Monday, June 10, 2019
Company analysis Essay Example | Topics and Well Written Essays - 1500 words
Company analysis - Essay ExampleFor instance, McDonalds engages in a serious training weapons platform for its managers. The training program is referred to as Hamburger University where professionalism is the base of its success.The McDonalds plan to win encompasses a framework for its global business. Through its strategic focus of the elements of people, product, place, price and promotion, the guild has been capable to capture the largest number of customers in the fast nourishment industry. This has been in line with combination of financial discipline that has made it possible for the organisation to puzzle and maintain competitive advantage.For there to be success in any business, Yuece (5) argued that there is a need to have innovative ideas that enable a confederation to develop the existing products and services including introducing new products for the customers. This goes in line with the continued market research especially on customers needs and preferences. With this in mind, McDonalds has been able to able to design online services where customers are able to order online. This creates efficiency and reduction of time wastage.However, the company has been experiencing bad image in relation to unhealthy food habits encouraged by the consumption of fast foods that have been linked to obesity and other bad eating habit complications. This has led to the company being obscure in several lawsuits and other legal cases. For instance, many cases have been brought forth in relation to trade mark issue. In addition, due to increased competition, McDonalds has face up stiff competition from its competitors. This has been attributed to what McKean (4) termed as rationality of consumers. This is the situation where customers become rational in consumption depending with the variety of choices that go in line with their needs and preferences. Therefore, if McDonalds competitors offer what some customers think best suits them, there are high chances t hat
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