Friday, October 18, 2019
McDonalds Business Strategy Essay Example | Topics and Well Written Essays - 1250 words
McDonalds Business Strategy - Essay Example This essay introducts the reader to McDonald's corporative history, it's global strategy success ass well as other business strategies. Today, McDonaldââ¬â¢s is considered as the worldââ¬â¢s No. 1 fast-food company with more than 31,000 restaurants across 120 countries particularly in US, Europe, APMEA, Latin America, and Canada. The success of McDonaldââ¬â¢s going global strategy is reflected with its 5.7% increase in global sales as of January 2008. In this essay SWOT analysis as well as Porterââ¬â¢s Five Forces model and Related Key Points were used to demonstrate corporative strengths and weaknesses. However, this essay not only focuses on McDonalds itself, but also analyzes McCafà ¨'s as being one of the world's biggest coffee retailer. With the use of SWOT analysis and Porterââ¬â¢s Competitive Forces Model, the researcher will examine the business status of McCafà ¨ within the global coffee industry. The researcher also tries to promote franchising option to business people and even suggests some operational strategies for McCafà ¨. Prior to the conclusion, the researcher will propose an appropriate strategic plan for McCafà ¨s. These strategic plans mainly focusses on Merger and Acquisitions (M&A) strategies, using of organic food products and entering into a joint-venture contract. In conclusion, the researcher suggests that by maintaining a good quality customer service, McCafà ¨ could provide its customers a pleasant atmosphere wherein friends and families could meet for a fresh cup of good quality coffee experiences.
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