McDonalds Strategic Audit Essay Example

McDonalds Strategic Audit Essay Example McDonalds Strategic Audit Paper McDonalds Strategic Audit Paper McDonalds as being ninth most valuable brand in the world which has replaced the US army as the Nation’s largest job training organization Controls the market share of more than 3 food chains taken together in America started in 1940. McDonalds Corporation (MCD) is the worlds largest chain of fast food restaurants, serving nearly 47 million customers daily. McDonalds primarily sells hamburgers, cheeseburgers, chicken products, French fries, breakfast items, soft drinks, milkshakes and desserts. More recently, it has begun to offer salads, wraps and fruit. Many McDonalds restaurants have included a playground for children and advertising geared toward children, and some have been redesigned in a more natural style, with a particular emphasis on comfort: introducing lounge areas and fireplaces, and eliminating hard plastic chairs and tables. Company has also expanded the McDonalds menu in recent decades to include alternative meal options like salads and snack wraps in order to capitalize on growing consumer interest in health and wellness. Each McDonalds restaurant is operated by a franchisee, an affiliate, or the corporation itself. The corporations revenues come from the rent, royalties and fees paid by the franchisees, as well as sales in company operated restaurants. McDonalds revenues grew 27% over the three years ending in 2007 to $22.8 billion, and 9% growth in operating income to $3.9 billion McDonalds’s success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of our people. McDonalds is continuing to expand and introduce new alternative beverages in the market. Approximately 85% of McDonald’s restaurant businesses world-wide are owned and operated by franchisees .All franchisees are independent, full-time operators. McDonald’s was named Entrepreneur’s Number-one franchise for 1997 McDonald’s corp. is currently one of the most successful consumer products company in the world with annual revenues exceeding $23 million and has more than 1.6 million employees. McDonald’s products are recognized and are most respected all around the globe. Currently, its divisions operate in all over the world in beverages, snack foods, and restaurants. The corporations increasing success has been based on high standards of performance, marketing strategies, competitiveness, determination, commitment, and the personal and professional integrity of their people, products and business practices. McDonald’s believes their success depends upon the quality and value of their products by providing a safe, whole some, economically efficient and a healthy environment for their customers; and by providing a fair return to their investors while maintaining the highest standards of integrity. McDonalds A Global Phenomenon McDonalds opened its doors in India in October 1996. Ever since then, our family restaurants in Mumbai, Delhi, Pune, Ahmedabad, Vadodara, Ludhiana, Jaipur, Noida Faridabad, Doraha, Manesar and Gurgaon have proceeded to demonstrate, much to the delight of all our customers, what the McDonalds experience is all about. Our first restaurant opened on 15th April 1955 in Des Plaines, Illinois, U.S.A. Almost 50 years down the line, we are the worlds largest food service system with more than 30,000 restaurants in 100 countries, serving more than 46 million customers every day. Locally Owned McDonald’s in India is a 50-50 joint venture partnership between McDonald’s Corporation [USA] and two Indian businessmen. Amit Jatia’s company Hardcastle Restaurants Pvt. Ltd. owns and operates McDonalds restaurants in Western India. While Connaught Plaza Restaurants Pvt. Ltd headed by Vikram Bakshi owns and operates the Northern operations. Amit Jatia and Vikram Bakshi are like-minded visionaries who share McDonalds complete commitment to Quality, Service, Cleanliness and Value (QSCV). Having signed their joint-venture agreements with McDonalds in April 1995, they trained extensively, along with their Indian management team, in McDonalds restaurants in Indonesia and the U.S.A. before opening the first McDonald’s restaurant in India.

MR5 Assignment Example | Topics and Well Written Essays - 250 words - 1

MR5 - Assignment Example By year 2009, percentage of subscribers steadily increased to 61.7%. But this is not always the case. A six-percent declination of market was experienced by Sprint even after the merge. Due to consolidations, large companies become stronger in the market while smaller wireless networks are affected disapprovingly. Reed’s statements are well-supported by relevant announcements of the Government Accountability Office or GAO. He is successful in giving statistics depicting the increase and decrease of wireless network companies’ economy. For instance, he quoted GAO’s statement that the prices of the wireless products are approximately 50% lesser than the prices of products 11 years ago. Unquestionably, wireless product consumers would choose to avail the merged services of two giant companies. Though this is a disadvantage to some small carriers, expansion of the wireless industry becomes possible. Small carriers try to be more competitive by offering new products and services to the

Zara - strategic review report for the CEO Essay

Zara - strategic review report for the CEO - Essay Example Zara, a brand of Inditex, has achieved to establish its position as a leading firm in the global fashion industry.The strategies of Zara are reviewed in this paper in order to identify the key reasons of the brand’s success. These strategies are evaluated by referring to the organizational internal and external environment as involved in the brand’s operations and performance. Appropriate literature has been used in order to understand the brand’s current strategies and its prospects for future growth. The paper has been divided into four parts. In the first part emphasis is given on the analysis of Zara’s macro and micro environment. In this way, the effectiveness of the brand’s strategies, as aligned with the conditions in the brand’s environment can be evaluated. The second and the third parts of the paper focuses on the challenges that Zara has to face in regard to its internal strategic audit and the management of its stakeholders. In th e fourth part, certain strategic options are presented, as available to Zara under current market conditions. The review of the organization’s environment has proved that the growth of Zara can be related to the interaction of a series of factors, referring both to the internal and the external environment of the brand; the brand’s success cannot be considered as resulted by chance. Introduction This paper focuses on the review and the evaluation of Zara’s strategies taking into consideration the conditions in the brand’s environment. Particular reference is made to the UK market, as the basis for analyzing the performance of Zara, both currently and in the near future. The strategic decisions of Zara are reviewed and evaluated in order to check the brand’s future prospects. In addition, this analysis helps to identify the strategic options appropriate for securing the brand’s further growth. Question 1 [1059 words] In-depth analysis of the competitive forces and strategic issues shaping Zara’s industry from 2012 onwards 1.1 Macro-environment: PESTEL Analysis PESTEL analysis, as a strategic tool, is based on the idea that the performance of an organization can be affected by six factors related to its external environment (Henry 2008). The PESTEL analysis of the UK fashion industry would refer to six elements of this industry (Bowhill 2008): a) Political; Political environment in UK is quite stable; government supports organizational growth in regard to all industries. Recently, on the 13th of March, the British government has asked for an inquiry in regard to the status of the country’s retail sector (Holland 2013), probably under the fear that governmental decisions do not effectively support the

Charlie and the Choclate Factory Essay Example for Free

Charlie and the Choclate Factory Essay Despite the fact these were produced 34 years apart, there are many striking similarities. Of course, there are also many differences, which a viewer would expect in films that were done so far apart. Although these films were done three decades apart, the formula of the fantasy genre has not changed much over the course of the decades. The most obvious similarity in the genre is the general audience who will view these movies. The general theory of the fantasy genre is to create an imaginary world, which viewers can get immersed in to give them a break from reality. In this regard, both films succeeded wonderfully. On the flip side, the major difference in the genre is the scope of the imaginary world that can be created. In Willy Wonka and the Chocolate Factory, the filmmakers were limited by having to create their imaginary world in a real world space. In 1971, filmmakers didn’t have the ability to create an unlimited virtual world like modern day fantasy filmmakers have, so the grandeur of the world that can be created now is very different. While the formula of the fantasy genre hasn’t changed a great deal, the social context of the time periods these films were made in has. For example, Willy Wonka and the Chocolate Factory puts a greater emphasis on the disparity between social classes, which was a major aspect of the 1970’s. The movie also focuses on proper behavior, being appreciative of what you have, acceptable societal behavior, and morals. In comparison, Charlie and the Chocolate Factory was created during a time period when society places more emphasis on entertainment value in movies, instead of using them as a tool to express and teach acceptable societal behaviors. The remake also doesn’t focus as heavily on the difference between social classes, as the social classes have been blurred in today’s society, and aren’t as well defined as they were in the 1970’s. Oftentimes, remakes deviate from what was done in the original movie. This is done for many reasons, but may actually hurt the remake. That is not the case with the editing style of these films, as the editing style of Willy Wonka and the Chocolate Factory had a significant impact on the editing style of Charlie and the Chocolate Factory. The editing style and importance of Willy Wonka and the Chocolate Factory, directed by Mel Stuart, made it become one of the mo Read Full Essay Join Now! Get instant access to over 50,000 Papers and Essays Join OtherPapers. com Similar Essays Charlie And The Chocolate Factory Rogers Chocolates Case Study (Internal/External Analysis) The House Of Spirits And Like Water For Chocolate, Respectively. Loss Of Innocence And The Corruption Of Man Are A Couple Of The Most Significant Themes Found In Both Books. These Themes Are Shown In The Characters Of The Book After What Really Makes Factories Flexible? Ethels Chocolate Lounge Chocolate Truffles I Like Chocolate Milk Rogers Chocolate Chocolate Case Testing To Find How Much Protein Is In 1% Chocolate Milk Versus 2% White Milk SWOT Analysis For Custom Coffee ; Chocolate Chocolate Case Factory Farming And Diabetes Like Water For Chocolate Analysis Donate paper | Join now! | Login | Support  © 2010 — 2011 OtherPapers. com OtherPapers. com High-quality Essays, Term Papers and Research Papers Access over 50. 000 Essays and Papers Get Better Grades! Sign up for your FREE account. There are ABSOLUTELY no membership fees at OtherPapers. om. For our free membership, please upload one paper to the site. Your account will be activated immediately! Prepare Your Document Title: Category: Select One American HistoryBiographiesBusinessEnglishHistory OtherLiteratureMiscellaneousMusic and MoviesPhilosophyPsychologyReligionScienceSocial IssuesTechnology Copy paste paper: Use this method if youd prefer to copy and paste your paper into a for m. Join now! Login Support Other Term Papers and Free Essays Browse Papers Music and Movies / Charlie And The Chocolate Factory Vs. Willy Wonka And The Chocolate Factory Charlie And The Chocolate Factory Vs. Willy Wonka And The Chocolate Factory Research Paper Charlie And The Chocolate Factory Vs. Willy Wonka And The Chocolate Factory and over other 20 000+ free term papers, essays and research papers examples are available on the website! Autor: people 30 June 2012 Tags: Words: 1820 | Pages: 8 Views: 57 Read Full Essay Join Now! Charlie and the Chocolate Factory (2005) is a remake of Willy Wonka and the Chocolate Factory (1971). Despite the fact these were produced 34 years apart, there are many striking similarities. Of course, there are also many differences, which a viewer would expect in films that were done so far apart. Although these films were done three decades apart, the formula of the fantasy genre has not changed much over the course of the decades. The most obvious similarity in the genre is the general audience who will view these movies. The general theory of the fantasy genre is to create an imaginary world, which viewers can get immersed in to give them a break from reality. In this regard, both films succeeded wonderfully. On the flip side, the major difference in the genre is the scope of the imaginary world that can be created. In Willy Wonka and the Chocolate Factory, the filmmakers were limited by having to create their imaginary world in a real world space. In 1971, filmmakers didn’t have the ability to create an unlimited virtual world like modern day fantasy filmmakers have, so the grandeur of the world that can be created now is very different. While the formula of the fantasy genre hasn’t changed a great deal, the social context of the time periods these films were made in has. For example, Willy Wonka and the Chocolate Factory puts a greater emphasis on the disparity between social classes, which was a major aspect of the 1970’s. The movie also focuses on proper behavior, being appreciative of what you have, acceptable societal behavior, and morals. In comparison, Charlie and the Chocolate Factory was created during a time period when society places more emphasis on entertainment value in movies, instead of using them as a tool to express and teach acceptable societal behaviors. The remake also doesn’t focus as heavily on the difference between social classes, as the social classes have been blurred in today’s society, and aren’t as well defined as they were in the 1970’s. Oftentimes, remakes deviate from what was done in the original movie. This is done for many reasons, but may actually hurt the remake. That is not the case with the editing style of these films, as the editing style of Willy Wonka and the Chocolate Factory had a significant impact on the editing style of Charlie and the Chocolate Factory. The editing style and importance of Willy Wonka and the Chocolate Factory, directed by Mel Stuart, made it become one of the mo Read Full Essay Join Now! Get instant access to over 50,000 Papers and Essays Join OtherPapers. com Similar Essays Charlie And The Chocolate Factory Rogers Chocolates Case Study (Internal/External Analysis)

The Common Origins of the World’s Major Religions Essay -- Essays Pape

The Common Origins of the World’s Major Religions All too often in modern society it is the differences and conflicts that serve to separate religious groups that are emphasized. The mainstream media, fundamentalists’ propaganda, and other sources choose to ignore the numerous similarities that many religions share, and instead focus on the divisive elements. In this paper, I will attempt to shed light on the many commonalities in dogma that I believe exist between the major religions of the world. I also want to illustrate the fact that in addition to having similar core teachings, many religions have histories that have either endured or arisen during times of persecution. It is ironic that in many cases, the persecution that a particular group faces happens to be at the hands of the mainstream of a society who at one time or another had been persecuted themselves for their religious beliefs. Throughout the history of civilization, religion has played an essential role in many societies. There are many reasons why religions have played such a prominent role in defining the culture of a society, but arguably the most notable of these reasons is that a belief or faith in a spiritual or divine power can add meaning and significance to may people’s worldly lives. This phenomenon has proven to be especially true amongst persecuted peoples. One of the reasons why persecuted peoples have shown a great propensity for holding steadfast religious beliefs is that their faith can give them a sense of hope and reason for living despite the terrible conditions of persecution. Evidence of this can be seen in the Jewish, Christian, and Islamic societies. All three of these societies have been subjected to varying forms of pers... ...micro as well as macro levels. Works Cited Armstrong, Karen. The Battle for God. New York: Random House, Inc. 2000. Armstrong, Karen. Islam. New York: The Modern Library. 2000. Chilton, Bruce. Rabbi Jesus. New York: Random House, Inc. 2000. Encyclopedia Britannica 2002 Herman, A.L. A Brief Introduction to Hinduism. Boulder: Westview Press. 1991. Humphreys, Christmas. Exploring Buddhism. London: George Allen & Unwin Ltd. 1974. Kauffman, William E. Contemporary Jewish Philosophies. New York: University Press of America. 1985. Iftekhar, Mahmood. Islam: Beyond Terrorists and Terrorism. Lanham: University Press of America. 2000. â€Å"Christians Try to Recapture Jewish Roots,† http://www.jewishaz.com/jewishnews/970418/christan.shtml http://www.religioustolerance.org/jainism.htm http://www.ops.org/scrtec/india/jainism.html www.beliefnet.com

The Effecrs Of Employee Satisfaction Essay

This week’s reading covered regression and inferences about differences. Regression is a statistical measure that attempts to determine the strength of the relationship between one dependent variable and a series of other changing variables. This information helps determine what factors affect certain outcomes and which do not. This article was really interesting as it explored a very realistic question of whether positive employee attitudes and behaviors influence business outcomes or whether positive business outcomes influence positive employee attitudes and behaviors. At its core concept, regression takes a group of random variables, thought to be predicting an outcome, and tries to find a mathematical relationship between them. This relationship is typically linear and takes into account all the individual data points. The hypothesis in this study by Daniel Koys was that employee satisfaction, organizational citizenship behavior, and employee turnover influence profitabil ity and customer satisfaction. Data was gathered from a restaurant chain using employee surveys, manager surveys, customer surveys, and organizational records. Regression analyses showed that employee attitudes and behaviors at a given ‘Time 1’ were related to organizational effectiveness at given ‘Time 2’ however additional regression analyses show no significant relationship between organizational effectiveness at Time 1 and the employee attitudes and behaviors at Time 2. Overall it was determined that employee behaviors have a more direct impact on organizational effectiveness than do employee attitudes, especially when the concept of organizational effectiveness includes profitability as well as customer attitudes towards the restuarant. Further research was conducted in a restaurant chain to determine the relationship between employee satisfaction on organizational citizenship. Employee satisfaction was measured using a survey of hourly employees. Organizational citizenship behavior was measured via a survey of the employees’ managers. Results from the study showed in Year 1, 774 hourly employees (average of 28 per unit)Â  and 64 managers (average of 2 per unit) responded to the surveys. In Year 2, 693 hourly employees (average of 25) and 79 managers (average of 3) responded. Customer satisfaction was measured by a survey conducted in 24 units. Surveys were distributed in the restaurants at predetermined times by the restaurant host/hostess and they collected 5,565 customer responses for Year 1 (an average of 232 per unit) and 4,338 responses for Year 2 (an average of 182 per unit). Based on results of the study it was determined that data supported the idea that human resource factors such as positive employee attitudes influence organizational effectiveness. The results showed that Year l’s outcomes account for 14% to 31% of the variance in Year 2’s organizational effectiveness. The results showed some support for the hypothesis that Year l’s unit-level employee satisfaction, organizational citizenship behavior, and turnover predict Year 2’s unit-level profitability but there was a stronger support for the hypothesis that Year l’s unit-level employee satisfaction, organizational citizenship behavior, and turnover predict Year 2’s unit-level customer satisfaction. In the reading it was noted that employee satisfaction had the only significant beta weight. Although this implies that employee satisfaction influences customer satisfaction, customer satisfaction may still affect employee satisfaction. There may be a reciprocal relationship between employee satisfaction and customer satisfaction but like all statistical results one can only conclude that data judging the relationship between employee satisfaction and organizational effectiveness is still an open question needing continued research.

Prison Culture Prisonization And Assimilation - 2740 Words

Prison Culture: Prisonization Assimilation in the U.S. Shanequa Ricketts John Jay College CRJ 425 Prof. Cheloukhine Summer 2015 Abstract Prisonization is a concept first introduced in 1940 by Clemmer. He defined it as the process of assimilation in prisons, where new inmates take on a less or greater degree of the customs, folkways, and the general culture in a penitentiary. Prisonization can be described in similar terms to those used by sociologists in capturing the processes of assimilation and socialization of communities at large. In the same manner people are assimilated to the customs and norms of a society, inmates must also assimilate themselves into the self-contained community they find in prison. They need to re-adjust from their normal lives and learn the new norms and rules, as well as the implied expected patterns of behavior since they are discordant from the societal values of a free world. Also referred to as the â€Å"inmate code†, this is the kind of behavior that is considered to be unacceptable in the free world but is encouraged, and rewarded within the prison walls. In the United States of America, the jail culture has been referred to as out of control and unruly in most cases. There have been instances of gang control of prison activities through member inmates. There are also patterns of assimilation in the jails, especially bearing in mind that most of the people incarcerated are from different cultures most and countries. In essence, the