McDonald’s Corporation 1.0 Introduction of the company McDonald’s is the world’s largest chain of fast food restaurants‚ serving 69 million customers daily. Since its founding in 1948‚ McDonald’s has grown from a family burger stand to a global fast-food behemoth operating more than 34‚000 local restaurants in 119 countries. 80% of the restaurants are owned and run by independent local men and women as the result of franchising. McDonald’s is known as a sign of globalization‚ as it operates all
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MCDONALD’S IN VIETNAM By Ayodeji Akin Abiri Table of Contents Abstract 1.0 Introduction 3 1.1 Background note 4 1.2 Global Strategy 5 2.0 McDonald’s In Vietnam 8 2.1 Entry Strategy 9 2.2 PESTEL analysis of Vietnam 9 2.3 SWOT analysis of HCM city 11 2.4 Expansion strategy 12 2.5 Franchising in Vietnam 13 2.6 Drive-thru restaurants 13 2.7 Localization
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McDonald’s 1 McDonald’s Empire Kay Kolalowski‚ Tyler Laudette and Annette Compo University of Phoenix Management 330 Professor Dr. John Seinrukos February 24‚ 2008 McDonald’s 2 Abstract Ray Kroc once said he did not know what his company would be selling in 2000 but he knew it would be selling more of it than anyone else. (Kroc‚ 1978). McDonald’s is the predominant leader in the fast food industry and the corporation continues to grow each day globally. This expansion
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McDonald’s in India McDonald’s uses a multidomestic strategy in India. This can be seen from its use of local suppliers‚ its adaptive pricing strategies and the removal of the company’s representative product‚ the “Big Mac”‚ and replacing it with a range of new products specifically catered to the Indian culture and preferences. Unlike in other countries‚ a large proportion of Indians do not eat pork or beef‚ and many others are vegetarians. It is therefore practically impossible for McDonald’s
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Price McDonald’s has realised that‚ despite the cost savings inherent in standardisation‚ success can often be attributed to being able to adapt to a specific environment. This is indeed the case with its implementation of its pricing strategy‚ which is one of localisation rather than globalisation. Table II illustrates the comparative Big Mac prices (flagship brand of McDonald’s) from around the world. It succeeds in highlighting the point that McDonald’s has had to come up with different
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McDonald’s is the world’s largest chain of hamburger fast food restaurants. McDonald’s and its franchises operated more than 33‚000 McDonald’s restaurants in 118 countries and serve 64 million customers each day. The company also operates other restaurant brands‚ such as Piles Café. McDonald’s is the largest food service company in the world. In 2010‚ the annual total revenues are 24‚075 millions. It is also one of biggest employers in the United States‚ with over 1.7 million workers (our company)
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Mallorie Goguen Why McDonald’s current practices are not sustainable? MSCI has given McDonald’s a rating of ‘A’ based on its performance. This rating was given based on key performance indicators. They are as follows: * Product Quality & Safety * Labor-Management Relations * Workforce Diversity * Management of Environmental Issues * Resource Management & Use McDonald’s has highlights in each of these categories‚ but this does not make them sustainable. Within product
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HAUTE ECOLE ICHEC- ISC SAINT LOUIS- ISFSC CATEGORIE ECONOMIQUE HORAIRE DECALE DEUXIEME ANNEE DU BACCALAUREAT COURS DE MARKETING MANAGEMENT : TRAVAUX PRATIQUES McDonald’s | Pallarés García‚ Juan Ferrer Villacampa‚ Clara SPANISH ERASMUS STUDENTS ANNEE ACADEMIQUE 2010-2011 Contents Index: 1) Introduction: 1.1) Business model 1.2) Suppliers 1.3) History 1.3.1) Advertising themes 1.3.2) General advertising
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McDonald’s in Russia (Technological approach) By Donald Jordan In 1985‚ Mikhail Gorbachev started a new programme of the reformation of the USSR‚ Perestroyka. It was aimed to improve the overall technological and industrial base hoping to increase the quality of life for many citizens in the country. The openness of the Soviet Union towards the Western world led to the new stage of relationships between the country and the Western companies. One of first firms interested in the Soviet market
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>cases McDonald’s Tests Catfish Sandwich >Abstract This case describes the test marketing for McDonald’s catfish sandwich in the Southeastern United States. It asks students to assume they are the new product development team and to assess the research design described. www.mcdonalds.com >The Scenario Nashville‚ Tennessee—McDonald’s Corp. is trying to hook customers in southern test markets‚ including one in Kentucky‚ on a new catfish sandwich. The chain is serving its newest sandwich in Bowling
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