Sunday, February 25, 2007

Die econs essay, Die



I will finish this before tomorrow. I will. I must.
Maybe if I say this enough, the essay will be mysteriously written by itself.

Oh, ohh
'Reliance on unrealistic assumptions, such as the rationality postulate has resulted in a failure on the part of economic theory to capture the complexities of the real world'. Discuss

*dissolves into existential angst*

Thursday, February 15, 2007

McDonalds, McDonalds

Its been an extremely hectic week. Besides judo occupying almost the whole of Saturday and Sunday, an International History Term Paper due on Monday compounded matters. That the SEA History Term Paper and Raffles Asia Programme papers were due on the same day (Thursday) did nothing to relieve the stress. I found myself tired and listlesss during practice, that the throws were not working out, and thinking 'I need a vacation!'
BUT-- finally the week is over and I can look foward to Chinese New Year. I've borrowed DVDs from my judo coach to watch on the long journey to Malaysia, and I'll try to get rubber tubing so that I can work on my pulling and avoid going mad with boredom in godforsaken Muar.

OK, on to more interesting matters. I found this fascinating article on McDonalds.
It narrates how McDonalds has chanaged and adapted its strategy over the years. For instance, I never knew that breakfasts were one of the most lucrative times for fastfood restaurants. The article also details the exhaustive research that goes into a new product.

As dietblog says:
McDonald's CEO James Skinner claims "We've learned. We've evolved. We believe we've cracked the code in the United States."

What is the code? Americans like to eat all day long.

Most outlets are open 18 hours a day. Others are 24/7. McDonald's essentially want you to stuff yourself from dawn 'til dusk.

It seems that many customers are only too happy to oblige. After all, McDonald's have kids play areas, they have McCafe's, they have wide-screen TV's.

The salads and so-called "healthy options" are nothing but a nod in the direction of the food police. McDonald's have been talking about reducing trans fats for years. Ironically at the same time they do the talking - they come out with snacks like the chicken Snack Wrap. Each "snack" has about 330 Calories and at least a gram of good 'ole trans fats.

America: McDonald's has you under their big fat meaty thumb.

I was so intrigued by the article that I went to search for more articles on McDonalds. This one by the Economist is pretty good too.

Some interesting quotes from the Economist Article:
"Yet the really interesting thing going on here is at a hybrid restaurant, which in part uses McDonald's Japanese system—creator of the Teriyaki burger—and a new concept from Sweden, which grills burgers vertically instead of horizontally as on a traditional griddle. This new type of grill offers great space-saving possibilities—extremely useful in crowded Japan."

"The average sale in a McDonald's is just under $5. Typically what might happen is a mother comes in, buys her children a Happy Meal, and herself just a coffee. Now that salads and other lighter options have been added to the menu, many of those mothers now buy themselves a meal too, lifting the order value to around $12. The lighter options also encourage existing customers to come back more often because there is a greater variety of things to eat."
Some related, and not-so-related articles:

Saturday, February 03, 2007

My life is exciting

not

Monday to friday:
  1. Go to school
  2. Go for training
  3. Then practice piano and do school work at home
  4. Sleep
Repeat

Saturday and Sunday
sleep. do work. practice piano. train (on sun)

Yep. No exiting jaunts with boyfriends till 3 am for this girl. No watching movies everyweek and shopping. I lead a boring life.