The Food Industry

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Views: 59

Words: 1189

Pages: 5

Category: Business and Industry

Date Submitted: 03/09/2015 08:08 PM

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Abstract

Unhealthy eating can increase the likelihood of unending diseases, such as heart disease, stroke, and diabetes. Food is not just a sought-after product like any other product. Food is different from other producers on the market because it is a necessity for all humans. Fast food restaurants intentionally multiply the size of their meal courses and customer base, without disregard for the negative impact of their products. How are parents helping their family combatting this disease? Capitalism role in corporate decision making consist of personal possession of property, products and the resources of production. It is decentralized, where by the decision-making process lies with those determining their resource allowance. How the role of capitalism is plays in corporate decision making, and is it really the industry fault for our unhealthy eating?

Introduction

During the 1950s, McDonald's food chain discovered that cinema supporters were reluctant to pay for multiple packs of popcorn at a time, but were willing to pay extra for a larger size. They then created a marketing awareness into "supersizing," charging more for more significant amounts of fries and soft drinks (Richardson, 2012). In the 1980s, numerous major fast food franchises hopped on the bandwagon and started the "value meal". The value meal accomplishes the same result as supersizing by influencing their customers to pay more. The value meals provided to the consumers benefitted the franchise owner because it cost them much less than they charged for the extra amounts and provided little or no nutritional value (Peretti, 2012).

In the early 2000s, the fast food industry was confronted by proof that too much junk food causes a third kind of supersizing, obesity (Jackson, 2004). This type of supersizing can increase the likelihood of unending diseases, such as heart disease, stroke, and diabetes. The industry take on this challenge disagreeing that consumers are...