Assess the economic climate of both South Korea and South Africa with respect to the food service industry. Discuss about where they stand and how competitive the marketplace is. Include a table for each country that includes current economic data (include source).© BrainMass Inc. brainmass.com June 4, 2020, 12:59 am ad1c9bdddf
Food Service industry in South Korea:
As per reports, the spending on food by Koreans is expected to grow by more than 20 percent in the next five years as people are spending more on eating out due to busier urban lifestyle and increasing number of nuclear families. New interesting food service formats are being introduced by local and foreign companies and increasing population is making the food service market more attractive. The ...
The solution assesses the economic climate of both South Korea and South Africa with respect to the food service industry.