Corporate Performace Coursework Example | Topics and Well Written Essays - 7500 words

Corporate Performace - Coursework ExampleMcDonalds Corporation was also analyzed infra the lens of SWOT Analysis, BCG Matrix and Porters Competitive Forces. These techniques help us assess the various policies and strategies that the business is following. Furthermore, they be also a snap-shot of business as a whole and tell us at a glance, whether the business is doing well or not In the end, the current performance of McDonalds Corporation is compared with its past performance and its future prospects are discussed in great detail. The future prospects are based on the strategies that McDonalds Corporation is provision to implement. The report ends with some suggestions that McDonalds Corporation could adopt to help them further improve their condition and could help them go across new heights.McDonald is perhaps the most successful corporation of the world. Theres no magic formula to it, but the conjunction believes that its success has come due to their insistence on their v alues and because of their belief in truthfulness and honesty.At McDonalds, success has always involved a not-so-profound formula involving one-part inspiration and four-parts perspiration. Our founder, Ray Kroc, coined the phrase grinding it prohibited to characterize the determination and attention to detail that is required to be successful in our industry. Grinding it disclose was his way of saying the restaurant business is, and always will be, a labor intensive operation. It was potent work and determination that built McDonalds - and today, those same qualities drive our success. (McDonalds Corporation Annual Report, 2008).The above statement intelligibly indicates that hardwork and determination is the most followed principle in this corporation. They also believe in their past values and recollect their success has come about due to the value assumption to the organization by their founding capture Ray Kroc.McDonalds Corporation gives a lot of importance to their cus tomer choice. It has recently added new product in line with what customers want. These additions have become instant hit, which is not only good for the business, but has also given increased weight to the McDonalds menu and increased the choice as they now offer variety of products. Whether you take beef or chicken, salads or sandwiches, breakfast or desserts, theres something for every appetite and occasion at McDonalds. In every country, our menus balance classic favorites with new tastes and local flavors. Were also a beverage destination with offerings such(prenominal) as sweet tea, juices and McCaf coffees. (McDonalds Corporation Annual Report, 2007).According to Richard L. Daft, in order assess the success of an organization, you do not look at only the financial figures of the company, but you also