Introduction to Business and Management: A Case Study of McDonald's

Introduction to Business and
Management
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Table of Contents
Introduction.................................................................................................................................................3
Identify and explain the 3 levels of an organisation and their responsibilities, including associated
functional areas, in light of the given case study/article..........................................................................4
Identify and explain the roles and styles of leadership and management from a theoretical perspective.
With reference to the case-study / article, interpret the leadership and management style adopted in the
organisation.............................................................................................................................................6
Explain relevant effects of globalisation facing the organisation.............................................................8
Explain your understanding of CSR and review two responses adopted by the organisation in light of
the case study/article..............................................................................................................................10
References.................................................................................................................................................12
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Introduction
There are various key terms which took place in the success of the association such as equity
share, family members, management role or fiduciary, responsibilities of institutional,
confidential disclosure internally and etc.
According to Yakovleva (2017), equity basically refers to the stock options, ownership interest’s
warrants and etc. It does not require disclosing the equity which is held in the diversified
financial holding in some mutual funds (Yakovleva, 2017).
According to Fay, et. al., (2017), family member basically means to dependent children or
spouse. The interests of financial of family members may bear upon the various applications of
the university policy upon the financial conflicts of interest (Fay, et. al., 2017).
The relation in between of these key terms is to help the association in meeting its objectives and
goals inappropriate manner. It helps the McDonald to cope up with the employees for increasing
the equity share. The case study of McDonald will get used in for understanding the various
ways which greatly contributes to the success of the business.
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Identify and explain the 3 levels of an organisation and their responsibilities, including
associated functional areas, in light of the given case study/article.
The various three levels of organisations are well explained below which greatly helps in the
success of the business of McDonald. It also includes the associated areas of functions. The very
first level is the business process modelling, second is process level and the third is activity level.
 Business Process Modelling- According to Cook (2017), it basically includes the analysis of
performance in an efficient manner. Each and every process of work gets documented in an
accurate form which generally includes the symbols, descriptions in written, symbols of
flowchart and etc. In the written form it shows that how the service or product is getting
controlled by the various employees. Flowchart and symbols greatly help in troubleshooting the
problems and suggesting some required improvements.
 Process Level-This process consists of various activities for supporting a major kind of services
which is getting provided to the customers. In this process, many of the experts in the various
areas of the organisational process analyse that how the process of business is getting done in an
interdisciplinary task force. The experts also suggest the ways for improvements. As same, they
also help with the various processes or methods which can greatly contribute to making the
business activities much more efficient and effective. It gets done by ending the most important
goal of satisfying the customer in an appropriate manner (Cook, 2017).
 Activity Level- It is very well known that each and every business requires including the
important activities. In this process the managers and the employees assists for creating a well
detailed explanation or description of the activities which has been performed. These kinds of
employees are known as the person who includes first-hand skills or knowledge of all the tasks
and includes some suggestions for improving their personal work. As same they follows the
understanding that how the activities gets performed by the other people for contributing their
efficiency. In the situation of cross functional forces of task they also suggest the various ways of
impacting their organisational activities. They include the different activities of business process,
production chain and etc. When the experts of task participate in the activities they involve
various ways for improving them. It greatly contributes in managing all the activities of the
business which proves very beneficial for the success of the business.
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