The Dollar Menu Discussion Business

Anonymous
timer Asked: Feb 5th, 2019
account_balance_wallet $9.99

Question Description

https://www.businessinsider.com/the-dollar-menu-is-dead-2018-12

This article describes how the once popular dollar-menu item fast-food staple has lost its luster as menu prices increase and chains turn toward new types of deals to win over budget shoppers.

McDonalds led the charge in 2013, when it killed its famous Dollar Menu. While the economics of the menu didn't make sense, as the chain was losing money by selling certain items for $1, the loss of the menu damaged McDonald's. Traffic dropped, with executives admitting in 2017 that they needed to come up with a new value strategy.

Using one of the ethical theories you learned in this Unit, describe how you view the wisdom of the decision being made by an increasing number of fast food restaurants to do away with the popular dollar menu.

Tutor Answer

Chancellor_Ivy
School: Carnegie Mellon University

Attached.

Running head: THE DOLLAR MENU

1

The Dollar Menu
Institutional Affiliation
Name
Date

The decision being made by the numerous fast food restaurants of doing away with the
popular dollar menu seems to be such a bad idea that kills the fast food culture as well as the
economic side of the restaurants. The 2013 decision made by McDonald to end the massively
loved and preferred Dollar Menu was the beginning of restaurants losing customers and facing
tough e...

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