Preview

Macdonalds

Better Essays
Open Document
Open Document
1108 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Macdonalds
In the 20th century, loads of company had been established and some of it reached the uttermost of growth in their company. However, a short term achievement for a company does not ensure that the company will be the same in the future. Eventually some of the splendid company that been so popular for the past such as Kodak, had fall and collapsed during the 20th century. On the other hand, I will be discussing about MacDonald’s, the top 4 grossing fast food restaurant in the midst of the world, (Sarah,2008) and the various technique for this company to be so successful. First of all, whenever we are in rush, yet hungry, the thing we would prefer is to grab a fast meal and MacDonald’s is definitely one of the fast food restaurant that we will choose. According to the MacDonald’s Corporation website, MacDonald’s has more than 34,000 restaurants around the world in 119 countries, including Malaysia. Thus, it is as simple as ABC to find any MacDonald’s outlet nearby and have a quick and fulfilling meal especially in a buzz and hustle big city such as Kuala Lumpur where most of the time is spent on the traffic. Nevertheless, MacDonald’s do provide drive thru and delivery services not forgetting that most of the franchise of MacDonald’s is open for 24 hours every day and all these services have provide much convenience for people to get their meal settled anytime, anywhere.
Besides, MacDonald’s do provide lots of choices for their foods, drinks, desserts and appetizer. Furthermore, MacDonald’s had launched a lot of promotions and great deals such as weekday breakfast deals, all day lunch and dinner time with discounted prices. In addition, MacDonald’s provide festive sets which are only limited for a certain period of time where sometimes there will be certain types of toys to be collected and for each set of the meal, only one toy will be given for the customer and this will attract people to dine in MacDonald’s in order to collect a complete set of the toys. The



References: 1. Sarah,P., (22th May 2008). Focus: ‘Top 10 Fast Food Franchises. Entrepreneur, [online]. Available at: <http://www.entrepreneur.com/article/194050#> [Accessed 26 April 2013] 2. konyonglee., (30 September 2012). Focus: ‘Why is the McDonalds franchise so successful?. Lou 's Blog, [online]. Available at: < http://blogs.ubc.ca/konyonglee/2012/09/30/why-is-the-mcdonalds-franchise-so-successful/> [Accessed 28 April 2013] 3. Christopher Egerton-Thomas., 1995. How To Open & Run A Successful Restaurant. 2nd ed. Canada: John Wiley & Sons, Inc. 4. Solomon. Et al., 2009. Marketing 2. 6th Ed. Australlia: Pearson Education, Inc.

You May Also Find These Documents Helpful

  • Good Essays

    Management Macdonald

    • 999 Words
    • 4 Pages

    Many people start to come through Macdonald every day and trust in Macdonald’s integrity that keeps them coming back. Macdonald earns that trust by respecting their customers and employees, and delivering outstanding quality, service, cleanliness and value. Macdonald’s Australia limited is an unlisted Australian public company limited by shares. It is a franchise business with more than two thirds of Australian restaurants owned and operated by individual businessman and women. The remainders of the restaurants are run by company staff. Their corporate values appear in everyday working life and guide their strategic direction and corporate planning. Their vision and values are placing the customer experience at the core of all they do, committing to their people, believing in the McDonald’s system, operating their business ethically, giving back to our communities, growing their business profitably, and striving continually to improve. In 1954 in the UAS there was a milkshake machine salesman named Ray Kroc. Ray received an order from the McDonald brothers’ hamburger outlet in California, and impressed by their company, the menu was simple and cheap but the hamburgers were good, the fries were made in-store and the shakes were thicker than usual. Ray made them an offer that let him open new McDonald’s stores. The MacDonald’s brothers accepted and ray opened his first store and he began to build the business by granting franchises to local entrepreneurs.…

    • 999 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Without a doubt McDonalds is a model of international financial success. The process of McDonaldization is not limited to the fast food industry or to its nation of origin. Why is the McDonald's model or McModel one that is transferable across industries, societies and around the globe? According to Ritzer, the principles of the fast-food restaurant appeals to consumers, workers and managers. That is efficiency, calculability, predictability and control. Efficiency is attractive to customers who have time constraints and are eager to eliminate their hunger as soon as possible. Employees also work to maximum efficiency by following the clearly defined steps in a pre-designed process they were trained in. They are also closely monitored by their managers to ensure they follow their tasks. Calculability is another feature of the McDonaldization process. The size of portions and the cost of production, as well as how long it takes to attain that product. All these quantitative elements are emphasized in McDonaldized systems. Predictability is a key attraction for the consumer. The McDonald's logo is a guarantee that regardless of location that the burger and fries purchased will be identical. The working environment is also predictable as staff…

    • 1516 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Mcdonalds and Starbucks

    • 1763 Words
    • 8 Pages

    McDonalds is a longtime leader in the fast food business. Since its opening in 1954 it has seen tremendous growth to about 30,000 plus restaurants and credit of serving about 43 million people in 100 different countries every day. The success and strategies of the company are celebrated often in the world media. The company had to focus on their core values and develop strategies that help rebrand itself in the market. Continuous attention on the customer needs and their values is main strategy for resurgence as top fast food retailer. They spend huge money on advertising to promote their brand. Their advertising budget for year 2011 was almost in the vicinity of one billion dollars. McDonalds has been working on improving and maintaining its brand value since it has seen its profits decline especially from 1997 to 2002.…

    • 1763 Words
    • 8 Pages
    Better Essays
  • Best Essays

    Marketing Plan Phase 4

    • 4345 Words
    • 18 Pages

    So far the current marketing plan has been working to launch McDonald’s to the forefront of fast-food suppliers in the World. McDonald’s is innovative and uses every promotional opportunity to meet its goal to be the World’s favorite place to eat. The company is connecting with customers through the many social networking sites like You Tube, Twitter, and Face Book. Although McDonald’s has a basic menu, it caters to the different tastes of consumers around the World.…

    • 4345 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    History of Mcdonald

    • 6300 Words
    • 26 Pages

    McDonald’s is a company which has a colorful history and developed the culture associated with the Fast Food Chain today. In 1937, the McDonald’s brother Richard and Maurice opened the first McDonald’s restaurants in America; it was a freestanding business that offered until then an unthought-of concept. The main items they then sold were beef or pork burgers, fries and drinks. Their restaurant were set up differently to the restaurants of those times, with open kitchens the customers could see right through, and counters with many operational cash registers. Under a high degree of customer satisfactory contributed for business expansion, McDonald today has over than 30,000 restaurants over than 100 countries in the world and it has maintained the top position in the Fast Food Industry for the past 50 years.…

    • 6300 Words
    • 26 Pages
    Powerful Essays
  • Good Essays

    Fast Food Nation

    • 829 Words
    • 4 Pages

    The McDonalds Corporation has become a powerful symbol of America’s service economy, which is now responsible for 90 percent of the country’s new jobs. In 1968, McDonalds operated about one thousand restaurants. Today it has about thirty thousand restaurants worldwide and opens almost two thousand each year. An estimated one out of every eight workers in the United States has at some point been employed by McDonalds. The company annually hires about one million people, more than any other American Organization, public or private. (Schlosser 5).…

    • 829 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Today, McDonald’s is practically everywhere in the world and is a part of their cultures. The explanation of McDonald’s success can be derived from many things, but the ones that stand out are first their branding. They have been around for over sixty-five years and that certainly helps with branding. As of today, McDonald’s success in the public’s eye is that they have quality food at a low price that is given to the customer quickly with great service and clean facilities.…

    • 1116 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    We all know of McDonald’s a being one of the biggest, popular, and best food chain restaurant around the world. The fast food chain was started in 1955 by Ray Kroch in California. The restaurant took pride in providing hot French fries, delicious hamburgers, and their speedy drive-thru service. The fast food chain started with one small restaurant and got restaurants all over the US and other countries. McDonald’s main mission is to keep serving a budget and healthier friendly menu. The restaurant chain has over 30,000, and that is in a least 100 overseas locations. McDonald’s as a fast food chains earns more than a billions…

    • 1119 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    McDonald’s has been in business since 1955. Through many years of great strategic and financial planning, it has become one of the most successful food chains in the world. In order to continue its great success, McDonald’s must continue to adapt to change. In this paper we will discuss the strategic and financial planning that would be necessary to keep McDonald’s on top of the food chain.…

    • 1726 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Bahaudin, M.G., Patel, B. (2007). Nova Southeastern University: McDonald’s Success Strategy and Global Expansion through Customer and Brand Loyalty. Retrieved from http://clutinstitution-onlinejournals.com/PDFs/115.pdf…

    • 1959 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Obesity Essay

    • 1521 Words
    • 7 Pages

    Swaine, Jon. "Fast food restaurants ." Google. The Telegraph, 204 October 2010. Web. 26 Mar 2012.…

    • 1521 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    The fast food industry, and McDonald’s in particular, have come to be regarded as emblematic of a new global culture (Leidner, 2002, pg 8). McDonald’s operates in almost the same way wherever its stores are located. Ray Kroc, the founder of McDonald’s, emphasized that a standardized approach to food production and customer service is the key to commercial success (Love, 1995 p114). Some argue that McDonald’s is the reason there is a fast food industry (Love, 1995 p25-27).…

    • 2316 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    McDonald’s is a fast food restaurant chain and “has over 32,000 locations in more than 100 countries around the globe” (McDonald’s website). It is one of most popular fast food restaurants in the world, and preferred by a lot of people. The restaurants are very modern and cozy and always have a place for children to play in. It is also known for their Happy Meals, which contains a hamburger, french fries and the always desired toy. McDonald’s is my favorite fast food restaurant because it has everything I love. Their food is my favorite, the service is good and they have charities, which is very important.…

    • 829 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    McDonalds

    • 347 Words
    • 2 Pages

    The internal analysis of the firm describes the strengths and weaknesses the firm brings to its competitive environment. What resources or capabilities can a firm leverage against its competitors and/or to tap new markets? What weaknesses we might see that will handicap the firm in the future? You should perform the internal analysis using the value chain approach that we will discuss in class (see description below, as well). This approach consists of breaking the firm into the main activities in the value chain and then determining which activities may yield a competitive advantage for the firm. As an example, cost leadership can be the result of engineering capabilities. While sometimes difficult to use, the VRIO analysis is another good analytical tool which can help you to organize your thoughts and develop your case.…

    • 347 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Social responsibility

    • 13739 Words
    • 55 Pages

    With pressure to get back on track, it was time for McDonald’s to rethink the business.…

    • 13739 Words
    • 55 Pages
    Powerful Essays