...assessing the point of view of different stakeholders seeking the influence the aims and objectives of two contrasting organisation which are McDonalds and Cancer Research and evaluating the influence stakeholders exert in McDonalds. http://tse1.mm.bing.net/th?&id=OIP.M7e5e0cf9f5213ab25420d34178a24b0co0&w=300&h=300&c=0&pid=1.9&rs=0&p=0What is a stakeholder? A stakeholder is anyone who has an interest in the business, there are two types of stakeholders internal and external. Internal stakeholders are within the business and external stakeholders are outside the business. The point of view of different stakeholders seeking to influence the aims and objectives of McDonalds and Cancer Research. Profit organisation-McDonalds http://tse1.mm.bing.net/th?&id=OIP.M456a4c54989f135bb9ed00d6a4697c1fH0&w=300&h=300&c=0&pid=1.9&rs=0&p=0Customers-McDonalds customers want high quality products as they are spending their money on the products. McDonald’s response to this need is by making sure that they produce high quality products which can be easily accessed by the public by expanding and opening new branches. As McDonalds will be expanding, the customers will seek influence of McDonald’s objectives of achieving growth which is what McDonalds want. This is an advantage for both McDonalds’ and the customers as for McDonalds their business will be expanding and strengthen economically which means McDonalds position on the stock market will...
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...The Ronald McDonald House Charities history starts in 1974 when a Philadelphia Eagles player’s daughter became sick with leukemia. Fred Hill and his wife had no place to sleep other than waiting rooms and hospital benches during their daughter’s three years of hospitalization. The Hills and other families traveled many miles for treatment and were not able to pay for hotel rooms. The Eagles’ manager and Fred’s teammates raised funds to donate to the pediatric oncology unit to give short term housing for the families with sick children at the Children’s Hospital of Philadelphia (n.d.) Retrieved from http://www.rmhccoastalempire.org/-mcdonald-house-charities-of-the-coastal-empire-inc. The Eagles manager, Jim Murray, requested help from the...
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...Paper McDonalds has made several changes to their menu since its opening in 1940. Adapting to the consumers demands delivering high quality products to maintain a presence in a competitive market. The McCafe campaign intents to target the young generation and adults by offering coffee products for a fraction of the price that Starbucks does. The purpose of this paper is to discuss the impact of the campaign on the internal and external stakeholders. It will identify the stakeholders’ needs specific to each category and it will finally provide recommendations to the existing campaign. Internal and External Stakeholders McDonald’s is a company “committed to providing choices, assuring quality and safety, delivering great taste, and sourcing in an ethical manner” (McDonalds, 2008). The main goal of the company is to earn the public’s trust. Every change or addition McDonald’s makes to its menu has an impact on its stakeholders. The company works with internal and external stakeholders to equilibrate a difficult set of social, ethical and ecological considerations. The stakeholders have a vested interest in the organization. The internal stakeholders are directly affected by the company’s stability and wages. The external stakeholders are a proactive part of the company but not employed in a direct way by it. In the big scope of things the McCafe campaign will add a new image to the existent one. The campaign does not impact all of the stakeholders in the same...
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...P2 - Describe the different stakeholders who influence the purpose of two contrasting businesses. Introduction: In this task I will be going to describe how different stakeholders influence the purpose of Apple and McDonald. What is a stakeholder? A stakeholder is anyone who has a keen interest in that business. Who are the stakeholder in both businesses? The stakeholders in both businesses can be internal or external and this applies to Apple and McDonalds. External stakeholders are groups or individual who are not a part of the business External: * Suppliers * Customers * Shareholders * Society * Govt. Internal: * Employees * Manager * Owners of the company Different stakeholders and their influence on the purpose of the two organisation Employees – the employees of Apple and McDonalds wants to secure their employment in that business, they want to progress throughout their work by getting promotions on higher job role such as manager and they want to get paid in decent wages. Shareholders – Shareholders and owners of Apple and McDonalds are those groups or individuals who have a keen interest in that business so they invest into those company and become shareholders. Customers –the customers of Apple and McDonalds wants these companies to provide them with high quality products. They buy products from these companies because they have an interest in them. Customer Suppliers – Suppliers of Apple and Tesco want regular orders...
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... The Consultation and Education Department the Greenby Community Mental Health center is experiencing issues that can lead to the demise of the program. The demise of the program would have a profound effect on all of community mental health centers because the Consultation and Education Department is a resource used by many individuals. Currently, the C and E department have programs in the schools, divorce and family workshops, and accept self referrals for drug and alcohol abuse. The current dilemma is that not all of the centers are fully staffed and have active departments. Henry McDonald proposed that the centers, “Implement consultation and education as a percentage of each professional’s work (Lewis, Packard & Lewis). The reality is that funding is a major issue for the center and the C and E department is the focus of a possible program to be cut. According to Henry McDonald, “Consultation and Education are luxuries and they do not bring in the funding the program needs. McDonald’s thought is to do away with the program and invest the money and resources into programs that carry their weight by bringing in extra revenue. The Greenby Community Mental Health Center must decide on whether to discontinue the program and services or create a strategic plan to help the program become a profitable resource. Process Evaluation Measure Process evaluation involves assessing agency activities to determine whether programs are operating in...
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...Managing Communication ------------------------------------------------- Title Page Page No Introduction p3 1. Task 01: Communication of information and knowledge within organizations 1.1. The key information and knowledge requirement for a range of stakeholders p4 1.2. Systems used for communicating key information and knowledge to stakeholders p6 1.3. An analysis of potential barriers to effective workplace communications p7 1. Task 02: Factors effecting workplace communication 2.4. How communication is influenced by values and cultural factors within the business organization P8 2.2. How these technologies help communication and also hinder the communication with stakeholders. P8 2.3. The communication policies and procedures and their impact. P9 3. Task 03: Promoting effective interpersonal communication within an organization 3.1. Interpersonal communication and its effectiveness. P10 3.2. Plan own personal development to improve own communication skills. P10 4. Task 04: Planning to improve organization communication 4.1. Applying theories of organisational communication. P11 4.2. Plan to improve workplace communication. P12 4.3. Identify measures to evaluate the success of the plan. P12 4. Conclusion P13 5. Reference P14 Introduction ...
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...Task - Linked to P2 * Pick two stakeholders from each organization. * For each stakeholder explain how they have influenced your two chosen organizations aims and objectives. Use real examples when explaining your points. Write the aims of QK, then the objectives (how QK achieves this) then how the stakeholders affect the aim. QK – aims Aim: Get the best results for each student. Objectives: To have good teachers, to give extra support to the students, to provide resources like books, computers/equipment and also to provide access to the internet so the students can research and do the tasks given. Stakeholders Teachers: to achieve the aim the teachers have to follow the curriculum and make sure it is the correct curriculum, they have to give support to the students, they have to mark the student’s work and give them feedback, to have a positive environment this means to teach in a good mood way, reward and punish whether the students do their homework or not. Students: The students to get the best results possible they need to work hard, they need to organise and achieve the target grade, they need to attend school and be punctual, and they need to come to class with equipment. Government: To achieve the aim the government has to provide the school money so the school will get the equipment needed and the teachers will get paid so they will deliver the proper education to the students. Aim: Make the school a safe environment for students Objective:...
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...Stakeholders of British Red Cross and McDonalds. A stakeholder is someone who has an interest in any part of the business. British Red Cross Donors Staff/volunteers Benefactors Government British Red Cross Donors Staff/volunteers Benefactors Government British Red Cross is a voluntary business set up to help UK and overseas people in crisis. It is also an international business. Stakeholders for the business include: STAKEHODLERS STAKEHODLERS * Employees /Voluntary workers (internal) – these are the people that work for the business to help them raise the money they need to carry out what their aim is to do. The employees aim to get a wage from working from the business, whereas the voluntary workers aim to help raise money for the charity. These are one of the most important stakeholders of the business because without them the business will not be able to run. * Government (external) – this is another major stakeholder for the business because they fund what the business needs to do to raise the money. Without the government funding the charity they wouldn’t have the shops and events that go on to make the business/ charity work. * Benefactors (external) – these are another stakeholder in the business because they rely on the business raising money for them to help with the needs the business raise money. The benefactors are the main reason in which the business is running, without them needing the help, the business would have nothing to run for. ...
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...BTEC LEVEL 3 Unit 1 THE BUSINESS ENVIRONMENT ASSIGNMENT ONE Within this unit you will consider the different types of businesses and sectors, their strategic plans and consider their main stakeholders. In the second half, you will be considering the impact of external influences (political, legal and social) on businesses. Scenario: You are a junior journalist working for the Business Review. You have been asked to write an article for prospective businessmen and women thinking of setting up a new business. Most businessmen and women you have spoken to are not sure about the legal ownerships and activities of businesses generally. They also feel they require more information regarding how some local, national, international and global businesses operate. You should research two organisations; one should be a not-for-profit organisation and the other a for-profit organisation. (For-profit organisation should be McDonalds; you must now select a not-for-profit organisation of your choice). P1: describe the type of business purpose and ownership of two contrasting businesses. Here you will need to include all the information outlined below: 1. TYPE OF BUSINESS BY SECTOR The type of business in terms of: * Geographical scope (local, national, international or global) * Sector (primary, secondary, tertiary) * Type of goods/services offered 2. TYPE OF OWNERSHIP * Describe the different types of ownerships (Public/private sector; sole...
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...Assignment 3 Ethics and Corporate Responsibility in the Workplace and the World By Grace Robinson Legal 500 Law Ethics & Corporate Governance Professor Dr. Michael T. Hanners 2/22/15 Introduction PharmaCARE is a very successful pharmaceutical company; based in New Jersey. It is known for having a caring reputation, and being an ethical and well-run company that produces life-saving; high-quality products. The company is known for caring because the business offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. Recently, PharmaCARE launched a new initiative; We CARE about YOUR world®. This action pledged its commitment to the environment through recycling, packaging changes, and other green initiatives. However, the company’s lobbying efforts and Political Action Committee (PAC) have successfully defeated environmental laws and regulations. They now maintain a large manufacturing facility in the African nation of Colberia. In Colberia, the company benefits from the free information on alternative methods of healing. PharmaCare repays the natives by offering the Colberians jobs that pay $1 a day. The duties consist of harvesting plants by walking five miles into and out of the jungle carrying baskets that can weigh up to fifty pounds. After working a long hard day for $1, these same workers return to their primitive huts with no electricity or...
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...MG209: Individual Assignment McDonalds Business Portfolio Submission Deadline: 12/12/14 Word count: 3, 163 Contents Page Introduction Page 3&4 Theme 1 Page 5 * Remaining Market Leader while doing business overseas * (i) Position and Structure as a Transnational corporation Page 5 * (ii) Focus on the Brand and Strategic Targets Page 6 Theme 2 Page 7 McDonalds External Dependencies and Influences on Structure * (i) Relationship with suppliers Page7&8 * (ii) The Contextualizing Industry and the government as stakeholders Page 9 Theme 3 Page 10 McDonalds Organizational Culture * (i) Company Culture in relation to strategy and structure Page 10 * (ii) Post Bureaucratic Cultural Control Page 11 Conclusion Page 12 References Pages 13- 15 Portfolio Pages 13 – 24 Acknowledgement I confirm that the work undertaken for this assignment is entirely my own and that I have not made...
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...Introduction McDonalds is a very successful and famous fast-food restaurant in the world, the reason in being successful for McDonald's Franchise is about: Consistency, innovation and resiliency. At first, the characteristics of consistency. "If I had a brick for every time I've repeated the Phrase Quality, Service, Cleanliness and Value, I think I'd probably be able to bridge the Atlantic Ocean with them (Ray Kroc, 1955)". Kroc saw a business opportunity that simply cannot be resisted that he decided to offer McDonalds a chance to begin a brand new area in franchising their restaurant concept. “Quality, Service, Cleanliness and Value” as Kroc's motto to opened his first McDonald's in 1955 in Des Plaines, Illinois. Based upon the four concepts, as well as lessons he had learned from his initial years in operating the franchise. Customers know what to expect and can take effort in that knowledge when making decision on where to eat. These efforts towards process repetition and efficiency not only help McDonald's stay on top in a culture where producing at a fast-paced, and also set the basis for McDonald's success from the position of customers' expectation. Besides that, McDonalds keeps a good relationship with stakeholders is the key factor in the company's success as well. ''So we must think through what management should be accountable for; and how and through whom its accountability can be discharged. The stockholders' interest, both short- and long-term, is one of...
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...M1 explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations Stakeholders are an important part of any business as they influence aims and objectives which bring in profit and keep as business surviving and successful. Customers McDonalds aim for their customers is to serve and produce the best food they can and provide a good service and clean restaurant. They also ensure that the food is convenient for all customers and allow for it to be taken away. They also have a drive thru for those in a hurry. Their main aim is to please and satisfy all customers with the food service and environment they serve. McDonalds for example is also a worldwide company and has managed to become that due to the customers and reputation they have. As McDonalds have such regular customers they have to meet the same standards and exceptions to the customers so they are always trying to find ways in which they can improve and make it a better environment for their customers all the time. McDonalds also listen to their customers and do their best in order to make everybody’s visit satisfactory and enjoyable. They offer to bring food over to tables if the restaurant is busy or if there is a wait for your food, and even personally take it out to your car if need be. They provide a family environment and it is a child friendly place, high chairs and children’s toys and toilets are available and even offer children’s party services...
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...know they exist. That being said, I believe McDonalds does uphold the basic rights of consumers. Currently, McDonalds displays nutrition facts on all of there food items. That was not always the case. Prior to the movie super size me, and the ensuing lawsuits, McDonalds would offer consumers the option to upgrade their already unhealthy meals to a even larger potion known as super size. This ignored consumer rights because the establishment did not warn customers that they would be consuming nearly half of there daily calories just by having fries. Appropriately, McDonalds no longer tries to gear people towards the unhealthy option of super size and displays nutrition information on all of its products. Therefore it is fitting to state that the major rights of consumers have not always been upheld at McDonalds, but they are taking steps in the right directions. At present, they are making phenomenal strides toward a healthier menu. McDonald's started giving customers the option of choosing apple slices and milk as part of the Happy Meal package. They also began packaging 100-calorie versions of Oreos, Wheat Thins and other healthy treats. Also McDonalds is currently working on removing trans fats from their food. More and more McDonalds is taking gradual steps to making the American consumer more responsible for what they put in their own mouths. Soon, it is very likely that people will no longer be able to blame corporations like McDonalds for obesity because there will be healthy...
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...UNIT 1: Introduction to The Business Environment Section 1 Introduction The Global McDonalds Corporation McDonalds was founded on May 15th 1940 in San Bernardino, California, as a barbeque restaurant operated by Richard and Maurice McDonald and it is now the world’s largest chain of hamburger food restaurants. The headquarters are at Oak Brook, Illinois and the chairman is Andrew J McKenna and Don Thompson is the president and CEO. A total of 68 million customers are served daily in 119 countries across 35,000 outlets. McDonald's primarily sells hamburgers, cheeseburgers, and chicken, French fries, breakfast consumables, soft drinks, milkshakes and deserts. Due to research from customers, they have broadened their menu to include salads, fish, wraps, smoothies, fruit, and seasoned fries. |Revenue |[pic] US$ 28.1057 billion (2013) [2] | | |[pic] US$ 27.567 billion (2012) [2] | |Operating income |[pic] US$ 8.7643 billion (2013) [2] | | |[pic] US$ 8.6046 billion (2012) [2] | |Net income |[pic] US$ 5.5859 billion (2013) [2] | | |[pic] US$ 5.4648 billion (2012) [2] | |Total assets |[pic] US$ 36...
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