McDonalds

Ph.D.
Case Study
Business
Pages 5 (1255 words)
Download 0
The reality of more individuals coming to terms with the need to live a healthy life, has forced fast food stores to come up with strategies that…

Introduction

The changing trends campaigning for a better understanding of one’s health is by far a key driver. It is clear that McDonalds came up with a Balanced Active lifestyle that in itself encouraged and promoted solutions to its customers to live a long and healthy life. In one instance, the Corporate Executive Vice President Mary Dillon said that her company cared about the health of its customers around the globe. By this, it had developed balanced, active lifestyles that McDonalds would incorporate into its daily activities to improve their health and lifestyles (Barnes, 2007).
Most of the success that McDonald’s enjoys is deeply rooted in their product development strategy. The permanent innovation strategy deployed by McDonalds is to feature an array of products on their permanent menus that do not undergo any changes. A good example of this innovation strategy is where they include the Quarter Pounder and the Big Mac, their cheeseburger, and their basic hamburger. Upon their first development, the above items are left to stand on the menu for an extensive period without the inclusion of any significant changes. The above innovation strategy sees to it that the consumers do not miss on something that they are well familiar with on the menu (Clark, 2015).
The other innovation strategy deployed by the major food chain is a temporary product strategy. This strategy entails the development of temporary products that are meant to supplement the permanent product offerings. An example of products that were formulated for short-term purposes are such as the Big Ocean burger. The importance of the temporary innovation strategy deployed by McDonalds is that it gives customers a new item to enjoy any time they pay a visit to the food chain (Adams, 2007).
The third innovation strategy that is applied by McDonalds is the local product development strategy. With the continuing expansion of McDonalds all around the world, the company ...
Download paper
Not exactly what you need?

Related papers

McDonalds
People started being more dynamic, always on the road, changing customer taste and complex menus affected McDonalds’ ability to consistently deliver quality, service and value. Customers had to wait longer for special orders and they could notice changes in the standard originally set by McDonald. In response to these challenges, McDonald designed and implemented its new just-in-time kitchen…
McDonalds Marketing
McDonalds's worldwide operations are characterized by ever increasing uncertainty and competition. Against this backdrop it's essential to consider the extent to which the product and service quality has an impact on customers at its restaurants. As much as fast food restaurants are highly influenced by competitor behavior as an exogenous variable, the staff also affects the consumers' perception…
Strategy of McDonalds
The sandwich market is a viable option for the company at this juncture. It will surely change their image. It is a feasible option given all the negative press it receives about the quality of its menu. Remember, the outlets in India are profitable, albeit close to 90 per cent of the customer base does not consume beef or pork.
McDonalds Marketing Communications
The name of the sales representative is mentioned in the history as Ray Kroc.…
McDonalds
Customers had to wait longer for special orders and they could notice changes in the standard originally set by McDonald. In response to these challenges, McDonald designed and implemented its new just-in-time kitchen system named ‘Made-for-You’. This kitchen is technically an overhaul of its previous kitchen designed to improve food quality, allows more menu items to be easily introduced and…
McDonalds
Generally, economic factors can be divided into two parts namely Macroeconomic and Microeconomic factors. Macroeconomic factors used to have a significant role in controlling the performance of any business Unit. If the interest rates are on the higher side, the borrowing money in order to expand the business may not be possible for smaller business units. For bigger companies like McDonalds it is…
McDonalds
The changing trends campaigning for a better understanding of one’s health is by far a key driver. It is clear that McDonalds came up with a Balanced Active lifestyle that in itself encouraged and promoted solutions to its customers to live a long and healthy life. In one instance, the Corporate Executive Vice President Mary Dillon said that her company cared about the health of its customers…