Wednesday, 16 March 2016

Research method CLO - 3

Justification:

There are many reasons of choosing fast food industry for our research analysis. Firstly, the UAE is a good place for fast food industry business in the world where near about 37.6% people daily queue in line waiting for placing an order for meal. The fast food industry in the UAE generated 191 billion U.S. dollars in 2013. By 2018, this value was forecasted to cross 210 billion. Secondly, this state's population is very diverse, wealthy and well-travelled, creating plenty of demand for foodservice options that suit a countless of tastes as well as busy schedules. Another reason is fast food is a basic Emirati lifestyle, with consumers regularly eating out or visiting a cafĂ© to gather with family and friends, or hold a business meeting with colleagues. Even during the economic downturn, the convenience, indulgence and social opportunities found in foodservice outweighed the cost savings of cooking at home. Euro monitor predicts that by the end of 2017, as affluence grows, most Emirati consumers will turn to foodservice options for more than half of their weekly meal occasions, with the lunch hour proving particularly profitable. These are the basic reasons of studying of this topic that with this increasing trend in fast food industry, what will be the effect on the health of the people. (Foodservice Profile - The United Arab Emirates, n.d.)

Background of the Study:

There are many studies conducted on the pros and cons of the fast food industry. But in spite of this, the Dubai fast food market was valued near about $8.5 billion in 2013. Between 2009 and 2013, the market documented a compound annual growth rate of 10.4% and is expected to continue expanding, although at a little slower rate, with a growth rate of 7.7% until 2018, to reach total sales of US$12.3 billion. According to Euro monitor, the highest five companies in the market are units franchising main international brands, with Kuwait Food Co. (Yum! Brands' Kentucky Fried Chicken, and Pizza Hut), Emirates Fast Food Co. (McDonald's), Subway Arabia, First Food Services (Burger King). There are many researches has been conducted on fast food industries. One of these research says that increasing trends in fast food industry is due to the larger number of menu list which attract not only young peoples but also every age of people. Another research says that fast food industries offers variety of foods offers like: combo offers, free delivery, complementary items on every purchase and many more which attracts more and more buyers towards these services. (A research on fast food items, n.d.) Another research days that people face many diseases in this world due to fast food industries because fast food items contains a dense of calories and when person use fast food items on regular basis then he/she face the diseases of diabetes, over weighting, blood pressure etc. Things like “chicken nuggets” are made from “unknown” food products and byproducts. Consumers are not really sure what the elements are in the foods but the fast food restaurants use awkward marketing terms to sell the food.

Data Collection:

Data Collection is the procedure of collecting and gaging information on targeted variables in a recognized methodical style, which then allows one to answer appropriate questions and evaluate outcomes. In this research, we have choose quantitative and qualitative data collection method. On the base of primary data collection, we have chosen questionnaire way to know about the trend of the fast food industry. Our sample size was 100 and we have choose randomly sampling which is conducted on different fast food industries in the UAE. Secondary data collection is basically collecting data from documents, records and reports of others. For this purpose, we have studies various research paper on fast food industries and discuss their findings, we have got help from the internet by knowing different points of view of the people by checking their comments on the fast food industries.

Results:

We can see the result of our findings with the help of the chart given below:
                                                

Findings:

At the end, we can say that many people response that Fast food industry is very valuable for them. And their rates of food items are normal which not effect in their purchasing power. Between 2009 and 2013, the market recorded a compound annual growth rate of 10.4% and is expected to continue growing, although at a somewhat slower rate, with 7.7% until 2018, to reach total sales of US $12.3 billion. According to Euro monitor, the top five players in the market are entities franchising major international brands, including Kuwait Food Co. (Yum! Brands' Kentucky Fried Chicken, and Pizza Hut), Emirates Fast Food Co. (McDonald's), Subway Arabia, First Food Services (Burger King), and M H Alshaya (Starbucks, PF Chang's China Bistro, and The Cheesecake Factory). According to our survey, 59% people says that they like fast food items and remaining said that fast food items has effected on their health. 73 % people said that if fast food item has negative effect then they will leave eating fast food items and remaining peoples were oppose of this result. 56 % peoples said that fast food items fulfill our calories requirements and remaining peoples said that they don’t care whether they fulfill their calories requirement or not. They just eat for enjoying.

Bibliography

A research on fast food items. (n.d.). Retrieved from ACADEMIA: http://www.academia.edu/5374201/A_RESEARCH_ON_FAST_FOOD_ARE_WE_TAKING_IT_TOO_FAR_BY_BLAMING_FAST_FOOD_RESTAURANTS_FOR_OBESITY_WHEN_IS_IT_INDIVIDUAL_RESPONSIBILITY_AND_WHEN_IS_IT_APPROPRIATE_TO_PLACE_BLAME_BY_KAZEEM_ABDULLATEEF_OLASUPO
Foodservice Profile - The United Arab Emirates. (n.d.). Retrieved from Government of Canada: http://www.agr.gc.ca/eng/industry-markets-and-trade/statistics-and-market-information/by-region/middle-east-and-north-africa/foodservice-profile-the-united-arab-emirates/?id=1432740194697
UAE Fast food. (n.d.). Retrieved from Food Politics: how the food industry influences nutrition and health( Vol. 3 ): California Press. Data Retrieved From: https://books.google.com/books?hl=en&lr=&id=39oVBbtt6IEC&oi=fnd&pg=PP1&dq=health+risk+for+fast+food&ots=2X1JkaZIQB&sig=IqEjEJlinmF8pzct9A146Y0HMpw#v=onepage&q=health%20risk%20for%20fast%20food&f=false