34 PGDM-Communication Subject: Communication strategies of McDonald’s CORPORATE COMMUNICATION Communication is simply the act of conveying‚ exchanging and transferring the information between two or a group of people or from one place to another through the exchange of thoughts‚ messages and ideas by speeches‚ visuals‚ signs‚ gestures‚ signals‚ writings‚ behavior or any activity that helps communicating the information. Corporate communication is a communication within and outside a business
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McDonald’s: Environmental McNasty? The truth behind its corporate irresponsibility. As the world’s largest franchised corporation‚ with over 31‚000 restaurants in 120 countries employing 1.5 million people‚ McDonald’s is also one of the greatest consumer contributors to the trash epidemic facing our world today. As a corporation that boasts of its environmental responsibility‚ the question is: are they doing all they can. First‚ a few little-known facts: A typical McDonald’s restaurant
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The Objective in Corporate Finance “If you don’t know where you are going‚ it does not matter how you get there” Aswath Damodaran Stern School of Business Aswath Damodaran 2 First Principles Invest in projects that yield a return greater than the minimum acceptable hurdle rate. • The hurdle rate should be higher for riskier projects and reflect the financing mix used - owners’ funds (equity) or borrowed money (debt) • Returns on projects should be measured based on cash flows
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Corporate Finance Career Overview If you work in private enterprise‚ your company measures its success at the end of the year by comparing how much money it made to how much it spent. If it has made more than it has spent‚ it was a good year. If it has made less than it has spent‚ it was a bad year—or the company is in an investment phase. (In other words‚ like Amazon.com‚ it spent more than it made because the company and its investors believed it would realize a profit in the near future
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Corporate Social responsibility at McDonald’s McDonald is one of the most renowned fast food restaurants across the globe. The vision of McDonald’s was coined by Ronal McDonald who identified the need of its target audiences and tailor made the products as per them. The organization has established a value proposition for the target audience on the basis of a penetration pricing strategy that has appealed to the people in almost every country. Being a tough competitor to many fast food
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Aswath Damodaran 2 THE OBJECTIVE IN CORPORATE FINANCE “If you don’t know where you are going‚ it does’nt maCer how you get there” First Principles 3 Aswath Damodaran 3 The Classical Viewpoint 4 ¨ ¨ ¨ ¨ Van Horne: "In this book‚ we assume that the objecKve of the firm
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McDonald’s Corporation Business Strategy Customers are the foundation of successful business-level strategies and Levels should never be taken for granted. When selecting a business-level strategy the firm determines: 1. Who will be served‚ 2. What needs those target customers have that it will satisfy‚ and 3. How those needs will be satisfied. McDonald’s answers to these 3 questions were: 1. People of various ages globally‚ 2. A quick‚ delicious‚ and non-expensive meal‚ 3. They offer
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APPLIED CORPORATE FINANCE A MO RG A N S TA N L E Y P U B L I C AT I O N In This Issue: Honoring Michael Jensen Baylor University Roundtable on the Corporate Mission‚ CEO Pay‚ and improving the Dialogue with investors 8 Panelists: Michael Jensen‚ Harvard Business School; Ron Naples‚ Quaker Chemical Corporation; Trevor Harris‚ Columbia University; and Don Chew‚ Morgan Stanley. Moderated by John Martin‚ Baylor University. Value Maximization‚ Stakeholder theory‚ and the Corporate Objective
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McDonalds’ Malaysia first came to Malaysia on 29 April 1982‚ they are well-known for their high commitment in their corporate social responsibility. McDonalds’ cares about human rights and their customers. They do not employ forced labourers or child labourers. Besides that‚ McDonalds’ has anti discrimination policy‚ especially the discrimination against women. Today‚ 53% of McDonald’s restaurant manager positions are held by women. The food and services provided by McDonalds’ have met the international
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share repurchases Significant internal exposure and shareholder focus Cons: Commodity cost risks Extremely competitive industry High food‚ energy‚ and labor cost concerns Product failures Brief Overview McDonald’s Corporation’s principal activity is to franchise and operate McDonald’s restaurants in the food service industry. These restaurants serve a varied‚ yet limited‚ valuepriced menu in more than 100 countries worldwide. All restaurants are operated either by the Company or by franchisees
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