MCDONALD'S OPERATIONS AND CASE STUDY EXAMS COMPILATION BUNDLE 2023/24|DOWNALOAD TO PASS

Strategic role of operations Bc McDonalds is of such big size and operations = can employ economies of scale to create a cost adv over competitors. And the company has invested in tec and and global operations training program thru their university. Plan to modernize its management structure ...

Cost leadership The large turnover of stock means that McDonald's has the power to employ economies of scale to create a cost advantage over competitors Globalisation has enabled the integration of economies which has allowed Mc Donalds to transfer capital, labour and intellectual property...

Globalisation Competitive advantage = adapting to global conditions. 38 000 restaurants in 120 countries. Quality tests three things Quality of inputs used Durability and reliability of the good or service The good is fit for purpose Eg. 2011 McAus coffee did not meet customers' "soph...

Strategic Role of Financial Management financial management at McDonald's is concerned with how assets are deployed, how these assets are financed (either via debt or equity) and the overall profitability of the company. Objectives of Financial Management: Profitability McDonald's aimed f...

Entrepreneur A initiative,biggest beneficiary and risk-taker Customer A consumer or organization,purchase goods or service from a business Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:02 / 0:15 Full screen Consumer An Indiv...

the strategic role of marketing goods and services At McDonald's, marketing plays a vital role in sustained sales growth. The company does this by developing a range of strategies in regard to product design, pricing and promotional campaigns. Marketing plans are then used to employ strategies tha...

Executive Summary The purpose of this report is to outline the legal structure of McDonald's, to establish the internal and external influences in the business environment and analyse the various influences that impact McDonald's as a company, this report also contains a franchise element. Both i...

The desired outcome of Coca-Cola's advertising is for people to exchange money for their product. TRUE The Coca-Cola Company's decision to adopt a Responsible Marketing Policy indicates they will move forward in advertising with a societal marketing orientation. TRUE Brainpower ...

What does LAST stand for in the crew recovery guide? L-Listen Attentively A-Apologize while demonstrating understanding S-Solve the problem-Make it right T-Thank the guest What does the L in the guest recovery guide stand for? Listen Attentively Brainpower Read More Previous ...

Who were the McDonald Brothers? Dick and Maurice (Mac) Where was the first McDonalds? San Bernardino, California Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:02 / 0:15 Full screen What was the first food McDonalds sold? Hot...

C.B. Management, Inc., had a franchise agreement with McDonald's Corp., to operate McDonald's restaurants in Cleveland, Ohio. The agreement required C.B. to make monthly payments of certain percentages of the gross sales to McDonald's. If any payment was more than thirty days late, McDonald's ha...

What does Ray Kroc sell to restaurants at the beginning of the movie He sells the two milkshake makers How many milkshake machines does McDonald's order from Ray Kroc They order 6 Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01...

Statement of Purpose A brief explanation of why the writer of a business plan is asking for a loan and what she or he plans to do with the money. Business Plan Definition A written document that describes all the steps necessary for opening and operating a successful business. Brai...

Secret shopping provides research to evaluate: service standards The marketing concept requires information about: customers Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:00 Full screen Marketing information systems pr...