StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Adaptation Strategies as Means of Survival: McDonalds - Case Study Example

Cite this document
Summary
The paper “Adaptation Strategies as Means of Survival: McDonald's” seeks to evaluate standardization of the marketing strategy, which implies that the same marketing strategy is applied in all markets without taking into account the local factors. Markets and consumer behavior is homogenous…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
Adaptation Strategies as Means of Survival: McDonalds
Read Text Preview

Extract of sample "Adaptation Strategies as Means of Survival: McDonalds"

Download file to see previous pages

Research is generally of two types – qualitative or quantitative and most researchers are confused which is the best method of research. According to Rips (2001), arguments can be evaluated in two qualitatively different ways – in terms of their deductive correctness or in terms of inductive strength. Arguments have different roles and purposes.  Arguments can range from virtually worthless ones to ones against which no doubts can be ranged. Hence arguments should be evaluated based on the purpose in mind.

An argument is deductively correct if its conclusion is true, whatever may be the premises; an argument is inductively strong if its premises support its conclusion. Research is generally of two types – qualitative or quantitative and most researchers are confused which is the best method of research. According to Rips (2001), arguments can be evaluated in two qualitatively different ways – in terms of their deductive correctness or in terms of inductive strength. Arguments have different roles and purposes.

  Arguments can range from virtually worthless ones to ones against which no doubts can be ranged. Hence arguments should be evaluated based on the purpose in mind. An argument is deductively correct if its conclusion is true, whatever may be the premises; an argument is inductively strong if its premises support its conclusion. This research can either be quantitative (deductive) or qualitative (inductive). The qualitative approach focuses on words and observations to describe people or situations.

The quantitative approach, on the other hand, emphasizes numbers that represent opinions or concepts. Both the methods have their own advantages and disadvantages and hence the selection of the methodology is difficult. For some studied both the methods may have to be combined. 2.2 Research Design As Amaratunga et al suggests research should be chosen as a function of the research situation, for the purpose of this study only qualitative study will suffice. Quantitative data is numerical in form (Jones, 2004) and hence not necessary for this study.

Qualitative data provides greater depth as it covers a range of material collected from previous research, literature review, case studies, and unstructured interviews. This means data is collected after prolonged contact with the field of study (Knox, 2004). It is important to understand the difference between the two most used method of research so that the researcher can take an informed and the right decision.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Adaptation Strategies as Means of Survival: McDonalds Case Study, n.d.)
Adaptation Strategies as Means of Survival: McDonalds Case Study. Retrieved from https://studentshare.org/business/1726818-hi-my-topic-is-adaptationstandardization-strategies-as-means-of-survival-analysis-of-mcdonalds-and-fast-food-industry
(Adaptation Strategies As Means of Survival: McDonalds Case Study)
Adaptation Strategies As Means of Survival: McDonalds Case Study. https://studentshare.org/business/1726818-hi-my-topic-is-adaptationstandardization-strategies-as-means-of-survival-analysis-of-mcdonalds-and-fast-food-industry.
“Adaptation Strategies As Means of Survival: McDonalds Case Study”, n.d. https://studentshare.org/business/1726818-hi-my-topic-is-adaptationstandardization-strategies-as-means-of-survival-analysis-of-mcdonalds-and-fast-food-industry.
  • Cited: 0 times

CHECK THESE SAMPLES OF Adaptation Strategies as Means of Survival: McDonalds

Enviromental Pressure

strategies to Reduce the Pressures In order to reduce one of the environmental pressures concerning the maintenance of strong competition, the department can continuously adapt innovative technologies resulting in attaining superior competitive position over its chief market contenders.... On the other hand, the emergence of various environmental pressures may result in making the department towards ineffective adaptation to the new and innovative technologies which may restrict the department from entering into partnership with foreign countries (Hoppe, MacDonald, & Korb, 2010)....
3 Pages (750 words) Assignment

Organizational Environment

Organizational Environment Introduction For an organization to succeed in any market, it must have the most appropriate organizational design, which means that it must shape its structures and roles to optimize its capabilities and minimize its weakness.... adaptation to a particular market is a dynamic process and can only be achieved as a long-term project and must consider other factors that may be external in nature and may also be affected by previous decisions on strategic positioning in the market....
4 Pages (1000 words) Case Study

Global Strategies as a Successful Business Strategy

This assignment will look at the evidence supporting uniform global strategies as a successful business strategy in an international market place and adapting strategies to national preferences/differences in international operations, comparing and contrasting the strengths and weaknesses of both approaches in what is a growing global economy. ... hen considering uniform versus localised strategy is the transferability of a product's/service's/company's competitive advantage(s), means identifying the factors behind the competitive advantage....
13 Pages (3250 words) Coursework

Standardization and Adaptation Strategies of Mac Donalds, Pepsi and Toyota Motors

In my study I am going to discuss the different standardization and adaptation strategies employed by different multi corporations like; Pepsi, Mc Donald's and Toyota motors in the international business market.... mcdonalds is a global producer of fast foods but their burgers, and other foodstuffs are adapted to local needs alongside tastes and preferences.... In South America mcdonalds' burgers come highly chilled due to the natives love for excessively chilled foods (Learn marketing, Para....
7 Pages (1750 words) Essay

Impact, Consequences, and Future of Fast-Food Business Franchising

The writer of this thesis "A Fast-Food World" analyzes the consequences of a rapidly-growing fast-food market.... European businesses are increasingly adopting a master franchise system.... The master franchise system is a more complicated variation of the unit franchise system.... hellip; The earliest franchise-like business systems can be traced to the Middle Ages....
42 Pages (10500 words) Thesis

An Important Business Issue: Branding

There are other definitions of branding and they are:A brand is a trading name, trade symbol, and trademark that a company develops and legally protects it as a means of differentiating the company from other competitors in the marketplace.... Even the meaning of branding is varied in the business world; many people have failed to agree on what it means.... "An Important Business Issue: Branding" paper explores what branding is and how it can be beneficial to the company and the strategies used in branding....
7 Pages (1750 words) Term Paper

McDonald Company in India

In addition to that, its restaurants are located in one hundred and nineteen countries located on six continents (“mcdonalds Corporation).... This paper outlines that the company owns more than thirty-one thousand restaurants and averagely on a day, forty-six million people have their meals at one of the company's restaurant....
13 Pages (3250 words) Assignment

The Rationale for McDonalds to be in Japan before and after Tohoku

With this being the focus, companies that execute the goal so well always find themselves ever growing and expanding territories They had taken over the business, “The Airdome” from their father mcdonalds who was selling Hamburger and ready juice and renamed it “mcdonalds Famous Barbeque”.... He took mcdonalds through a cultural adaptation that saw the Company getting accepted in Japan.... The name mcdonalds was even changed to suit Japanese pronunciation, the menu was changed to incorporate Japanese menu....
6 Pages (1500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us