4/8/2013 MGT:501 PROJECT PRESENTATION [VISHAAL & RAHUL]
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An organization is a social group of people that is managed to meet a need or pursue collective goal. All organizations including McDonald's have a management structure that determines relationships between the different activities and members. Moreover, management subdivides roles, responsibilities and authority to perform tasks.
4/8/2013
MGT:501 PROJECT PRESENTATION [VISHAAL & RAHUL]
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Political\ Legal Environment
Issue
Response
Law Legislation Government food Standards General posture towards business regulation Stability of Country Financial Policies
Economic Factors Business Cycle Stage Inflation Interest rate Labor supply cost
Fiji Government chargers Tax The government has strengthened Food Control System
- This laws can’t be challenged, thus if any law changes in any country McDonalds suits with the law and operate the business according to the law of the country
Issue Decreases the level of sale due to the purchasing power of the consumers & product prices.
Response McDonalds keeps lower prices for countries at lower stage of economic development McDonalds employees cost effective promotional tools to keep the final price within reach McDonalds set their price according to the cost of living.
4/8/2013
MGT:501 PROJECT PRESENTATION [VISHAAL & RAHUL]
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Technological Factors New Technologies New Products Market Opportunities Changes in Internet
Issue Local industries are not sufficiently equipped with required Technologies
Response McDonalds brought technology equipment from foreign countries e.g. Machines for Peeling potatoes Standardization achieved through careful positioning of Technology E.g. use of Customize