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Mcdonald Company Powerpoint

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NOTES TO MY POWER POINT
ANALYSIS OF EXTERNAL ENVIRONMENT
Factors that happen outside of the company which can lead to improper functioning of a company is termed as external environment. The first factor is economic factor. Economic factor is a type of factor which affects how a company markets its product, how much a company can spend on the success of the business and even the kind of target market a company will go after. Economic crisis has made McDonalds increase its prices because its supplies are becoming more expensive. Furthermore, the economic differences in different parts of the world have made a significant influence on price setting.
The second factor is political factors which are that influences and limit businesses in a community. These include laws, agencies, groups etc. Research shows that McDonald is great political stability which has enabled the company make investments. One excellent thing about McDonald is that it is mostly based on Western countries where political and legal activities are stable.
Socio-culture environmental factor: McDonalds is now operated in different countries. Therefore, as McDonalds operate it has to take into consideration the country their operating in food’s culture. For instance, Portuguese people are being offered a soup while people in Indonesia are enjoying something called McRice.
Tecnological Context: McDonald have introduced new technologies in their cooking methods to minimize the fats and cholesterol in their food since consumers have been hammering the company on their high calorie foods. McDonald’s have also developed an online ordering and delivery system in some countries.
SWOT ANALYSIS
SWOT analysis is a planning procedure usually done by business to evaluate their strength, weakness, opportunities, and threats.
STRENGHT: what I recommend the company continue to do is their adaptation to…...

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