Operation analysis Essay Example | Topics and Well Written Essays - 1250 words

Operation analysis - Essay ExampleThus, the proponent emphasises the two elect measures of subprogramal exploit for McDonalds by explaining their importance and their capacity to help manage McDonalds operation effectively. Company Background The company is an international icon as the leading fast food fibril restaurant operating in an international coverage. Thus, it is important to learn a little background almost this company as far as worldwide food do retailing and performance evaluation measures are concerned. on that point were 22 million people worldwide served by McDonalds in 1994 (Lyon et al., 1994). This figure rose much than twice which correspondingly one of the most important bases why McDonalds declares to be the leading global foodservice retailer (McDonalds, 2011). McDonalds does not only cater to the needs of the consumers, as well as its franchisers. The actor why McDonalds continues to flaunt its achievements is to entice international franchisers in hal low to continuously help the smirch grow for the better. Today, there are more than 32,000 McDonalds local anesthetic restaurants in 117 countries which approximately cater well-nigh 60 million people. This alone is enough to entice local note persons to go for foodservice retailing done McDonalds franchising. At present, 75% of McDonalds restaurants are globally owned or operated by local business people. Among of the worlds favourites at McDonalds are its world famous fries, big mac, reap pounder, chicken mcnuggets, and egg mcmuffin. Ray Kroc, founder of McDonalds had established a good foundation for the company. He was successful in passing on the vision from generation to generation. This makes McDonalds one of the best companies that screwing remarkably give important insights on how a business should function according to the basic business principles and even in areas of complicated situations. McDonalds without question is good at establishing both its internal and o utside(a) control. This paves way to probable interrelated relationship between the companys centering control clay and its strategies (Kober et al., 2007). In every business, control is important because it paves way to strategic management system (Nilsson and Olve, 2001). It is in this primer that control has become one of the most important options in business operation in cast to evaluate existing strategies prior to the achievement of corporate goals. It is in line with this that performance measurement and management control have become strongly related with each other prior to effectively enhancing effectual business operation (Epstein, 2004). beatniks of Performance McDonalds The main content of this paper includes two general performance measures that can be applied in an organisation. Particularly, the proponent includes financial perspective and customer perspective as two general performance measures that can be applied at McDonalds. These two measures are requis ite perspectives of the balanced scorecard as a set of performance measures from the companys strategies in order to support its strategy and generally its operation in the long run (Garrison and Noreen, 2000). Financial Performance Measure In the midst of tough competition most firms are apt to stimulate needs for their service or product offerings (Kotler et al., 1999 Boone and Kurtz, 2006). This is eventually relevant in the case of McDonalds. The current market trend demands for more healthy foods which eventually tries to ward off consumers from