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tangare [24]
3 years ago
6

What makes McDonald's successful in business?

Business
2 answers:
Hatshy [7]3 years ago
8 0
They were the leaders in a sector that didn't exist so in terms of marketing and business strategy we call them the "firsts" because they were the first to enter to be in this market. And if you want to know what McDonald's has done right to be so successful, the response is: do the things right satisfying the customers' needs in the best way possible. 
One of the key features that McDonald's introduce to the market was the Happy Meal and the parks were the children play, that let the children have fun before and after the eat. So if they have fun, they will ask to their parents to go there, and as a cheap site to eat, the parents were and are happy to go there. But in the last days has appeared the problem of the obesity in a lot of countries and this make the people think two times before they go there. 
In 30 years we don't know because the competence are so aggressive in the marketing way and the quality is similar so. But most important of all, is the customers' needs, and in that way if their needs are covered by other company better than McD then McD will lose this fight.  
faust18 [17]3 years ago
5 0
McDonalds is a fast food restaurant (I don't it's actually called a restaurant) and it has to best cheeseburgers and a slide. Lots of people bring their children there and the kids LOVE IT (I hope) so it is successful. Plus, there is almost 100 McDonalds in every City.
In 30 years, I think McDonalds is still gonna be in business because it has been successful for many, many years and I think if it goes out of business:
1. The world will be disappointed
2. it's impossible because it's 24/7.

I hope this helped!
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Michael porter says that companies gain a competitive advantage by giving customers __________.
Delicious77 [7]

That companies gain a competitive advantage by giving customers focus, cost leadership, and differentiation

<h3>What is competitive advantage?</h3>

A firm seeks a competitive advantage when it aims to surpass its rivals in terms of profitability. An organization must be able to communicate to its chosen target market that it has a higher comparative or differential value than its rivals in order to establish and retain a competitive advantage. For instance, a business is likely to have a competitive advantage if it advertises a product at a lower price than a similar product from a rival. The same holds true if the marketed item is more expensive but has special characteristics that buyers are ready to pay for.

The SWOT (Strengths, Weaknesses, Opportunities, and Threats) analytical technique is credited to Albert Humphrey at the Stanford Research Institute. Porter's Five Forces is an alternative model that helps businesses understand their position within a competitive landscape.

8 0
1 year ago
Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and return on investment 18%. Cha
Irina18 [472]
Should be b! hope this helps
5 0
2 years ago
Nivan Co. issued $500,000 of 5 percent, 10-year, callable bonds on January 1, Year 1, at their face value. The call premium was
Sav [38]

Answer and Explanation:

The journal entries are shown below:

On Jan 1

Cash $500,000

          To Bond Payable  $500,000

(Being the issuance of the bond is recorded)

On Dec 31

Bond Payable $500,000

Loss on redemption $15,000    ($500,000 × 3%)

          To Cash    ($500,000 × 103%)  $515,000

(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)

8 0
3 years ago
A bond has yield to maturity of 7.15 percent; face value of $1,000; time to maturity of 11 years and pays coupons semiannually.
maxonik [38]

Answer:

6.34 %

Explanation:

For computing the coupon rate, first we have to determine the PMT by using the PMT formula that is shown on the attachment

Given that,  

Present value = $939.02

Future value = $1,000

Rate of interest = 7.15% ÷ 2 = 3.58%

NPER = 11 years × 2 = 22 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the PMT is $31.70

It is semi annually

Now the annual PMT is

= $31.70 × 2

= $63.40

So, the coupon rate equals to

= $63.40 ÷ $1,000

= 6.34 %

5 0
3 years ago
Last year's asset turnover ratio was 2.0. Sales have increased by 25% and total assets have increased by 10% since that time. Wh
Dmitriy789 [7]

Answer: d. 2.27

Explanation:

Asset Turnover = Total sales / Average Assets

Last years turnover ratio was 2.0 so assume Sales were $20 and Assets were $10 which would give the turnover of 2.0

The new turnover would be;

= (20 * 1.25)/(10 * 1.1)

= 25/11

= 2.27

6 0
2 years ago
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