Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 ) According to What McDonalds Menu Items Look Like Around the World video Answer the following questions: a) Which international business strategy is McDonald's

1 ) According to What McDonald’s Menu Items Look Like Around the World video 

Answer the following questions:

a) Which international business strategy is McDonald's using - global standardization or localization? Explain your reasoning.

b) Do you think McDonald's business strategy is effective? State why.

c) What are the benefits of McDonald's strategy?

d) What are the costs of McDonald's strategy?

e) What determines whether a multinational corporation uses a global standardization strategy or a localization strategy?

Step by Step Solution

3.51 Rating (164 Votes )

There are 3 Steps involved in it

Step: 1

1 McDonalds employs a combination of both global standardization and localization in its international business strategy This approach is often referred to as glocalization Heres an explanation of how ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Organizations Behavior, Structure, Processes

Authors: Gibson, Ivancevich, Donnelly, Konopaske

14th Edition

978-0-07-81126, 9780077470289, 78112664, 0-07-811266-4, 77470281, 978-0078112669

More Books

Students also viewed these General Management questions

Question

What are some of the costs of unmanaged, chronic stress?

Answered: 1 week ago