business Assignment 2
Business Assignment 2
Task 1:
Subway- is an American fast food restaurant franchise that sell sandwiches and salads. It is one of the fastest growing franchises in the world 42,777 restaurants in 108 countries. It is the largest single brand restaurant in the world and the largest restaurant operator on the globe. The SUBWAY® Brand was co-founded by Fred DeLuca, a 17-year-old college freshman, and Dr Peter Buck. The first outlet opened in Bridgeport, Connecticut on August 28, 1965 and was called Pete's Super Submarines. The first SUBWAY® franchise opened in 1974 in Wallingford, Connecticut.
McDonalds- the McDonald's Corporation is the world's largest chain of hamburger fast food restaurants. McDonald's has over 30,000 restaurants in the world, operating in over 100 countries. Within the UK, there are approximately 1200 restaurants, of which around 600 are franchises. There are approximately 85,000 people employed by McDonald's UK and over 1 million worldwide. They have a number of different suppliers and manufactures for all of our products. These suppliers are from within the UK and around the world.
Organisational Structure-
McDonalds:
a) Subway:
d) Functional Areas;
The 2 businesses which I chose have the same functional areas:
Finance:
The finance department of both of Subway & McDonalds have the job of keeping records of financial activity for example the sales made by the business and they also have to provide the manager with this information. The managers need to constantly be aware of the financial state of their business because this impacts the decisions made.
Marketing:
This involves doing some research to identify the customers’ needs and interests and to find out which type of customer they want to be aiming their product(s) at.
Production:
This can organise who makes the goods and where and when they are made. This has to be run by a manager who will be responsible for all the raw materials and goods. They also supervise activity and make
Task 1:
Subway- is an American fast food restaurant franchise that sell sandwiches and salads. It is one of the fastest growing franchises in the world 42,777 restaurants in 108 countries. It is the largest single brand restaurant in the world and the largest restaurant operator on the globe. The SUBWAY® Brand was co-founded by Fred DeLuca, a 17-year-old college freshman, and Dr Peter Buck. The first outlet opened in Bridgeport, Connecticut on August 28, 1965 and was called Pete's Super Submarines. The first SUBWAY® franchise opened in 1974 in Wallingford, Connecticut.
McDonalds- the McDonald's Corporation is the world's largest chain of hamburger fast food restaurants. McDonald's has over 30,000 restaurants in the world, operating in over 100 countries. Within the UK, there are approximately 1200 restaurants, of which around 600 are franchises. There are approximately 85,000 people employed by McDonald's UK and over 1 million worldwide. They have a number of different suppliers and manufactures for all of our products. These suppliers are from within the UK and around the world.
Organisational Structure-
McDonalds:
a) Subway:
d) Functional Areas;
The 2 businesses which I chose have the same functional areas:
Finance:
The finance department of both of Subway & McDonalds have the job of keeping records of financial activity for example the sales made by the business and they also have to provide the manager with this information. The managers need to constantly be aware of the financial state of their business because this impacts the decisions made.
Marketing:
This involves doing some research to identify the customers’ needs and interests and to find out which type of customer they want to be aiming their product(s) at.
Production:
This can organise who makes the goods and where and when they are made. This has to be run by a manager who will be responsible for all the raw materials and goods. They also supervise activity and make