The following is a SWOT analysis of McDonald’s Fast-Food Restaurant.
The management at McDonald’s would view the SWOT analysis as being partly exhaustive of the internal strengths and weaknesses of the company as well as the external opportunities and threats. The fast-food company is globally positioned is more than likely to be faced by a myriad of threats such as the concerns raised by most of its consumers about the quality of its food when compared to that of KFC.
The threat of KFC has become increasing as the fast-food company also expands its operations to cover more countries globally. To position itself in the global market, KFC has had to produce food that is of more superior quality than that of McDonald’s. It has seen its chicken menu undergo numerous modifications, a strategy that has made its chicken the best in the fast-food industry.
In terms of opportunities, the manager would say the list is not exhaustive as new opportunities present themselves every day in the form of opening new outlets in countries that are fully industrialized or have met their development goals. Having flexible terms of employment is not enough to retain its workers. Allowing its workers to unionize will ensure that its employee turnover numbers are reduced and more workers can be retained. An opportunity presents itself in the hiring of college or school students as part-time workers. This will be seen as providing flexible after school work and income to the many college and high school going children who need extra money.