McDonalds 2012 Kanika Markland McDonalds SIC # 5812 NYSE: MCD Revenue 2011: $27‚006M McDonald’s Corporation is the world’s largest chain of hamburger fast food restaurants‚ serving around 68 million customers daily in 119 countries. Headquartered in the United States‚ the company began in 1940 as a barbecue restaurant operated by the eponymous Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles.
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justifications‚ ways of improving motivation in an organisation setting. Motivation plays a vast part in the NHS as the people are the NHS’s most important asset therefore staff need to make sure they are well motivated to ensure that jobs are done efficiently. Motivation is the desire to work that little bit harder. The NHS will try to improve motivating staff in order to achieve a desired goal and sustains certain goal directed behaviours. The NHS could offer improve motivation by their reward systems
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WHAT IS TRAINING? Organized activity that delivers information and/or instructions to improve the recipient’s performance or to help him acquire a required level of knowledge or skill Training is an educational process. People can learn new information‚ re-learn and reinforce existing knowledge and skills‚ and most importantly have time to think and consider what new options can help them improve their effectiveness at work. WHAT IS TRAINING FOR? The goal of training is to create an impact
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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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ID 310973 Contact Details: Contact Person Address Telephone No. Fax No. Email Mr. Tan Hwa Seong 3 Jalan Datuk Sulaiman 2‚ TTDI‚ 6000 Kuala Lumpur Malaysia +60 122862816 +60 377107300 roysten.tan@gmail.com STRATEGIC BUSINESS ANALYSIS MCDONALD ’S CASE STUDY Table of Contents EXECUTIVE OVERVIEW............................................................................................. I-4 TASK I. 2003 SWOT ANALYSIS....................................................................
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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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What is motivation? Motivation is a desire to achieve a goal‚ combined with the energy to work towards that goal. Students who are motivated have a desire to undertake their study and complete the requirements of their course. Are you a motivated student? Being a motivated student doesn’t mean you are always excited or fully committed to your study‚ but it does mean you will complete the tasks set for you even when assignments or practicals are difficult‚ or seem uninteresting. Positive and negative
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can’t be challenged‚ thus if any law changes in any country McDonalds suits with the law and operate the business according to the law of the country Issue Decreases the level of sale due to the purchasing power of the consumers & product prices. Response McDonalds keeps lower prices for countries at lower stage of economic development McDonalds employees cost effective promotional tools to keep the final price within reach McDonalds set their price according to the cost of living. 4/8/2013 MGT:501
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Reasons for staff morale being low maybe because of i. Lack of proper training ii. Too much work on an individual iii. Poor maintained staff facilities eg‚ trolleys iv. Use of poor scheduled methods of cleaning v. Lack of goal attainment. Lack of proper training of the staff is going to bring down their motivation to do their work since they are never going to be comfortable with their work. Lack of training amongst the staff will mean the supervisors will have to follow the employees around
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McDonalds Strategy McDonalds Strategy According to the McDonalds 2010 annual report‚ the company continues to remain in a good position for success because McDonalds applies the “plan to win” strategy (McDonalds‚ 2010-2014). The concept behind the “plan to win” strategy is not for McDonalds to be the biggest fast food chain but for the company to be the best fast food chain (McDonalds‚ 2010-2014). The plan to win strategy focuses on the core drivers of the business. The strategy utilizes the five
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