Management discussion and analysis of McDonald Company (MD&A) Essay

Management discussion and analysis of McDonald Company (MD&A) - Essay Example McDonald Company is a US based company and has branches worldwide. The company has opened several branches in order to reach out to an ever growing number of customers in other countries. The company aims in opening the branches are to achieve long-term goals, which are maximization of profits and competitiveness in the market (Connolly, 2007 P. 109). When the company has several branches, it is at a better stage of producing products at low cost of production and, therefore, maximizing their profits. In addition, opening several outlets means that other companies will not imitate the company’s product and implement them in their own countries. This enables the company to stay relevant in the market since their products will be unique due to lack of competition. Reference Connolly, B. M. (2007). International Business Finance. New York, NY: Taylor & Francis Fried, G., Shapiro, J. S. & DeSchriver, T. (2008). Sport Finance-2nd Edition. New York, NY: Human Kinetics. Question 2 I choose to take an overview of the Management Discussion and Analysis of McDonald Company (MD&A). There are several fascinating things to learn from the company. First, The Company perceives itself as a franchisor and assumes franchising is significant to providing great, locally pertinent client experience as well as driving profitability. Second, McDonald’s revenues include sales by Organization-operated restaurants as well as fees from restaurants managed by franchisees Third, the firm is operated as separate geographic sections.... A, NJ: Pascal Press Question 3 Coast leadership, differentiation, as well as, focus strategies are applicable separately regarding any organization or environment. Any attempt to combine as well as reconciling the three strategies would lead in organizations being stuck along the way. The main reason why the three may not work together is because they differ on various dimensions and brings different requirements. These include resources, industry arrangement, skills, control procedures as well as management method. However, both cost leadership and differentiation strategies are unable to coexist in some firms while reconcilable in other industries. According to various studies done by scholars on manufacturing firms, it is clear that differentiators also engaged variables commonly linked to cost leadership strategy (Brigham et al, 2011 P. 87). Cost leadership strategy on the other side, also showed characteristics normally associated with differentiators. It suggests that there are no pure strategies and that both differentiation, as well as cost leadership, must be taken into consideration. McDonald company is one of American firms that have utilized differentiation strategy. The strategy calls for the creation of both product and service, which offers exclusive attributes, which are treasured by customers. The company learnt that the parent based there purchasing decision mostly on price. The McDonalds marketing executive, therefore, did what was seen as ingenious. They attached a $.50 toy in several of their products including the hamburger, French fries as well as coke. They went ahead, named the product a happy meal, and marketed it to the children. The industry knew that some clients visit its stores only to take a short break from their days work and not

Current Event issue Research Paper Example | Topics and Well Written Essays - 750 words

Current Event issue - Research Paper Example tries such as Iran, North Korea, Afghanistan, Iraq, Pakistan, China etc whereas Britain has many disputes with Argentina like Latin American countries. China has problems with India, Taiwan, Tibet etc. In short, interstate problems exist everywhere in this world and global governance is the only solution for these interstate problems according to Karns and Mingst. Karns and Mingst have defined global governance as follows: â€Å"Global governance is not global government; it is not a single world order; it is not a top-down, hierarchical structure of authority. It is the collection of governance-related activities, rules, and mechanisms, formal and informal, existing at a variety of levels in the world today†(Karns and Mingst, 2004, p.4). The concept of global governance put forward by Karns and Mingst seems to be good on papers and in practice it is not so. Since different types of governances are prevailing in this world, how we can expect that the collection of governance-related activities under the label of global governance may solve international problems or interstate problems. Moreover, different people may have contrasting beliefs, ideologies and customs and how we can use these things together for ensuring global peace and harmony. It should be noted that United Nations was founded immediately after WW2 to avoid or solve future interstate problems. However, we know that interstate problems are still going on at different parts of the world and UN seems to be ineffective in solving many of the interstate problems. Many people believe that in a unipolar world dominated by America, even UN like global agencies may fail to act neutrally. The on-going war on terror, Israel-Palestine crisis, the tensions between America and Iran are examples to prove the failure of UN. Under such circumstances how we can assume that the concept of global governance may ensure peace and harmony in this world. Even though the idea of global governance put forward by Karns and