McDonald's is one of the world's leading
fast-food chains. Their services are provided
in almost 119 countries around the world.
This case study will evaluate McDonald's
growth and share insights into strategy
formulation and strategy execution for a
declining business.
Reimagining store designs:McDonald's
reimagines its store designs and introduced
a more modern look with the implementation
of digital kiosks, table service, and mobile
order and payment.ConclusionMcDonald's
has consistently formulated strategies
to remain competitive and stay ahead
of its competition. With the current
market conditions, it's essential to have a
well-executed strategy to achieve business
TUT eLeK so
McDonald's has used various strategies
to remain profitable, including product
innovation, using social media, and
extending breakfast hours. Additionally,
the company has used its vast network of
franchises to grow the business worldwide.