Sunday, May 17, 2020

Case Study Strategic Management Of Mcdonald s - 2152 Words

Case study: strategic management of McDonald’s Content Executive summary 2 Introduction 2 PESTEL analysis 3 Political Factors 3 Economic Factors 4 Socio-Cultural Factors 4 Technological Factors 4 Environmental Factors 5 Legal Factors 5 SWOT analysis 6 Strengths 6 Weakness 7 Opportunities 7 Threats 8 Conclusion 10 Reference 11 Executive summary To check how the strategic management is practiced in the organization, McDonald’s has been taken as an example. In this essay, the general environment of fast food industry and competitive environment of McDonald’s would be analyzed. Then PESTEL method is applied to analyze the overall environment of its operation while SWOT method will be adapted to figure out the strength, weakness, threats and opportunities of McDonald’s resources by analyzing its financial and non-financial resources. Moreover, the problems of whether the McDonald’s current strategies are winning strategies can be assessed by comparing the results of the SWOT and PESTEL with the McDonald’s practiced strategic management. Specifically, to be winning strategies, three tests, namely, the fit test, the competitive test, and the performance test should be satisfied. Introduction McDonald s is the world s largest fast food restaurants chain, which is headquartered in the United States. McDonald’s actually has been expanding internationally for several decades and consequently it takes increasingly large market shares. There are key initiatives of theShow MoreRelatedMcdonalds And Human Resource Management A Strategic Approach Book Written By William P. Anthony1659 Words   |  7 PagesThis is a case study for McDonald’s corporation, which is demonstrated in Human Resource Management a strategic approach book written by William P. Anthony, K. Michele Kacmar, and Pamela L. Perrewe. Our task is to suggest different solutions to the questions which was asked in the end of case. The two questions which need to be address are: 1. What should McDonald’s do to further reduce turnover and improve its HR management? 2. As McDonald’s continues to expand internationally, discuss the manyRead MoreMcdonalds : Company Profile And Industry784 Words   |  4 Pages McDonalds Expands to Vietnam Hieu Le Columbia Southern University 3 Contents McDonalds Expands to Vietnam 3 Introduction 3 Company Profile and Industry 3 Country Description 4 Conclusion 5 McDonalds Expands to Vietnam Introduction McDonalds is one of the largest fast-food restaurants in the world, which serves burgers, soft drinks, and other type of foods and drinks as well. McDonalds was founded in 1940 by Maurice and Richard McDonald (McDonalds, 2016). The firm?s headquartersRead MoreCreation Of Strategy : How The Organization Essay1469 Words   |  6 Pagesresource in best. To make strategic decisions there are certain key questions to answer. †¢ Where is our organization standing now? †¢ If our current strategic plans is not changed, where will our organization will be in next five to ten year? †¢ If not what are the specific actions has to take? †¢ What are the outcome and risk involved? For the creation of the strategic plan there is a three stage process †¢ Analyse the organization and environment †¢ Identifies the options of strategic ideas †¢ Evaluate andRead MoreEssay about McDonalds Business Analysis1311 Words   |  6 Pagesand Maurice McDonald founded in 1948, McDonalds has grown from a small restaurant in California into one of the most recognized brands in the world with a chain of outlets that spans the globe. For over 50 years, McDonalds defined the fast food industry while indelibly etching its golden arches logo on the face of both American and global culture through such icons as character Ronald McDonald and the Big Mac sandwich. Millions of people started their very first jobs at McDonalds while even moreRead MoreStrategic Management1702 Words   |  7 Pagesï » ¿ Strategic management and leadership The organizational hierarchy and economic conditions directly impacts the roles and functions of business leaders. Therefore, it is imperative that one reviews organizational structure in order to understand leadership traits and characteristics. Due to the constantly evolving economy, companies are aiming to adopt a more elastic strategic management configuration so as to assist the maximization of the employee satisfaction and to get rid of any inflexibilityRead MoreCase Study: Macfarlanes Solutions2312 Words   |  9 PagesCase Study The Case Study concerning MacFarlane solutions is an interesting one to note down regarding strategic planning in an organization. From the information given, it appears that the small business expanded merely due to the insight of Bill MacFarlane and the planning that he gave forward. 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Wednesday, May 6, 2020

Is Shared Sense of History Possible in Australia

Is Shared Sense of History Possible in Australia? There are many issues in Australia, the most longstanding of all being between the communities within the country. The country has witnessed many wars and internal conflicts that can be termed as cultural wars. Notwithstanding these wars and the social disintegration, the Australian communities still lived within the same borders. There is therefore a debate on whether the same kind of political and social integration can exist despite these historical wars and also whether the racial and political divide will influence the integration process. Historical wars or the cultural wars can be defined as the disintegration between different Australian communities that have been longstanding†¦show more content†¦The settlement initiative by the Europeans is therefore based on the European perspective and this has for long been regarded as a worth initiative by the settlers. The Europeans therefore consider their action as settlement into a virgin land, while the aboriginals regard the initiative as a contravention into their fundamental rights and freedom. The aspects of conquest verses conquered are also terms that have been used by many historians in their explanation for the ensuing situation in Australia. While most of the historians regard the action by the whites as a conquest, the new reformist are lobbying for an opportunity of conquering the existing issues in Australia (Beckett 1988). The whites are considered to have conquered the native communities and this aspect still brings some challenges when contemplating on the possibility of having a sense of shared history. Each of the communities regards its own history with uniqueness and they therefore feel obligated to write and address their own issues independently. It therefore becomes as very important debate on whether these communities can come into a consensus and based on their histories illustrate the best methods to live in cohesion with each other. The black armband view of history isShow MoreRelatedThe importance of History, Geography, Civics and Citizenship in the Australian Curriculum943 Words   |  4 Pages The importance of History, Geography, Civics and Citizenship in the Australian Curriculum F–10 cannot be underestimated. They encourage, foster and shape key skills and practices in students; by examining their link to Australian identity it is possible to observe their importance. 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Tuesday, May 5, 2020

I Am Number Four free essay sample

There were nine. Three are dead. I Am Number Four. Nine teenagers and their guardians are holding on Earth protected by a charm that means they can only be killed in numeric order, three are already dead. John Smith is Number Four. And his mortal enemies, the Macedonian, are hunting him down The only way to keep off radar is to keep moving, never staying in one place for long. Finally In the firing line, all he can do is adopt the guise of a student and pray his unusual gifts his legacies home; Planet Lories stay hidden long enough for him to settle into this new community. But others seem to sense his otherness and when small-town life sucks him into its intrigues, its only a matter of time before his true nature is revealed. And that means theres no space for love, friendship or a future if It means protecting not only himself, but the other five MY Rating: 7. John, which is what he is called by others in the book, is a legacy from when he was born, which causes him to develop these supernatural powers that allow him to do thing imaginable. He’s on the run from the species called the mogadorians that destroyed his planet because they’re looking and trying to kill him. So John is on the run from these people trying to murder him because he is the next to die for the last three has died and he is the next. While on the run, John has to change identities and move far away from the place he was staying at before, so then he always has to meet new people, make new friends, and struggle with so much change. What was the theme of I am Number Four? I could honestly say that its role models are important. If you look at the aspects of this story you realize that John is with and taken care of by his guardian and protector throughout the story, without him he probably wouldn’t be able to survive at all. Henri is the one helping him understand his powers, and where he’s from and why are they doing what they’re doing. If you have someone to look up too, you should probably make sure they know a lot, because if you know someone that’s smart and knowledgeable to look up too, you may learn a little something about life. That’s what Henri is to John, he was especially a really good and knowledgeable role model, because of the fact is that if it wasn’t for Henri, John would’ve survived. How was the format of writing for I am Number Four? I could say that the author used creative writing. The book was amazingly creative and really interesting, the author must’ve had a real imaginative mind just thinking about the plot to this story. The structure of the story was great and was well done thought about, many things that was actually relevant to the plot. I enjoyed how he actually gave John a life, and he was engaged with relationships and friendships throughout the story. The concept was also very interesting on how he based it on a boy who was supposed to seem like a regular person but instead is a supernatural human being who is basically playing and disguised as a regular person. Reading this book was quite entertaining, because books like these show that you characters fiction or non-fiction have modern day problems. It also shows that everybody deals with struggles in life but you have to try and persevere to get past them. Role models in life are important; they can entirely change your life and make you see different and better views of the necessary things of life. Last, the creative writing used by the author made the story have a good plot, great structure, and a really interesting story.