Abstract In this research paper the main issue is about CSR (corporate social responsibility) .many enterprises contribute to CSR, one of those enterprises is MacDonald’s restaurant. MacDonald’s was founded in 1948 and it is the second company that gives opportunity to hire high number of employees. But the issue is that MacDonald’s have high profit in the same time they have high number of employees (which is expense)! In the first part of this paper I will talk about harmful affect that caused by MacDonald’s on it stakeholder. Such as: the effect on environment, employees, children’s and animal rights. On other hand MacDonald’s contribute to CSR by many initiatives such as: manufacturing environmentally friendly products, caring about the …show more content…
It is headquartered in United States and it has branches in 119 countries. Also, in each day this restaurant is serving around 68 million customers and this lead to employ many people in order to take care of the customers, to prove that according to BBC report which allocated in 2012 they said that MacDonald’s is the second company behind Walmart that give opportunity to hire more employees (currently they have more than 1.9 million employees). But the question is how they are employing many people and the profit is high as well? Since the labor need many things such as: insurance and wage (expenses) which lead to decrease the …show more content…
First, I would talk about the harms that causes by MacDonald’s in order to seek high profit. In 1972 MacDonald’s donate 250,000$ to Nixon's reelection campaign but unfortunately this donation harm the employees rights who are working in MacDonald because they paid them wages less than the federal minimum wage by 20%. Also, MacDonald’s employees are working for long hours without paying them overtime especially in the poor area since there are no jobs so the employees will accept this condition in order to live. In addition, there is another case related to employees which is about the differentiation between the black and white employees. The case is that there are 10 black employees who claim on MacDonald’s in Virginia because they are not treating them as the white
As indicated by the contextual analysis, it is said that McDonald has possessed the capacity to utilize different procedures to elevate and support their upper hand in the business sector. A piece of its business system is its arrangement to eliminate its Super Size French fries and sodas as it tries to make a healthier picture for itself. The Super-Size alternative is to be eliminated trying to thin down its menu in the midst of expanding concerns and issues being raised about corpulence (Crouch,
McDonald's has been one of fastest growing fast food chains in the world since there opening 1955. Many know McDonald's for their burgers and fries, but many fail to see there greening of their company. To an environmentalist, they see McDonald's as a bad guy, as a pollutants villain but are they that bad? That's the question people are wondering is McDonald's that bad for the environment after all. Mcdonald's has improved there eco- friendly background tremendously, and in my opinion, they will keep growing. In this essay, I will be explaining my outlook on the "greening" of Mcdonalds.
Corporate Social Responsibility is the obligation from corporations to utilize their resources to aid and benefit the larger society. The four components of CSR are economic, legal, ethical, and philanthropic. Social Responsibility is a fundamental force in the wealth creation process. If correctly demonstrated, CSR should heighten competitiveness and boost the value of wealth creation to society. A company's CSR Initiatives directly represent who the company is and what it believes it. The m...
In a statement released by McDonald’s, they claim to have embraced the diversity of employees for many years, and discrimination is not in line with their values. The National Labour Relations Board feel that corporations should be held responsible and not franchises. Topic of article and impact on business: Workers’ rights - As McDonald’s is an international brand this will have an international harmful effect on McDonald’s as people feel very strongly about any form of discrimination against workers. If the allegations are proven true, customers will not feel comfortable supporting McDonald’s, leading in a loss in profit and customers.
In recent years, companies are becoming socially responsible and now stakeholders almost expect a company to have CSR policies. Therefore, in twentieth century, corporate social responsibility (CSR) became an important development in public life (Barnett, ND).Corporate social responsibility is defined as “the ways in which an organisation exceeds the minimum obligations to stakeholders specified through regulation and corporate governance” (Johnson, Schools and Whittington, N.D cited in March, 2012). Stakeholders can be defined as “those individuals or groups who depend on the organisation to fulfil their own goals and on whom, in turn, the organisation depends” (Johnson, Schools and Whittington, N.D cited in March, 2012). There are many purposes for this essay, the first purpose is to descried the key principles of corporate social responsibility and explain their importance for stakeholders. Secondly, is to show how far this company follows those principles in order to be accountable to at least three of its stakeholders. In this essay, three stakeholders, environment, customers and employees will be evaluated respectively and the key principles of the stakeholders will be examined.
McDonalds’ corporation is a leader in the fast food industry. Nonetheless, the corporation website has some drawbacks I terms of detailing the company’s social responsibility statements. As opposed to Starbucks, which delineates in a more precise manner its social responsibility statements, McDonald’s does not show its commitment in a clear way. Here are some of the aspects that were impressive when analyzing Starbucks business ethics and compliance standards of business conduct booklet.
The purpose of this research is to provide a substantial assessment/explanation/analysis of the degree to which the McDonald’s operates based on a universal cultural or whether it is most strongly influenced by the national culture of that country. The researcher will explain how McDonald’s uses diversity and organizational initiatives to contribute to the corporate bottom line. Finally, the researcher will evaluate the company’s bottom-line rationale for diversity initiatives.
Analysing McDonalds (fast food outlets) using Porters 5 Forces model – sometimes called the Competitive Forces model. Introduction McDonalds Canada opened in 1967, thirteen years after McDonalds had taken the United States by storm. This was the first restaurant to be opened outside of the United States. It was in 1965 that McDonalds went public and offered shares on Wall Street. Since then, it has been important for McDonalds to continually monitor its performance, to make sure it is competitive and profitable while also being aware of its immediate community responsibilities.
An organization’s Corporate Social Responsibility (CSR) drives them to look out for the different interests of society. Most business corporations undertake responsibility for the impact of their organizational pursuits and various activities on their customers, employees, shareholders, communities and the environment. With the high volume of general competition between different companies and organizations in varied fields, CSR has become a morally imperative commitment, more than one enforced by the law. Most organizations in the modern world willingly try to improve the general well-being of not only their employees, but also their families and the society as a whole.
First, my personal reaction to this is documentary is an eye opener. I knew McDonalds was more harmful to than other fast food places, but I never knew about the lawsuit between McDonalds and it consumers. I never saw McDonalds as having big impact on my life; this is probably because the McDonald’s in my hometown never had a super-size option. In the video, Spurlock conducted interviews to gain ...
McDonald’s is one of the popular fast food chains in Hong Kong and the success of McDonald’s is due to it is able to create a homogeneous “global” culture that suit to the demands of a capitalist world. In Hong Kong, Time is money thus McDonald’s strategy is consistently fit to the fast food industry. The company has both economic strategy targeting at customer globally and locally.
McDonalds provide high quality products, such as burgers, fries, drinks, muffins, etc, which are safe and reliable that it does what it is supposed to do, but not only does the quality of the products matter, the good value for money affects the business. E.g. buy one extra value meal and get one free with a food voucher that represents the offer only. They ensure that a high standard of the product is carried out at all times and they try to compete very competitively with other fast food businesses with their good value for money. Also a customer would know if the product is good value for money by checking in another food outlet like KFC for their services and products.
In the current time of growth and progression, individuals should know that how a business not only flourish but sustain itself. Making profit is one of the main targets of every corporates but it must not be the only one. When an individual builds a company in order to do business, they should be well aware of their contribution towards the society as well as their business and employees in it. It is total strategy of all. We should be able to realize every increment contributes of it. One of the major factors that affect a business is how well it participates in Corporate Social Responsibility. According to (Werther & Chandler, 2006) corporate social responsibility (CSR) refers to a business practice that involves participating in initiatives that benefits the society. In authenticity, there is a whole lot to argue about it. There are no major guidelines that decides either a business is participating in Corporate Social Responsibility; what might be considered a Business practicing CSR to some, can still not be accepted for it by others. CSR may be restrained a term which his highly flexible. This paper will discuss about Corporate Social Responsibility and its
Corporate Social Responsibility is an organisation’s obligation to serve the company’s own interest and the one’s of the society. Moreover, Corporate Social Responsibility has a definition of a concept where the companies integrate social and the environmental concerns into their own business operation and also on a basis of voluntary with their interactions they have with the stakeholders. Corporate Social Resp...
The challenges and recommendations are concluded in the paper. McDonalds is the largest chain of fast food joints in the world. Organizations like McDonalds should inculcate qualities like flexibility because the co-workers have their own persona and quantities which makes them different from other. An organization should focus on the qualities that a worker brings into the organizations irrespective of their color and race. Periodical review and feedback should be taken the franchises and the management so checks whether the workers are happy or not. Language is a tool of communication, delivering a message-but it is much more than that; it has strengths and weakness which project national character and even philosophy (LEWIS, Richard D., 2004). Philosophers still think inadequate measures are taken to control environmental issues. Theories are secondary we need more active participants than passive