Report: Internal and External Factors Impacting McDonald's Business
VerifiedAdded on 2022/12/28
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Report
AI Summary
This report examines the internal and external factors influencing McDonald's business performance. The internal factors include the company's reliance on employee training and the importance of menu evolution to meet customer demands. External factors such as economic conditions, public health policies, and legal regulations, including minimum wage laws and environmental concerns, are also discussed. The report highlights how these factors impact the company's operations, including staffing, environmental impact, and compliance. The analysis emphasizes the need for McDonald's to adapt to changing market conditions and maintain effective management strategies to ensure sustained business success. The document also discusses the importance of the company's response to external challenges.
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