...Sir John Alexander MacDonald - ‘Canada’s Patriot Statesman’ ‘Confederation is only yet in the gristle, and it will require five years more before it hardens into bone.’ - John A. Macdonald Early Life Sir John Alexander MacDonald was a very influential political figure, originating from Scotland but carrying out his career in Canada. Being the first Prime-Minister of Canada, MacDonald spent the majority of his life living there, after he and his family migrated to Kingston in 1820. He was born in Glasgow on January 10th in 1815 and passed away on June 6th in 1891 due to a stroke. John Alexander MacDonald is thought to be one of the most important political men ever in Canada, he first came into power in 1867 and to this day his face still remains on the 10 dollar bill. In his early years he played a major part in transforming the old Tory party, which was based on narrow minded loyalist and Anglican values into a broader Conservative party that was willing to work with french-speaking Canadians in order to achieve the joining of all British North America. His personal life was not the happiest of those and was generally quite grim. MacDonald had to watch his first wife die slowly, see his son die as a baby as well as have a daughter born with Hydrocephalus. Because of this he often turned to drink to numb his pain and emotion, though this wasn’t good it was overlooked. During a campaign, Macdonald had had a little too much to drink and ended up throwing up on the platform...
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...increasing your chances of saving so long as you spend your money with them. You do not need to go to the expensive eateries which are interested in your spending more than your saving abilities. At McDonalds, you are assured to enjoy your choice of foodstuff while giving you an opportunity to save your hard-earned cash. At McDonalds, you are also assured to find the best deals on foodstuffs of your choice. Using the McDonalds coupons and their promotional features, you are assured of increasing your purchasing potential and saving a few dollars in the process. It is up to you to experience and enjoy spending with the McDonalds by looking for McDonalds coupons before your next shopping. What are MacDonald’s coupons? Over the last few decades, Macdonald has proven to be a reliable fast food company that delivers you quality products at your convenience. McDonald’s products are a commonplace in terms of foodstuffs. The best thing of shopping your foodstuffs at McDonalds is that its products are relatively cheap and thus affordable. To add on to this, McDonalds have realized that their customers are important part of their business. As such, McDonalds have introduced a new savings plan through which their customers can reduce their shopping bills with every purchase of McDonald’s products. It is in this spirit that the McDonalds have introduced the McDonalds coupons. The McDonald coupons entitle you to save loads of cash depending on the quantity and the type of foodstuffs you buy from them...
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...Electronic contracts and electronic signatures are just as legal and enforceable as traditional paper contracts signed in ink. Federal legislation enacted in 2000, known as the Electronic Signatures in Global and International Commerce act (ESGICA), removed the uncertainty that earlier afflicted e-contracts. This 2000 e-signature law made electronic contracts and signatures as legally valid as paper contracts, which was great news for companies that conduct business online, mainly companies that offer financial, insurance, and household services to consumers. The law also benefits B2Bs (business-to-business websites) who need enforceable agreements for ordering supplies and services. For all of these companies, the law helps them conduct business entirely on the Internet. This results in important savings to businesses, which can be passed on to consumers. For example, one online company estimated that eliminating paperwork fees reduced the cost of processing a home loan by $750. An electronic contract is an agreement created and "signed" in electronic form -- in other words, no paper or other hard copies are used. For example, you write a contract on your computer and email it to a business associate, and the business associate emails it back with an electronic signature indicating acceptance. An e-contract can also be in the form of a "Click to Agree" contract, commonly used with downloaded software: The user clicks an "I Agree" button on a page containing the terms of the...
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...MacDonald’s Corporation History: McDonald’s Corporation is an American based world’s leading company in the fast food industry. Headquartered in the United States, the company began in 1940 as a barbecue restaurant operated by Richard and Maurice. McDonald in 1948 they reorganized their business as a hamburger stand using production line principles. Ray Kroc joined the company in 1955 as a franchise. A McDonald's restaurant is operated by either a franchisee, an affiliate or the corporation itself. McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. In 2012, McDonald's Corporation had annual revenues of $27.5 billion, and profits of $5.5 billion. Products: Macdonald’s primarily sells hamburgers, cheeseburgers, chicken burgers, French fries, breakfast items, soft drinks, milkshakes and deserts including ice-creams. Currently restaurant also expanded its menu to include salads, fish, wraps, smoothies and fruits in order to change the taste of the consumers. Company also serve soup in the Asian countries. The menu of the company differs according to the serving countries like prawn burger in Singapore. In Germany and western European countries MacDonald’s serve beer also. Operating countries: Macdonald’s corporation is one of the largest fast food selling company. It have 31,800 flagship restaurants serving nearly 68 million people in each day among the 119 countries worldwide...
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...Introduction McDonald's Corporation is the world's largest chain of fast food restaurants, serving nearly 47 million customers daily through more than 31,000 restaurants in 119 countries worldwide. The business began in 1940, with a restaurant opened by brothers Dick and Mac McDonald in San Bernardino, California. Their introduction of the "Speed Service System" in 1948 established the principles of the modern fast-food restaurant. The original mascot of McDonald's was a man with a chef's hat on top of a hamburger shaped head whose name was "Speedee". Speedee was eventually replaced with Ronald McDonald in 1963. The present corporation dates its founding to the opening of a franchised restaurant by Ray Kroc, in Des Plaines, Illinois on April 15,1955 , the ninth McDonald's restaurant overall. Kroc later purchased the McDonald brothers' equity in the company and led its worldwide expansion and the company became listed on the public stock markets in1965. With the expansion of McDonald's into many international markets, the company has become a symbol of globalization and the spread of the American way of life. Its prominence has also made it a frequent topic of public debates about obesity, corporate ethics and consumer responsibility. McDonald’s sells various fast food items and soft drinks including, burgers, chicken, salads, fries, and ice cream. Many McDonald's restaurants have included a playground for children and advertising geared toward children, and some have been...
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...Executive Summary The business began with two brothers. In 1937, Dick and Maurice McDonalds opened a small drive-in restaurant east of Pasadena, California. They served hotdogs and shakes. This led to the creation of a bigger drive-in which operated successfully and by 1948, the brothers had a made a fortune they never expected. The brothers realized that hamburgers comprised of 80 percent of their sales and closed their doors to re-evaluate their business model. The same year, in 1948 the model was about affordable dining for family who wanted to eat out. The “Speedy Service System” was also implemented that included an assembly line of sorts, a nine-item menu, and an all male staff. The operations were proven successful in 1952 ad the first franchise was sold to Neil Fox who opened a restaurant in Phoenix, Arizona and created the well-known golden arches of McDonalds. Fox had huge success with the store and the brothers were reluctant at first to begin a national franchise system, but soon realized that too many copycats were creeping up and they needed an advantage and a head start. Ray Croc joined the team as the exclusive franchise agent in the United States. Some of the problems and challenges facing the company is the increase in competition, poor management, bad marketing, and lack of response to the changes in the needs of franchises and customers. This resulted in the strategic issues that needed to be implemented to continue growing success for the company...
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...How McDonald's evolved its marketing in India Preeti Chaturvedi When McDonald's India launched in 1996, urban Indians in Mumbai and Delhi typically ate out three to fives times a month, according to AT Kearney, the management consultancy. In the 12 years since then, that average frequency has doubled and analysts forecast that by 2011 the Indian quick service restaurant market will be worth 30,000 crore (about $6.3bn at October 2008 exchange rates). But from their earliest investments in India, multinational company (MNC) owners of restaurant chains have struggled to adapt to the needs of India's many markets. Some pulled out of the country after failed ventures. At the time, consolidation of the hugely fragmented Indian retail sector had also barely begun, and there was scepticism that Indians would prefer burgers and fast food to local food offerings. However, in the intervening decade, McDonald's has continued to open new outlets in the country, evolving its marketing strategy through several phases. Twelve years of McDonald's India McDonald's India was set up as a 50:50 joint-venture between McDonald's at a global level and regional Indian partners such as Hardcastle Restaurants Private Limited in western India, and Connaught Plaza Restaurants Private Limited in northern India. The first Indian McDonald's outlet opened in Mumbai in 1996. Since then, outlets have begun trading in metropolitan and Tier II towns across the country. By September 2008, it had premises in Mumbai...
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...1 McDelivery at Temple University Market Research Project Done by: Sally Abbas Danielle Racioppi Ava Nolfi 2 Idriss M Bakayoko Table of Contents 1. Background and Objectives 2. Hypothesis 3. Data Collection approach and sampling 4. Data analysis and statistical tests 5. Key Findings 6. Conclusions and limitations 7. Appendix 1. Background and Objectives Research Topic: Implementing McDelivery services in McDonald's nearest Temple University Background: By conducting a situational analysis, McDonald’s located and identified a new market opportunity. The idea is to offer a new service of delivery, called McDelivery, to the students of 3 Temple University in Philadelphia to cater with their frantic and fast-paced lifestyles. The McDonald’s McDelivery service has been implemented in upwards of 25 cities across the world, including New York City. With the history of success that the McDelivery service has had, the owners decided to enter the Philadelphia market by focusing on students. Since this is a new project and the company has never proposed a similar service in Philadelphia, they cannot only base their decision on past experience, managerial judgment or internal record systems. Therefore, this opportunity situation requires more information before an appropriate plan and action can be developed. Thus, initiating a research process and using its practices and techniques to make the decision is the best option. The results...
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...MacDonald's McDonald's fast-food restaurants departmentalize varying elements of their operation to optimize efficiency. This structure is divisional, meaning each specific company operation is segmented (for example, operations, finance/accounting, marketing, etc.). Here is McDonald's corporate organizational structure: Career orientation Managers are career professionals, not owners of units they manage. * Giving training courses to new employees. * Giving workshops. * Good managers hire the new employees and giving them a training period which let them become familiar with the company and their positions. * Some employees prefer to work individually and others prefers to work in groups so this is very important point that managers should take it very seriously in order to get a high quality work from the new employee. * Managers must help new employees to take the Oath of employment and familiarizing them with the organization's occupational safety and health program. Division of Labor: jobs broken down into simple, routine and well-defined tasks. * HR department * Marketing department * Accounting department. * Customer service department. * Sales department. * Maintenance department. * The division of labor can lead to estrangement and less satisfaction in the workforce. * Medical registration records division. * In a division of labor, the production is broken down into a several stages. * A...
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...Buy one coffee and get US $640,000 free Reported by: Violet Simbi, M984011056 Uyanga Purevjav, M984011053 Anh Le, M984011066 NSYSU Department of Management BRIEF CONTENTS Abstract 3 1. Introduction and issue identification of the case 4 2. Analysis 7 2.1. Stakeholder analysis 7 2.1.1. Consumers 8 2.1.2. Owners, executives, employee 8 2.1.3. Other groups of stakeholders 9 2.2. CSR Analysis 9 3. Evaluations 10 3.1. Who is to blame? 10 3.2. Root cause analysis 11 3.3. Recommendations 11 4. Implication of the case for future product related complaints 12 Conclusion 15 References 16 Appendix (Case: “The coffee spill heard round the world”) 17 Abstract The Stella Awards were inspired by the Stella Liebeck case in 1992. Stella purchases McDonald’s coffee from a drive through and later received US $ 640,000 for burning herself with this coffee. The lawsuit between Stella Liebeck and McDonald’s – a huge cooperation, was one of the most controversial court cases of its time. In this paper we defined the major ethical issues, analyzed who are the stakeholders and how the stakeholders influenced this case. Furthermore, we also mentioned other complain and lawsuits which McDonald’s had to face with before 2007, which means before and after Stella’s case. Finally, we have some references and comments form McDonalds in particularly. As well as general comments about how organizations and how they make final decisions in the future when...
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...Delta Plastics, Inc. (A) Company Background Delta Plastics, Inc. specialized in the design and manufacture of plastic containers, primarily for kitchen and household use.Their products were sold through merchandise retailers and were recognized for high quality. Delta also had an active R&D group that was continuously working to develop new plastic materials and new product designs. Delta was a recognized industry leader and was aggressively looking to increase brand recognition and market share.Delta’s R&D group had recently developed a new plastic material that tolerates rapid changes in temperature, from heating to deep cooling. This material could be used to make containers for kitchen use that could immediately be moved from the oven to the refrigerator. Unlike glass containers with this capability,the plastic containers would not break or chip. Delta’s marketing group was eager to promote sales of containers made with the new material. Marketing believed the new material could revolutionize the industry, so they pushed for rapid production. They argued that the sooner the new products were available to customers, the sooner the company could corner the market. The Decision The decision whether to initiate production or continue with material testing was made during a heated meeting on April 28. Isabelle Harrison, Director of R&D, stated that more product testing was needed in order to fine-tune the characteristics of the new material. Although there was no question regarding...
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...In order to develop a successful marketing strategy, it is very important for companies to understand its target customers. MacDonald has segmented their products according to demographic, psychographic and behavioral. They positioned their products mainly between family, kids , students, café goers and working adults. Segmentation Market segmentation is defined as dividing a single market into smaller segments. The need for dividing the market into small segments is to supply to the distinct need of smaller groups of consumers and to manufacture different products according to their consumer habits. MacDonald’s segmentation has been done on three different bases. 1) Demographics segmentation: Mainly for kids , family, students , café goers and working adults McDonalds offer many different types of products like the world famous happy meal which is typically a form of kids meal which was marketed towards children since 1979. It includes a toy with the food, both of which are usually contained in a box or paper bag with the McDonald's logo. For families they also have many different types of family meals for special occasions, parents may also purchase a family meal instead of ordering individually. In various countries McDonalds also has student’s meals which makes it more affordable for students . Students also tend to hang out at McDonalds to study. For café goers they have mccafe which has a quieter ambience, a place to relax or even for business entertainments....
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...The MacDonald Farm The Conservation Foundation established in 1972 as a non-for- profit organization that focuses its efforts to protect its land and watershed. The Conservation Foundation sits on the 60-acre McDonald Farm and working land located in Naperville, Illinois and its primary mission is to preserve open spaces and natural land, and protect rivers, streams and watersheds. The Conservation Foundation received the MacDonald Farm as a donation from the MacDonald family 1992 and it moved its headquarters to the site in 1998. The MacDonald family purchased the property in 1949. The family rehabilitated the barn and some other buildings including the new construction of the latest house that had previously burned twice. Mrs. MacDonald continued living in the farm after the passing of her husband in 1966. In the 1970s, farms were disappearing rapidly due to the fast development in the area. Soon most farms were replaces by subdivisions and in less than 10 years all those farmland became neighborhoods. Mrs. MacDonald resisted and sent away many developers who offered big amounts of money for the farm. She always insisted that no one was going to build any houses on her property. Mrs. MacDonald donated the farm to the Conservation Foundation on the promise that this property was to be kept for conservation, education and agriculture purposes. Include aspects on water conservation, native landscaping, solar and wind power, co-op farming. The McDonald farm under the Conservation...
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...election which was in 1922. The Asquithian Liberals and Lloyd George won 116 seats between them. Labour managed to win 142 seats which was the first sign of the Liberal decline and Labour becoming the key party to battle the Conservatives for government The Conservatives and Labour Governments 1923-9 * As the British political described is often described as a two-horse-race with the fall of the Liberals fall came the rise of the Labour Party * Labour managed to get into power under Ramsay MacDonald in 1923-4 and 1929 but these were minority governments * After eight months Bonar law had to resign due to illness and was replaced by Baldwin who called an election on tariff reform and lost * The Labour party went some way to prove they could be adequate in office by introducing new reform; raising old age pensions, Wheatley’s Housing Act of 1924 (0.5 million new council houses but plans withdrew when they were out of power the following year) * MacDonald was seen as soft on communism and he did not deal with the Campbell case. Campbell was a communist who persuaded men to disobey orders and this was seen as outrageous so he ended up resigning. Economic...
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...Introduction This paper provides an overview of how the various component of the Black Scholes model impact the option price and to what degree. The 6 determinants of the BS model namely stock price, strike price, time to expired, volatility, risk free interest rate and dividend are explained as well as their relative impacts of Call and Put prices. This is followed by discussions of a case study on a company UWA which has decided to change its performance rewards policy from bonus payout to an options offer and whether the management would actually benefit from such a program. Finally another case study covering the financial relationship between Macdonalds Corporation and its subsidiary in UK and the various arrangements between the firms. The paper analyses the benefit of hedge policies using cross currency swaps and whether Macdonalds should recognize its profit and loss for Cross currency swaps as OCI (Other Comprehensive Income) in its Revennue statements and the potential impacts. This submission is part of the Main Assignment for the Advanced Treasury Management – Financial Engineering module as part of MSC 25 course. (1a.) is the cumulative distribution function of the standard normal distributionS is the spot price of the underlying assetT − t is the time to maturityK is the strike pricer is the risk free rateN(d1) and N(d2) represent log normal distribution values. | Options are derivative instruments that give investors the right to buy or sell the underlying...
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