III. External Environment C. Task Environment 1. Gluten free options need to be added (O) The market for gluten free is expected to top $2.6 billion and grow every year through 2015. There is a derived health benefit to gluten free food‚ as many people believe. The Cheesecake Factory and its staff needs to be trained on the importance of preparing gluten free products and develop specific items that can be safely suggested to the guests who desire or need gluten free products. There is an opportunity
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Mac Donald’s Company 1) Economic Environment Even with current economic condition‚ M’cDonalds remains optimistic. According to Business Times (2009)‚ “McDonalds Malaysia expects its delivery service business to jump 40 per cent this year as its new call centre can handle more orders.” They invested over two million ringgit for setting up the new call center. In addition the Managing Director Azmir Jaafar‚ said the company “plans to invest 8 million ringgit this year to open between 15 and 20 new
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Introduction McDonald Corporation is the world’s largest chain of hamburger fast food restaurant. There are over 30‚000 McDonald’s restaurants in more than 100 countries and served an average of 50 million customer daily. A McDonald restaurant is operated by either a franchisee or by the corporation itself. The very first McDonald was open in Singapore in 1979 and today there are over 120 McDonald restaurants across the island which served 1.2 million customers weekly. McDonald employs around 9
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The analysis of PARKnSHOP’s task environment PARKnSHOP is the leading supermarket chain in Hong Kong‚ with an unrivalled reputation for giving customers outstanding value for money‚ the higest quality in fresh food‚ an unmatched range‚ and world-class service. Our supermarket mainly target at resident population‚ especially resident families in the city. They have stable job and stable income. Customers include the old‚ housewives‚ young people‚ office worker. Our supermarket mainly sell
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Culture is the influence on the individual’s personality that happens from the surroundings like nature‚ religion‚ region‚ etc. Culture influence’s individuals so they behave in certain ways that fits their life‚ therefore people interact with each other; they have phases that coordinate their way of networking. In order to connect‚ communicate and get along with other cultures there must be an understanding between the two. However‚ when Assan Motors Company expanded and opened a new plant in the
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Case Study: The Nonmarket Environment of McDonald’s 1. Characterize the Four I’s. The author of the text‚ Business and its Environment‚ illustrate the characterization of nonmarket environments of a business firm by the analysis of the Four I’s which are identified as follows: issues‚ interests‚ institutions‚ and‚ information. In the case study‚ excerpts of some of the nonmarket environmental factors which faced the company were explained. By characterizing the Four I’s‚ a management analysis
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Task environment analysis of Parknshop Who are the main customers? How is their purchase behavior? Most customers are home buyers. They can shop groceries‚ dairy product‚ sanitary goods‚ personal care and so on. Parknshop offers one- stop shopping experience to cover daily household needs. Customers expect best- of- class service and top quality products. With the vision to become leading retail stores‚ this concept is implemented into every aspect of Parknshop strategic decisions like store
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does globalization impact international business? What’s the future of international business? This paper‚ through conceptualizing the significance of globalization for international business and explore core concepts of the international business environment‚ will answer the above questions. Globalization can be described as a process by which the people of the world are unified into a single society and functioning together. This process is a combination of economic‚ technological‚ socio-cultural
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MGC1020 Assignment #1 Which is more difficult to gauge accurately: the general environment or the task environment? Why is it important for a manager to make a clear assessment of these environments? The general environment and task environment are the two components that make up an organisations external environment. The external environment of an organisation includes influential elements that both directly and indirectly shape and impact its future‚ and as of late‚ has developed into
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Questions for review 1. Identify and discuss each major dimension of the general environment and the task environment. Both the general environment and the task environment are a part of the external environment. The general environment consists of; Economic Dimension‚ Technological Dimension‚ and the Political-Legal Dimension. The Economic Dimension discusses how healthy the economy is that the organization is in. It includes factors like unemployment rates and inflation. The Technological
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