SECTION C: ANALYSIS 1.Age Group Analysis I have conducted my research analysis based on 88 employees who are mostly from McDonald’s in central London area. The pie chart below shows the % of respondents in terms of age group. Figure 1: Age Group The above pie chart reflects the fact that the highest numbers of respondent were age group 18-24. Some of them just started their career after school with McDonald’s thinking they can go up the ladder‚ and some of them think that they need challenging
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The way that a UK McDonalds functions is very different to the way Haveli in India does‚ due to the political‚ social and legal factors that cause them do so. Political Factors The Government in the UK is relatively stable. We currently have a coalition government as none of the political parties got enough votes to win the majority. Therefore‚ both of the parties’ manifestos are co-joined so there is a lot more UK businesses need to prepare for. Political decisions can affect businesses greatly;
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amount of litter around the restaurant. 1. 2. 3. 4. Having identified these stakeholder interests‚ you should now be able to identify where McDonald’s may face conflicts in dealing with these stakeholders. Some of these influences will affect the way that the business is managed and run. Task 3 (3 marks) Describe three possible areas of conflict between stakeholders and identify the stakeholders involved. Example: There may be complaints from the workers about the level
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changing business world companies from of all sizes have to be aware of the different factors that might affect the way they are managed and ultimately operate. There are two main areas where these factors can originate‚ internally and externally. According to "Businessdictionary.com" (2013)‚ "Internal factors are inner strengths and weaknesses that an organization exhibits. Internal factors can strongly affect how well a company meets its objectives‚ and they might be seen as strengths if they
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What is technological determinism? If you were to ask an average person on the street this question all you would get back is a blank stare. However it is an important question and plays a big role in our world today. Technological determinism like the human mind can be hard to understand at times. But in this paper you will see that once it is broken down into its various parts the bigger picture will begin to take shape. Now with that said it also important to mention that like other issues in
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Assignment on “Technological Environment” Management of Technology Course: SIM 516 Prepared by: Tahmina Binte Rahman MBA ID 240 Department of Management Studies University of Dhaka Prepared For: Mr. Md. Ali Akkas Professor Department of Management Studies University of Dhaka Submission Date: 10th of October‚ 2012 Table of Contents Elements | Page No. | 1.Introduction | 2 | 2.Definitions of Technological Environment | 2 | 3.Types of Technology | 2 | 4.Functions
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effects to the economic well – being of the nation. The local government in embarking its thrust on several programs to address the problems and the Department of Trade and Industry as one of the lead agencies in dealing with the challenges and factors affecting small businesses in General Santos City‚ thus the development on how to manage properly the growing enterprise would lead to the development on a new level of management practices. Small businesses contribute largely to the economy and
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History of the Industry (internet) (I shall write it) 1.2. History of the company McDonald is a world famous fast food chain restaurant. In California‚ the concept of McDonald was introduced by two brothers named Mac (Maurice) and Dick (Richard) McDonald. In 1940‚ the restaurant was renamed to McDonald’s Famous Barbeque from Airdrome restaurant (located near the airport)‚ which was ran by their father‚ Patrick McDonald in 1937. In 1940‚ two brothers figured out most of the profit were coming from selling
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International Journal of Business and Management Vol. 3‚ No. 11 The Business Strategy of Mcdonald’s Jing Han School of Economics‚ Yunnan University No.2Green lake north Road‚ Kun Ming‚ Yunnan 650031‚ China E-mail: hanjing0928@hotmail.com Abstract As one of the most successful fast food chain in the world‚ throughout the development of McDonald’s‚ we could easily identify many successful business strategy implementations. In this paper‚ I will discuss some critical business strategies
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certain areas where Mc Donald’s can improve its performance. Mc Donald’s EFE Matrix McDonalds is one of the Americas largest fast food chain. It was opened in 1940. McDonalds head quarter is at Oak Brook Illinois. Being the market dominator in the fast food market it is necessary to understand what is making McDonalds a leader in its market segment. So for that we will go through an EFE Matrix. External Factor evaluation (EFE) is the widely known strategic tool to measure the external environment
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