IES Management College And Research Centre

Challenges of the Fast Food Industry in India : An Integrated ISM-MICMAC Approach (Record no. 54869)

MARC details
000 -LEADER
fixed length control field 03017nam a22002177a 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20240119154235.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Hota, Jyotiranjan
9 (RLIN) 38766
245 ## - TITLE STATEMENT
Title Challenges of the Fast Food Industry in India : An Integrated ISM-MICMAC Approach
300 ## - PHYSICAL DESCRIPTION
Extent 62-78 p.
520 ## - SUMMARY, ETC.
Summary, etc Purpose : India's fast food industry was the fastest-growing in the last decade, but not everything was as shiny as it looked from the outside. Many challenges were posing a threat to the survival of this industry. So, the purpose of the present study was to conduct a structural analysis of the challenges of the fast food industry in India using interpretive structural modeling (ISM).<br/><br/>Design/Methodology/Approach : Challenges of fast food industries have been identified from the literature, which was further endorsed for significance using responses from the domain experts through a structured questionnaire. The rationale of this paper was to apply ISM to develop a hierarchical structure among the vital challenges of fast food industries in India. The ISM technique analyzed the mutual interaction and ranking among the challenges. Furthermore, MICMAC analysis was applied to explain this dependence and driving power challenges.<br/><br/>Findings : During the first phase of the research, an opinion survey of experts was endorsed. The challenges of “lack of fresh ingredients” and “availability of ready-to-eat meals” were dropped based on the t-test. ISM was applied to the validated challenges. Ten validated challenges were modeled into five levels. “Changing tastes of millennial customers” was found to be the most important challenge of the fast food industry, which appeared at the lowest level. The ISM model supported examining and building up a model of interactions, mutual influence, and relationships among the challenges faced by the fast food industry.<br/><br/>Limitations : The research work bounded the study in India, and subjectivity in expert opinion might exist.<br/><br/>Practical Implications : The study is relevant to fast food industry professionals, food delivery aggregators, and food processing and packaging professionals. They need to be aware of the lacunae, the importance of challenges, and their interdependence found out from the study for future courses of action.<br/><br/>Originality/Value : The study investigated the core challenges of the fast food industry in India. Secondly, it had methodological novelty in the context. Finally, the study led to a multidimensional implication for various stakeholders in India's fast food industry conte
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term interpretive structural modeling
Uncontrolled term fast food industry
Uncontrolled term hierarchical structure
Uncontrolled term MICMAC analysis
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Tripathy, Arvind
9 (RLIN) 38767
Personal name Deb, Mahuya
9 (RLIN) 38768
773 0# - HOST ITEM ENTRY
Host Biblionumber 30302
Host Itemnumber 83206
Main entry heading GILANI, MEENAKSHI
Place, publisher, and date of publication INDIAN JOURNAL OF MARKETING 2012 NEW DELHI
Other item identifier 55513893
Title INDIAN JOURNAL OF MARKETING
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
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    Dewey Decimal Classification     Main Library Main Library 19/01/2024   JOURNAL/MAR/Vol 53, No 9 /55513893Ja4 55513893Ja4 19/01/2024 19/01/2024

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