sanitation‚ health facilities than their counterparts in rural areas. But the rural market is huge potential in India‚ as more than 70% of population lives in rural India. So as per the socio economic condition marketer has to plan differently for the rural market. A rural market can be defined as any market that exists in a area where the population is less than 10‚ 000. The rural market in India is scattered and spread over a wide geographical area. Indian market is divided into urban and rural markets
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Ashley Caldwell Harold Goldsberry Courtney Hamm Brandon Johnson Introduction “McDonald’s Corporation in the New Millennium‚” a case in Marketing Management: Case Analysis by Teams‚ discusses the challenges and opportunities faced by McDonalds in recent years. The four main areas covered by the case included the fast-food industry in general‚ McDonald’s as a corporation‚ major competitors in the hamburger segment‚ and major competition in the non-hamburger segment. Since the case’s writing
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http://businesscasestudies.co.uk/mcdonalds-restaurants/staying-ahead-in-a-competitive-environment/conclusion.html#axzz2RGLFIOpv Mcdonalds * The world’s largest chain of hamburger fast food restaurants * McDonald’s restaurants are found in 119 countries and territories around the world and serve 68 million customers each day making it the number one quick-service restaurant in the world. * McDonald’s operates over 34‚000 restaurants worldwide‚ employing more than 1.7 million people. The
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McDonalds has more than 31‚000 restaurants serving in almost 120 countries. Of the 31‚000 restaurants‚ at least 14‚000 are in US. However‚ now‚ because the care of McDonalds about favors and cultures in each countries it enters‚ McDonalds can open more restaurant in new areas such as China or India that the countries which culture influences on people lifestyle deeply. They are very potential markets. The expansion of these areas is big opportunities for McDonalds. China was McDonald‟s first
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SECTION C: ANALYSIS 1.Age Group Analysis I have conducted my research analysis based on 88 employees who are mostly from McDonald’s in central London area. The pie chart below shows the % of respondents in terms of age group. Figure 1: Age Group The above pie chart reflects the fact that the highest numbers of respondent were age group 18-24. Some of them just started their career after school with McDonald’s thinking they can go up the ladder‚ and some of them think that they need challenging
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India is the seventh largest country‚ and is the most heavily populated democracy in the world. Its population is currently around 1.1 billion which compared to the United States at a population around 313 million is much larger. Currently‚ the largest percent of the population in India is between the ages of 15 and 64‚ with people under the age of 14 coming in second‚ and lastly people over the age of 65 (Bouchard‚ 2010‚ 2). The biggest city in India is New Delhi which has a population around 21
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Global Business Cultural Analysis: India Abstract India is a complex nation with a rich history and years of diversity. With the rise of the global economy over the last century‚ it is safe to say that the country has become a major multi-national player. Although outsourcing to India has been a trend since the early 90’s‚ the country also has a growing local economy that is primed for investment should the right opportunity arise. However‚ not just any
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Cultural Differences between India and Canada Would people from different cultures have similar ways of living? While Canada is considered to be a recent civilization‚ India is an ancient one. Therefore‚ both countries have different cultures and ways of living. Some major cultural differences people tend to contrast between cultures are their food‚ clothing and life styles. The food in both of the countries is very different. People in India prefer home cooked meals prepared by their
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Summer‚ 235-253 Hodgetts‚ R.M.‚ Luthans‚ F. (1994). International Management‚ New York: McGraw-Hi Richard L.Daft‚(2005).Organization Theory and Design‚ 8th edition‚ Thomson ‚south-western(Chapter 10) Mead‚ R. (1994). International Management. Cross Cultural Dimensions‚ Oxford: Blackwell.
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Asian countries‚ mainly by Japan‚ China and India‚ registered a 9% increase in production over last year‚ constituting 35.9% of the global production. In fact China and India posted positive growth rate over 2003. This supply mainly catered to meet the demand from households where the automobiles constituted the second largest expenditure item next only to housing. Thus the global automobile industry dominated by Europe‚ US‚ Japan‚ and of late by China and India‚ continued to have a significant influence
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