The Business World of McDonalds

It's no secret that McDonald’s have been expanding their company on a global scale for the last couple decades. Although it started in California by Ray Kroc, today, McDonald’s is a part of every country’s economy. This is called Globalization . According to the Merriam-Webste r Dictionary, globalization is the development of the global economy by integrating businesses by the use of free trade, cheaper labour costs, etc. (paraphrased). According to an article by Manya Koetse, one of the newest members of the McDonald’s food chain is the Japanese community, and McDonald’s have entered in a dramatic fashion by bringing new menu items. This will be beneficial for the various stakeholders, especially the consumers eating at McDonald’s. A McDonald's based in Japan The plan is to release new menu items along with the expansion in order to attract the untapped target market. The three newest items include: the Teriyaki Burger, the Rice Burger and, amongst ot

In a recent article by Inc.com , one of the world’s biggest corporations, McDonald’s, are planning to make a huge impact on not only the business world, but the environmental world by making all packaging 100% renewable by 2025. This is an extremely large step, especially for a company as big a McDonald’s (Economy, 2018). This will include: cups, wrappers, plates, napkins, etc. This will have a huge impact on many people, including the shareholders. Furthermore, this will also affect the competition as they will need to keep up with these modern changes. The real question is why? Why would such a large business make such a large investment, and the answer will be discovered shortly McDonald's Various Packaging Options McDonald’s stakeholders are their employees, the managers, the suppliers, the shareholders, and the consumers. The more environmentally friendly a business is, the cleaner the environment is, which directly correlates to the employees’