Preview

Mcdonald’s

Powerful Essays
Open Document
Open Document
2225 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mcdonald’s
Mcdonald’s

McDonald's is the world's leading global foodservice retailer with more than 33,000 locations in 118 countries. McDonald’s has several company owned stores, but uses Franchising for both domestic and international expansion. McDonald's India was set up as a 50:50 joint-venture between McDonald's at a global level and regional Indian partners such as Hardcastle Restaurants Private Limited in western India, and Connaught Plaza Restaurants Private Limited in northern India. McDonald’s currently has over 220 restaurants in the country.

McDonalds doesn’t provide any financial assistance and absentee ownership of finance is not allowed. Also, the financial requirements are quite steep.

MFY- for implementing the MFY (Made for You) option for customers, the franchises are required to upgrade their equipment at their own expense. This caused some problem with maintaining standard service across all outlets. Pricing and menu may also be a point of difficulty for the franchiser and franchisee as prices vary between companies owned and franchised stores.

Inconsistent standards- There are several instances of poor service or disgruntled customers complaining about the quality of food served. This is because it is difficult to enforce the exact same standards in all franchised stores.

McDonald’s aims to provide 100 percent total customer satisfaction. In order to achieve this goal , McDonald’s relies on its operating philosophy based on QSC & V – Quality, Service, Cleanliness and Value.

McDonald’s believes that customer satisfaction is crucial to the success of the brand and all
Restaurants must perform to the standards. These standards are used in both company owned and franchised restaurants.

QUALITY

Best ingredients:
This is achieved by its commitment to sourcing all its requirements from local farmers and suppliers. Before entering India, the company spent six years and Rs. 450 crore toset up its supply chain. In India McDonalds

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Tui Mgt 499 Module 1 Slp

    • 426 Words
    • 2 Pages

    The McDonalds Corporation mission is to be our customers’ favorite place and way to eat. Our worldwide operations are aligned around a global strategy called the Plan to Win, which center on an exceptional customer experience through people, products, place, price and promotion. McDonalds is committed to continuously improving their operations and enhancing our customers’ experience. The goals or as McDonalds identifies them as the values of the corporation is to 1. Place the customer experience at the core of all we do 2. Be committed to the people 3. Believe in the McDonalds system, and to operate their business ethically.…

    • 426 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The McDonalds organisation is committed to QSC – quality, service and cleanliness. In doing this they are striving towards gaining trust and respect from their customers. The restaurant chain primarily sells fast and convenient foods such as hamburgers, fries, chicken products and desserts, but also caters for the health conscience by delivering heart tick approved meals and deli choice options. As part of their marketing mix they have differentiate themselves from competitors by placing an emphasis on customer satisfaction and the customer experience as whole. In comparison to Hungry Jacks “the burgers are better” slogan which stresses only the burgers are better.…

    • 7731 Words
    • 31 Pages
    Powerful Essays
  • Satisfactory Essays

    Aims of Mcdonalds

    • 292 Words
    • 2 Pages

    Their objectives to get Customer Satisfaction are things such as hygiene. We don’t want to eat in a dirty place and McDonalds have regular cleaning every half an hour, they employ a person a day to look after toilets along; a clean as you go service! Also high quality quick food. To make the customer coming back. By following this they are following the S.M.A.R.T criteria.…

    • 292 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    McDonald 's had been working critically on its supply chain part. Considering, an international brand trying to make inroads into the Indian consciousness, its Indian supplier partners were developed in such a manner that made them stay with the company from the beginning. Bakshi explains, "The success of McDonald 's India is a result of its commitment to sourcing almost all its products from within the country. For this purpose, it has developed local Indian businesses, which can supply them the highest quality products required for their Indian operations." As per today 's standings, McDonald 's India works with as many as 38 Indian suppliers on a long-term basis, besides several others standalone restaurants working with it, for various requirements.…

    • 1564 Words
    • 7 Pages
    Better 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
  • 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
  • Better Essays

    “McDonald's brand mission is to "be our customers' favorite place and way to eat." Our worldwide operations have been aligned around a global strategy called the Plan to Win centering on the five basics of an exceptional customer experience – People, Products, Place, Price and Promotion. We are committed to improving our operations and enhancing our customers' experience.” --http://www.aboutmcdonalds.com/mcd/our_company/mcd_faq/student_research.html#1…

    • 2317 Words
    • 10 Pages
    Better Essays
  • Better Essays

    Mgt 230 Week 4 Paper

    • 1799 Words
    • 8 Pages

    McDonald's has successfully created a brand/name for itself as the leading fast food retailer in the world. It is somewhat of impossibility for one to not come across a McDonald's with over 30,000 local restaurants in over 100 countries (McDonald's, 2011). Those restaurants are owned either by a franchise owner or a corporation; a percentage of all the earnings from a franchise owner, including a percentage from their annual revenue go to McDonald's.…

    • 1799 Words
    • 8 Pages
    Better Essays
  • Good Essays

    A strength of McDonald’s through this information is that a strong majority with 85% are happy with the service. With this McDonald’s knows that they do not need to dedicate much of their time to improve customer service, this time could be spent on something else. 90% of the 200 people that were asked said that the parking facilities at the McDonald’s restaurants were good enough for the customers. This is very good news as it encourages more potential customers to come in. In the report it was also found that 80% of the people studied said that they were happy with the hygiene levels of the business.…

    • 1205 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Mcdonalds

    • 1076 Words
    • 5 Pages

    McDonald 's is one of, if not the most widely recognized names in the food industry. This is quite the accomplishment for the once small family owned burger establishment founded back in 1948. McDonalds is not only a giant in the food industry, but has also grown to be one of the largest real estate holding companies in the world. McDonalds owns a considerable number of the properties that the McDonald’s stores reside on, leasing them out to the franchisees. McDonalds has expanded its operations to over 30,000 establishments located all over the world in over 118 countries. Being the largest restaurant in the world’s, has not come without its fair share of significant accomplishments and setbacks. The company has for various different reasons had to close some of its foreign operations in countries such as Bolivia, Jamaica, and other countries where sales were not doing satisfactory. Overall, none of these seems to have any substantial effect on the colossal giant (McDonald’s Abroad, 2009).…

    • 1076 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Mcdonalds

    • 2120 Words
    • 9 Pages

    Forty eight years down the line, they are one of the leading restaurant chains in the world, touching the live of people every day. Currently, McDonald’s has more than 31,000 restaurants in 119 countries, which are on every continent except Antarctica, serving more than 58 million customers each day and employing more than 1.5 million, with revenues of about $23 billion.…

    • 2120 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Mcdonalds in India

    • 510 Words
    • 3 Pages

    Now a day McDonald’s have a big plan of expansion in India. They are projecting an increase of 1000% (or 10 times what it is now) for the year 2025. Currently there are 170 McDonalds' in India and for the next three years they have plans on opening 120 more (roughly 1 new restaurant every 10 days) with an investment of $ 108 million. Drawing a parallel, in China, there are 1080 McDonald's restaurants.…

    • 510 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    McDonalds

    • 337 Words
    • 1 Page

    registered users to look for buyers or sellers of products and services. In other words,…

    • 337 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Case Study

    • 1771 Words
    • 8 Pages

    This case study discusses how McDonald’s India managed to buck the trend in a struggling economy, its early years and business strategy to get more out of its stores in India. The case also briefly discusses how McDonald’s adapted to local culture in India, its localization and entry strategy, its strong supply chain and pricing strategy.…

    • 1771 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Management Issue

    • 725 Words
    • 3 Pages

    McDonald is known to be a Multinational Company because it is an American’s company which having its parent headquarters in Oak Brook, United State of America but also established a few headquarters in other countries such as Singapore, India, Malaysia, Canada and many more. In Malaysia, McDonald are operated by many local franchisees that operating almost in every states.…

    • 725 Words
    • 3 Pages
    Good Essays

Related Topics