Mcdonalds Affect On The World Market Essay

, Research Paper

There are many different forces that affect McDonalds in the general and task environments. One of the forces that affect them in the general environment is economic forces. Disposable income is one of the most influential decisions that McDonalds deals with on a daily basis. Interest rates are another part of the economic forces that McDonalds must deal with. The interest rate affects how much money people will invest in McDonalds and its stock. McDonalds must also deal with global forces. The stock markets of the world affect the stock of McDonalds but it also affects its suppliers. If the price of beef goes up in Argentina, that will affect the price of burgers in all of McDonald’s restaurants. McDonalds must keep growing if it wants to keep its number one status in the fast food industry. In order to do this, they must expand in the United States and also in countries across the globe. The use of computers in the workplace to speed up service is a technological force that McDonalds also deals with. The different traditions and eating habits of people across the globe is a sociocultural force that McDonalds deals with as it expands across the globe.

McDonalds must deal with problems in the task environment as well as in the general environment. McDonalds being the number one fast food chain must always be watching its competitors. If it does not watch them they will gladly take over its reigning position. The suppliers of McDonalds must also be dealt with. The suppliers of its food products must be kept happy and must also be able to handle the large amount of supplies that McDonalds needs to run its business. McDonalds number one priority is its customers. McDonalds customer base is rapidly expanding and they have to be ready to deal with that. McDonalds must deal with the distribution of its services since it franchises out many of its restaurants.