Preview

Strategy in Global Context

Powerful Essays
Open Document
Open Document
3855 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategy in Global Context
Strategy in Global Context
January 29
2010

Submitted To: Mr. Nirmaalya B Biswas Submitted By: Jaskaran Singh Apoorva Veeksha Rai Robin Gupta

` Table of Contents
Executive Summary 3
Introduction 4
External Environment 5
Internal Assessment 6
Organizational Purpose 8
Strategy Analysis and Choice 9
Current Strategy 11
Conclusion 11
Bibliography 12
Annexure-1 13
EFE Matrix 13
Annexure-2 14
Per capita income 14
Annexure-3 15
IFE Matrix 15
Annexure-4 16
The Internal – External (IE) Matrix 16
Annexure-5 17
The Grand Strategy Matrix 17
Annexure-6 18
QSPM 18

Executive Summary
McDonald’s is a signature restaurant chain serving 58 million customers each day all over the world through its 31000 restaurants in 119 countries. This report views the various internal and external factors affecting the McDonald’s prior to that the report gives a brief introduction about McDonald’s, its evolution and the way it entered the Indian market. Evaluation of the response McDonald’s is giving to the internal and external factors has been calculated through the Internal Factor Evaluation matrix and External Factor Evaluation matrix. We have used the I/E matrix and the Grand strategy matrix to formulate strategies. We formulated two possible strategies i.i. expansion in the market and product development. The strategies that we formulated using the above stated matrices have been evaluated by using the Quantitative Strategic Planning Matrix to know which strategy is more viable.
Furthermore, the report provides an insight into the organizational purpose of the McDonald’s. Current strategies and recommendations include the analysis of the strategies that McDonald’s is using to hold and maintain its competitive advantage.

Introduction
McDonald’s is the largest burger



References: About McDonald 's. (2009). Retrieved 2009, from mcdonaldsindia.com: http://www.mcdonaldsindia.com/aboutus.html Brief history of McDonald 's Business Standard. (2009). Retrieved January 2010, from business-standard.com: http://www.business-standard.com/india/storypage.php?autono=290494. Economic Times. (2010). Retrieved January 2010, from economictimes.indiatimes.com: http://economictimes.indiatimes.com/News/articlelist/1715249553.cms Financial Express Financial Express. (2009, June). Retrieved January 2010, from financialexpress.com: http://www.financialexpress.com/news/mcdonalds-to-invest-rs-400-cr-in-india/321481/ Financial Express financialexpress. (2009). Retrieved 2009, from financialexpress.com: 3. http://www.financialexpress.com/news/mcdonalds-india-to-open-180190-more-restaurants-by-2015/466279/ McDonald 's McDonald 's History. (2009). Retrieved January 2010, from aboutmcdonalds.com: http://aboutmcdonalds.com/mcd/our_company/mcd_history.html Population in small cities Work@Mcdonald 's. (2010). Retrieved 2010, from mcdonaldsindia.com: http://www.mcdonaldsindia.com/workat.html Youth in India

You May Also Find These Documents Helpful

  • Powerful Essays

    McDonald’s has been in business since 1955. Through many years of great strategic and financial planning, it has become one of the most successful food chains in the world. In order to continue its great success, McDonald’s must continue to adapt to change. In this paper we will discuss the strategic and financial planning that would be necessary to keep McDonald’s on top of the food chain.…

    • 1726 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Mgt 230 Week 4 Paper

    • 1799 Words
    • 8 Pages

    McDonald's has successfully met the demands of its customers by gradually adding to their menus. Breakfast meals, hamburgers, chicken, salads, salads and even desserts are provided by the restaurants which aids in the success of McDonald's. The organizational structure for McDonald's will be provided over the course of this presentation as well as an evaluation of its organizational functions and an analysis of organizational design.…

    • 1799 Words
    • 8 Pages
    Better Essays
  • Better Essays

    This paper will address the following: identify the segmentation criteria that will affect McDonald’s target market selection, identify McDonald’s target market, describe the organizational buyers and consumers of McDonald’s product and the factors that influence their purchasing decisions, discuss how these factors will affect McDonald’s marketing strategy, and analyze current competitors and define the competitive landscape for your product or service.…

    • 1524 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Tui Mgt 499 Module 1 Slp

    • 426 Words
    • 2 Pages

    This is a leading global food service retailer with more than 33,000 local and global restaurants. McDonalds was my chosen business for this project, because this is a major franchise that started out as a BBQ establishment, that grew into a major hamburger franchise over a extended period of time. I think that by analyzing the strategic planning process of McDonalds, I will begin to understand the foundation of a solid business organization and the strategic management process. In order to complete my analysis I will use the McDonalds business website at http://www.aboutmcdonalds.com/mcd/our_company.html.…

    • 426 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Mcdonalds and Starbucks

    • 1763 Words
    • 8 Pages

    McDonalds is a longtime leader in the fast food business. Since its opening in 1954 it has seen tremendous growth to about 30,000 plus restaurants and credit of serving about 43 million people in 100 different countries every day. The success and strategies of the company are celebrated often in the world media. The company had to focus on their core values and develop strategies that help rebrand itself in the market. Continuous attention on the customer needs and their values is main strategy for resurgence as top fast food retailer. They spend huge money on advertising to promote their brand. Their advertising budget for year 2011 was almost in the vicinity of one billion dollars. McDonalds has been working on improving and maintaining its brand value since it has seen its profits decline especially from 1997 to 2002.…

    • 1763 Words
    • 8 Pages
    Better 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
  • Good Essays

    Mcdonald's Case Analysis

    • 1888 Words
    • 8 Pages

    About everyone at some age, at some point or another, and in some country has gotten a sample of American's symbol for fast food through the golden arches of McDonald's. This report will attempt to analyze the external and internal sectors that affect the company's success. The external analysis will provide opportunities and threats while the internal analysis will show indicators of strength and weakness. It will then follow up with critical issues, strategic alternatives, recommendations and implementation. The case studied is found in Appendix 2 of Mary Coulter's "Strategic Management in Action" book.…

    • 1888 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    showing that this approach is often less profitable. Those making the case for taking a…

    • 2789 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    International Strategy

    • 1013 Words
    • 5 Pages

    In May 2000, CEMEX was preparing to expand through acquisitions in Asia, Africa and the Middle East. What kind of global giant do you think Lorenzo Zambrano wanted the firm to become? Using module theory and evidence from the CEMEX case study, critically evaluate his chances of success.…

    • 1013 Words
    • 5 Pages
    Good Essays
  • Good Essays

    International Strategy

    • 688 Words
    • 3 Pages

    Formative Feedback (First Half) Assignment Topic (ie Topics for Phase 1 of the final assignment): Complete ONE of the following…

    • 688 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Mcdonalds in India

    • 2668 Words
    • 11 Pages

    References: Bahaudin G. Mujtaba. (2007). McDonald’s Success Strategy and Global Expansion through Customer and Brand…

    • 2668 Words
    • 11 Pages
    Best Essays
  • Better Essays

    McDonald’s analyzed current trends and examined the results of its current strategies. McDonald’s made the determination that rather than focusing on building more restaurants in the U.S. they needed to focus on making those established restaurants more appealing and modern. They also determined that they needed to grow outside of the US. The Menu and décor needed to be evaluated and adjusted to compete with other fast food establishments. Employees also needed to be more knowledgeable and trained better as managers.…

    • 854 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    International Strategy

    • 349 Words
    • 2 Pages

    Headquartered in Memphis, Tennessee, Federal Express (FedEx) pioneered the package delivery industry with its air and ground express delivery system in 1971. By 1998, Federal Express had rebranded itself and created its corporation as FDX Corporation. The FedEx Corporation as we know it today was once again rebranded in 2000. Today FedEx is a global provider of transportation, e-commerce, and supply chain management services reporting in four segments of business including FedEx Ground, Express, Freight and Services. Globally, FedEx extends its services of package delivery and parcel delivery all over the United States and globally via its Ground and Express delivery systems which happens to be its most profitable source of earnings and revenue. Other services include freight delivery and FedEx Office (formerly known as Kinko’s). FedEx continues to grow its market share in ground transportation by incorporating owner-operators drivers. While domestic growth may seem to be a bit slow, the international market seems to be on a steady rise.…

    • 349 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Mcd Customer Satisfaction

    • 1383 Words
    • 6 Pages

    McDonald is one of the world’s chain of hamburger fast food restaurants, serving nearly 47…

    • 1383 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Global Strategy

    • 1751 Words
    • 8 Pages

    The shift in global business has created a new form approach in global business landscape, thereby forcing firms to rethink their marketing strategies. The development in the global business environment stands out as having a dominating role in this shift. It is the business demand on the internet for increase and greater bandwidth. Global business is seen as the means to facilitate e- commerce by offering rapid transfer rate to open up multimedia delivery to small and medium size firms and individuals.(Dennis and Harris 2002, 12) The first shift has to do with the rapid growth and greater involvement of firms' in global business activities. In particular, the tremendous growth in outsourcing activities has necessarily engaged new entrants in global business-to-business (B2B) activities (i.e., importers) to which much greater attention should be paid. The second change is the transition to amore holistic approach to managing supply chain systems through greater coordination of entire distribution channels, alliances, and relational exchanges. To address the needs of their customers, firms require harmony and continuity in their supply chain systems and as supply sources are increasingly global, for example, through increased outsourcing, relational exchanges and alliances have become much more important. The third development fostering a major change in how firms conduct business and compete is the transition to electronic forms of exchange, particularly with respect to information access, storage, and retrieval. (Dennis et al) maintain that the rate of innovation and technological change puts extraordinary and unique pressure on the companies as they struggle with the demand of 24/7 economy (ibid). As we continue to embrace the advent of information technology we should also remember that all cannot be done or will be done by information technology, even thought it plays a great role in today business. According to kanter , in our…

    • 1751 Words
    • 8 Pages
    Powerful Essays