Wednesday, May 6, 2020

Operations Management Mcdonald s Marketing Management

Table of Contents Executive Summary 2 Introduction 3 About McDonald’s 4 Process of McDonalds 4 Operations management 5 Operations managers 5 Operation strategy of McDonald’s 5 Pricing strategies of McDonald s 6 Innovation at McDonald s to improve operations and services 7 Inventory management 8 The Just-in-Time (JIT) Approach 9 Just- in-Time (JIT) Approach in McDonald’s 9 Advantages and benefits of JIT approach 10 Capacity management 11 Capacity strategies 11 McDonald s capacity strategy 11 Quality management 12 Quality management strategies 12 McDonald’s quality management 12 Reliability 13 Packaging quality 13 Interior design 14 Quality service abilities 14 Employee training 15 Continuous improvement 15 Customer satisfaction 16†¦show more content†¦About McDonald’s McDonald’s is a leading global food service retailer with more than 35,000 restaurants serving nearly 70 million people across 100 countries every day. It was found in 1940 and it was the first fast food industry in the world market. It has 1.8 million employees and 80% of the restaurants are franchised. The main revenue of McDonald’s is generated from rent, royalties and fees paid by the franchisees. McDonald’s revenue also includes sales done by the company operated restaurants. In 2012 company had annual revenue of $27.5 billion and profits of $5.5 billion. McDonald’s sells hamburgers, cheeseburgers, and chicken, French fries, breakfast items, soft drinks, milkshakes and desserts. McDonalds headquarter is located in Oak Brook, Illinois, United States America (USA). In 1993 McDonald’s sold more than 100 billion hamburgers. In October 2012 monthly sales of McDonald’s fell for the first time in nine years. McDonald’s has its keen interest in attracting its customers by introducing new products or schemes every year. One of the main aims of the McDonald s is standardization. The taste of the product is same in all the areas. McDonald s is very clear about the concept, think global, act local Process of McDonalds McDonald’s manufacturing process is like aShow MoreRelated McDonalds Case Analysis Essay1181 Words   |  5 Pagespatroning one of their restaurants. The case focuses on a specific segment of the McDonalds restaurant chain that was opened in 1996, McDonald?s India. This segment of the restaurant giant had a more specific mission/philosophy to fulfill and had developed a special menu for these Indian customers to take into account their culture and religion. When it was realized that beef extracts were found being used in producing McDonald?s fries, outraged vegetarians and Hindus across the United States and Canda filedRead MoreStudy The Internal Resources, Capabilities, And Activities Of Firms993 Words   |  4 Pageshow that firm is realizing its competitive advantage(s) in the industry through these three factors. This information can then by utilized by the firm itself to continue to build on these competencies and continue to develop them into higher levels of competiti ve advantage. Other firms can exploit this information to imitate or perfect this company’s advantages for itself. Discussion Question 4.2 Conduct a value chain analysis for McDonald s. What are its primary activities? What are its supportRead MoreIntroduction to Franchising1357 Words   |  6 Pagesway to cope with the vast growth of people. This was the period where many franchising giants such as McDonald s, Kentucky Fried Chicken and Wendy s started to get bigger and bigger. What is franchising Franchising is a system for marketing goods or services. A franchisor grant a license to the franchisee to operate a business under the grantor s name and system to market the grantor s product and/or services for a specified period. The renewal regulation usually is subjected by the grantorRead MoreCustomer : World s Largest Fast Food Essay1156 Words   |  5 PagesManagement Information Systems CIA Jason Ferrao 1411925 6 BBA (H) A ___________________________________________________________________________ IT Service Provider: HCL Technolgies Customer: World’s largest fast food chain- McDonald’s Location: Illinois, USA Industry: Food Beverage Product: Digital Engagement Platform Digital engagement broadly refers to the act of engaging/interacting with customers and prospective customers or the general public at large, from the pointRead MoreVision And Mission Of Starbucks Essay1235 Words   |  5 PagesHieu Le Columbia Southern University Vision and Mission Statements McDonalds is the largest fast-food chain, which serves more than 160 countries in the world. The firm grew gradually in the last two decades in terms of market shares, revenues, and its franchise restaurants in the United States and worldwide. 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Among them, it includes what is operations management, explaining the roles andRead MoreImportant Elements For Business Organizations Essay1492 Words   |  6 Pageshuman resources that offer necessary storage, computing, allocating, and communicating necessary information to employees or workers. This definition has resulted in the creation of management information system, which is a form of information systems that s used to provide important information for the management of an enterprise. In other cases, information system is a common term that is used to refer to an organizational department that is responsible for data processing and systems. TheRead MoreMcdonalds Operations Management Essay1145 Words   |  5 Pagesand time in the operation management department of the business. This report will focus on the business, McDonald’s and what practices they have put in place to ensure that they are producing their products efficiently and sustainably. The business will also be compared and contrasted alongside the American fast-food restaurant chain famous for its fried chicken, providing recommendations on how McDonald’s could further improve their business in the area of waste and time management. Business Background

Tuesday, May 5, 2020

Argumentative Essay About Video Games Example For Students

Argumentative Essay About Video Games If you’re getting into the world of critics or adjusting to your new school curriculum, you may come across various tasks demanded by teachers. Some of them require research with a deep insight into a topic that you have never heard of; others can be quite complex and require analysis of a vast range of materials along with a synthesis of new ideas, whereas the third ones can make no sense at first. No matter what kind of task you have, you still need to brace yourself and be ready for upcoming challenges that will enable you to improve your writing and researching skills. We will write a custom essay on Argumentative About Video Games specifically for you for only $16.38 $13.9/page Order now Argumentative essay is a special case that requires carefulness not only since it’s a clear reflection of your understanding of a topic, but also because of its specific structure and necessary approaches. Though the term argumentative essay seems to be a narrow notion, it includes a variety of methods and strategies that can be used in order to compose one. The first kind of such a paper is a contrastive essay, which comprises facts and their negation or affirmation based on references to different sources. The purpose of this approach is to either oppose to a common belief or support it by providing sufficient arguments. Also, you can decide to be completely supportive of opinion, and conduct research whose purpose is to find the most persuasive arguments that testify that such an opinion is authentic and trustworthy. If you decide to follow this structure, then you’ll end up having a supportive argumentative essay. On the other hand, a topic can be quite controversial especially when your teacher wants you to demonstrate the most critical abilities. For this, you can approach argumentation from a neutral perspective and compose a pros and cons paper  that will both support and argue the integrity of an opinion. In this case, you’ll have to conclude the work with a statement that balances the flaws and applicability of an opinion, while your position is still unknown to a reader. Normally, an argumentative essay has a similar structure a simple article on the expression of one’s opinion. It consists of an introduction comprising general information about a topic, a thesis statement and an opening to a discussion. Then it has a body consisting of arguments for and against a topic and their supportive or opposing facts, which are mostly drawn from credible sources. The last section is a conclusion that is a summary of everything stated in the previous parts but a concise and framing manner and a reference to the thesis statement in the introduction. Choosing an approach of writing an argumentative essay is an essential step towards composing one. If you wonder how such work should look like feel free to have a look at a sample essay right after this paragraph. Essay Sample Are video games a means of relaxation or a steep hill leading to an addiction? The 21st  century has gifted humanity with impeccable technological advances that have been intertwining with our life on a daily basis. The high-speed Internet and an opportunity to communicate in an instant are simplifying our routine and contribute to our social life. Alongside this, people can plunge into mysterious and undiscovered worlds of virtual reality, where they find a resort to make new friendships, become someone they have always dreamt of becoming and simply relax by playing video games. But is it true that video games are just an innocent way of embellishing one’s sullen reality or, maybe, it’s a sinister invention that deprives people of the sense of presence? It’s believed that video games have come into our lives as a creation of IT technologies and the elaboration of sophisticated computer improvements. The advocates of the games’ harmlessness assure that engaging yourself in virtual reality has a therapeutic function since it reduces the level of stress and calms down the symptoms of anxiety. Moreover, the supporters state that people who play video games are likely to improve their ability to concentrate and disperse anger by practicing from 2 to 4-hour playing sessions a week. .uced95b6f634f18397530ea4f0dc49c6f , .uced95b6f634f18397530ea4f0dc49c6f .postImageUrl , .uced95b6f634f18397530ea4f0dc49c6f .centered-text-area { min-height: 80px; position: relative; } .uced95b6f634f18397530ea4f0dc49c6f , .uced95b6f634f18397530ea4f0dc49c6f:hover , .uced95b6f634f18397530ea4f0dc49c6f:visited , .uced95b6f634f18397530ea4f0dc49c6f:active { border:0!important; } .uced95b6f634f18397530ea4f0dc49c6f .clearfix:after { content: ""; display: table; clear: both; } .uced95b6f634f18397530ea4f0dc49c6f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uced95b6f634f18397530ea4f0dc49c6f:active , .uced95b6f634f18397530ea4f0dc49c6f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uced95b6f634f18397530ea4f0dc49c6f .centered-text-area { width: 100%; position: relative ; } .uced95b6f634f18397530ea4f0dc49c6f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uced95b6f634f18397530ea4f0dc49c6f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uced95b6f634f18397530ea4f0dc49c6f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uced95b6f634f18397530ea4f0dc49c6f:hover .ctaButton { background-color: #34495E!important; } .uced95b6f634f18397530ea4f0dc49c6f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uced95b6f634f18397530ea4f0dc49c6f .uced95b6f634f18397530ea4f0dc49c6f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uced95b6f634f18397530ea4f0dc49c6f:after { content: ""; display: block; clear: both; } READ: LEGALIZE IT Essay SummaryIn addition to this, video games are seen as a great way for people who suffer from social anxiety and other traits of socialization lacking. The communication and engagement in co-operation with individuals from all over the world, if it’s an online game, and merely observing the artificially represented human relationship patterns, as they say, can be an effective way to developing the sense of basic social interaction and, therefore, can be favorable in the end. On the other hand, constant and repetitive abuse of playing video games is considered by psychologists a dangerous and disruptive activity. According to the statistics, every second household in the USA is, to some extent, engaged in playing video games. This is almost 72% of the state’s population, where every 4th  inquired person demonstrates symptoms of the addiction. The rave of plunging into virtual reality is becoming more and more popular with the sophistication and modifications of the product. It’s established that people, especially children, who abuse playing video games suffer from sleep disorders, headaches, sensitivity and instability of the nervous system which causes aggression, irritability, apathy and, even, delusions. All in all, the problem of extensive video game playing has been one of the most discussed topics among psychologists due to its influence on everyday life and adult’s and child’s psyche and their mental health. There are two main parties with opposing opinions about virtual reality and its role in the contemporary society. The first one consists of advocates who support an idea that playing video games has become a part of our lives due to its ability to reduce stress and help people who struggle with depression, anger issues, and social anxiety. The second group is non-supportive individuals who are convinced that constant engagement in virtual reality and spending time at a computer are the main causes of mental health-related problems. The truth is that abuse of any kinds is likely to be causative to problems for one’s well-being. The best way to avoid trouble is not to completely eradicate a factor, but to learn how to cope with it and incorporate it with the most of benefit for society.