Executive Summary Acting as a “mystery shopper“ we have evaluated one of the McDonalds’ retail shops. We have chosen a McDonalds retail shop by reason of its obvious success. McDonalds has got a yearly profit of approximately 5.5 billion USD by trading with fast-food. Our evaluation shows us there is one certain reason of its success: Constancy! Customers know what they get at McDonalds‚ wherever they are in the world and apparently they appreciate this constancy. Nonetheless
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could be a great choice because the company claims they are working with the best suppliers‚ and provide the best quality food for their customers. McDonald’s also provides free toys to children with the Happy Meals which are targeted to children. McDonald ’s started selling Happy Meals with free toys targeted at children in the 1970s. The Happy Meal is generally a hamburger‚ french fries‚ and sugar drink that is high in sodium‚ fat‚ and calories. However‚ to eat a Happy Meal makes children happy‚
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chain Starbucks‚ McDonalds and Burger King. On 20 July‚ 2014‚ Shanghai TV news channel and Dragon TV reported news of Shanghai Husi Food Corporate Limited (Husi) ‚ which is one of the suppliers of McDonalds in China and Hong Kong. The news is about Husi using processed expired chicken to produce chicken nuggets or fried chicken and then supplied them to McDonalds. There were 18 tons of expired materials in total. McDonalds is the biggest sufferer in this case. Although McDonalds has a routine inspection
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The principles underlying our executive compensation program‚ which we refer to in this report as the “key objectives‚” and which are described on page 12 of this Proxy Statement. > How each of the key objectives is integrated with our business strategy and our corporate culture. > Highlights of how executive compensation in 2007 was driven by performance‚ consistent with the key objectives. > The group of comparator companies we use as a benchmark to ensure that our executive compensation
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The 4Ps At this point the marketing mix is put together. The product life cycle Sales Time Decline Maturity Growth Development Introduction i. Product The important thing to remember when offering menu items to potential customers is that there is a huge amount of choice available to those potential customers with regard to how and where they spend their money. Therefore McDonald’s places considerable emphasis on developing a menu which customers want. Market research establishes exactly
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Simple Math Tricks There are many ‘math tricks’‚ which ask you to choose a number or two and work through several steps‚ often ending up with your original number(s) mixed up somehow‚ or with a value that’s the same every time. When they arrive by email‚ they will often be described as ‘amazing’‚ or ‘impressive’‚ as if they were magical. There isn’t any magic‚ and you don’t have to be Harry Potter to understand how these tricks work‚ or to make up tricks of your own. All you have to do
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Corporate Finance Valuation Project Yes‚ I would invest in McDonald’s stock‚ specifically for it’s consistently “high yielding” dividend. According to Morningstar‚ MCD’s dividends started to show a significant leap in earnings per share in 2008‚ which I am attributing to their significant increase in net income from 2007’s $2395 million to 2008’s $4313 million. I would want this stock in my portfolio specifically for its growth. I do realize that the stock price continues to fluctuate several
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References: 1. McDonald ’s Corporation: Managing a Sustainable Supply Chain‚ Case pack‚ Harvard Business School 2. Supply+Chain+Management+A+Logistics+Perspective+9e 3. McDonald’s online report (http://www.mcdonalds.co.uk/ukhome/Ourworld/Environment.html) 4. McDonald’s
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China’s Development Model: An Alternative Strategy for Technological Catch-Up Working paper Xielin LIU Visiting Professor Institute of Innovation Research Hitotsubashi University liuxielin@hotmail.com March 22, 2005 Abstract The context in which Chinese firms and‚ as a nation‚ China is attempting to catch-up is fundamentally different that that facing earlier latercomers such as Japan and Korea. This paper contrasts these contexts and describes an alternative model of catch-up that can be
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in 119 countries. Headquartered in the United States‚ the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth. A McDonald’s restaurant is operated by either a franchisee‚ an affiliate‚ or the corporation
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