McDonald's Management Strategies

This assignment analyzes McDonald's management strategies, focusing on the classical approach to management and its influence on the company's success. It examines how principles like quality, standard, services, and value have shaped McDonald's internal management practices, including planning, decision-making, and employee relations. The analysis also explores how McDonald's has adapted its classical approach to meet the demands of a fast-paced market by incorporating new items and emphasizing speed while maintaining consistency and customer satisfaction.

ASSIGNMENT

Table of Contents
Part A...............................................................................................................................................2
Part-B...............................................................................................................................................3
References........................................................................................................................................4

Part A
The CEO of McDonalds relies on smart and productive growth rather on the Growth which is at
any cost; this is the classical approach which the entity has followed over years. The impact of
classical approach has also assisted to handle the internal management like planning and decision
making process, employee relation, communication, etc. The behavioral approach to human
resource also helps the organization in dealing with the unconstructive aspects in a suitable way.
The company follows the four principles (quality, standard, services and value), which are the
only management philosophies which never changed in any of the outlet operating in any part of
the world.
Figure 1: Summarized Classical Approach to Management
(Source: Landau, L. D. (Ed.). 2013)

Part-B
Traditionally, McDonald's has been viewed as a slow mechanism in context of renovations in
getting new items out. In the fast casual market and competitive threat it is very important to
make things happen quicker (Meade, J. E. 2013). The customers of McDonalds are relying on
them for convenience and consistency; it was difficult for the management to live up to the
expectations of speed. The four classical principles have assisted in developing a customer base
seeking improved or ethnic fare with the introduction of a broad range of new items. The entity
has enormous level of relevancy for proper planning of all the activities undertaken into the
outlets. The company has been able to achieve element of quickness only through proper
planning. The organizational has developed huge market share in short period of time. The
organizational has developed huge market share in short period of time.

References
Books and Journal
Landau, L. D. (Ed.). (2013). The classical theory of fields (Vol. 2). Elsevier.
Meade, J. E. (2013). A Neo-Classical Theory of Economic Growth (Routledge Revivals).
Routledge.