1. Answer the questions for the case “integrating McDonald ’s Business‚ Human Resource‚ and Staffing Strategies" page 49‚ Chapter 2. [ 15 Marks] Questions 1: How would you describe McDonald ’s business strategy? What are the foundations of its competitive advantage? Answer: McDonald’s business strategy is a specialization strategy. The organization is built on a foundation that gives it a competitive advantage and a business strategy that is consistent‚ flexible‚ and specialized. McDonald’s
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Stock dividend * Definition: * A corporate distribution to shareholders declared out of profits‚ at the discretion of the directors of the corporation‚ which is paid in the form of shares of stock‚ as opposed to money‚ and increases the number of shares. * A dividend paid as additional shares of stock rather than as cash. If dividends paid are in the form of cash‚ those dividends are taxable. When a company issues a stock dividend‚ rather than cash‚ there usually are not tax consequences
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of managers towards their workforces may have changed since the early days of classical and scientific management. Throughout genrations business’s have always been required to change in the world whether this be changes in trends of consumers or internal changes such as technological progression. For the business to achieve an efficient and swift change it is important that employees and in particular managers are also able to adapt. Managing methods have changed as time has progressed this could
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at our disposal‚ has become much easier and faster. There are different choices for traveling to a place far away from my home like traveling by train‚ car‚ or taking a bus‚ each having both advantages and disadvantages. Given the choice‚ I always prefer to travel by train especially if it is an overnight journey. Trains are easily the most comfortable way to travel. One has the option of travelling in air-conditioned coaches either first class‚ 2 –tier or 3 –tier. At night there is hardly any scope
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STAKEHOLDER vs. SHAREHOLDER The central objective of the firm and its managers is making optimal tradeoffs and that of value maximization‚ i.e. maximizing total market value of the firm. There are two theories proposed to achieve the firm’s objective which are the ‘Stakeholder Theory’ and ‘Shareholder Theory’. “Stakeholder Theory” assumes that values are necessarily and explicitly a part of doing business and the manager needs to take into account the interest of all the stakeholders while taking
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Forms of payment Cash dividends (most common) are those paid out in currency‚ usually via electronic funds transfer or a printed paper check. Such dividends are a form of investment income and are usually taxable to the recipient in the year they are paid. This is the most common method of sharing corporate profits with the shareholders of the company. For each share owned‚ a declared amount of money is distributed. Thus‚ if a person owns 100 shares and the cash dividend is USD $0.50 per share‚
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The purpose of the corporation: Shareholder-value maximization? Finance Working Paper N°. 95/2005 Revised version: February 2006 Petra Joerg Institut für Finanzmanagement‚ Universität Bern Claudio Loderer Institut für Finanzmanagement‚ Universität Bern Lukas Roth The Pennsylvania State University Urs Waelchli Institut für Finanzmanagement‚ Universität Bern © Petra Joerg‚ Claudio Loderer‚ Lukas Roth and Urs Waelchli 2006. All rights reserved. Short sections of text‚ not to
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| SHAREHOLDERS WEALTH MAXIMIZATION | 10/11/2010 About GSK - Our company Established in the year 1924 in India GlaxoSmithKline Pharmaceuticals Ltd. (GSK Rx India) is one of the oldest pharmaceuticals company and employs over 3500 people. Globally‚ we are a USD 45 billion‚ leading‚ research-based healthcare and pharmaceutical company. In India‚ we are one of the market leaders with a turnover of Rs. 1860 crore and a share of 5.2 per cent*. At GSK‚ our mission is to improve the quality of
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Reasons Why You Should Always Have Travel Insurance There are certain types of travellers who see travel insurance as a needless expense. For them‚ a little positivity is enough to warrant a smooth‚ incident-free travel. In an ideal world‚ not a single aspect of one’s travel plans will go wrong. More often than not‚ though‚ unexpected events get in the way of an otherwise well thought out trip. Before you decide to skip on insurance on your next trip‚ consider the following reasons why having travel
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Shareholder and Stakeholder Over the last decade‚ with the rapid development of business management‚ the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders
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