MMR Mcdonal Project

Embed Size (px)

Citation preview

  • 8/6/2019 MMR Mcdonal Project

    1/19

    2/26/2011

    MCDONALDS RESEARCH ON THE MCDONALDS

  • 8/6/2019 MMR Mcdonal Project

    2/19

    Group Members

    Names Roll No

    Ajit Nishad 325

    Saumil Parihk 328

    Manisha Peshwa 330

    Aditya Rane 334

  • 8/6/2019 MMR Mcdonal Project

    3/19

    ACKNOWLEDGEMENT

    We would like to thanks Nandini Mamam forassigning such an interesting project

    which has really explored our real talent and it helped us to make projects for our

    professional life.

    It has bee

    nreally k

    nowledge sh

    arin

    g experience to m

    ake this project. We would

    also like to thanks our parents who have helped us throughout our project. .This

    project helped us to make better known what basically research and survey is.

    Presented to ProfNandini

    Maam

    (SYBMM)

    (Nagindas Khandwala College)

  • 8/6/2019 MMR Mcdonal Project

    4/19

    OBJECTIVES OF RESEARCH

    1 To know a bout the problems and challenges faced and facing by

    company.

    2 To identify what factors made the customers dissatisfied with

    McDonald's and why it leads to allegations.

    3 To know the views of people about McDonalds

    4 What are the factors about Mc Donalds that makes customers happy and

    dissatisfied?

    5 To find the current corporate image of McDonald

    6 To determine whether the statements McDonalds makes are part of

    McDonalds

    7 Is McDonalds serves a range of high-quality foods

    8 Is McDonalds provide the right balance between the energy they

    consume as food and the energy they burn in physical activity

    .Methodology of this project

    Foraccessibility and availability of information we have chosen to work on the

    Most of the information used in this project is from primary Sources and

    secondary data. The main source of information was the, survey, in depth

    interviews and focus group discussion. In addition information was also

    collected from websites.

  • 8/6/2019 MMR Mcdonal Project

    5/19

    Research processes for McDonalds

    Our research question isWhat are the factors about Mc Donalds that makes

    customers happy and dissatisfied? Is McDonalds serves a range of high-

    quality foods? To determine whether the statements McDonalds makes are

    part of McDonalds? So we have for this in this way.

    y Designing the study

    y Sampling design

    y Resource allocationand budget

    y Valuing research information

    y Pilot testing

    y Data collection

    y Analysis and interpretation

    y Reporting the results

    Designing the study:

    The objective of our research is to find the the factors about Mc Donalds that

    makes customers happy and dissatisfied. We have also planned for survey that is

    street, in-depth interview which will be conducted on the basis of structured

    questionnaires so that anything may not be missed. These techniques will be used

    due to the followin

    g ben

    efits:

    y It is the best way of data collection.

    y Observation can be made

    y Analysis of writtenand recorded material

  • 8/6/2019 MMR Mcdonal Project

    6/19

    y Behavioral observation.

    y Knowledge can be gained.

    y Opinion can be taken.

    And our source will be people and organization. Survey questionnaires will be

    simple .it will be the mixture of open ended, close ended, forced, unforced and

    rating scale. Simple wording should be employed .survey will be evaluated on the

    basis of following factors:

    y Cost

    y Sample accessibility

    y Time constraints

    y Topic coverage

    Sampling design:

    Sample will be selected as college and residential area for survey and face

    to face discussion. So that accurate results can be attained

    Resource allocation:

    Valuing research information:

    Without information our work will be on imagination based that may be

    wrong and can bring high cost of loss for us .We can make wrong hypothesis

    which will be not consistent .our result may be wrong much.

    So with information our observation will be more .our results will be real

    and our research will be authenticated so real data will be used through different

    techniques of research. Our experience will be high for future plans. Our exposure

    will be high.

  • 8/6/2019 MMR Mcdonal Project

    7/19

    Data collection:

    Data will be collected through survey by using in depth interview will be

    conducted for detailed information to know much a bout the subject .McDonalds

    websites and considering the information onnet.

    Analysis and interpretation:

    Analysis of the data will be managed carefully by taking percentages of

    favorable and unfavora ble results. Then summary of data will be presented by

    using statistical techniques. Than the result will be made after interpretationand

    can check whether the results are consistent with hypothesis ornot.

    Pilot testing:

    Pilot testing will be employed to check the weaknesses in designand

    instrumentations. We will see whether the questionnaire is simple or complicated?

    Whether the questions are the mixture of forced or unforced? Whether all the

    questions are based on structured or not? Whether the objective is clear or not?

    Whether hypothesis is clea

    rly chosen

    ? In

    ca

    se of the fa

    ilure ofn

    ull hypothesis,what alternative hypothesis will be selected?

    Reporting the results:

    At the end report will be prepared in which we provide

    all the information in this pattern:

    y An executive summary

    y An overview of the research

    y Implementation strategies

    y A technical appendix

    y Attachment of survey questionnaires

  • 8/6/2019 MMR Mcdonal Project

    8/19

    .

    Introduction of McDonalds

    The first McDonald's was built in 1940 by the McDonald brothers (Dick and

    Mac) McDonald's Corporation is the world's largest chain of hamburgerfast

    food restaurants, serving more than 58 million customers daily.[4]

    Inaddition to

    its signa

    ture resta

    uran

    t cha

    in

    , McDona

    lds Corpora

    tion

    helda

    min

    ority in

    terestinPret A Mangeruntil 2008, was a ma jor investor in theChipotle Mexican

    Grill until 2006 and owned the restaurant chainBoston Market until 2007

    Started offas a hot dog stand in CA [1937]

    The McDonald brothers realized that hamburgers were their most profitable

    menu item, and changed their business to serve a limited menu.

    The majority of the restaurants are owned through franchises

    AMcDonald's restaurant is operated by eitherafranchisee, anaffiliate, or the

    corporation itself. The corporation's revenues come from the rent, royalties and

    fees paid by the franchisees, as well as sales in company-operated restaurants.

    McDonald's revenues grew 27% over the three years ending in 2007 to $22.8

    billion, and 9% growth in operating income to $3.9 billion.

    McDonalds is a large corporation in the fast food industry.

    They have beenaround since 1955 when Ray Kroc started the chain of

    McDonalds. They have been growing ever since.

  • 8/6/2019 MMR Mcdonal Project

    9/19

    QSC&V......The Foundation that built McDonald's success

    Whenasked to explainMcDonald's success, founder Ray

    Kroc used to say, "We take the hamburger business more

    seriously thananyone else."

    Kroc was a perfectionist. From the day he opened his first

    restaurant, he vowed to give his customers high quality

    products, served quickly --and with a smile, ina cleanand

    pleasant environment, and all at a fair price. Quality,

    Service, Cleanliness and Value (QSC&V) became the

    philosophy that drove McDonald's business.

    McDonald's Quality Management instills the culture of quality through such

    principles as being customer driven, managing with facts, valuing people, and

    continually improving every aspect of our business

    Service that is fast and friendly and has always beena foundation for success at

    McDonald's

    Cleanliness for us means having the cleanest and freshest facilities from the

    kitchen to the rest rooms and parking lots

    Valueat McDonald's means the total experience...... great food, friendly folks, a

    clean environment, quickand accurate service and fun!

  • 8/6/2019 MMR Mcdonal Project

    10/19

    Going International

    1971 McDonalds really starts going global

    Asian: Tokyo Ginza District, Japan

    European: Netherlands, Munich, Germany

    1967 - Canada & Puerto Rico (first restaurants outside the U.S.)

    1971 - Tokyo, Japan, Amsterdam, Netherlands & Sydney, Australia

    1979 - Rio de Janeiro, Brazil

    1990 - Moscow, Russia & China

    The first McDonalds Drive-Thru opened in SierraVista, Arizona in 1975

    Happy Meals were added to McDonalds menu in 1979

    McDonalds launched the new worldwide Balanced Active Lifestyles public

    awareness campaign in 2005

    McDonalds celebrated its 50th Anniversary onApril 15, 2005

    They employ 447,000 people.

    They have over 3,200 restaurants in over 119 countries.

    The majority of the McDonalds franchises are owned by individual

    franchises.

    Their primary competitors are other fast food chains such as Burger King

    and Wendys. The competition can get pretty intense to build customer

    loyalty to their food.

    McDonalds has 132 restaurants in India of which 79 are inNorth & East

    Indiaand 53 inWest & South India.

    The McDonalds Brand is one of the most well known Brands in the world.

  • 8/6/2019 MMR Mcdonal Project

    11/19

    SWOT Analysis of McDonalds

    Strengths

    y Huge target market

    y Commercial area

    y Perfect location

    y Quality foods

    y Friendly services

    Weakness

    Disposing waste

    Management of service

    Opportunities

    Newer products

    More franchises - less risk

    Job opportunities

    Scope for expansion

    Threats

    Strong competitors, Competition - global, national, regional, and local.

    Commodity

  • 8/6/2019 MMR Mcdonal Project

    12/19

    Growing health conscious population

    Food safety bacteria, e. coli, 41 -150

    Pest Analysisy Political

    y Ecological/environmental issue

    y Fast food industry giants such as Wendy's, Pizza Hut, and McDonalds are

    some of the largest consumers of paper products in the US. "Every year

    millions of pounds of food packaging waste litter our roadways, clog our

    lan

    dfillsan

    d spoil our quality of life.

    y International pressure-groups

    y Pushing for increased regulations to make companies more responsible

    y Wars and conflicts

    y war between countries where the company operates.

    y They have also become a symbol of capitalism and Americanism meaning

    that they have now become the target of terrorist group and attack.

    Economic

    y McDonalds must consider economic challenges when expanding

    internationally.

    y

    y Low set up costs = rapid expansion

    y One of the challenge for fast food industry is that to keep the price is

    low for the customer.

    y

  • 8/6/2019 MMR Mcdonal Project

    13/19

    y Franchising facilitates set ups

    y McDonalds corporation provides financing assistance and training fornew

    franchise owners to manage cash flow and keep businesses profitable.

    y The main reason is the consumers worries had greatly increased with

    health fears so customers now opted for more healthier options like

    subway which offered more ofavariety for health conscious customers

    Social ChallengesThe consumers worries had greatly increased with health fears.

    Social ConsiderationMcDonalds changed its image vastly by evaluating the menu.Range of high-quality foodsEmphasis on food safety

    Technological Advantages

    McDonalds has takenadvantage of technology to streamline their processesand improve efficiency.

    Touch OrderAllows You To Place OrderAt McDonalds Via Handset

    McDonalds has also implemented technology to improve supply chainmanagement, and allows customers to access this information to make moreinformed decisions about what they eat.

  • 8/6/2019 MMR Mcdonal Project

    14/19

    Results of survey

    y Nearly 70% of the respondents had visited McDonalds within 90 days

    on the moment they filled in the questionnaire.

    y The average age of the participants is 25,7 with a minimum age of 19

    and a maximum age of 56 years.

    y When asked what distinguishes McDonalds from other members of the

    food industry, the three most important factors were speed,

    predictability and convenience

    y The main reason for visiting McDonalds for 60% of the sample was to

    have diner.

    y When visiting McDonalds, the most frequently placed order of half of

    the respondents was a menu that 16 out of 22 respondents did not agree

    with the statement that McDonalds serves a range of high-quality foods

    y Almost 70% of the sample states that McDonalds has the responsibility

    to inform its customers on health related issues

    y It must be noted that none of the respondents completely agreed with

    the statement that McDonalds serves food that can fit into a balanced

    diet.

  • 8/6/2019 MMR Mcdonal Project

    15/19

    y A possible explanation is that corporate image related research is

    mostly a matter of the company

    y It seems that McDonalds has no need to bear this responsibility

    according to the majority of its customers. None of the respondents

    completely agreed with the statement that McDonalds serves food that

    can fit into a balanced diet.

    McDonalds Strategies

    McDonalds real goal as a corporation is to make money for thestockholders. Their stated goal is Long term sustainable growth forallstakeholders.

    McDonalds has realized that they are reaching a big maturation stage in thebusiness cycle, based on its profits slowing down more and more every year.It is going to be time to reinvent or re-image this corporation to try to startthe business cycle overagain.

    Recommendations for McDonalds

  • 8/6/2019 MMR Mcdonal Project

    16/19

    Recommendations for McDonalds

    More Healthy Choices

    McDonalds should develop menu choices that are healthy

    and socially acceptable. It is possible to develop a menu that people will enjoy

    and that also fits into the original Speedy Service

    model the company introduced in the 1950s. Use local food sources where possible.

    Using local sources decreases the time to

    market, and also decreases the use of fuel to

    transport goods. Locally focused menu choices

    McDonalds in India has specific menu items For the vegetarian market;

  • 8/6/2019 MMR Mcdonal Project

    17/19

    Questionnaire on McDonalds

    1. When was the last time you visited McDonalds?

    2. How frequently do you visit McDonalds?

    Onaverage every ....... month(s).

    3. For what meal(s) do you mostly visit McDonalds?

    Breakfast Diner

    Lunch In between

    4. What is your most frequently placed order?

    Menu Menu + supersize

    Only burger Only beverage

    Only salad Only fries

    5. McDonalds distinguishes itself by:

    (Several answers possible)

    Taste Cleanliness

    Convenience Speed

    Predicta bility Healthiness

    Provision of choice Friendly staff

    6. McDonalds serves a range of high-quality foods.

    7. McDonalds serves food that can fit into a balanced diet.

    TotallyAgree PartiallyAgree

    NeitherAgree or Disagree Partially Disagree

    Totally Disagree

    Personal InformationName

    Age

    Level ofeducation

    Within the last 7 days Within the last 30 days

    Within the last 90 days Longer than 3 months ago

    Totally Agree PartiallyAgree

    NeitherAgree or Disagree Partially Disagree

    Totally Disagree

  • 8/6/2019 MMR Mcdonal Project

    18/19

    8. McDonalds helps people achieve the right balance between the energy they consume

    as food and the energy they burn in physical activity.

    TotallyAgree Partially Agree

    NeitherAgree or Disagree Partially Disagree

    Totally Disagree

    9. According to you what are the negative points of McDonalds?

    ---------------------------------------------------------------------------------------------------------------------

    ---------------------------------------------------------------------------------------------------------------------

    10.McDonalds leads the fast food industry on the well-being issues.

    TotallyAgree PartiallyAgree

    NeitherAgree or Disagree Partially Disagree

    Totally Disagree

    11.McDonalds has a responsibility to inform its customers on health related issues.

    TotallyAgree PartiallyAgree

    NeitherAgree or Disagree Partially Disagree

    Totally Disagree Totally Disagree

    12.Which factors are important to McDonalds customers?

    Taste Cleanliness

    Convenience Speed

    Predicta bility Healthiness

    Provision Staff

    You have reached the end of the questionnaire, thank you for your participation.

  • 8/6/2019 MMR Mcdonal Project

    19/19