• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

There are a various amount of stakeholders in McDonald's they are Employees, Customers, Government, Shareholders, Bankers

Extracts from this document...

Introduction

Who's interested in McDonald's? There are a various amount of stakeholders in McDonald's they are Employees, Customers, Government, Shareholders, Bankers, Pressure groups, Suppliers, Trade Unions and Local communities. Employees are those who work for McDonald's therefore they would take an interest in all different aspects of the business these are Job security, Good Relations, Performance, Location, Health and safety, development and fair wage. Job Security as they don't want to be in a job which will be in danger of closing down because of poor business. Good Relations It is important to have a good relationship with their other colleagues and their boss if they don't then they won't have a pleasant environment to work in. Performance how well they work in their environment and how they perform if they don't perform well they either loose their job or don't get promoted, but if they do well they would get promoted. Location (Type of work) It depends where the business is based for example if the business is based in a short Health & Safety they wouldn't want to work in an establishment where there in danger of injuring themselves. ...read more.

Middle

Sales increase this will happen due to the new products introduced and gaining more products being sold in the business. This will therefore increase profits and the shareholders will receive higher dividends but if the business doesn't succeed then the shareholders will sell their shares in McDonald's. Attend AGM (Annual General Meeting) this is where the shareholders have a meeting and a vote on how the business should improve. The Government they have the power to make and enforce laws for certain territory. In a sense "govern" means the power to administrate, whether over an area of land, a set group of people, or an association. Income tax and this is due to the legislations. Legislations that apply to McDonalds are Minimum Wage, Health and Safety etc. If McDonalds have a good business then they will need more employees which this will mean less people on benefits and then the employees will have to pay greater income tax. If the employees earn more money then this will mean they will make other businesses will succeed. Local Communities these are people who live in the area interested in McDonald's because they are interested and concerned about the area they live in. ...read more.

Conclusion

They are interested in the how long the workers work for and how much they get for the hours they work. They also are interested in the increase of litter in the local area as well as animal cruelty and how the animals are treated before they are slaughtered. "McDonald's enter animal cruelty debate" (www.McSpotlight.org) On the other hand: "As the world's largest user of beef they are responsible for the slaughter of hundreds of thousands of cows per year. In Europe alone they use half a million chickens every week, all from windowless factory farms. All such animals suffer great cruelty during their unnatural, painful and short lives, many being kept inside with no access to fresh air and sunshine, and no freedom of movement" They are responsible for the destruction of tropical forests to make way for cattle ranching. They annually produce over a million tons of packaging, used for just a few minutes before being discarded. Their record on recycling and recycled products is not as green as they make out. They are responsible for contributing to global warming. (Adapted from www.Mcspotlight.org) "Can any multinational company operating on McDonald's scale not contribute to global warming, ozone destruction, depletion of mineral resources and the destruction of natural habitats?" (Adapted from www.McSpotlight.org/environment) Nikita Patel 10E ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. I have selected a nursery because there is high demand in the UK as ...

    London itself is very multicultural society. However; Ealing itself has ethnicity of 41.3%, this means that when marketing my service I will have to launch a marketing campaign that will attract all ethnicities and cultures. Finally more than 30% of the households do not have access to personal transport i.e.

  2. Mc Donalds stakeholders

    The amount of shares that they have can affect the reputation of the business, meaning more people would buy their products, so this in turn would affect the value of their business. If the shareholders are not satisfied with the business, they may sell their shares, which would give the

  1. I have been asked in this assignment to write a report about Asda and ...

    This is particularly used for customers with small children, the elderly or those customers Who look to be struggling with their shopping load. Asda are also very helpful to the customers they offer a jump lead service, this is where the Greeters and Porters are trained to identify when a

  2. Examples of stakeholders that I will be discussing are customers, employees, shareholders, community and ...

    Employees would also expect to be allowed some holidays that are paid and other fringe benefits such as discount and special offers. As well as all of the things I have stated, employees also expect to have equal rights and opportunities as every other employee has.

  1. In this piece of coursework I am going ...

    They would have to keep the local community happy, so that their business makes more money allowing them to pay of the financiers. Overall businesses must respond to all stakeholders positively in order to keep their business running successfully. Businesses must keep all their stakeholders interested in their business in order to be successful.

  2. Buisness at work

    It can clearly state whether Asda is making profit or not, or even how much and when. If it's making good profit then this means that the customers are buying products of satisfaction quality. The different functional departments interact with other departments to achieve the objectives of Asda by linking with other functional departments.

  1. This report will look at McDonalds as an international business, but also focus on ...

    * They must use approved maintenance engineers which is intended to improve safety but can again add to costs when refurbishment is needed. Only approved suppliers can be used when purchasing chairs, tables etc. Also computer systems and tills are under the control of McDonalds if you want their continued support.

  2. Business Stakeholders.

    They have several methods of obtaining customer feedback. They also communicate with their customers through their in-store catalogue as well as by talking to them every day. Richer Sounds' Collegues: Richer Sounds colleagues are just as important as their customers because they couldn't run the business without them.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work