Table of Contents
2.0 Analysis of three chosen organizations.
3.0 Analyze the Complexities for one of the Chosen Organizations in Comparison to the Other Types of Businesses.
2.2 Macro environment analysis of McDonald.
2.3 Explain how strengths and weaknesses interrelate with external macro factors.
2.4 SWOT analysis to McDonald.
2.5 Key findings of internal and external analysis of McDonald’s and critically evaluate how these impact on the business objective and decision-making of McDonald’s.
1.1 Introduction to provide an overview of different types and purposes of organizations
The business environment defines the external and internal factors of a company. These internal and external factors affect a lot in a business environment (Kroos, 2017). In this world, there are different types of company which have different types of structures and rules. Ross, (2018), stated that there are mainly four types of business. These are Limited Liability Companies (LLC), Sole Proprietorships, Partnerships, and Corporations. Every entrepreneur should carefully think before creating an organization that which of these business structures is suitable for their company. There are three types of business which is mentioned in this research paper. These are McDonald, Al-Manar, and UK cancer research. McDonald’s is an American fast-food restaurant. Richard and Maurice McDonald established this largest restaurant in 1940.
This restaurant is serving a maximum of 70 million people in almost a hundred countries at6 37,855 outlets. Their main purpose is to serve their customers high standards and healthy foods and to also give them the best and quick service (McDonald Annual Report, 2019). The next company is Al-Manar. This company is a superstore that sells various kinds of Irham for Hajj and Umrah, accessories, Islamic books, CDs or DVDs, clothes, halal perfumes, health and beauty products (Al Manar Islamic Shop, 2017). Their main purpose is to give their customers halal and good products. The next one is a UK cancer research paper. This company is a charity based company in the United Kingdom created on 4th February in 2002. This company works for cancer patients and its main purpose is to reduce the death of the patients affected by cancer (Cancer Research UK, 2019).
1.2 Growth of the International Business Environment
International business defines all trading activities environ to appear to raise the variation of people, ideas, services, resources, etc. over the national limits (Jonas, 2018). The growth of the international business has another name which is globalization. Many organizations have their main aim to take their business to the international level because an international growth of a business is very important for its success and development. This growth of the international business environment has been imposed on various factors like political, economics, educations, foreign exchange market, trade agreements and so on. Globalization creates an interrelation among the countries. Richard (2017), stated that globalization signifies that the earth is getting smaller. There are many reasons for this international business environment growth. These are saturation of the domestic market, availability of low-cost labor, competitive reasons, opportunities in foreign markets, improvement of communications and technology, reduction of trade barriers, consumer pressure, diversification, increased demands, global competition, etc.
2.0 Analysis of three chosen organizations
McDonald’s is one of the largest American fast-food restaurants. They serve almost 58 million customers daily all over the world. It is a public company because its share is open to the public. This restaurant was established in 1940. Their Golden Arches logo became famous in 1953. They had original headquarters in Oak, Brook, but now it moved the global headquarters in Chicago (McDonald, Annual Report, 2020). They have almost 38 thousand outlets all over the world. They serve the best hamburger in their restaurant. Their main vision and mission are to get bigger and serve their fast foods all over the world. Their main objective is to give the high standard food to the customers and to serve the food quickly. This restaurant follows a division organizational structure. Besides, McDonald considers its employees, customers, suppliers as its actual stakeholders (McDonald, 2019). They have a great impact on this restaurant. This restaurant’s external stakeholder is its customers.
Al-Manar Islamic Shop is an active company for two years. This company was organized on 10th February 2015. It is a private company because its share is not open to everyone. The name of the director of this company is MD Hafizur Rahman (Al-Manar, 2019) Their turnover rate is very low. Their registration number is 09432685. They sell various kinds of regular stuff like Islamic books, ornaments, accessories, clothes, Islamic CDs or DVDs, halal perfumes, halal health and beauty products etc. Their vision is to make their company more successful so they can sell more products. Besides, they want to develop their sales growth, create an attractive website theme and style their store very beautifully. They have their very clear objects in the company. They want to give the customers halal and good quality products. They do not sell any kind of haram products because their company an Islam-based company. This company also follows a functional structure in business………………………