BUS444- McDonald’s Case study #2 Team members- Class Visk2011B 1. Nguyen My Hanh 2.Tran Thi Huong Giang 3.Nguyen Manh Long 4.Dong Quang Lam Question 1 a) The McDonald’s Corporation‚ the leader in the fast food war‚ is the world’s largest chain of hamburger fast food restaurants‚ serving around 68 million customers
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and served over forty barbequed items. In October 1948‚ after the McDonald brothers realized that most of their profits came from selling hamburgers‚ they closed down their successful carhop drive-in to establish a streamlined system with a simple menu of just hamburgers‚ cheeseburgers‚ french fries‚ shakes‚ soft drinks‚ and apple pie. The carhops were eliminated to make McDonald’s a self-serve operation. Mac and Dick McDonald had taken great care in setting up their kitchen like an assembly line
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or restaurant business. Describe the type of business‚ market share‚ financials‚ size‚ and global presence. This paper will describe McDonald’s‚ the world’s biggest burger chain. McDonald’s business started in 1940 and was opened by Dick and Mac McDonald in San Bernardino‚ CA. Today‚ McDonald’s is the largest chain of fast food restaurants. They can be found in 120 countries and territories‚ serving nearly 54 million customers each day. ("NYSE MCD‚" 2010‚ p. 1) McDonald’s made some remarkable
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III. PRE-TEST Motivation Motivation is the vehicle that initiates‚ guides and sustains goal-oriented behaviors. It is what causes us to take action‚ whether to grab some food to diminish hunger or enroll in college to earn a degree. The substance that lies beneath motivation can be biological‚ social‚ emotional or cognitive in nature. Motivation is compounded into three areas‚ the first being things in which prompt the conduct‚ the second is the gold in the direction of which the conduct was
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the text book‚ motivation refers to a psychological process that gives behavior purpose and direction. Managers attempt to motivate individuals to pursue organizational objectives willingly and persistently and be loyal to the organization. According BusinessDictionary.com motivation is Internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job‚ role or subject‚ or to make an effort to attain a goal. Motivation results from the
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the wide diversity across the country. Recently‚ McDonalds has decided to expand into Bangalore in a big way. Praveen Bose Bangalore Burger chain McDonalds plans to invest Rs 50 crore annually in India. It has already brought in Rs 500 crore of FDI on the 56 outlets it has in India. "We are here for the long haul‚" Amit Jatia‚ joint venture partner‚ McDonalds India (western region) said while announcing the opening of its Bangalore outlet. McDonalds is finally up and running in Bangalore‚ trying to
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Company Background [pic] The business began in 1940‚ with a McDonald’s Bar-B-Q restaurant opened by brothers Richard and Maurice McDonald at San Bernardino‚ California. They had a staff of 20 attractive waitresses at a drive-in restaurant and 25 items menu that included barbecue ribs‚ beef‚ and pork sandwiches. They became the #1 teen hangout in the San Bernardino. Their introduction of the "Speedee Service System" in 1948 additional the system of the modern fast-food restaurant that the
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and stay on until 3:00 p.m. Many of these older customers were attracted initially by a monthly breakfast special for people aged 55 and older. The meal costs $.99 and refills of coffee are free. Every fourth Monday‚ 100 to 150 seniors jam Mary’s McDonald for the special offer. But now almost as many of them are coming every day – turning the fastfood restaurant into a meeting place. They sit for hours with a cup of coffee‚ chatting with friends. On most days‚ as many as 100 will stay from one to
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Motivation & Emotion Motivation – is any condition‚ usually an internal one that can be inferred to initiate‚ activate‚ or maintain an organism’s goal-directed behaviour. First – motivation reflects an internal condition that cannot be directly observed. This may develop from simple physiological needs. Second – motivation is an inferred concept that links a person’s internal conditions to external behaviour. Third – motivation initiates‚ activates‚ or attains behaviour. Fourth – motivation generates
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MOTIVATION STRATEGIES 1. Intrinsic motivation “Intrinsic motivation refers to motivation without any apparent external reward” ( Marsh (2004) pg 34) 2. Extrinsic motivation In technical terms we can refer to reinforcement ‚which is the external stimulus that follows as a result of a certain response.If it is a positive reinforcer then the stimulus or event results in improved learning.(Marsh (2004) pg 35) 3. Self Esteem A number of educators assert that
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