Mcdonald's Global Strategy

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CMGT-556 Reaction Paper McDonald’s Standardization and localization During the global market expansion, McDonald has multiple strategies to adapt the recipe to different local markets around the world. In this process, there are a lot of challenges that McDonald are facing and McDonald is also taking actions to solve these problems. I would argue that McDonald, as a geocentric orientated company, is thinking globally and acting locally. Firstly, McDonald considers the whole world as a potential market. Apart from the United States, the international market of McDonald is organized into three geographic regions: Europe; Asia, Middle East, and Africa; and Other Countries. McDonald’s global market covers 118 different countries, from which it generate a lot of revenue and makes it one of the biggest global companies. Secondly, McDonald strives for integrated global strategies. For instance, McDonald has localized recipe in India due to the different local culture and it redesigned restaurants in France to better fit in the local culture. Thirdly, different branches of McDonald restaurants in different international markets retain an association with the headquarters country. McDonald has a global marketing slogan “I’m loving it” which is being used globally. Also, McDonald is sticking to the rule that some food must be imported from certain countries. Fourthly, starting from America, McDonald peruses serving the world market from a single country. McDonald is exporting not only food, but also culture. It represents the American fast food culture and life style. Thinking globally and acting locally, McDonald combines extension and adaption into its global marketing strategies. McDonald has been working well between standardization and local adaptation. It has product and strategies that are the same worldwide it also adapts the strategies and products to

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