Abstract
The percentage of people who often consume food-away-from home keeps growing in a modern society. Thus, food service industry represents an industry with high competition, which has quite high barriers to entry. The following paper analyzes the performance of two competitive companies, participants of this industry: Panera Bread and Starbucks. Various environmental, legal, social, and economic trends have a significant impact on the companies’ operating activities. Both companies have to follow strict Department of Labor and U.S. Equal Employment Opportunity Commission regulations. Moreover, in order to perform successfully, Panera Bread and Starbucks have to keep a track of fast Continue reading...