Topic: Market type

Order Description

References: Gillespie, D. (2014). Not all Big Macs are created equal. (Available at:http://davidgillespie.org/not-all-big-macs-are-created-equal/)“In the fast paced global economy of the 21st century the weary traveler often

yearns for something that
reminds them of home. And one thing that is sure to be available anywhere a jet can land is a Big Mac.
But not all Big Macs are created equal when it comes to sugar content.
In the graph above, I’ve charted
some samples of the sugar content of Big Macs around the
world. If you want more than two teaspoons of
sugar added to your burger then the US & Canada is the place to dine, with the UK and Ireland not far
behind.
The Italians dial it down a little and Australia takes it down even further but the place where a
Big
Mac contains the least sugar is in New Zealand. Go the Kiwis!

1.
As the quote reveals,
McDonalds
’ Big Macs
are
sold globally.
Create a table of Big Mac prices
from around the world. Ensure that the prices are from the same year.
Column
headings should be Country, Local currency price and Australian dollar price; row headings will be years.
Include a print screen
of the exchange rate website that you used to convert the local currency prices to
Australian dollar prices.
(10 / 40
Content marks)
2.
From the table, which country has the
highest Big Mac Price
? And which has the
lowest
? Why are these
prices
different
? Refer to macroeconomic and development indicators in the different countries.
(10 / 40 Content marks)
3
.
In which type of market does
McDonalds sells fast
food?
Explain your answer
with reference to the characteristics of markets.
(10 / 40 Content marks)
4
.
What
two changes or innovations
(something new!!)
can McDonalds adopt to keep or improve their market
share? Refer to factors affecting
demand and supply
in your answer.
(10 / 40 Content marks)

Q: Is the assignment written as an essay or a report?

A: The style of writing is ‘essay’ – good sentence and paragraph structures etc. But we would like some organisation in your assignment – relevant headings and a contents page. We don’t want to see dot point answers nor do

we want to see free-flow writing.

Q: What does the word count include?

A: The word count includes the introduction and the conclusions and everything in between. The easiest way to keep track of the word count is by highlighting from the Introduction heading to the last word of the Conclusions.

The electronic cover sheet, the contents page and the reference list are not counted. Tables, drawings, etc are counted unless you put them in an appendix after the references

Leave a Reply

Your email address will not be published. Required fields are marked *

Topic: Market type

Order Description

References: Gillespie, D. (2014). Not all Big Macs are created equal. (Available at:http://davidgillespie.org/not-all-big-macs-are-created-equal/)“In the fast paced global economy of the 21st century the weary traveler often

yearns for something that
reminds them of home. And one thing that is sure to be available anywhere a jet can land is a Big Mac.
But not all Big Macs are created equal when it comes to sugar content.
In the graph above, I’ve charted
some samples of the sugar content of Big Macs around the
world. If you want more than two teaspoons of
sugar added to your burger then the US & Canada is the place to dine, with the UK and Ireland not far
behind.
The Italians dial it down a little and Australia takes it down even further but the place where a
Big
Mac contains the least sugar is in New Zealand. Go the Kiwis!

1.
As the quote reveals,
McDonalds
’ Big Macs
are
sold globally.
Create a table of Big Mac prices
from around the world. Ensure that the prices are from the same year.
Column
headings should be Country, Local currency price and Australian dollar price; row headings will be years.
Include a print screen
of the exchange rate website that you used to convert the local currency prices to
Australian dollar prices.
(10 / 40
Content marks)
2.
From the table, which country has the
highest Big Mac Price
? And which has the
lowest
? Why are these
prices
different
? Refer to macroeconomic and development indicators in the different countries.
(10 / 40 Content marks)
3
.
In which type of market does
McDonalds sells fast
food?
Explain your answer
with reference to the characteristics of markets.
(10 / 40 Content marks)
4
.
What
two changes or innovations
(something new!!)
can McDonalds adopt to keep or improve their market
share? Refer to factors affecting
demand and supply
in your answer.
(10 / 40 Content marks)

Q: Is the assignment written as an essay or a report?

A: The style of writing is ‘essay’ – good sentence and paragraph structures etc. But we would like some organisation in your assignment – relevant headings and a contents page. We don’t want to see dot point answers nor do

we want to see free-flow writing.

Q: What does the word count include?

A: The word count includes the introduction and the conclusions and everything in between. The easiest way to keep track of the word count is by highlighting from the Introduction heading to the last word of the Conclusions.

The electronic cover sheet, the contents page and the reference list are not counted. Tables, drawings, etc are counted unless you put them in an appendix after the references

Leave a Reply

Your email address will not be published. Required fields are marked *