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PROPOSAL IN QUESTION
As a fast-food chain industry has growing globally, it was one of a major factor
that give an economic boost thru out the country. The Philippines quick service
restaurants market size was valued at $4.6 billion in 2018, and is expected to reach $7.9
billion by 2026, registering a CAGR of 6.9% from 2019 to 2026. A quick service
restaurant (QSR), also known as fast food restaurant, is a specific type of restaurant that
serves fast food cuisine and has minimum amount of table service. Moreover, quick
service restaurants are a part of a franchise or restaurant chain operation that provide
standardized ingredients, partially ready food, and supplies to every restaurant through
popularity, owing to the fact that they offer excellent customer service, food products
offered by them are inexpensive, are appetizing, and take minimal time for preparation.
Various types of quick service restaurant include fast casual restaurants and catering
trucks. Fast casual restaurants have higher sitting capacity as compared to catering
trucks.
Reference: https://www.alliedmarketresearch.com/philippines-quick-service-
restaurants-market-A06122
positive effect of fast-food chain within the proposed project in Datu Piang Street
Koronadal City, South Cotabato, identifying its effect for the community and give us a
questions for the progress of our feasibility study towards in our research.
1.) What will be the positive effect of fast-food chain in the area?