McDonalds Corporation
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Determine how global competition impacts your organization.
· Should the organization/industry continue, expand, or reduce current operations in order to maximize profits? Explain your reasoning.
· If your answer is to expand: Should the organization/industry invest in new plants, equipment, or technologies? Should the organization/industry consider a merger with another organization? Explain your reasoning and explain global competition implications.
· If your answer is to reduce: Should the organization/industry reduce production or shutdown their operations? Explain your reasoning.
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mcdonalds coorporation please help me to answer following questions
Determine how global competition impacts your organization.
? Should the organization/industry continue, expand, or reduce current operations in order to maximize profits? Explain your reasoning.
Currently, the market for food products including those of McDonald's is saturated. On a simplistic level a reduction in prices may lead to increased profits, however, the large competitors of McDonald's will also follow up with matching price reductions, a situation similar to normal oligopoly. This will result in reduction of profits.
What the companies are doing and should continue to do is to offer newer products with different features. The purpose is to address new needs of the customers. To meet customer preferences and remain competitive, the retailers continue to introduce new ...
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