talking about economic companies

User Generated

Vfznrry

Economics

Principles of Microeconomics

National University

Description

class its economic then i have to find a topic

about one of the Companies or insurance companies and talk about it its only 2 pages only

first i need to do disscusion about it then i well write the assay

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Explanation & Answer

Attached.

1
Running head: McDONALDS

McDonalds Market Structure
Student's name
Student's institution

2
McDONALDS
McDonalds Market Structure
The fast-food industry is an essential sector of the economy due to the high revenue
gained from its operations. The situation shows that the industry enjoys enormous sales, which
means that the demand for fast food products is high. However, McDonalds, being one of the
most successful enterprises in the industry, expanded its product line from snacks to the
provision of healthy foods. This is due to dynamic customer preferences and tastes that affect
operations within the industry. Another reason that sparked this decision is stiff competition from
other companies such as Starbucks. However, the situation affected not only sales in McDonalds
but also its operations, for instance, the hiring of a n...

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