Risk Assessment on McDonalds

Risk assessment on
McDonalds

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Aims of organisation...................................................................................................................1
Risk Thresholds...........................................................................................................................2
REFERENCES..............................................................................................................................16

INTRODUCTION
Risk assessment in turn is considered to be as an effective approach which is very useful
in effectively describing the overall procedure of the company by effectively identifying various
hazardous risk factors which in turn is largely associated with the company (Dainty, and et.al.,
2016). This study will highlight on various risk descriptions, identification of the various
opportunities and threats, existing control measures, calculation of the key risks and the
mitigation action plan for the risk. McDonald’s is an American fast food company which in turn
was founded in the year 1940 by the Richard and Maurice McDonald. This company is
headquartered in the Chicago, Illinois. The key products within which McDonald’s deal is
Hamburgers, French fries, milkshakes, chicken, desserts, wraps, soft drinks, etc.
MAIN BODY
Aims of organisation
McDonald’s is an American fast food company which in turn was founded in the year
1940 by the Richard and Maurice McDonald. This company is headquartered in the Chicago,
Illinois. The key products within which McDonald’s deal is Hamburgers, French fries,
milkshakes, chicken, desserts, wraps, soft drinks, etc.
Aim
The key aim of the McDonald’s company is to serve good quality food in a fun and
friendly environment. The company in turn tends to focus on providing customers with food
which are high on standards, value for the money and also provides quick service.
Objective
 The key objective of the company is to be socially responsible and to comply with the
sustainable needs of the environment.
 The key objective of the McDonalds Company is to be provide one of the leading o\
world’s quick best service experience.
 They in turn tends to focus on providing wide range of quality, outstanding, clean and
value products to the company.
 To create wide degree of value in the eyes of the customers.
Mission
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The key mission of the McDonald’s company is to be our one of the favourite place to
drink and eat. They focus on providing exceptionally well customer experience.
Vision
The key vision of the McDonald’s company is to be one of the globally best fast food
chain by providing service restaurant experience. They also tends to focus on providing wide
range of quality, outstanding, clean and value products to the company.
Risk Thresholds
Risk Threshold in turn largely determine the amount or degree of risks which in turn is
largely acceptable for the organization. The organization in turn can accepts the minimal over
runs within the cost or various set of changes within the scope (Walker and et.al., 2015).
Acceptable level of the risks in turn are considered to be the risks which in turn are largely
acceptable by the organization. Risk register in turn is considered to be as one of the most
effective measure which in turn is considered to be very useful in determining the known risk to
the organization (Improved Risk Assessment & Security While Managing Costs & Liability,
2020). The rank within the risk registers which helps in determining the risks in order to evaluate
various type of risks at the same level within the organization.
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