McDonald’s has come to epitomize the ‘fast-food” industry. When the company started in the 1950s it was the first to establish itself in the market. Now there are hundreds of ‘fast-food’ brands in the market competing in different ways. Some of the differences between these fast- food chains are obvious. For example. Some specialize in chicken products, others in pizza, and so on. However, some differences are less obvious. Originally, McDonald’s competed on low price, fast service and a totally standardized service offering. It also offered a very narrow range of items on its menu. Visit a McDonald’s restaurant and deduce what you believe to be its most important performance objectives. Then try to identify two other chains which appear to complete in a slightly different way. Subsequently identify how these differences in the relative importance of competitive objectives have influenced their operations decisions.
For this assignment, you must think about how corporations like McDonald’s has developed and maintained competitive edges from operations strategy and operations management perspectives. You may also consider impact of technological changes and coronavirus pandemic on the future operations.
In general, the report should cover:
An introductory section on the company or case
Description of your analysis and findings to the questions
Technological changes and coronavirus pandemic on the future operations. • Conclusion
.
You can research the topic through reading peer-reviewed articles. Exceptionally highly regarded industry sources (e.g., Harvard Business Review, McKinsey, Accenture) will be accepted.
Sample Solution
How Teenagers Spend Their Money GuidesorSubmit my paper for investigation descriptive paper sampleAdolescence is the point at which an individual movements from being a kid to being a grown-up, prepared to take on obligations, and face the difficulties of this present reality. Simultaneously, immaturity is additionally the ideal opportunity for having some good times and treating life in likely the most loosened up way ever, which doesn't naturally mean flippancy. In spite of the fact that numerous grown-ups trust American young people go through cash for the most part on diversion, inquire about shows this isn't valid. Shockingly, American young people spend substantially less cash on computer games or shows as it is generally considered. As indicated by a semiannual report gave by Piper Jaffray in April 2014, the significant piece of young people's uses goes to nourishment (Business Insider). In reality, as the chart from the report appears, American young people enthusiastically spend about 21% of their cash on nourishment, generally at Starbucks. The last actuality is by all accounts by one way or another associated with the new pattern in U.S. young culture, which is hanging out in eateries as opposed to in shopping centers. For instance, in 2014, American adolescents visited shopping centers on normal multiple times, contrasted with multiple times in 2007. As the report propounds, "Eateries have become a social affair spot and adolescents are progressively proposing they lean toward feasting out to different types of status brand spending. We consider eateries to be the cutting edge hang out for teenagers." The alleged shopping center culture is by all accounts fading for more class (Quartz). Alongside nourishment, American teenagers spend around equivalent measures of cash on garments. Generally, they offer inclination to athletic wear as opposed to denim attire. Adolescents in the U.S. appear to favor the "athleisure"— dress which can be worn both inside and outside of rec centers. Athleisure favored in 2014 is fabricated by such brands as Adidas, Lululemon, Juicy Couture, Athleta, and some others (Business Insid>
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