The purpose of this paper is to discuss environmental factors affecting upon McDonald's management functions. And current strategy the company currently using to tackle these environmental impact. This will be achieved by exploring how McDonald's tackle with all of the external and internal environmental factors. There are mainly three factors that were selected to outline the achievement of McDonald's corporation.
•The first factor is globalization, which is define as closer contact between different parts of the world, with increasing possibilities of personal exchange, mutual understanding and friendship between world populations.
•Diversity, the difference among people and cultures, is the second factor discussed in the paper.
•The final factor is ethics, which can be defined as a set of principles of right conduct. This paper explains how the McDonald Corporations uses the factors to conduct business around the world.
There are many different values to the dollar around the world, many issues that have occurred in many of those regions/websites, and about 120 countries served by McDonald's that rely on the functions of management to succeed.
Introduction:
McDonald's the biggest fast food restaurant in the word established in 1955 in Illinois USA, more than 30,000+ restaurants located in 120 countries worldwide, serving more than 54 million customers per day. In December 2005 Mcdonald's reached a record high of avenue of more than US$21 billion worl wide. With 390,000+ employees, McDonald's now is the largest over the counter food service restaurant in the world. The corporation functions mostly by means of franchisees. McDonalds is one of the many corporations that have successfully used a combination of various marketing strategies to be a globally successful organisation.
Product Line:
McDonalds operates in 3 major categories of food items/ product lines:
•Snack foods
•Desserts
•Beverages
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