Preview

Caveat Emptor - Who Said Latin Was Dead?

Powerful Essays
Open Document
Open Document
6861 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Caveat Emptor - Who Said Latin Was Dead?
The Expansion of McDonald’s Business in Thailand

Pariya Rinrattanakorn
Bangkok University

INTRODUCTION
Today, organizations pay attention to the effectiveness of communication with their customers. Providing information and building a trustful relationship with the customers are more important than just solely persuading customers to buy the company's products (Proctor & Kitchen, 2002). Furthermore, in the age of globalization, organizations have begun to enlarge their businesses to the international markets. Because customers are different in cultures, attitudes, values, and beliefs, different communication strategies are necessary in order to reach each segment of the customers. Specifically speaking, the organizations that expand their businesses to other areas should be concerned with communication in locality. Caywood (1997) stated that providing information and maintaining relationship with customers is a significant goal for an organization. The organization tries to find effective ways to reach their customers. The companies that expand their businesses to international or multinational markets ought to adapt communication strategies to be compatible with different regions, cultures, and customers. The effective adaptation can lead to success in local and global markets.

McDonald’s, a famous quick service restaurant, which expands its businesses in various countries in the world, similarly attempts to adapt its products and services to be compatible with cultural differences and customers’ demands in each area. Although McDonald’s restaurant had been originally established in California, U.S.A, by two brothers, Dick and Mac McDonald, in 1948, McDonald’s has broaden its branches to international markets. Consequently, McDonald’s is currently the leading global quick service restaurant with more than 30,000 local restaurants in more than 100 countries including Thailand (History, 2008).

The first McDonald’s restaurant in Thailand was opened in

You May Also Find These Documents Helpful

  • Better Essays

    Gold Arches East

    • 1256 Words
    • 6 Pages

    McDonalds has always been able to face the challenges that arise when trying to expand to foreign cultures. They have successfully expanded to over a hundred countries, including countries in East Asia. In the book “Golden Arches East” by James L. Watson, he studies different cities and how McDonalds has played a role in their cultures. Three places that he mentioned in his writing were Beijing, Seoul and Japan. They all share similarities in the way the culture was impacted positively and negatively, in society and politically. They have their differences in the way things were dealt with and how the public viewed the American company coming to their countries. In this paper, I will be talking about how McDonalds is involved in the cultural transformation of different cultures, as well as, if they created the trends mentioned or if they just followed the market they had to work with. I will also be covering my beliefs on whether or not what McDonalds got involved in was an American inspired, transnational culture crowding out indigenous cultures.…

    • 1256 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Globalization is common in most large organizations as they thrive to maximize revenue and expand customer base by establishing operations in different countries and within different cultures. Consequently, these organizations have to consider cultural perspectives of the country in which that plan to operate. McDonald’s, established in 1954 by Ray Kroc in conjunction with the McDonalds brothers and with over 30,000 restaurants in more than 120 countries, is one of the world’s biggest fast food restaurant chains employing 1.7 million people” (McDonalds, 2010-2012). This organization is no different and has to face issues resulting from globalization such as dietary preferences or needs from culture to culture or country to country as well as religion as it relates to its advertising and such..…

    • 993 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    01 SPRINGSMBA51028 1

    • 1236 Words
    • 5 Pages

    There are many businesses that we frequent in our day to day lives that are global in nature. We rarely give thought to their presence in another country. McDonald’s is a name that is recognized by all ages, in over 117 countries (Talpau & Boscor, 2011). McDonald’s is a 192.95 billion dollar restaurant industry (Bloomberg Industry Market Leaders). According to Kuratko (2013), McDonald’s is one of the biggest fast food industries in the world, due to the founder’s innovative ideas, not by inventing a product.…

    • 1236 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Marketing Plan Phase 4

    • 4345 Words
    • 18 Pages

    McDonald’s mission is, “To be our customers’ favorite place and way to eat” (McDonald’s Inc., 2012). Since 1955 McDonald’s have been building a multinational and multicultural international business that satisfies customer’s Worldwide (McDonald’s Inc., 2012). McDonald 's is the leading global food service retailer with more than 64 million people served daily in 119 different countries (McDonald’s Corp., 2011). More than 80% of McDonald’s restaurants are owned and operated by independent local men and women (McDonald’s Corporation, 2011).…

    • 4345 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    History of Mcdonald

    • 6300 Words
    • 26 Pages

    McDonald’s is a company which has a colorful history and developed the culture associated with the Fast Food Chain today. In 1937, the McDonald’s brother Richard and Maurice opened the first McDonald’s restaurants in America; it was a freestanding business that offered until then an unthought-of concept. The main items they then sold were beef or pork burgers, fries and drinks. Their restaurant were set up differently to the restaurants of those times, with open kitchens the customers could see right through, and counters with many operational cash registers. Under a high degree of customer satisfactory contributed for business expansion, McDonald today has over than 30,000 restaurants over than 100 countries in the world and it has maintained the top position in the Fast Food Industry for the past 50 years.…

    • 6300 Words
    • 26 Pages
    Powerful Essays
  • Good Essays

    McDonald’s is one the largest fastest growing fast-food restaurant in the world. McDonald’s have become a household name across the world. The fast food giant has come a long way from being just a burger stand in San Bernardino, California in 1940. The original owners were two brothers, Richard and Maurice McDonald. The hot dog stand evolved into a restaurant offering 25 items on the menu. In 1947, Richard and Maurice (going forward the “McDonald Brothers”) decided to shutdown the restaurant to renovate to improve the business. The McDonald Brothers wanted to meet the demands of their customers, young and on the move. The idea was to create a Speedee Service Systems, known today as Fast-Food. These brothers had no Idea the level of success that was to come, but they knew what they had was great. In 1953, based off the practices of White Castle, the McDonald Brothers decided to franchise their successful restaurant. Always looking for ways to improve, in 1954, the McDonald Brothers came in contact with Ray Kroc, a Multimixer milkshake machine salesman. They wanted a milkshake machine that could make more than one shake at time. Ray Kroc noticed the success of this restaurant and wanted to seize the opportunity to become a part of this great franchised organization. Ray Kroc took McDonald’s to Des Plaines, IL and began opening new restaurants all over Illinois. Today, McDonald’s touches lives every day all around the world.…

    • 5335 Words
    • 22 Pages
    Good Essays
  • Powerful Essays

    Mcdonalds

    • 1076 Words
    • 5 Pages

    The McDonalds restaurant began in the early 1940 's by two brothers Dick and Mac Donald. These gentlemen started their operations in San Bernardino California. The McDonalds that we know and recognize today is as a result of the vision, growt,h and guidance of Ray Kroc. Mr. Kroc created the franchise model that initially grew to over 1000 restaurants across the United States and later on to other countries. This growth all took place prior to the end of the 1960 's. McDonalds has gained a tremendously successful growth record outside of the U.S. starting with its first international restaurant that opened its doors in 1967, in British Columbia. McDonald 's success outside the U.S has been so well that today more than fifty percent of its restaurants are international locations. (McDonald’s Abroad, 2009) Today only 45% of McDonalds U.S. Stores make up the company’s port folio. Through McDonald’s over 31,000 locations worldwide, it serves roughly 58 million customers daily. This…

    • 1076 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Super Size Me

    • 961 Words
    • 4 Pages

    We then take a look at the massive number of fast food restaurants around the world, but primarily focus in on McDonald’s. With more than thirty thousand restaurants in over one hundred countries on six continents, McDonald’s is by far the largest fast food chain in the world, serving over forty-six million people worldwide every day and accounting for forty-three percent of the fast food market in the United States (Spurlock, 2004). The convenience of eating a meal at a McDonald’s is obvious, and their widespread number of locations make it easy to obtain their products; from highways and plazas to airports and hospitals.…

    • 961 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In a traditional Chinese meal, dishes were served on communal plates, which were placed at…

    • 5261 Words
    • 22 Pages
    Good Essays
  • Powerful Essays

    ay Kroc (1902–1984), the genius behind the franchising of McDonald’s restaurants, was a man with big ideas and grand ambitions. But even Kroc could not have anticipated the astounding impact of his creation. McDonald’s is the basis of one of the most influential developments in contemporary society. Its reverberations extend far beyond its point of origin in the United States and in the fast-food business. It has influenced a wide range of undertakings, indeed the way of life, of a significant portion of the world. And having rebounded from some well-publicized economic difficulties, that impact is likely to expand at an accelerating rate in the early 21st century. However, this is not a book about McDonald’s, or even about the fastfood business, although both will be discussed frequently throughout these pages. I devote all this attention to McDonald’s (as well as to the industry of which it is a part and that it played such a key role in spawning) because it…

    • 9276 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    Mcdonald's Global Growth

    • 7125 Words
    • 29 Pages

    There are two major drivers of globalisation: declining trade and investment barriers and technological change. The rapid growth of McDonald’s is due to the skill and competence of them and also the appeal of their product. The combination of local knowledge and entrepreneurial spirit of the franchisee is one of the reasons for McDonald’s fast growth. 80% of McDonald’s is Franchise owned. McDonald’s Big Mac hamburger is or is supposed to be the same everywhere in the world; this means the consumer is familiar with the brand and will buy it. McDonald’s used standardised promotion methods. McDonald’s turned away from an unchanged menu to a menu that is trendy and innovative. McDonald’s change its menu to keep up with the new trend of eating healthy. McDonald’s expanded its menu and extended its store hours. They benefit from the trade down of consumers from more expensive eating places. McDonald’s growth is due to finding good real estate locations, management of distribution and it’s skill in making products of consistent quality. McDonald’s invest in their staff by providing on the job training because they realise that the staff is the face of the business and must…

    • 7125 Words
    • 29 Pages
    Powerful Essays
  • Satisfactory Essays

    Pest Analysis Mcdonalds

    • 282 Words
    • 2 Pages

    McDonald’s indulge a particular variety of consumers with definite types of personalities. It has also been noted that the company have given the markets such as the United Kingdom, an option with regards to their dining needs. McDonalds launched sets of food that tenders a reliable level of quality for the respective market where it operates.…

    • 282 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Mcdonald's in China

    • 1696 Words
    • 7 Pages

    This case studies McDonald’s’ business model as it develops to achieve success in the Chinese market. Issues addressed included how to retain McDonald’s’ image of cultural Americana, yet adapt to satisfy pallets and appeal to patrons in Chinese culture.…

    • 1696 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Case Study

    • 1771 Words
    • 8 Pages

    This case study discusses how McDonald’s India managed to buck the trend in a struggling economy, its early years and business strategy to get more out of its stores in India. The case also briefly discusses how McDonald’s adapted to local culture in India, its localization and entry strategy, its strong supply chain and pricing strategy.…

    • 1771 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    McDonald's and Hindu

    • 323 Words
    • 1 Page

    Since McDonald’s want to develop its business in India, they definitely have to meet Indian’s culture because their target consumer is the middle class of the second biggest population (12 billion) in the world. If McDonald’s want to gain a big profit, they have to adjust their...…

    • 323 Words
    • 1 Page
    Satisfactory Essays

Related Topics