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McDonalds in Ethiopia Ethiopia is located on the eastern horn of Africa bordering Sudan, and Kenya. According to their Gross National Income (GNI), Ethiopia is ranked
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External/Internal Factors within McDonalds Corporation
This paper will discuss how internal and external factors impact the four functions of management (planning, organizing, leading, and controlling) throughout McDonalds Corporation. This restaurant food chain runs internationally.
Internal and external factors are a major part of the business environment when it comes to any of the four functions of management. External factors, meaning how companies small and large may be up against challenging effects with recession, competitors actions, and interference through government actions. All these factors may determine different things for any company.
The first function of management that would be affected by external factors of management would be planning. Planning is crucial to any aspect of the business. “Planning is a conscious, systematic process of making decisions about goals and activities that an individual, group, work unit, or organization will pursue in the future” Planning is not an informal or haphazard response to a crisis; it is a purposeful effort that is directed and controlled by mangers and often draws on the knowledge and experience of employees throughout the organization.” (Bateman and Snell, 2007, p. 118) In ensuring that every manager follows strict guidelines in this aspect of the business there should be no conflict. According to Bateman and Snell, this would be the first step in clearly providing individuals and work units with a clear map to follow in their future activities.” Therefore, McDonalds has so many different positions, but starting out with something as small as a shift plan, this will enable the employees to their designated areas.
Second function of management, organizing would be affected from and external standpoint, because in order to run sufficiently an operation, McDonalds would need to “invest heavily in training their entry level workers, because they may not...
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