In the late 1990s McDonalds headquarters in Chicago decided to launch a diversification strategy to foster new
Question:
In the late 1990s McDonald’s headquarters in Chicago decided to launch a ‘‘diversification’’ strategy to foster new ideas and concepts worldwide. One of the initiatives came from McDonald’s Swiss branch. Urs Hammer, the then head of McDonald’s Switzerland, proposed extending the brand into the hotel business by leveraging McDonald’s image of cleanliness and fast, friendly service. With McDonald’s strong global brand recognition, Hammer was convinced the project would be a success. In 2001 McDonald’s opened two hotels, one in Zurich and one in Lully, under the name ‘‘Golden Arch Hotel’’ with room rates slightly about $100 a night. The hotels were positioned as four-star accommodations with cutting-edge in room technology and unique, modern interior design. The hotels offered high-speed Internet access and an online booking system with special Internet rates. Beds featured distinctive arch-shaped headboards. The target markets encompassed business travelers during weekdays and young adults on weekends. What is your view about the selection of Switzerland as the first market for the Golden Arch Hotel concept? Do you see potential to extend the concept to other countries and if so which ones?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Because of sluggish growth in Switzerland McDonalds idea of bran...View the full answer
Answered By
Robert Mbae
I have been a professional custom essay writer for the last three years. Over that period of time, I have come to learn the value of focusing on the needs of the clients above everything else. With this knowledge, I have worked hard to become an acclaimed writer that can be trusted by the customers to handle the most important custom essays. I have the necessary educational background to handle projects up to the Ph.D. level. Among the types of projects that I've done, I can handle everything within Dissertations, Project Proposals, Research Papers, Term Papers, Essays, Annotated Bibliographies, and Literature Reviews, among others.
Concerning academic integrity, I assure you that you will receive my full and undivided attention through to the completion of every essay writing task. Additionally, I am able and willing to produce 100% custom writings with a guarantee of 0% plagiarism. With my substantial experience, I am conversant with all citation styles ranging from APA, MLA, Harvard, Chicago-Turabian, and their corresponding formatting. With all this in mind, I take it as my obligation to read and understand your instructions, which reflect on the quality of work that I deliver. In my paper writing services, I give value to every single essay order. Besides, whenever I agree to do your order, it means that I have read and reread your instructions and ensured that I have understood and interpreted them accordingly.
Communication is an essential part of a healthy working relationship. Therefore, I ensure that I provide the client with drafts way long before the deadline so that the customer can review the paper and comment. Upon completion of the paper writing service, the client has the time and right to review it and request any adjustments before releasing the payment.