This document provides an overview of a business plan for McDonald's corporation, including its mission, vision, background, expertise, marketing strategies, target market, competition, and investment opportunities. It also includes a SWOT analysis.
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Business is the activity in order to develop and make money by manufacturing on purchasing or selling the product and services in the Marketplace to stop it is an organized effort in the practices of the person so that theycanmanufacturingandtreattheirgoodsand services in order to make profit. McDonald's corporation which is situated in America and founded in 1944 stop this is the fast food company which provides several Americanfastfoodsinordertogetsuccess.The organizationisfoundedinCaliforniaUnitedStates. Where are some objectives of the organization in order to get success and opportunities? Mission: “To makedelicious and weekly feed their poster communities” Vision:“Toprovideunmatchedqualityservices cleanliness and values for their customers” Objectives: oToProvidequalityofthefoodinafun environment. oTo become socially responsible Organisation in order to provide several benefits to stakeholders In the world the craving of the food has been increasing day by day and it is very important for the organization to have presence on the online modes in order to fill the savings of the people in this pandemic. I have operate and working experience of 4 years in the fast food company. Where, I analyze the importance of the food in the human life. BUSINESS PLAN Overview of the BusinessBackground and ExpertiseMarketing P’s Price: McDonald's company includes several price building Strategiesandmainlypreferredpsychologicalpricing strategiesinordertoprovideaffordableproductstothe consumers. Product: Place the organization is operating more than 36,000 restaurants globally in order to create own taste restaurant. Promotion:organizationisusingseveralpromotional strategieslikedigitalmarketingadvertisinginorderto promote their products and services. People: the organization is focusing on the unique way in order to address their consumer demands and requirement and treat them in a very appropriate manner. Target Market &Competition McDonald's marketing plan is to focusing on their long term Outlook in order to provide and deliver appropriate growth in order to increase their opportunities. The organization wants to target their opportunity and therefore well used like food and the customer experience.Generally the organization required minimum of dollar 500,000 of non-borrowed resources in order to consider the franchise. There is few Limited opportunity for the organization in order to enter into the program with the less cash available Market segmentation targeting and positioning is a very important interview elements for the marketing strategy in order to get opportunities. Segmentation is the process in which the organization divides their population according to their certain characteristics and positioning refers to the choosing of the marketing mix in the appropriate market in order to provide product and service accordingly. Competition: KFC , Dominos, Burger King and many more Market Plan & Investment Needed and Finance Opportunity SWOT analysis