1. What are some of your initial reactions about the differences you notice between home country and host country operations of a multinational fast food chain such as the McDonalds? Cultural differences though difficult to observe and measure are very important‚ especially when doing the business in the foreign markets. Failure to comprehend these differences can lead to embracing missteps‚ strain relationships and impact the business performance. Therefore‚ It appears as if catering to the Indian
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McDONALD’S HISTORY LISTING 1948 In December‚ Dick and Mac McDonald open the first McDonald’s in San Bernardino‚ California. A little hamburger man called "Speedee" becomes the company logo. 1954 Ray A. Kroc‚ a Multimixer salesman from Oak Park‚ lIIinois‚ visits Dick and Mac’s San Bernardino McDonald’s‚ his curiosity initially aroused by the large number of Multimixers they were buying. Ray Kroc becomes the exclusive national franchise agent for the McDonald’s brothers. 1955 On April 15‚ Ray Kroc
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McDonalds has more than 31‚000 restaurants serving in almost 120 countries. Of the 31‚000 restaurants‚ at least 14‚000 are in US. However‚ now‚ because the care of McDonalds about favors and cultures in each countries it enters‚ McDonalds can open more restaurant in new areas such as China or India that the countries which culture influences on people lifestyle deeply. They are very potential markets. The expansion of these areas is big opportunities for McDonalds. China was McDonald‟s first
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BSBWOR402A AT02 ASSESSMENT BSBWOR402A Promote Team Effectiveness Promote Team Effectiveness The process for completing this assessment is: • • • • Read the content and answer the following questions. Once completed save and submit your assessment. Once submitted your World Learning Centre (WLC) Assessor will assess your work. You may be deemed ‘Competent’ which means you will move on to the next stage or deemed ‘Not Yet Competent’ where feedback will be provided and you
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large amounts of materials to water. The sources of water pollution are considered as being a point source or a non-source point of pollution. Point sources of pollution occur when the polluting substance is emitted directly into the waterway. The process of water pollution is slow‚ and will not happen overnight. It is the gradual build-up of wastes in our waterways. Task 2 a) Define Stakeholders Stakeholders can be individuals‚ groups or governments. They respond to local issues. They make
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UNIVERSITI TEKNOLOGI MARA COURSE OUTLINE CODE : HTF622 COURSE : FOODSERVICE FACILITIES Design AND LayouT LEVEL : B.Sc (onsHH HHons) Foodservice Management CREDIT UNIT : 3.0 CONTACT HOURS : Lecture : 3.0 hrs/week PART : 05 PRE-REQUISITE : NONE OBJECTIVES At the end of the course the students should be able to :- 1. Explain the process of concept development and the elements of feasibility studies. 2. Describe the sequence of steps and the principles
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3.4 The Communication Zone Work File In this activity‚ you will identify barriers you may use in communication and explore the difficulties that people from other cultures may experience when communicating. Please use black ink. Section A. Identify the manner in which you communicate by responding to each statement with “Never‚” “Sometimes‚” or “Always.” (19 points) 1. I use words such as "like‚" "you know‚" or "and ah" in my speech. Never 2. I use phrases such as "watchama-call-it" or "thingamajig-jig"
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Case Study Report McDonald ’s BACKGROUND: Brothers Richard and Maurice McDonald founders of McDonald ’s Corporation grew from a single drive-in restaurant in San Bernardino‚ California in 1948 to the largest food service organization in the world. In 1955 Ray Kroc opened firs McDonald ’s in Des Plaines‚ Illinois and became exclusive franchising agent for the company. By 1991 McDonald ’s owned $13 billion of fast-food industry‚ operating 12‚400 restaurants in 59 countries (Ezine). The company
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Week One - Management Theory What is management? Fayol- ADMIN- Forecast & plan‚ Organise‚ command‚ coordinate and control POCCC- Planning‚ organising‚ commanding‚ co-ordinating‚ controlling. Brech- Planning‚ control‚ co-ordination and motivation Drucker- MANAGEMENT BY OBJECTIVE- The systematic organisation of economic resources. Cole- Planning‚ Organising‚ motivating and controlling Weber- ADMIN- Well defined hierarchy of authority‚ system of rules covering rights and duties
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SeaHorse – Stock Evaluation Group Project – Financial Management Section II Date: 15-Apr-13 By: Spiros KOURTIS – Christos THEODOROU Evi BAXEVANAKI – Georgia LIAPI. Page 1 Key data for the calculations: • • • Stock issued for Seahorse = [IS] = 2 Shareholders x 150‚000 shares / each = 300‚000 stocks Dividends paid D0 = 2 x $320‚000 = $640‚000 or DPS = $640‚000 / 300‚000 = $2.13 Calculation of company SeaHorse growth rate gSH = ( 1 – Dividend pay out Ratio) x ROE Dividend Payout Ratio (DPR) is equal
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