International Feasibility Study for Tastecard

Today, there are 195 countries in the world, but none of them are as unique as (or even similar to) France. It holds claims to some of the richest traditions and cultural heritages that have ever existed. But, these facts are not even the most impressive thing about this country: its language is way more awe-inspiring. French is the only language that is spoken on every single continent, and it has the capability to bring different countries and the world together.

The study begins by explaining how much the residents of Gourmand love good food. They love food so much that that over time, a commission of distinguished chefs had decided that not any one should be capable of opening up a restaurant. If a restaurant was to be open, a chef would have to have 21 years of training, attend a prestigious school, and obtain a license to become a chef. These guidelines would ensure that when a resident would go to a restaurant, the food would be good. The first-class quality of food consequently rose the prices of restaurant meals to become very expensive.

This paper will focus on the many elements and dimensions of France and the affect it has on the business that takes place locally and internationally. There will be constant comparisons and contrasts between France and the United States of America taking place throughout this entire research article. I will focus on how the elements and dimensions of the culture separately are adapted by the locals and integrated into everyday life and business. I will also give insight on how to conduct business in France for other countries, mainly the United States, by talking about the countries imports and exports and

The retail industry is redefining business formulas to maximize opportunities of interaction with consumers by developing service solutions to support value creation processes (Montagnini, 2009). Eataly represents an innovative, brand-new retail formula in the Italian food market, bridging retail and consumer education concepts to enhance guests value experience (Montagnini, 2009). Eataly’s business model is an attractive value proposition that has proven to be innovative and successful. This model is greatly executed by utilizing enormous spaces in high-traffic areas, which helps fulfil Eataly’s three tenants: eat, shop, and learn (Edwards, 2015).

This paper will introduce a product and service which operates in the U.S. with the intent to expand within foreign markets eventually. The service that I chose is a current service in the food service industry that does exist but would benefit from enhancing it; there are market trends for the new service that would definitely satisfy potential customers’ needs and wants once the idea is brought to their attention. The goal is to bring the feel of the city’s fine dining and lounging experience to areas outside the city without having to travel far or spend more. The service is an

The French economy is one built on capitalism and trade. Exporting many goods to areas like Africa, Asia and even the United States; roughly 27% of France’s Gross Domestic Product (GDP) is earned through manufactured goods that are exported (EW World Economy Team, 2013). In 2008 France suffered from a major financial crisis that hurt the economy. Since then the economy has been slowly recovering and continued an upward trend to this day. Each year it averages around 1.1% growth (Murphy & Romei, 2017). While this is not always above the average of the rest of other European nations as a whole, it is constant. As far as trade goes, France is the 9th largest trading partner

The French are trying to modernize its economy, but like times before when France tries to Keep Up with the Joneses its usually a difficult process. The unemployment rate reached an all-time high with almost 3.35 million out of work in France. President Hollande’s main election pledge was to cut unemployment “massively and durably;” and it has increased by about 140,000 since he took office. They were able to get public spending up and are among the highest levels in the world. (57.1% in 2013) The French economy is one of the strongest in the world. France leads in the industrial economies in automotive, aerospace, railways sectors, cosmetics, luxury goods, insurance, pharmaceuticals, telecoms, power generation, defense, agriculture and hospitality. France is one of the world’s leaders in

France, a member country of the Organization for Economic Co-operation and Development (OECD), has the total population around 63 million and steady growth rate around 0.7% (OECD, 2013). France has great performance in a number of measures of well-being. For instance, according to the OECD statistics (OECD, 2013), the average household net-adjusted disposable income of France is 28,310 USD per year, which is much more than the OECD average (23, 047 USD). Compared to the OECD average employment rate between 15 and 64 years age, which is 66%, French slightly lower (64%). However, the number is still better than most of the OECD countries such as the USA (OECD, 2013). In terms of health, life expectancy at birth in France is 82 years, which is higher than the OECD average (80 years). Specifically, life expectancy for females is 86 years while the figure for males is 79 (OECD, 2013).

The restaurant industry is said to be one of the oldest industries in the economy. As the economy and urbanization grow, so too does the industry of restaurants; it’s for this reason that the industry has been growing at a rapid pace. Even with the restaurant industry ebbing and flowing, there are still new entities entering the fray consistently. Some restaurants may close, but it will not be too long before a new restaurant opens in the place of the old one. Historically, the restaurant industry has contributed nearly 4 percent to the gross domestic product (GDP) of the United States (U.S.) economy. The most recent findings show that the restaurant industry employs more than 12.7 million people (which is approximately equal to 9 percent of the

This report analyses the expansion of Michel’s Patisserie into the Chinese market through the creation of joint venture franchise agreements. Michel’s will be evaluated based on the motivations for expanding to China, process of internationalisation, choice of entry mode, and standardisation versus adaptation decisions. This analysis will be undertaken so that recommendations can be made to determine the most effective means of securing the future success of Michel’s in Shanghai. It will be demonstrated that while the motivations for expansion were fundamentally sound

Considering France international reputation and image, it is useful to analyse its strengths and weaknesses, taking into consideration the important differences existing between standard and premium market.

Like most wealthy countries, France was affected by the Great Recession; however, France was not “hit” as hard as

Cause: never owned restaurant before, budget, must factor in: time of preparation, time of labor, amount of dishes sold, different profit by type of dinner

The paper presents an analysis of the different factors influencing the restaurant industry and how these factors increase or decrease the demand for such services. The hypothesis that will be examined is that the performance of restaurants is mostly based on the type of food chosen by customers when they decide to go out for dinner, lunch, breakfast, or simply for a snack. What type of food refers mainly the nationality or concept of the food, (traditional American, Italian, Indian, Latin, or from any other type of culture). This factor is important because when customers go out to for dinner; they decide what to eat before deciding where to eat. That is why this factor is considerably important according to the hypothesis.

Through this assessment I will be drawing my understanding based on the knowledge and my views on factors that one should consider when planning a menu and beverage list for a commercial operation. For better understanding I will be using Little Penangs menu, which is a Traditional style Malaysian restaurant based in wellington CBD, as a model for interpreting and critiquing it from a design and ergonomic perspective. Also to start with the first step in creating an à la Carte menu is to identify the customer wishes and their assumed value decisions for the daypart in question. (Barrish, 2103, p. 50) “This consists of information concerning the public’s buying preferences and how well the sellers business meets those preferences as viewed by the potential buyer”. (Kotschevar & Withrow, 2008, p. 65)