Mcdonald's Evaluation

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CHAPTER 1 INTRODUCTION 1.1 Background of the study In the recent years, many competitors of McDonald’s in the industry in Hong Kong such as Burger King, KFC have made a great impact; they have been doing an impressive job in marketing. For instance, Burger King kept offering some eye-catching promotions which really did make a noise for them, as a result, they have become more popular and literally earned a significant number of new customers and meanwhile, the longtime rival of McDonald’s, KFC has been steadily increasing the profit. With all these impacts, McDonald’s still managed to stay where they were, the market leader of fast-food industry in Hong Kong, and in fact, they have been steadfastly expanding their enterprise by launching more branch stores in the past five years. How could McDonald’s still manage to stay at the spot as the market leader and maintain profit against all pressure from the success and sharp rise of the competitors? Finding out how is the purpose for us to do this project. 1.2 Objectives This project helps us to evaluate and analyze the strengths weaknesses, opportunities and threats. Results and Findings from the analysis will help us to conclude the evaluation of McDonald’s marketing strategies so as to purpose recommendations for better performance on McDonald’s marketing strategies. The goal of the project is to find out the marketing strategic amendments and moves the McDonald’s has made in recent years and to find out ways to make significant improvement on the profit of McDonald’s. CHAPTER 2 LITERATURES REVIEW 2.1 SWOT analysis SWOT analysis is a structured planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. A SWOT analysis can be carried out for a product, place, industry or person. It involves

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