Sunday, September 16, 2012

Ethics and Social Resposibilty




Ethics is referred to as the moral principles or value that generally govern the conduct of an individual or a group. Social responsibility  is the concern for society's welfare. Both ethics and social responsibility play big roles in business and marketing. It isn't ethical the companies lie about their products just for the sake of selling and it is expected that corporations do their best to help society anyway they can. For example, they can go green, or use less waste etc.

McDonald's, despite the fact that many say it is only promoting unhealthy products are actually more ethical and society responsible than people know. They now have added more healthy items to the menu. To the  current items they have found ways to make them with less chemicals and calories. Also, they use less plastic in their packaging and they have dedicated themselves to energy conservation in order to use less money decrease their impact on the environment.

However, all of that was just the tip of the iceberg. McDonald's practices sustainability. Sustainability is the idea that socially responsible companies will outperform their peers by focusing on the world's social problems and viewing them as opportunities to build profits and help the world at the same time. One way they practice this is the Green restaurant design. This is to enhance their strict building standards to incorporate further opportunities for environmental efficiencies and innovation in the design and construction of their restaurants. Another way is through sustainable packaging and waste management. They continue exploring ways to reduce the environmental impacts of our consumer packaging and waste in our restaurant operations.

On all of these priorities and more they continue to engage with experts and NGOs like World Wildlife Fund, Conservation International, Environmental Defense Fund, the U.S. Green Building Council and similar organizations around the world to get their best thinking on how they can improve their environmental performance. I guess sustainability does work because they are the leading company within their industry.

Monday, September 10, 2012

Strategic Planning for Competitive Advantage

                  Competitive Advantage
Competitive advantage is when a company has unique features and products that consumers believe to be than it's competition. Their are currently three types of competitive advantages, niche, cost and product/service orientation. Performing a SWOT analysis helps firms to identify their competitive advantage.


McDonald's has done many things over the years to give itself a competitive advantage over the competition. For example, it has started to sell more salads and other food products that are more healthy. Just recently they decided to open veggie only restaurants in India and other countries.

They even decided to renovate every single franchise within the United States by 2015 to make it more people friendly. They've even changed the packaging to make it more environment friendly. McDonald's really has some competitive advantages going for them.


History and Mission Statement



                            History
McDonald's is the world's largest chain of  hamburger fast food restaurants. It was originally established as a barbecue restaurant in 1940 by Richard and Maurice McDonald. They later recognized it as a hamburger stand eight years later but it was bought from them in 1955 by Ray Kroc.

Thanks to him McDonald's became worldwide. It now serves 68 million customers 119 countries. As opposed to around the time McDonald's first started it now serves more than hamburgers. The menu includes wraps, dessert, salads, breakfast items and etc.

                                        Mission Statement
McDonald's brand mission is to be our customers' favorite place and way to eat. Our worldwide operations are aligned around a global strategy called the Plan to Win, which center on an exceptional customer experience – People, Products, Place, Price and Promotion. We are committed to continuously improving our operations and enhancing our customers experiences.