Yum brands: Taco Bell • Taco Bell is the nation's leading Mexican-inspired quick service restaurant brand. From breakfast to late night, Taco Bell offers a wide range of Mexican menu items, and serves more than 36.8 million consumers each week in approximately 6,500 restaurants worldwide. They serve made-to-order tacos and burritos, among other foods. Taco Bell and its more than 350 franchise organizations proudly serve over 42 million customers each week through nearly 7,000 restaurants across the nation. In 2016, Taco Bell was named one of Fast Company's Top 10 Most Innovative Companies in the World.
STRATEGIC MANAGEMENT CASE STUDY: MCDONALD’S CORPORATION 1. INTRODUCTION McDonald’s Corporation is the world’s leading fast food restaurant chain with more than 34,000 local restaurants serving approximately 69 million people in 119 countries each day. More than 80% of McDonald’s restaurants worldwide are owned and operated by independent local franchisees. Its revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants (McDonald’s, n.d.). The organization view themselves primarily as a franchisor and believe franchising is important to delivering great customer experiences and driving profitability.
Ethical leadership is a growing concept and many large companies are promoting business ethics as their corporate social responsibility. The behavior and the individual values of the leader provide the direction to the business. Leader’s actions in term of ethical behavior and unethical behavior gives ideas to the employee and other stakeholders that what need to follow and what values are aspired in an organization. The position of the leader with moral and ethical values is most important to provide the solutions to ethical issues in a workplace. This also evident from above discussion that ethical leadership is also crucial in developing the ethical culture within an organization.
Nestle market share is 80% which make it the largest milk company in the world. It has developed over 8000 products which are available around the world. In Fortune Global 500 Nestle was listed no.1 as the most profitable company in the all
Metro is working with over 2300 employees approximately all over Pakistan. It has expanded its 5 wholesale center to 9 wholesale centers in Lahore, Karachi and Faisalabad. Our target customers are general stores, restaurants, industries, offices and families, traders and other business. Metro’s vision and mission statement is to be: “Best in town and become best choice for consumers.” This case study illustrates how metro’s recruitment and selection processes with effective leadership and helping the company to achieve its mission. CORE VALUES AND SERVICES The part which makes Metro more successful is its core values: Sustainability; Customer first; Win-win situation.
A code of ethics is a collection of principles and practices that a business believes in and aims to live by. A code of business ethics usually doesn't stand alone, it works in conjunction with a company's mission statement and more specific policies about conduct to give employees, partners, vendors, and outsiders an idea of what the company stands for and how it's members should conduct themselves. In writing organisational ethical code, the following has to be considered: Professional Accountability Interpreters accept responsibility for all professional decisions made and actions taken. (a) Confidentiality • Employees of the organisation will respect the privacy of consumers and hold in confidence all information obtained in the course
A system to check and balances the benefit of all the board of directors and to avoid some of top management from making decisions that only benefit themselves is created and named corporate governance. Corporate governance means the system of rules, practices and processes by which a company is directed and controlled. The set of rules provided as a guidelines for the board of directors to make sure that accountability and fairness in a company’s relationship with its stakeholders such as financiers, customers, management, employees, shareholders and also society in order to achieve company’s goals and targets in a manner that add a value to the company. All of the stakeholders play an important role in corporate governance to ensure that
Our worldwide operations are aligned around a global strategy called the Plan to Win, which center on an exceptional customer experience – People, Products, Place, Price and Promotion. We are committed to continuously improving our operations and enhancing our customers ' experience.” 3. Starbucks SWOT Analysis The SWOT analysis is based on last year, 2014. 3.1 Strength ➢ Solid Business Position and Worldwide Brand Distinguish Starbucks holds huge land vicinity over the globe and keep up a 36.7% piece of the pie in the United States and has operations in more than 60 nations. Starbucks is likewise the most perceived brands in the café section and is positioned 91st in the best worldwide brands of 2013.
Topic: Ethics and Professionalism Date: 16 August 2016 Ethics refers to the moral values set mostly by society and by the business as a standard for correct behaviour and professionalism refers to the way the business managers and employees conduct themselves when in contact with stakeholders (people directly or indirectly affected by the business). The Code of Ethics and Code of Conduct describes the way the organisation operates and the appropriate behaviour that is expected in the workplace respectively; from not only employees but managers too. The Code of Conduct is vital for every business to move forward with integrity from its leaders in their character and performance. They should place high values on ethics to ensure a good business
1.1 Task 1, P1. Under this task I will explain the ethical issues of KFC Company needs to be consider in its operational. Ethics Ethics can be defined as moral guidelines which govern good behavior, so to behaving ethically is what deemed to be morally acceptable. Business ethics: It is a form of applied ethics or professional ethics observes ethical principles and moral or ethical problems that arise in the business environment. It applies to all aspects of professional behavior which applicable for the behavior of individuals and entire organizations.