After reading both documents you should perform a case analysis by answering the following questions about the McDonalds Case Study:
- Important facts in this case (company, industry, competition, etc)
- External factors outside the direct control of the company, but which affect the company. External factors create opportunities and threats to which the company must respond. (e.g., political, demographic, environmental, technological, global, legal)
- Competitive factors that impact the company (e.g., nature of competition, characteristics of existing competitors, potential new competitors, substitute products, bargaining power of suppliers and customers)
- What are the critical success factors in this industry? How well does this company address those critical success factors?
- (Writer this is one of the more important questions, please answer both the strengths and weaknesses) Internal Scan – what are the company’s internal strengths and weaknesses relative to critical success factors, the competition, and the environment? (Include financial analysis).
- As you consider this company, what do you see as its sustainable competitive advantage(s), (i.e., what core competencies does this company have that competitors will not be able to imitate/improve upon in the foreseeable future)?
- What strategic recommendations would you make to this company, i.e., where should they go and how should they get there?
is suitable for the job that the company is looking to fill and at a suited time. ‘Human assets are as key source of sustainable advantage because of causal ambiguity and systematic information making them inimitable’ (Coff, 1994). The daily reality and the challenges for HR managers in India are surely at variance from challenges faced from the West side. These challenges can classify as Internal and External Challenges. Internal challenges would include the companies having to search for strong talents that take them abroad and undertake leadership both overseas and in India. Another internal challenge the companies face would be the cultural difference between employees that work together towards achieving a common goal. For example, Indian managers that are sent abroad might not straight away or at all, understand the cultural of the country that they are sent into and might even fail at their job, leading the company into a loss. External challenges faced by Indian multinationals would include ‘Liquidity Shortage’, this occurs when a company might face losses because of less popularity of their products and therefore less demand. A slow economic growth could also be an external challenge that the Indian multinationals would face. Therefore, this paper reviews the literature on Indian multinationals focusing on Human Resource planning strategies. What is a Multinational Company? ‘A Multinational Company (MNC) is a company has facilities and other assets in at least one country other than its home country’. Such organizations for the most part have a unified head office and smaller workplaces in different nations. If a multinational is large enough, they usually have a budget to surmount those of small countries. Campaigners of Multinationals say they are making fruitful openings for work and innovation that would not be accessible in those nations, generally. On the other hand, the critics argue that they often>GET ANSWER