INTRODUCTION OF MARKETING STRATEGY Marketing strategy is very much important for developing any of the business. Without it‚ the effort of the business to attract customer is random and very inefficient. The main focus of your strategy must make sure that your product should fulfill the demands of the consumers and as well as it maintains the long-term relationship with those consumers. To achieve this‚ you will have to initiate flexible strategy that responds to change in customer demand and perception
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Rational for the chosen organization I have chosen McDonald food chain in Sri Lanka. McDonalds is a growing and known brand in the world in the fast food industry. They are basically into burgers‚ French fries‚ milkshakes‚ salads‚ desserts‚ Drinks. Fast food chains are rapidly spreading across the world in every country‚ and it’s becoming popular in Sri Lanka as well. McDonalds commenced its operations in Sri Lanka in 2003 where the franchising power was held with Abans pvt ltd. This Marketing
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¡K¡K¡K¡K¡K¡K¡K¡K¡K¡K¡K¡K¡K¡K¡K¡K¡K. 30 Introduction McDonald¡¦s‚ first started by Ray Krov‚ is now one of the most popular fast food restaurants across the world. They proudly serve more than 46 million customers in 59 different countries and have more than 30‚000 different locations domestically and
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so much that he paid the brothers so that he could use their idea. Their name: McDonald’s. From 1953 the brother McDonald begins to franchise their restaurant. Neil Fos was the first franchisee. Beef‚ big business and fast service were the ingredients when Mr. Kroc opened his first McDonald’s in 1955. After that‚ many restaurants opened and in 1955 there were 100 of them. In 1967 McDonald open its first two restaurants outside the United States‚ some years later the
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With the expansion of McDonald’s into many international markets‚ the company has become a symbol of globalization and the spread of the American way of life. Its prominence has also made it a frequent topic of public debates about obesity‚ corporate ethics and consumer responsibility. As a prominent example of the rapid globalization of American fast food industry‚ McDonald’s is often the target of criticism for its menu‚ its expansion‚ and its business practices. For example‚ in 1990‚ two British
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of the Imperial Theatre and the creation of the Moscow Art Theatre in 1898. The combination of three talents‚ Konstantin Stanislavsky‚ Vladimir Nemirovich-Danchenko and Anton Chekov‚ would set unprecedented standard for dramatic art in Russia. Vladimir Nemirovich-Danchenko was regarded as Russia ’s best contemporary playwright by the 1880 ’s. He taught at the Philharmonic Dramatic school and his plays were produced at the Maly theatre in Moscow. Here‚ Nemirovich-Danchenko fought for such improvements
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Benjamin (Edward) Britten born on 22 November 1913 in suffolk an East Anglian county in England where he also died on December 4‚ 1976 he was child prodigy born with great aptitude‚ and developed skill on a musical instrument(piano‚viola) in a early age.After studying at the Royal College of Music in London and working with the composer Frank Bridge‚he grew to be one of the finest and most gifted British composer of the mid-20th century.He was also an exceptional conductor and pianist.He continued
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McDonald’s is getting a massive amount of bad press from critics circling on this issue which is steering away franchisees and customers. The company is renowned for its fast preparation of meals for customers‚ and since the start of the business by the McDonald brothers‚ Richard and Maurice‚ themselves‚ the company underwent issues pertaining to health – campaigns against the overall fastfood industry occurred‚ launched by public interests groups‚ environmentalists‚ and consumer advocates. Apart from that
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I have decided to use McDonalds for my portfolio project. McDonald’s operates the biggest chain of fast food restaurants in the world. They serve over 500 million customers in 100 countries. The company was established in 1940 as a barbecue restaurant by two brothers. Ray Kroc purchased the organization in 1955 and oversaw its growth around the world. McDonalds has a unique system of operations. A typical McDonald restaurant is either owned by a corporation‚ a franchisee or an affiliate. The company
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McDonalds SWOT analysis 2013 Strengths Location‚ commercial/high density areas. Efficiency & speed. Reasonably priced menu. Standard/ quality/ reliability. Friendly customer orientated staff. Largest fast food market share in the world. Children targeting. Weaknesses Negative publicity Unhealthy food menu. High employee turnover. Competition. Opportunities Maturity → New markets Home delivery service. Threats Other local fast food chains. Lawsuits against McDonalds. Strengths
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