Question

In: Economics

Based on your knowledge of the current and prehistory information of McDonalds corporation, along with various...

Based on your knowledge of the current and prehistory information of McDonalds corporation, along with various research;

1. Please conduct an Enviromental Analysis. Include the following criteria: Technological, social cultural , Economical, Political legal, International. Provide information for each aspect provided preferably in table format, sentence format is helpful as well if table format is an Inconvenienc.
Thank You

Solutions

Expert Solution

McDonald’s is undoubtedly one of the largest food chains across the world ,serving a countable infinite number of customers on a daily basis. The company has gained its name as well as fame due to several reasons. It has maintained its food quality, quick service, neat and clean ambience, ethics and several other requisite aspects for maintaining a franchise. McDonalds have achieved its unique position amidst this competitive market because of several reasons: Experienced Management, Customer-friendly policy, high-end operational system, modern infrastructure, information system etc. all have helped it all along its way since its initiation in the year 1948 in U.S.A. It was a huge success since its emergence. Since 1955 it is regarded as “McDonals Corporation” after its foundation by Ray Kroc. Post 1967 it extended its wings across the world. McDonald Corporation’s Annual Report of 2008 claims the corporation as an operative one with 3200 restaurants across 117 countries. Not only in food service retaining but it may provide huge range of opportunities for quite a large number of people worldwide. Being a large company its shareholders are also gainful to it, the reason is simple: it yields huge returns for the shareholders. However one can criticize McDonald’s for its junk food and high turnover rates.

However this was a back-story as well as a brief introduction regarding McDonald's business. Now the main answer should focus on the analysis .McDonald’s is no doubt a global icon in the fast food market and is fast becoming very popular in markets of India and China and Brazil.


Based on the above information one thing can be easily concluded that McDonald's is currently experiencing a setback from both political as well as social spheres. People has become more conscious about the risk of obesity and have realized the aftereffect of environmental degradation . So the company is continuing its process of tapping developing economies and emerging economies, on the other hand it is frequently changing its policies in North America and Europe without altering the basic framework there. So it can be said that the company has gained quite a lot of experience regarding the manipulations of market activities in order to sustain amidst the changing external conditions.


Related Solutions

Based on your current and previous knowledge regarding McDonalds Corp and along with various research. (Relate...
Based on your current and previous knowledge regarding McDonalds Corp and along with various research. (Relate to how McDonalds grew as a company since the 1940s and to current time) 1. Provide strategic options for Mcdonalds to consider based on thier weaknesses and problems. Justify your reasonings. Note: Im reading a case study on how the company progressed and struggled over time.
Based on prior knowledge and the prehistory of Mcdonalds Corporation -current time, conduct a market analysis....
Based on prior knowledge and the prehistory of Mcdonalds Corporation -current time, conduct a market analysis. Please do not simply copy a googled answer of the Internet. Internet research is fine, but conduct the analysis in your own words. Please type the answer only, as previously I have had trouble reading bad handwriting on here in the past. 1. conduct a market analysis 2. what can you conclude?
Based on information prior to 2007 and further back til 1948 , as mcdonalds corporation struggled...
Based on information prior to 2007 and further back til 1948 , as mcdonalds corporation struggled during those periods. Pretend you were in that situation as management while mcdonalds corporation was trying to adjust and compete with competitors. 1. Provide reccomendations( rather than strategic options) more of reccomendations. 2. Justify your response.
Based on your knowledge of the current status of the Pandemic, and the numerous reported progress...
Based on your knowledge of the current status of the Pandemic, and the numerous reported progress on solutions to fight it, make a forecast of the tourism sector. Specifically, use the Scenario Writing Method, write ONE (1) mini probable OPTIMISTIC scenario forecast of the tourism sector a year from now (2021)
Based on your independent knowledge of various issues related to health insurance coverage in the U.S....
Based on your independent knowledge of various issues related to health insurance coverage in the U.S. (news articles, etc), what do you believe are the biggest challenges facing the current U.S. healthcare delivery system?
Using economic theory and based on your knowledge of the Irish labour market, outline the various...
Using economic theory and based on your knowledge of the Irish labour market, outline the various factors driving Ireland's need to update the skills of its workforce.
Based on your independent knowledge of various issues related to health insurance coverage in the U.S....
Based on your independent knowledge of various issues related to health insurance coverage in the U.S. (news articles, etc) as well as the chapter readings, what do you believe are the biggest challenges facing the current U.S. healthcare delivery system?
Based on your current experience & knowledge, should drugs be legalized in the United States? Why...
Based on your current experience & knowledge, should drugs be legalized in the United States? Why or Why not? Defend your stance, not just because you think so, provide supporting documentation.
If you were an owner of a McDonalds corporation, what changes would you make in your...
If you were an owner of a McDonalds corporation, what changes would you make in your Cost Profit Volume when deciding to open a new store?
Case Study Eskom: Apply the information in the artical provided below, together with knowledge of various...
Case Study Eskom: Apply the information in the artical provided below, together with knowledge of various market structures. to explain the market structure of Eskom in South Africa. 20 MARKS Eskom our biggest threat Eskom is by far the largest of South Africa’s many state owned companies. This near monopoly power utility is in crisis. It’s the single largest threat to South Africa’s economy, according to a former minister of finance. The Conversation Africa spoke to Adjunct Professor Rod Crompton...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT