Analyzing McDonald's Impact: Hunger Burst Startup Project Report

This report examines the impact of multinational corporations, specifically McDonald's, on local businesses, using Hunger Burst as a case study. It begins with an introduction to multinational corporations and globalization, highlighting their effects on economies and societies. The report outlines the research methodologies employed, including interpretative and positivism philosophies, inductive and deductive approaches, and qualitative data analysis techniques. Primary and secondary research methods, including surveys and interviews, were used to collect data. The findings, presented through thematic analysis and charts, reveal that McDonald's significantly impacts local businesses by affecting competition and technological advancements. The report concludes with recommendations for local businesses to adapt to the competitive environment, including investing in better products, adopting technological advancements, and improving employee working conditions. The report utilizes various research methodologies, including interpretative techniques and inductive approaches, to provide a comprehensive analysis of the research topic. The data analysis includes qualitative analysis and sample random techniques to determine the impact of multinational corporations on local businesses.

MANAGING
SUCCESSFUL
BUSINESS PROJECT

TABLE OF CONTENTS
 INTRODUCTION
 MAIN BODY
 REFERENCES

INTRODUCTION
 Multinational corporation can be termed out as commercial enterprise that conducts
business in several countries. This firm has number of units that take place with local
companies.
 Due to globalization, the Multinational firm offered various advanced benefits and
offer both a positive and negative impact on economies (How Do Multinational
Companies Affect Local Businesses?, 2019.). Globalization can affects large segments
of society not only by global economies but also with changes of cultural and political.
 The present report is based on to identify the impact of McDonald's on a new start up
of Hunger burst. Furthermore, the assignment will focus on to carry out the both
primary and secondary research to identify the possible ways and its impact on new
business set up in local community. Thus, project management plan and work
breakdown structure must be framed in order to identify stages for completion of
project.

Small-scale research with application of quantitative and qualitative research
methods for meeting aims and objectives.
 The research methodologies can be defined as systematic and scientific procedure of
data collection, analysis, interpretation and implication. Thus, research methodologies
are defined in below contexted manner as-
 Research philosophy- It is belief in which data relate with research can be gathered,
analyzed and used. Thus, research philosophies can be comprised of pragmatism,
positivism, realism and interpretive etc. Furthermore, philosophies to research mainly
deals with source, nature and development of knowledge (Lou, 2018.).
 In this, interpretative techniques can be termed out as to find out the information based
on nature and knowledge and it is also based on human behavior On the other hand,
positivism philosophy can be defined as that knowledge is based on natural
phenomenon and experience. In order to carry out the implication of multinational
corporation on local businesses the researcher will have the use of interpretative
technique.

CONT..
 Research approach- This termed out as plan and procedure and series of broad assumption with
help of which detailed information about the research topic can be gathered. It is planned activity
that aids to smooth integration of various facts and objectives of study. Thus, research approach
may be of various types but generally two types of approaches can be considered as inductive and
deductive (de Jong and Van, 2019). In addition to it, inductive approach can be concerned with
generation of new theory that emerges from the data. On the other hand, deductive approach can
be defined as aimed and testing of theory. Thus, to determine the implication of present research
the researcher will have the use of inductive techniques so that depth information about affects of
multinational corporation on local businesses can be defined.
 Data collection- This term can be defined as process that aids to gather and analyze information
that based on differed variables of interest. With use of various sources a researcher can able to
get the accurate picture of data. There are two methods of data collection as primary and
secondary. Under it, primary method can be termed out as collect information with use of first
hand data. Thus, secondary method will be useful in terms to get the information with help of
books, online articles and journals. In order to determine the information about the research topic
the researcher will have the use of both primary and secondary technique.

CONTD..
 Data analysis- It can be termed out as process to inspecting, cleaning and modeling
data with aim to find out the useful information, conclusion and support to decision-
making. Thus, there are two method in order to gather the information and that are as
qualitative and quantitative. In addition to it, the qualitative method aids to using
unstructured and semi-structured techniques.
 There are some common methods to qualitative analysis and that may be inclusive of
focus groups, individual interviews, observation (Mukherjee, 2018). On other hand
qualitative techniques can be used to have various forms of surveys as online, paper,
mobile, telephone interview and systematic observations. It is associated with numeric
analysis in which data can able to collect, classified the better results. In order to carry
out the present research, the researcher will have the use of qualitative techniques so
that better outcomes of research topic can be analyzed

CONT..
 Sampling- This is one of the relevant source that aids to find out the one best choice
among various alternatives. There are many type of sampling methods as cluster,
stratified, random, systematic etc. (Thakur, Kaur and Nautiyal, 2018). In order to carry
out the implication of multinational corporation on local businesses the researcher will
have the use of sample random technique with help of choosing sample of 30
respondents as random individuals.
 Ethics- This is helpful in terms to determine the specific guideline that is responsible
to conduct the research ( Bournakis, Papanastassiou and Pitelis, 2019)). In this, prior
approval must be taken before disclosing the information relate with research.

Theme 1: Multinational firms affects the local business
negatively.
Interpretation- Based on the above report it can be concluded that
multinational firm compete with local business effectively. Thus, there
are total number of 30 respondents. In this, 23 said yes, 5 said no and 2
is not sure of it. The advanced product and services impacts the working
lo local businesses.
Yes No May be
0
5
10
15
20
25 23
5
2
Frequency

Theme 2: Multinational firm enhanced the competition within
business environment.
Interpretation- Based on the above chart it can be concluded that multinational
firms come with large out amount of competition with the local business. It affects
the working of small enterprise. In this, there are total number of 30 respondents.
Under it, the 28 said yes, 1 said no and 1 respondents said no to it. Thus,
competition can get enhanced with the help of providing good and services at the
lower prices.
Yes
No
May be
0 5 10 15 20 25 30
28
1
1
Frequency

Theme 3: Multinational firms enhances the use of technological advancements.
Interpretation-From the above tabular presentation it can be concluded that multinational
companies work as to bring new and innovative technical and production methods that are
new to the host country. It aids to bring technology transfer. Thus, the total number of
participants are 30. In this, 28 stated yes, 1 said no and 1 participants is not sure of it.
Hence, it can be stated that the new innovation and better product and services always
affects the business of local firms.
25
4
1
Yes
No
may be

Communicate appropriate conclusion and
recommendation.
 CONCLUSION
 Based on above report it can be concluded that Multinational companies aids
to provide developing countries various benefits. The multinational
companies aids to bring wide technical and production methods that will be
helpful in host country. Thus, present report was based on the business.
 The present report is based on to determine the impact of multinational
companies on local businesses. Furthermore, the assignment has covered the
things as the formulation of aims and objectives, the data analysis has
conducted in order to have depth information about the topic of research.
Lastly, the recommendation has been given to access the impact of
multinational corporation on local businesses.

RECOMMENDATION
 RECOMMENDATION
 On the basis of report, the recommendation has been given in the following manner as
are-
 Multinational firm encourage firms to invest in their countries, it also aids to bring
better and advanced products in local markets. In order to cope up with it, the local
firm should also produce the better and more advanced products so that individuals in
market can get attracted towards it.
 The Local business should also adopt effective technical adaption so that better
products can be produced at the reasonable prices. Thus, it will be helpful in order to
provide better opportunities to firm.
 To compete with the multinational firm the managers of local business must provide
better working condition so that employees can able to retain themselves in enterprise
for longer period.