This report presents a final strategic recommendations report for McDonalds, building upon a prior situational analysis. It focuses on the cost leadership strategy as the primary method for gaining a competitive edge and increasing market share within the fast-food industry. The report explores market size and trends, analyzes financial and corporate performance, and outlines various strategic options, including market fortification and segmentation. It details the implementation of the recommended cost leadership strategy, emphasizing the importance of creating customer value and assessing asset allocation. The report concludes with an overview of the key points and provides references for further study. The report also discusses the differentiation strategy, but this strategy is not effective for the market leaders. The report also includes the strategies through which performance of the company is control and monitored.