8. Hang out parlor also faces the recession attack.717550. “CONCLUSION” This was a very nice project. We got practical experience how business is done means how everything gets affected with rise and fall in any one commodity as everything is interlinked with each other. We came to know how economics is enliven in each and every commodity or product. We learnt that we can relate everything with economics and get the answers relating the data to the given theories by various economists. There were clashes amongst our group members also about how to do the project as it was very unique. It was due to clashing of viewpoints that we could come up with the best possible ideas. It was a lovely experience going to various places, talking to different people recording their opinions for further study and estimation. It was based on these recordings we prepared our diagrams. We became aware how recession not only affects theleawlas but also owners of big restaurants. How they deal with the problems and come up with a solution. With the practical experience we learnt how everything can be related to economics and get even boring things interesting. It was awesome working on this project. Thank you Sucheta mam. Looking forward for many such interesting projects. “Following is the survey we form used to do the survey” -1066800-1238250 “SURVEY FORM” Name of the Outlet: ______________________ Type of the Outlet: Fast Food Thelewala Dhaba Hangout Parlour Kind of the restaurant: Veg NonVeg Types of food available: Chinese Junk Food South Indian Punjabi Sea Food Others_______________________________________ Age wise demand for food: 5-18:__________________________________________ 18-40:_________________________________________ 40-60:_________________________________________ 60 and above: __________________________________ -2019300-952500 What increases your sales? Price Structure Complimentary Food Fashion Influence Season Atmosphere Presentation Liquor Parlour How much do you spend on your marketing? __________________________________________ Effect on Restaurants due to Malls? Positive Negative Does recession have any effect on your business? __________________________________________ Does Foreign Brands like McDonalds & Domino’s affect Local Brands? Yes No