Preview

Consumer Preference of Mcdonalds over Other Fast Food Chains.Docx Uploaded Successfully

Good Essays
Open Document
Open Document
650 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Preference of Mcdonalds over Other Fast Food Chains.Docx Uploaded Successfully
Consumer Preference of McDonalds Over Other Fast Food Chains

Introduction
A Locally Owned Company :
McDonald's is the world's leading food service retailer with more than 31,000 restaurants in 119 countries serving more than 50 million customers each day.
In India, McDonald's is a joint-venture company managed by two Indians. While Amit Jatia, M.D. Hardcastle Restaurants Pvt. Ltd. owns and spearheads McDonalds in west & south India, McDonald's restaurants in North & East India are owned and managed by Vikram Bakshi's Connaught Plaza Restaurants Private Limited.
Celebrating over 12 years of leadership in food service retailing in India, McDonald's now has a network of over 160 restaurants across the country, with its first restaurant launch way back in 1996. Prior to its launch, the company invested four years to develop its unique cold chain, which has brought about a veritable revolution in food handling, immensely benefiting the farmers at one end and enabling customers to get the highest quality food products, absolutely fresh and at a great value.

Statement of Problem
My dissertation is on the topic CONSUMER PREFERENCE TOWARDS MCDONALD’S. It talks about the fast food sector to which McDonald’s belongs competitors, threats and the costumer satisfaction and preference towards MCDONALD’S outlet in India. McDonald’s is a part of McDonald’s Corporation US.
As a part of our research work are trying to understand the costumers satisfaction level and preference which can fulfill all the costumer needs which will be further classified n further discussed in the report. Our basic object of this research work is to study the level of costumer satisfaction n preferences towards McDonald’s in India, buying behavior of the people living in India and thus listing out the short comings and drawing out conclusions according to the present needs of the consumer .As it’s said that “CUSTOMER IS THE KING” so all his/her needs have to be catered to.
The

You May Also Find These Documents Helpful

  • 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
  • Good Essays

    McDonald’s was invented in the year 1940 and has currently about 34 000 restaurants in the whole world. Since McDonald’s was found they established loads of shops especially in Europe and America.…

    • 580 Words
    • 3 Pages
    Good 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

    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
  • Powerful Essays

    Mcdonalds

    • 1076 Words
    • 5 Pages

    The McDonalds restaurant began in the early 1940 's by two brothers Dick and Mac Donald. These gentlemen started their operations in San Bernardino California. The McDonalds that we know and recognize today is as a result of the vision, growt,h and guidance of Ray Kroc. Mr. Kroc created the franchise model that initially grew to over 1000 restaurants across the United States and later on to other countries. This growth all took place prior to the end of the 1960 's. McDonalds has gained a tremendously successful growth record outside of the U.S. starting with its first international restaurant that opened its doors in 1967, in British Columbia. McDonald 's success outside the U.S has been so well that today more than fifty percent of its restaurants are international locations. (McDonald’s Abroad, 2009) Today only 45% of McDonalds U.S. Stores make up the company’s port folio. Through McDonald’s over 31,000 locations worldwide, it serves roughly 58 million customers daily. This…

    • 1076 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Essay McDonald’s vs KFC

    • 3323 Words
    • 14 Pages

    The international market is flooded with various sectors and industries that involve products of daily aswell as occasional use for the consumers. The use of the products can vary from industrial purpose toprivate consumption. One such thriving industry in the modern world is the food and beverageindustry. Food and beverage industry combined with the hospitality sector makes up one of the mostattractive target sectors for multi-national corporations. The concept evolved from the very first dinersin the late 18thcentury, when the world realized the concept of paid dining experience. Now, the worldcannot live without the taste of a McAloo Tikki or the zing of a Zinger. The bottom line being that theorder-to-eat MNCs have taken over the market like ants on a corpse, gobbling up every ounce of it.This sector has slowly covered all income groups of consumers and has targeted to achieve a marketshare of the highest percentage and the ever increasing competition is resulting in more profitableoptions for the consumers.The consumers are being served with a range of food and beverages to relish on catering every style of taste and preferences. With growing competition the food giants have take their services to a higherlevel with better decreased serving time, value for money prices and changing specialties in theirproducts.The following report is a comparative analysis of the operational parameters of McDonalds andKentucky Fried Chicken (KFC) and projects an overview of various factors that differentiate theservices of the two food giants. It covers factors like the product variety, customer reach, pricingstrategies, hospitality management, customer relationship management, supply chain management andemployee satisfaction programmes.The survey was based on the consumer’s response on their choice between KFC and McDonalds andthe basis of their choice was differentiated into various factors…

    • 3323 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Mac Case Analysis

    • 1211 Words
    • 4 Pages

    The increasing number of working wives resulted in lesser time to prepare meals helped to shape the eating habits of Indians towards more outside food than home-cooked food. Furthermore, there is also a shift in attitude towards embracement of the American culture within the rich and middle class Indians. This has not only helped McDonald’s to overcome its liability of “foreignness” but further provide an opportunity for it to exploit in its marketing and positioning. Conversely, diverse food habits purposes (e.g. 83% do not eat pork or beef) due to religious purpose proved to be a challenge for McDonald’s.…

    • 1211 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    McDonald is the world's leading food service retailer with more than 30,000 restaurants in 119 countries serving 46 million customers each day. Approximately 85 percent of McDonald's restaurants worldwide are owned and operated by independent, local businessmen and women.…

    • 3036 Words
    • 16 Pages
    Powerful Essays
  • Best Essays

    Mcdonalds in India

    • 2668 Words
    • 11 Pages

    * A conclusion of the report and my final opinion on McDonald’s in India and what the future…

    • 2668 Words
    • 11 Pages
    Best 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

    Mcdonald in India

    • 559 Words
    • 3 Pages

    Until late 1980s, India was a very closed and protective country in terms of economic, political and social perspectives. However, after this period dramatic changes happened in all of these areas. At the time, the political leaders pursued policies of economic nationalism but these policies were inefficient and by 1990, India was facing a severe economic crisis. In response, the government introduced a series of liberalization policies designed to decrease the government control. The Indian social values also start changing in the late 1980s, there was an increasing acceptance of foreign culture. With this wide range of reforms in the 1990s combined with the large consumer market there were enough incentives for McDonald’s to enter in the Indian market. Before opening their first restaurant, McDonald’s spent many years planning and researching Indian market. The fast food company had a very well defined entering strategy, it wanted to get accepted and blend into local Indian cultural. To succeed in this objective, the restaurant developed a variety of strategies with especial focus on Indian consumers. McDonald’s was very concerned with Indian religious sensibilities, consumer’s food habits and with potential confrontations with the government and political activists. Most people do not eat beef and pork and prefer vegetarian foods, so McDonald’s created a menu that is specifically designed to Indian consumers introducing local products. Although trying to appeal all ages, the company positioned itself as family restaurant, in order to meet the changing family system and Indian social values, since is a country in which children are the family priority. Regarding the Indian Government, as long as the company pursues the purpose of creating employment opportunities and meet the government’s standards for regulation on food, health and hygiene, the support would…

    • 559 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Mcdonalds in India

    • 1838 Words
    • 8 Pages

    In America, we consider McDonald’s to be a beef serving, sometimes fatty fast food restaurant, but after a 6 year business plan to sway the Indian population, McDonald’s has transformed. If they can continue this growth in India, and all over the world, globalization will start to love McDonald’s even more. They seemed to have hit the right points, from playing it safe, investing their time doing marketing research, to find the best places to put a restaurant and finding out what it is that people in India like to eat. This is what has separated McDonald’s from the rest of the western restaurants which tried to take the easy approach, just jump right into the country blind folded, and hope for the best.…

    • 1838 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Research Proposal

    • 1036 Words
    • 5 Pages

    A franchisee, an affiliate, or the corporation itself operates a McDonald’s restaurant. McDonald’s owns about 20% of the restaurants. The remaining 80% are operated by franchises. (http://www.aboutmcdonalds.com, 2012)…

    • 1036 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    The following report is a comparative analysis of the operational parameters of McDonalds andKentucky Fried Chicken (KFC) and projects an overview of various factors that differentiate the services of the two food giants. It covers factors like the product variety, customer reach, pricing strategies, hospitality management, customer relationship management, supply chain management and employee satisfaction programmes.The survey was based on the consumer’s…

    • 1385 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    McDonald's Corporation (NYSE: MCD) is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries. Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth.…

    • 3966 Words
    • 16 Pages
    Better Essays

Related Topics