Assignment #2 Test Prep: 1) A 2) B 3) C 4) A 5) C 6) A 7) D 8) A 9) A 10) B 11) C 12) A 13) C 14) C 15) B Short Response Questions: 16) Many organizations use the scientific method to management. For example; subway is an established franchise. Each of the stores follows basic guild lines in order to assure the store runs smoothly. Each employee undergoes proper training and is hired based upon experience. If one person is quick and great with cash, they will most likely be
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McDonald’s arrived in Malaysia in December 1980 and McDonald Corp. gave their license to Golden Arches Restaurants Sdn Bhd (GARSB) to open McDonald's Restaurant in Malaysia by Tan Sri Vincent Tan. Since then, McDonald’s Malaysia has about 196 franchise outlets nationwide and is currently expanding annually. It has created over 7000 job opportunity since they arrive in Malaysia over the years. (ifranchisemalaysia, 2014) 2.0. SWOT ANALYSIS 2.1 STRENGTHS According to Strategic Management Insight
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Advantages and Disadvantages of Mc Donald franchise: Investment decision: Summary: Reference List: I. About the MC Donald: 1. History: ( From : wikipedia.org/wiki/McDonald's) The McDonald's Corporation (NYSE: MCD) is the world's largest chain of hamburger fast food restaurants, serving around 69 million customers daily in 119 countries. Headquartered in the United States. The company began in 1940s. In 1955, Ray Kroc joined the company as a franchise agent. He subsequently purchased the chain
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should hit $776 billion in sales in 2010. Restaurants employ 13.2 million, this is 8.5% of the workforce in the United States, and the industry is the largest employer besides government. These numbers include single owner restaurants to the largest franchises in the world. The growth trends for the restaurant industry are forecast to advance 5.2% in 2010. Analyst predict that the U.S. Restaurant Industry which created, on average, about 270,000 new jobs per year during the last 10 years is
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THE OTHER PIONEER The golden age of comics, 1938 to 1950, is considered by some as the preeminent and most inventive of all the comic book ages. This is due to the archetype of the superhero was defined during this generation and many of our most beloved heroes have their beginnings in the golden age. Characters like Captain America, Batman, Wonder Woman, and Superman were introduced to the American public during this era. However, with these new personalities, there is one who brought modern and
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between two similar objects. Successful companies now how to reach everyone by using the right words, and by trying to appeal to everyone. As the one of the worlds biggest fast food branches McDonalds is easily recognizable in any country. How does a franchise get to be so big, and be so popular with such a large amount of different people. Simply, they have something for everyone; ice cream, hamburgers, french fries, chicken sandwiches, fish, coffee, breakfast food. All these things appeal to at least
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Introduction Two determined men by the names of James McLamore and David Edgerton had the same vision, to offer citizens great tasting, inexpensive food that would be served in a clean and welcoming environment. These entrepreneurs had already gained experience in the restaurant business in the past. In 1954 the first Burger King was open to the public in Miami, Florida (www.burgerking.ca/en/1122/index.php). By developing the first Burger King, James McLamore and David Edgerton
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Quality Food) Culver's Franchising System, Inc. operates a chain of casual restaurants called Culver's Frozen Custard. The company began with a single restaurant in Sauk City, Wisconsin, (1984) and as of 2003 had roughly 200 stores, almost all run as franchises. Most Culver's restaurants are found in the Midwest, though the company also has outposts in Texas and Kentucky. Culver's restaurants occupy a middle ground between fast food and family dining. The average restaurant seats 120 patrons, and the average
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INDIVIDUAL ASSIGNMENT Name: Tran Dieu Linh BA60111 Class: BA0662 I. Background 1. History 2. Mission and vision 3. Business objectives II. S.W.O.T analysis III. Ads/disadvantages of Mc. Donald franchise IV. Investment decision V. Reference list I. Background: 1. History: The McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries. Headquartered is located in the United States
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Contents pages Executive Summary 1-2 Overview of Organization. 3-7 Competitive Environment 8 Analysis
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