netrashetty
Netra Shetty
Jack in the Box (NASDAQ: JACK) is an American fast-food restaurant founded by Robert O. Peterson in 1951 in San Diego, California, where it is still headquartered today. In total, the chain has 2,200 locations, primarily serving the West Coast of the United States. California is the state with the greatest number of outlets (927), followed by Texas (611), Arizona (177), Washington (143), Nevada (77), and the bi-state St. Louis metropolitan area (72, between Missouri and Illinois). Since 2000, the company has also opened outlets in North Carolina and other Southern states.[2] The company also operates the Qdoba Mexican Grill chain.
This report covers providers of legal services. This includes solicitors, barristers and legal aid offices. Conveyancing services provided by lawyers and patent offices also form part of this report. This report does not include services provided by in-house legal teams.
The About this Industry chapter provides general information about the scope of the industry such as an industry definition and a list of the main activities of the industry.
The Industry at a Glance chapter provides a brief snapshot of the key indicators of the industry such as industry revenue and forecast growth rate.
The Industry Performance chapter covers the following: Executive Summary, Key External Drivers, Current Performance, Industry Outlook and Industry Life Cycle. The Executive Summary section is a brief summary of the overall chapter. The Key External Drivers section looks at the key factors outside the control of an individual business that determine the industry's performance. The Current Performance section provides analysis for the industry over the past five years with key performance indicators discussed. The Industry Outlook section is a key analysis section of the report and outlines expectations for the key industry indicators over the next five year period, including forecasts. The Industry Life Cycle section provides a discussion of where the industry is at in its life cycle and how that is affecting industry performance.
The Products & Markets chapter covers the following: Supply Chain, Products & Services, Demand Determinants, Major Markets, International Trade and Business Locations. The Supply Chain section lists the key buying and key selling industries associated with this industry. The Products & Services section lists the products and services the industry provides including percentage breakdowns by key segment. The Demand Determinants section provides an analysis of the determinants behind the level of demand for the industry's products. The Major Markets section gives an analysis of the markets for the industry's products and how these markets may have changed over time. The International Trade section provides a discussion of the importance of trade to the industry. The Business Locations section highlights where the industry operates and why.
The Competitive Landscape chapter is a discussion of the characteristics of an average operator in the industry and who controls the market for the products of the industry. It includes the following sections: Market Share Concentration, Key Success Factors, Cost Structure Benchmarks, Basis of Competition, Barriers to Entry and Industry Globalization. The Market Share Concentration section discusses the level of concentration of the industry. The Key Success Factors section looks at the key internal factors that contribute to the success of an operator in the industry. The Cost Structure Benchmarks section discusses the average costs faced by operators in the industry. The Basis of Competition section is a discussion of the factors that can give a company in this industry a competitive edge. The Barriers to Entry section looks at the factors preventing new companies from entering the industry. The Industry Globalization section provides an indication to which the industry is affected by global operations and trends.
The Major Companies chapter analyses the companies that have the most substantial influence on the industry. Market Share figures and a discussion of the major companies operations within the industry are given where possible.
The Operating Conditions chapter covers the following: Structural Risk Index, Investment Requirements, Technology & Systems, Industry Volatility, Regulation & Policy, Industry Assistance and Taxation Issues. The Structural Risk Index section provides an indicator of the level of risk faced by operators in the industry. The Investment Requirements section is an analysis of the level of capital investment required to operate in the industry. The Technology & Systems section discusses the key technologies used by the industry. The Industry Volatility section looks at the level of in the industry and the factors behind this volatility. The Regulation & Policy section looks in to the regulatory measures the industry is subject to and the corresponding compliance burden faced by operators in the industry. The Industry Assistance section discusses the level of assistance the industry receives from Government. The Taxation Issues gives a comparison between the level of tax burden on this industry compared to other industries and discusses industry-specific taxation measures placed upon it.
The world is facing the challenge of a new food crisis as global food prices have been rising significantly since late 2010.
This is due to tight supply caused by strong demand and bad weather conditions in major agricultural producing countries.
While high food prices will benefit agricultural exporting countries, they will burden consumers, especially in low-income households. Rising food prices would also harm global economic growth and undermine social and political stability.
Key points
* After an ease in 2009 as result of weaker demand and lower fuel prices, global food prices have increased sharply again since late 2010. The United Nations Food and Agriculture Organisation (FAO)'s Food Price Index – a benchmark basket tracking the wholesale cost of 55 agricultural commodities – rose to 231 points in January 2011, the highest level since 1990, from 180 points in January 2010;
* The main reason behind the new price hike has been an unexpected shortage of food supply. Bad weather conditions have destroyed major crops in the world's key food producing countries including Australia, Russia and the USA. In January 2011, the price of wheat stood at US$327 per metric ton, significantly up from US$158 in June 2010;
* Rising oil prices, currency fluctuations and countries' policy responses are contributing to push global food prices higher. In addition, rapid population growth, a shortage of water and farmed land as well as changes in diet brought by wealth and urbanisation will continue putting an upward pressure on food prices;
* Rising food prices are reducing consumer disposable income, with poor consumers being hit hardest as they spend most of their income on essentials including food. Consumers in emerging and developing countries spent 20.1% of their total expenditure on food in 2010, compared to only 10.5% of consumers' expenditure in the developed world;
* While food-exporting countries such as Thailand, New Zealand and Argentina will benefit from higher food prices, net food-importing countries such as Egypt will suffer from higher import bills and rising trade deficit, thus affecting the countries' macroeconomic condition. Rising food prices will also result in higher inflation, more poverty and social unrest.
Prospects
The global economy is forecast to grow by 4.4% in 2011, slightly down from 4.8% in 2010. Rising food prices, however, will continue posing a major challenge to global food security and thus economic development:
* Global food prices are estimated to stay high at least in the short term until the next harvests in mid-2011, whereby the size of the crops will be critical to stabilise the international agricultural markets. Further supply shocks could result in higher food price volatility;
* Generally, the global food system is becoming more vulnerable to extreme price movements. This is due to soaring food demand, a rising dependence on international trade to meet food needs and a growing demand for food commodities from other sectors such as energy. In addition, climate change will lead to more frequent extreme weather conditions, affecting agricultural production;
* Rising food prices will continue to have negative impacts on consumers, especially on poor households in developing countries. A long period of high food prices could affect economic growth, even in the world's fast-growing economies such as China and India. Real GDP growth in China and India is forecast to decline to 9.6% and 8.4% in 2011 respectively, down from 10.3% and 9.7% in 2010;
* The new surge in international food prices has raised the global community's concern on a new food crisis and triggered policy responses to stabilise the markets. The EU planned in February 2011 to cut import duties on important agricultural commodities including wheat and barley as well as to allow additional sugar imports.
Thailand, the world's largest rice exporter, affirmed that it would maintain the country's 2011 rice exports to the same level as in 2010. In Egypt, about 85.0% of the country's bread is subsidised by the government.
This report covers providers of legal services. This includes solicitors, barristers and legal aid offices. Conveyancing services provided by lawyers and patent offices also form part of this report. This report does not include services provided by in-house legal teams.
The About this Industry chapter provides general information about the scope of the industry such as an industry definition and a list of the main activities of the industry.
The Industry at a Glance chapter provides a brief snapshot of the key indicators of the industry such as industry revenue and forecast growth rate.
The Industry Performance chapter covers the following: Executive Summary, Key External Drivers, Current Performance, Industry Outlook and Industry Life Cycle. The Executive Summary section is a brief summary of the overall chapter. The Key External Drivers section looks at the key factors outside the control of an individual business that determine the industry's performance. The Current Performance section provides analysis for the industry over the past five years with key performance indicators discussed. The Industry Outlook section is a key analysis section of the report and outlines expectations for the key industry indicators over the next five year period, including forecasts. The Industry Life Cycle section provides a discussion of where the industry is at in its life cycle and how that is affecting industry performance.
The Products & Markets chapter covers the following: Supply Chain, Products & Services, Demand Determinants, Major Markets, International Trade and Business Locations. The Supply Chain section lists the key buying and key selling industries associated with this industry. The Products & Services section lists the products and services the industry provides including percentage breakdowns by key segment. The Demand Determinants section provides an analysis of the determinants behind the level of demand for the industry's products. The Major Markets section gives an analysis of the markets for the industry's products and how these markets may have changed over time. The International Trade section provides a discussion of the importance of trade to the industry. The Business Locations section highlights where the industry operates and why.
The Competitive Landscape chapter is a discussion of the characteristics of an average operator in the industry and who controls the market for the products of the industry. It includes the following sections: Market Share Concentration, Key Success Factors, Cost Structure Benchmarks, Basis of Competition, Barriers to Entry and Industry Globalization. The Market Share Concentration section discusses the level of concentration of the industry. The Key Success Factors section looks at the key internal factors that contribute to the success of an operator in the industry. The Cost Structure Benchmarks section discusses the average costs faced by operators in the industry. The Basis of Competition section is a discussion of the factors that can give a company in this industry a competitive edge. The Barriers to Entry section looks at the factors preventing new companies from entering the industry. The Industry Globalization section provides an indication to which the industry is affected by global operations and trends.
The Major Companies chapter analyses the companies that have the most substantial influence on the industry. Market Share figures and a discussion of the major companies operations within the industry are given where possible.
The Operating Conditions chapter covers the following: Structural Risk Index, Investment Requirements, Technology & Systems, Industry Volatility, Regulation & Policy, Industry Assistance and Taxation Issues. The Structural Risk Index section provides an indicator of the level of risk faced by operators in the industry. The Investment Requirements section is an analysis of the level of capital investment required to operate in the industry. The Technology & Systems section discusses the key technologies used by the industry. The Industry Volatility section looks at the level of in the industry and the factors behind this volatility. The Regulation & Policy section looks in to the regulatory measures the industry is subject to and the corresponding compliance burden faced by operators in the industry. The Industry Assistance section discusses the level of assistance the industry receives from Government. The Taxation Issues gives a comparison between the level of tax burden on this industry compared to other industries and discusses industry-specific taxation measures placed upon it.
The world is facing the challenge of a new food crisis as global food prices have been rising significantly since late 2010.
This is due to tight supply caused by strong demand and bad weather conditions in major agricultural producing countries.
While high food prices will benefit agricultural exporting countries, they will burden consumers, especially in low-income households. Rising food prices would also harm global economic growth and undermine social and political stability.
Key points
* After an ease in 2009 as result of weaker demand and lower fuel prices, global food prices have increased sharply again since late 2010. The United Nations Food and Agriculture Organisation (FAO)'s Food Price Index – a benchmark basket tracking the wholesale cost of 55 agricultural commodities – rose to 231 points in January 2011, the highest level since 1990, from 180 points in January 2010;
* The main reason behind the new price hike has been an unexpected shortage of food supply. Bad weather conditions have destroyed major crops in the world's key food producing countries including Australia, Russia and the USA. In January 2011, the price of wheat stood at US$327 per metric ton, significantly up from US$158 in June 2010;
* Rising oil prices, currency fluctuations and countries' policy responses are contributing to push global food prices higher. In addition, rapid population growth, a shortage of water and farmed land as well as changes in diet brought by wealth and urbanisation will continue putting an upward pressure on food prices;
* Rising food prices are reducing consumer disposable income, with poor consumers being hit hardest as they spend most of their income on essentials including food. Consumers in emerging and developing countries spent 20.1% of their total expenditure on food in 2010, compared to only 10.5% of consumers' expenditure in the developed world;
* While food-exporting countries such as Thailand, New Zealand and Argentina will benefit from higher food prices, net food-importing countries such as Egypt will suffer from higher import bills and rising trade deficit, thus affecting the countries' macroeconomic condition. Rising food prices will also result in higher inflation, more poverty and social unrest.
Prospects
The global economy is forecast to grow by 4.4% in 2011, slightly down from 4.8% in 2010. Rising food prices, however, will continue posing a major challenge to global food security and thus economic development:
* Global food prices are estimated to stay high at least in the short term until the next harvests in mid-2011, whereby the size of the crops will be critical to stabilise the international agricultural markets. Further supply shocks could result in higher food price volatility;
* Generally, the global food system is becoming more vulnerable to extreme price movements. This is due to soaring food demand, a rising dependence on international trade to meet food needs and a growing demand for food commodities from other sectors such as energy. In addition, climate change will lead to more frequent extreme weather conditions, affecting agricultural production;
* Rising food prices will continue to have negative impacts on consumers, especially on poor households in developing countries. A long period of high food prices could affect economic growth, even in the world's fast-growing economies such as China and India. Real GDP growth in China and India is forecast to decline to 9.6% and 8.4% in 2011 respectively, down from 10.3% and 9.7% in 2010;
* The new surge in international food prices has raised the global community's concern on a new food crisis and triggered policy responses to stabilise the markets. The EU planned in February 2011 to cut import duties on important agricultural commodities including wheat and barley as well as to allow additional sugar imports.
Thailand, the world's largest rice exporter, affirmed that it would maintain the country's 2011 rice exports to the same level as in 2010. In Egypt, about 85.0% of the country's bread is subsidised by the government.
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