. American Economic Review . Vol. 81 (2),pp. 237-41. Becker GS, et al (1994). ‘An empirical analysis of cigarette addiction’. American Economic Review. Vol. 84(3), pp. 396-418. Becker & Murphy KM (1988). ‘A theory of rational addiction’. Journal of Political Economy. Vol. 96(4), pp. 675-700 Chaloupka FJ. (1991). ‘Rational addictive behavior and cigarette smoking’. Journal of Political Economy . Vol. 99(4),pp. 722-42. Chaloupka FJ. (1998). ‘The Impact of Proposed Cigarette Price Increases’. Policy Analysis No. 9, Health Sciences Analysis Project. Washington: Advocacy Institute. Chaloupka FJ & Pacula RL. (1998). ‘An Examination of Gender and Race Differences in Youth Smoking Responsiveness to Price and Tobacco Control Policies’. National Bureau of Economic Research Working Paper No. 6541. Chaloupka FJ, Warner KE . (1999). ‘The economics of smoking’. In: Newhouse JP, Culyer AJ, editors. The Handbook of Health Economics. Ediiton. 1, Chapter. 29, pp. 1539-1627. Chaloupka FJ, Wechsler H. (1997). ‘Price tobacco control policies and smoking among young adults’. Journal of Health Economics. Vol. 16(3), pp. 359-73. Peter Earl, Tim Wakeley (2005). Business Economics: A Contemporary Approach. Berkshire: McGraw – Hill Education. Frank, R. (2008). ‘The Economic Naturalist: Why Economics Explains Almost Everything’. Virgin Books. John Sloman (2000). Economics. (Fourth Edition). Essex. : Prentice Hall. Joseph et al(2005). Encyclopedia of taxation and tax policy’. (Second Edition). Washiington. : Urban Institute Press Mirrlees, J. , (2000). ‘What taxes should there be? ’. Paper Presented at the 7th Annual Conference, Toulouse, France. March 24. Robert C. Guell (2005). ‘Issues in Economics Today’ (Second Edition). New York. :Tata Mcgraw Hill -Irwin Selected case studies: ‘Issues in the global tobacco economy’. Food and Agriculture Organ ization of the United Nations,Rome, 2003. ———————– Word Count: 2192

Fast food restaurant Essay

In 1921, after World War 1, vehicles became more popular and more affordable for the middle class; therefore, drive-in restaurants were introduced. Founded by Billy Ingram and Walter Anderson, the American Company White Castle, is generally credited with opening the second fast food outlet and first hamburger chain. Walter Anderson had built the first drive-in restaurant in Wichita in 1916, introducing a low cost and high speed hamburger restaurant. White Castle was tremendously successful from the beginning and produced numerous competitors. Then, franchising was introduced by A&W Root Beer, which franchised its distinctive syrup. Howard Johnson’s first franchised the restaurant concept in the mid-1930s, formally standardizing menus, signage and advertising. Moreover, in 2006, the global fast food market grew by 4. 8% and reached a value of 102. 4 billion dollars. Shockingly, in India alone, the fast food industry was growing by 41% a year. Today, the United States has the main fast food industry in the world, having roughly 2 million U. S. workers employed in the areas of food preparation and food servicing. Leader in the Fast Food Industry: A&W, McDonalds, Subway†¦? The fast-food industry or quick service restaurants are thriving. The food industry is let by fast food restaurants which are responsible for 72. 8% of the whole food industry revenues. In North America, McDonald’s is followed by Subway, Burger King, Wendy’s, Starbucks, Taco Bell, Dunkin’ Donuts, Pizza Hut, KFC. All in particular order to the amount of sales in North America in 2010. McDonald’s is the industry leader, with revenues that are 3 times to the next on the list. They are very much concentrated on low prices and getting the customer as quick as possible out the door, which appeals a lot to families that want a cheap, fun and safe place to eat. In today’s modern society, time is a very essential and limited factor; society is very preoccupied with everything else going on, their eating habits become irrelevant. This is where fast food restaurants such as McDonalds, have a great success preparing their food in record time, making more time for other and more important tasks. Fast Food Trends Over the last decade there has been increased focus on the quality of food served in fast food restaurants. â€Å"New† fast food versus old fast food, which essentially means that throughout the past years, many fast food businesses started to develop. And two â€Å"leagues† of fast food restaurants have emerged. â€Å"Old† fast foods and â€Å"new† fast foods, the old fast foods consist of companies like McDonald’s and smaller companies like Burger King and Yum! Brands (Taco Bell, KFC, Arby’s and Wendy’s). â€Å"New† fast foots are â€Å"Chipotle Mexican Grill†, â€Å"Panera Bread†, â€Å"Five Guys† and Oqdoba all owned by â€Å"Jack in the box† which is a member of the old fast food league. Both leagues have very similar attributes. They both serve inexpensive food in a casual matter while keeping a fast tempo. But the players in the â€Å"new† league have introduced higher-quality menu items, making the consumer’s experience more similar to a traditional restaurant dining casually at a table, rather than being in and out of the fast food restaurant with a greasy bag of food. Typically highly processed and industrial in preparation, much of the food is high in fat and has been shown to increase body mass index and cause weight gain. Popular books such as Fast Food Nation and documentaries like â€Å"Super Size Me† have amplified public awareness of the negative health consequences of fast food. These documentaries have had a huge impact on fast food restaurants who were indirectly obliged to respond to this trend if they wanted to keep most of their clientele. AMERICAN DIETARY TRENDS, BY DECADE | Historical Events| Food Trends of the Time| 1950–1959| – Mothers returning to the home after the war effort – Postwar baby boom – Construction of the national highway system| – Packaged meals available – First TV dinner (Swanson), 1953 – Rise of hamburger chains along highways; Oscar Mayer â€Å"Wiener-Mobile†| 1960–1969| – Growing middle class with money to spend. – Growing social unrest over the Vietnam War in late 1960s| – Introduction of Julia Child’s French cooking – â€Å"Hippies† bring back demand for unprocessed, made-from-scratch foods – Vegetarian trend starts| 1970–1979| – End of Vietnam War – Watergate scandal – Growing inflation – Major influx of Asians due to Immigration Act of 1965| – Continued demand for organic and fresh: â€Å"California Cuisine† – Elaborate dinner parties with ethnic dishes – Growing appetite for Asian cuisine| 1980–1989| – Stock market plummet of 1987| – â€Å"Nouvelle Cuisine† is the thing du jour–diners willing to pay more to eat less – Return to simplicity in late 1980s. – Exploration of different tastes (e. g. , TexMex, Ethiopian, Southwestern)| 1990–1999| – Introduction of the Internet puts foods at consumers fingertips| – Everything reduced-fat, low-fat, fat-free – Naturally healthy cuisines (Mediterranean) – New movement toward simplicity| Segments in Fast Food Industry When observing the fast food industry, it is obvious that restaurants specialize in certain fat foods. In fact, fast food restaurants can be divided in eight categories: Asian food, burgers, sea food, pizza/pasta, snacks, chicken, Mexican food and sandwiches. The different segments distinguishes the direct competitors such as McDonalds and Carl’s Jr. trying to sell/make the best burgers and the indirect competitors such as Quizno’s who specialize in sandwiches and Domino’s Pizza who focuses on promoting their delicious pizza but still tries to sell sandwiches. All fast food restaurants fiercely compete with each other to sell not only their speciality but have the most sales in general. In 2010, as being the leader of the fast food industry, McDonald’s was and is still at the top of the burger category, with more than $32 billion in system wide sales. The winners for the other categories were Taco Bell for the Mexican segment, KFC for the chicken category, Pizza Hut for the Pizza and Pasta brands, and Long John Silver’s winning the Seafood segment. The graph demonstrates the different segments of the fast food industry as well as the restaurants and their rankings. QSR 50 Rank| Company| Segment| 22| Panda Express| asian| 3| Burger King*2| burger| 23| Carl’s Jr. *| burger| 34| Checkers/Rally’s| burger| 33| Culver’s| burger| 16| Dairy Queen*| burger| 30| Five Guys Burgers & Fries| burger| 19| Hardee’s*| burger|. 45| In-N-Out Burger*| burger| 15| Jack in the Box| burger| 50| Krystal*| burger| 1| McDonald’s| burger| 10| Sonic| burger| 27| Steak N Shake*| burger| 4| Wendy’s*| burger| 25| Whataburger| burger| 40| White Castle*| burger| 31| Bojangles’| chicken| 41| Boston Market*| chicken| 11| Chick-fil-A| chicken| 26| Church’s Chicken| chicken| 38| El Pollo Loco| chicken| 9| KFC| chicken| 20| Popeyes*| chicken| 28| Zaxby’s| chicken| 18| Chipotle| mexican| 36| Del Taco| mexican| 44| Qdoba| mexican| 6| Taco Bell| mexican| 39| CiCi’s Pizza*| pizza/pasta| 12| Domino’s Pizza*| pizza/pasta|. 24| Little Caesars*| pizza/pasta| 35| Papa Murphy’s| pizza/pasta| 17| Papa John’s| pizza/pasta| 8| Pizza Hut| pizza/pasta| 43| Sbarro*| pizza/pasta| 14| Arby’s| sandwich| 48| Einstein Bros. Bagels*| sandwich| 42| Jason’s Deli| sandwich| 29| Jimmy John’s*| sandwich| 13| Panera Bread| sandwich| 21| Quiznos*| sandwich| 2| Subway*| sandwich| 47| Captain D’s| seafood| 32| Long John Silver’s*| seafood| 37| Baskin Robbins*| snack| 49| Cold Stone Creamery| snack| 7| Dunkin’ Donuts*| snack| 5| Starbucks*| snack| 46| Tim Hortons1| snack| Own A Fast Food Restaurant: a Bad or Good Idea? It is not a very good and viable industry for anyone to enter. The global economy shifts have been proven to highly affect certain fast food companies. Fast food companies were once thought to be immune to recessions, because of their low prices and fast service because logically in a recession, consumers have to cut spending. Many consumers â€Å"traded down†, from casual restaurants to fast food restaurants because of the cheap BigMacs, Whoppers and $1 value meals. As a result, fast-food chains have weathered the recession better than their pricier competitors. In 2009 sales at full-service restaurants in America fell by more than 6%, but total sales remained about the same at fast-food chains. In some markets, such as Japan, France and Britain, total spending on fast food increased. Same-store sales in America at McDonald’s, the world’s largest fast-food company, did not decline throughout the downturn. Panera Bread, an American fast-food chain known for its fresh ingredients, performed well, too: its boss, Ron Shaich, claims this is because it offers higher-quality food at lower prices than restaurants. Money can be a big problem in terms of starting a business in the fast food industry. Rising prices have also significantly affected many fast food franchises. With food and beverage inputs making up approximately 33% of costs, higher prices for livestock, corn, wheat and more have seriously shrunk margins over the past decade. In such a fiercely competitive space it is impossible to force a price increase on customers, so profit margins are often south of 10%. The recent economic recession did lower commodity prices, but the recession brought on its own complications, and now prices for commodity inputs are on the rise again. Direct and Indirect Competitors. Direct competitors in the fast food industry are the companies that produces and sells an almost identical product which they offer for sale within the same market as those produced by one or more other companies. McDonalds and Burger King compete directly with each other, Wendy’s and A&W also compete directly because they have a very similar product and service. If a customer really wants a burger and fries, he or she will not go at the other end of town just to get to their favorite burger place, they will settle for a very similar product within a closer proximity. Indirect competitors in the fast food industry are the companies or services that are not similar to each other and that share very different characteristics about their product or service. A good example of an indirect competition in the fast food industry could be restaurants such as Swiss Chalet or a sandwich shop and a Panda Express, both are fast food restaurants but they compete indirectly with each other because one customer may want to eat an Asian dish but not wanting to eat a sandwich, this leading to the customer going as far as it takes to go eat an Asian dish. All in all, fast food is not only about a fast service or eating fattening food , it requires a lot of knowledge and time to make these franchises work and make an ever growing profit. Over the past years and the years to come, McDonalds has and will obviously be the number one leader in the fast food industry because of their extraordinary service, delicious food and their 34,000 restaurants all over the world. However, as years go by, obesity is becoming a huge problem as thousands of kids and adults are attained of heart problems, therefore, decreasing the amount of clients who eat fast food yearly. Trends are changing and people are starting to eat a lot healthier realising how significant it is to take care of their body. In the next century, will fast food restaurants become a thing of the past or will they find a way to stay their clients number one’s solution when it comes to filling up their stomach? Only time will tell†¦

Analysis Of Andrew Jackson s Life And Presidency Fall...

When it comes to the study of American History, we tend to focus on the favorable, nationalistic inspiring narratives. In these narratives we analyses the many presidents, assassins, or military leaders in their gain of God, glory and gold. Some people, we study, for who they are their accomplishments and achievements. We look at how they helped progress America, and in some cases, we look at how they ruined America. One former president gets the popularity of either being America’s top leader or most questioned. Our seventh president, nicknamed King Jackson and Old Hickory, hails from the state of Tennessee. President Andrew Jackson is one of the most scrutinized politicians in American history. It is the objective to present the arguments of our colleagues on the interpretations of Andrew Jackson, as his life and presidency fall under constant scrutiny. If the writing of American history is more interdisciplinary today than those fifteen years ago, not all fields have borrowed from the social sciences at the same time. The literature of Jacksonian politics, regardless of some exceptions, seems less open to innovations than other fields whose learning discussed habitually in interdisciplinary forums. Jacksonian scholars seem dawdling, also, to incorporate into their studies revisionists social histories of significance to the period’s politics. Yet some questions about politics in the quarter century before 1850 increasingly elicit cross-disciplinary responses oriented toShow MoreRelatedContemporary Issues in Management Accounting211377 Words   |  846 PagesAll rights reserved. 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