EMG 20 Case Study No. 1 McDonald’s: Serving Fast Food around the World Ray Kroc opened the first McDonald’s restaurant in 1955 in the United States. He offered a limited menu of high quality; moderately priced food served fast spotless surroundings. McDonald’s QSC&V (quality‚ service‚ cleanliness‚ and value) was a hit. The chain expanded into every state in the nation. By 1983 it had more than 6‚000 restaurants in the United States‚ and by 1995 it had more than 18‚000 restaurants in 89 countries
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Target of McDonald’s: In the beginning McDonalld’s was considered as a Family restaurant. Then they started positioning according to the kids as well by introducing new advertising of toys with their products such as “Happy Meal”. In the start they made certain special efforts to not allow it to convert into a teenage and adults (20 to 24 years of age) hangout place. Now youngster and adults has became so use to fast foods that McDonalds should also target them and try to position McDonalds as a
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Mc Donald’s target market is every segment of the demography! The segments of the demography are; family life-cycles‚gender‚ age‚Nationality‚ Income‚Generation‚Race etc. Like u stated‚ Marketing Mix are the 4p’s: Product‚ Price‚Place‚Promotion 1.Mc Donald Product :value-priced ‚ fast-serviced meal 2.Mc Donald Price: my guess is Value-pricing (offering just the right combination of quality and good service at a a fair price) 3. Place: Strategic location of most Mc Donald fast-food outlet
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management experience. The last benefit of this model is the chance of the company to identify and develop the locations‚ polices quality‚ and develops new products. Operations are large scale and efficient. Weaknesses of McDonald’s model Sharing profits McDonald and the franchisee seek to earn profits over a long period of time so the revenues must be fixed and sufficient to share profits among them. Loss of absolute control MacDonald doesn’t have the complete right to manage or take decisions alone. So
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An Ethical Organizational Communication Analysis of McDonald’s Yijun Zhang October 17‚ 2014 The McDonald’s corporation was started in 1940 and has since grown as a fast food entity‚ with restaurants and supply outlets all over the world. Maurice and Richard McDonald started a Bar-B-Q restaurant in San Bernardino‚ the United States in 1940(“McDonald’s History”). In 1948‚ they introduced the “Speedee Service System” and the CEO Ray Kroc established the McDonald’s System Inc. in Illinois in 1955. In
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Supersize Me – Video Questions Amanda Cai Food and Nutrition Period 5 1) How does McDonalds market its food to increase sales? By strategically placing pictures and words‚ advertisements are made in a way to convince us to blindly purchase the product without a second thought. It just so happens that McDonalds the worlds #1 fast food franchise is also one of the most heavily advertized fast food companies. Commonly viewed video advertisements and product placement to perfectly photo shopped
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haven for girls all over the world‚ in every situation in the protection of her words. The simple idea this novel is for the bringing together of women through sharing their stories allowing them to relate. Women are always blamed for being raped‚ they either dressed too provocatively or that they had it coming to them. In today’s society women are taught many different was to avoid getting raped which doesn’t seem to make a change in the rape victim cases around the world. Rape has many traumatic side
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“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines‚ sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover。” Mark Twain When you travel the world‚ you have the opportunity to experience different cultures and meet new people. It is inevitable that through these experiences you will learn a lot about yourself. Who you are as a person and what you want out of life might very
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beliefs‚ and value systems‚ Mcdonald’s had to consider the cultural‚ economical and sociopolitical factors. Cultural Issue Because 80% of the population in India practice Hindu‚ which prohibits the consumption of beef‚ and of practicing muslims who do not consume pork‚ McDonald’s in India was the first of its kind to serve non-beef and non-pork products. McDonald’s understood that to be successful in this market they would have to consider the cultural differences factor. According to “Mcdonald’s
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The modern world changes very quickly because people want to make it better for themselves. Since the end of the XX century people in many respects depended on electricity and cars. In it there are also pluses. First our life became much more comfortable than ever‚ in - the second any information which can be necessary for us is available and we can receive it irrespective of time and much quicker than earlier. We without fail carry the Internet to number of such conveniences. The world wide web unites
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