Globalization And The Fast Food Market - 1172 Words

Dennis Asante Professor Okoror Global Health 09/17/14 Globalization It is summer in Ghana and I’m walking down a block in my neighborhood. The air is hazy and dense and the smell of food fills every corner. A city that never used to have any of foreign foods, now filled with the aroma and signs of fast food restaurants. As I walked, I realize that there was only one whole food market. Meanwhile, a McDonald’s and Kentucky Fried Chicken were seen on multiple corners. Another thing I noticed: the majority of people entering the fast food market are from places that were once filled with only traditionalists. A region where its former citizens used to invest their time in cooking local traditional food and sold them to the public and families. These same communities have now become so westernized that they neglect the traditional side of diet. Instead, everyone now focus on the new fast food market. People are flocking with their families into the fast food restaurants. Watching the differences between those who entered the supermarket and those who entered the McDonalds’s, I couldn’t help but think about complications minorities in the United States face from the fast food market. I made a very quick connection with the United States because I had an idea of how people in the US especially minorities, suffer from fast food. Some people (fast food victims) in Ghana aren’t any better than minorities in the US. The commonness of fast food in Ghana has created multiple jobs toShow MoreRelatedGlobalization in the Fast Food Industry in Indonesia1515 Words   |  7 PagesFor this essay, I have chosen the fast food industry as the industry I will look at and Indonesia as the country. Indonesia has a population of 232 million people, with the capital city Jakarta alone has 10 million people, more than twice the population of the whole of New Zealand. So Indonesia represents a huge market for industries to delve into, in 2011 Indonesia recorded US $18 billion in Foreign Domestic Investments and ranked 18t h for biggest FDI inflow. (data.worldbank.org, 2013) And on aRead MoreThe Impact Of Globalization On The People Of China1413 Words   |  6 PagesIntroduction Globalization is a worldwide growth phenomenon where economies, communities, and traditions are being integrated through increased interaction (Goodman). However, the phenomenon has come amid controversies. It has both positive and negative effects on the globe. Positive effects include globalization of western corporations that at some point had their businesses solely operating in the western nations (Goodman). Fast communication channels have interconnected people around the worldRead MoreEssay about Fast Food Globalization1351 Words   |  6 PagesFast Food Globalization Some people get confused when they hear the word, globalization. What is it? Globalization is a modern term used to describe the changes in societies and the world economy that result from dramatically increased international trade and cultural exchange. That means the world is slowly becoming one by producing goods and services in one part of the world, only to share it on an international level. This is a deeply controversial issue, however. Proponents of globalizationRead MoreCompetitive Strategies Government Policies Essay1607 Words   |  7 PagesMcDonald’s The fast food industry is a highly competitive environment. For a leading chain such as McDonalds they always need to be thinking ahead about the competition and how the economy affects their industry. Although McDonalds is one of the biggest fast food chains they have to be aware of new companies entering in to the market, mergers, globalization, pricing, and how to continuously sustain their profits. By being aware of these main points they stay ahead in their market. Next McDonaldsRead MoreEconomic Impact Of American Fast Food Upon Developing Countries Essay1736 Words   |  7 Pages Economic Impacts of American Fast Food upon Developing Countries Amanda Lee Arkansas School for Mathematics, Sciences, and the Arts Introduction Developments leading up to the 21st century are best characterized by the economic advancements found in countries all over the world. Regardless of the level of these advancements in a country, achieving higher living standards, financial stability, and overall growth of the economy are the perpetual goals for a countryRead MoreGloalization and Its Effect on Non- Western Cultures758 Words   |  4 PagesWhat is globalization and what affect does this have on Non-Western cultures? Merrim-Websters dictionary defines globalization as, â€Å"the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets†. When identifying the pieces of globalization, outsourcing may be the first thing that comes to mind. However, globalization and modernization are larger than outsourcing alone. In this paper we willRead MoreGlobalization And The World Economy And Global Markets Essay1270 Words   |  6 PagesGlobalization is often connected to the world economy and global markets. HoweverHowever, it is much deeper than economic exchange of goods; it also deals with people s lifestyles, culture, language, and identity. Many people support the ideology of globalization and believed it made the world a better place for global population by turning the whole globe into a well-connected village. However, the critics of globalization claim it made our world worse than ever before in the history, diminishingRead MoreGlobalization Is It Good Or Bad?1719 Words   |  7 Pages Abstract Globalization is the word of the XXI century, which become more and more recognized and has been present in our life for a many decades. Most people have heard that term, but far fewer people are aware of what it really means. How does it affect the public?, is it good or bad?. These types of questions everyone should ask in order to investigate the positive and negative effects of globalization. What exactly is globalization? To consider the advantages and disadvantages it is necessaryRead MoreGlobalization in Thai1612 Words   |  7 PagesGlobalization in Thailand Nowadays, many countries around the world have established gradually closer contact, which is the result of unprecedented changes in communications, multinational company, transportation, and deregulation market. This phenomenon is known as globalization. Globalization causes changes in cultures, economies, laws, migrations, and politics across the globe. There are many people from the West who know Eastern culture. For example, Asians use chopsticks to eat and bowing isRead MoreHuman Resource Planning and Development Leads to Success Essay examples1396 Words   |  6 PagesSupply: McDonalds Corporation is the leading fast food restaurant chain across the globe that serves tens of millions of customers on a daily basis. The corporation has fast food chains in more than 200 countries worldwide and customizes its food products to meet the demands of customers in these regions. This company has achieved tremendous success and profitability throughout its operations to an extent that it is regarded as the epitome of globalization. The ability of McDonalds to maintain its