Types of Businesses in Food and Beverage Industries
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Added on 2023/01/18
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This article discusses the different types of businesses in the food and beverage industries, such as catering, grocery stores, bars, and restaurants. It explores their roles and contributions to the industry.
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FBOM FACTSHEET 1 INTRODUCTION .Food and beverages operation management is a very wide aspect of the hospitality industry as it helped to provide the better and smooth flow of the industry in the economy. The food and beverage service involves all the raw materials and the process to make them into the final product which the population likes. Food involves all the eatery products which are available in the world it can be processed or fresh and the beverages are the drinks alcoholic or non alcoholic which provide relaxation to the person who is consuming it 1. Explain different types of businesses in food and beverage industries Catering: Catering is the type of business which provide their services to a remote destination and it is generally in some type of events or functions where there are large crowd of people and the food department is being hired by the catering businesses. In catering there are all types of arrangement which make the event much more worthy. Grocery stores: It is store where all the types of vegetables and fruits are available in the raw state for the people to directly purchase and due to the increase in the health conscious of the people the vegetable grocery store with the organic vegetables and fruits help the business to increase the profits and also support the economy. Bars: Bars are the place which is registered legally to sell the alcohol and other drinks and it also provide the relation to the body. The alcohol consumption in the recent trends have increased and the business of the bar owners have also increased. Restaurants: Restaurants are the place where the people can go out to eat and also enjoy the peaceful environment with better services and increased satisfaction of the customers. The Ledbury is also a restaurant which provides different variety of food to the customers according to the taste and preferences and price range. It is the business which also provide with the drinks and food at the same time with the proper sitting arrangement to make the customers more comfortable at their visit. . .
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FBOM FACTSHEET 2 REFERENCES Books and Journals Explain the rating system nationally and internationally for food and beverages industry . Graphic rating scale:This rating system helps the business and customers to take the feedback from the customers in the graphical manner in which the customers have to choose between their experiences and also answer the correct point to give the accurate feedback. Numerical Rating System:In this rating system the restaurant uses the number to take the feed back about the services and the quality of food which is served to the customers. Ledbury uses the visual analogy and semantic differential rating scales to analyse the different factors of their services and also help the customers to get satisfied by improving the services. For example Ledbury have made a sheet for analysing the satisfaction level of the customers from 1 to 5 where 1 is not satisfied and 5 is very satisfied. Descriptive Rating system: In this rating system the business try to take the feedback in the form of description about the food and services they have provided to the customers and also analyse all the negative issues which caused in the failure to satisfy the customers. Comparative Rating System:In this rating system the customers have to answer the question of which is compared to the other product so that they can evaluate the proper utility of the food and product the business id providing. References: Blažková,I.,2016.Convergenceofmarketconcentration: evidence from Czech food processing sectors.AGRIS on- line Papers in Economic daSilvaLopes,T.,2015.ASystemsViewofCorporate Diversification:TheCaseoftheGlobalAlcoholic BeveragesIndustry.InternationalStudiesof Management & Organization. 45(4). pp.342-358. Hall, J.H., 2016. Industry-specific determinants of shareholder value creation. Studies in Economics and Finance.33(2). pp.190-208. Phillipov, M., 2016. Using media to promote artisan food and beverages: insights from the television industry.British food journal.118(3). pp.588-602. Rezitis, A.N. and Kalantzi, M.A., 2016. Investigating technical efficiencyanditsdeterminantsbydataenvelopment analysis: An application in the Greek food and beverages manufacturing industry.Agribusiness.32(2). pp.254-271.
FBOM FACTSHEET 3 Critical analyses of adapting future trends 1.Food Technology- the market is changing and the big multinational companies are emerging with the new food delivery services at the door step tom provide the services to the customers and also increase their satisfaction level. The increase in technology also increases the sales of the restaurants in the area and make them more efficient in doing their operations. The food industry have also adopted many advanced technology which help the customer to increase the experience in the restaurants. 2.The customers will decease the demand of the market food and be more preferred to eat at the home made the food industry is also making the home cook food which will help the health conscious customers be in the loop and also help the industry to grow. Discuss current and future trends Plant food- The increase in the customers demand in the food industry have also ,make them more conscious about the quality and health aspects which is caused by the food they et. So the customersnow prefer to eat healthy and organic in order to be Heathy and stable. Restaurants in the industry also have to adopt with the current market trend to increase the sale of their business. Instagram- in present day the technology have grown increasingly and the social media is also one of them are very person can easily access their social media feeds very easily which also help the food industry to increase their promotion by posting photos of the food which they are going to offer to the customers. The food business also promote the people to suggest all their close friends and family to visit the restaurant but that is not enough. Using alternative Proteins- the restaurants have also derived that there are some raw materials which have the proper proteins and healthy fibres which can hep the customers to increase their health and also ,maintain them properly. (Oliveira, de Moura and Cunha, 2016) The industry have also found the better cure to avoid the diseases which is caused by eating of meat as the food industry have innovated the lab meat in which there is ample of protein and infections and fully heathy. Food Wastes-The industry have also analysed that the business s increasing the sales and also increasing the economic growth but there is a lot of waste of the food. As the food industry also use the products to make the food which are not bio degradable in the environment and also harm the environment very much. . .
Fact sheet 4 Comparison of operational technologies PLCSCADA Programmablelogiccontrolleristhedigitalized computer systems which help the business to control all the functions which are done automatic and does not need any human interference like robot, robotic calling. Supervisory control and data acquisition is the system whichhelpthebusinesstoincreasetheirdata information with the help of their data and make the business more effective. It also helps the businesses to communicate properly. The system is self-sufficient to take all the decision and solvealltheproblemswhichhaveoccurredinthe system with the help of any external resources. It helps the business to increase the operation by proving somedifferentlevelofnetworkwhichconnectthe business with all the operations and help them to make effective decisions. Importance of Marketing Technology The use of marketing technology will help the business to be more effective and also help them to increase their customer base by making the effective strategies which will attract them. The investment in marketing technology will decrease the time of result which will be taken by the traditional employees marketing methods. The business will also improve their services effectively with the help of new technological changes. The business have to adopt all the market trend to compete in the market and also be effective. It also lowers the cost of marketing with the use of technology in the marketing campaigns, and they will also increase the profit of the business.(Nyanjom and Wilkins, 2016) Evaluation of operational technologies on customer behaviour The customers need is also changing with these operational technologies, as now they want there needs to be satisfied as soon as possible. Also, the consumer has access to all the information available over the internet they are well informed about the product and services and their substitute. So the business has no choice but to fulfil the consumer expectation. But winning over the customers is not easy and it will require strategies and efforts to meet their expectation. For this operational technologies will be helpful, as the company will come to know about the expectation of the consumer through there feedbacks and will stay connected to the consumers. This is a very important thing for the business to keep in mind as fulfilling this expectation of the customers will help them in their long term growth opportunities.
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Fact sheet 5 Impacts of Marketing Technology on Customers Behaviours The food industry have also analysed that there is change of consumer behaviour after the adoption of technological marketing of the food businesses. The buying pattern of the consumers is very important to analyse as it will help the business to make the effective strategies to attract them and also increase the sales. The business can now use the technology to track the searches and their behaviour and preferences according to their searches on the internet and which site they visited. The consumers also get used to the calls and images of the food business that they think to order or go to any restaurant they come up with that name and which help the restaurant to increase their customers with the help of technology. (Mansour and et.al., 2019) It also hep the business to analyse the demand and supply of the consumer depending on the taste and income level as the income level is low they will go for low price food and if the income level of the consumers are high they will prefer the high quality food. Bakalis, S., Knoerzer, K. and Fryer, P.J. eds., 2015. Modeling food processing operations. Elsevier. Cuervo-Cazurra,A.,Newburry,W.andPark,S.H.,2016.Emergingmarket multinationals:Managingoperationalchallengesforsustainedinternationalgrowth. Cambridge University Press. Davis, B., Lockwood, A., Alcott, P. and Pantelidis, I.S., 2018. Food and beverage management. Routledge. Del Chiappa, G., Martin, J.C. and Roman, C., 2016. Service quality of airports' food and beverage retailers. A fuzzy approach. Journal of air transport management. 53. pp.105- 113. Dopson, L.R. and Hayes, D.K., 2015. Food and beverage cost control. John Wiley & Sons. El Demerdash, J.M., 2017. Waste management in food and beverage operations: The case of Alexandria. International Journal of Heritage, Tourism, and Hospitality. 10(2/2). Gibson,P.andParkman,R.,2018.Cruiseoperationsmanagement:Hospitality perspectives. Routledge.