Real World companies Essay Example | Topics and Well Written Essays - 1000 words

Real World companies - Essay ExampleInternal factors are those that affect the staff, managers and management of a federation and they are essential in making the companies achieve locally and globally. These factors have great influence on the business as they can prese4nt the excellent opportunities of affecting their common result of the business project. The McDonalds has made great strides in how it encourages the relationship amidst the employees, management and stakeholders. The company encourages a respectful relationship between the employees and the management. It also hires the most suitable applicants who have shown effectiveness and commitment towards customer satisfaction (McDonalds, 2012, p.1). Also excellent management has inspired the growth of this brand. Skinner is a good example of a leader who brought in major changes to revive an otherwise underperforming company. His quick actions and decisiveness led to elimination of foods that were not adding value and ad ded refreshed dishes like salads and chicken sandwiches. In order to ensure it succeeds in the other markets outside the US, it has had to make changes to its process to cater for the unique preferences of the clients in the respective countries. The McDonalds has also got to do with a lot of external factors that have had their influence on the business. For instance the world economy has experienced several recession periods in which the business has experienced fall in profits. An economic recession affects the purchasing power of people generally.