{"id":4,"date":"2013-09-12T13:33:43","date_gmt":"2013-09-12T20:33:43","guid":{"rendered":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/?p=4"},"modified":"2013-09-12T13:33:43","modified_gmt":"2013-09-12T20:33:43","slug":"mc-donalds-a-business-soon-to-be-regulated-into-decline","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/2013\/09\/12\/mc-donalds-a-business-soon-to-be-regulated-into-decline\/","title":{"rendered":"Mc Donald\u2019s &#8211; \u2018a business soon to be regulated into decline\u2019?\u2019"},"content":{"rendered":"<p><b><span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.neumann.edu\/academics\/divisions\/business\/journal\/review_08\/Gibison.pdf\">http:\/\/www.neumann.edu\/academics\/divisions\/business\/journal\/review_08\/Gibison.pdf<\/a><\/span><\/b><\/p>\n<p>Even though highly credited for issuing positive impact in cultural globalization and homogenizing, this MNC\u2019s brand name seems to be falling under its aspirations lately. As highlighted in the academic article above (hyperlink), Mc Donald\u2019s has been subjected to numerous business ethics objections. These are issues that currently directly affect two main stakeholders; the customers and employees but, falling victim to \u2018the stake holder theory\u2019 will eventually hinder the entire company\u2019s success. There have been reported situations of Mc. Donald\u2019s failure to respond\/show concern towards poor meal service to a costumer. A consistency of this kind of negative attitude further implicates unethical business practices that pay no attention to customer satisfaction and expectations. Societies are becoming much more aware of the unhealthy\/unsafe food served by Mc. Donald\u2019s thus, reducing the number of costumers. Advice to the business managers would be to firstly to own up to mistakes, find the source of the problem and make changes from there.<\/p>\n<p>Ironically, most of the ethical issues based on the origin and production process of the food are probably a result of some of the company\u2019s cost reduction strategies. So, either the forthcoming of the potential damage on profits was never closely analyzed or, the strategy needed more effective supervision t ensure success. To further investigate and assess the extent to which the \u2018stakeholder theory\u2019 applies to Mc Donald\u2019s, I will look at the different methods of evaluating business success and evaluate whether these ethical problems have had effect on Mc. Donald\u2019s over the past few years. <a href=\"http:\/\/www.surepayroll.com\/articles\/small-business\/how-to-measure-success-of-small-business.asp\">http:\/\/www.surepayroll.com\/articles\/small-business\/how-to-measure-success-of-small-business.asp<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>http:\/\/www.neumann.edu\/academics\/divisions\/business\/journal\/review_08\/Gibison.pdf Even though highly credited for issuing positive impact in cultural globalization and homogenizing, this MNC\u2019s brand name seems to be falling under its aspirations lately. As highlighted in the academic article above (hyperlink), Mc Donald\u2019s has been subjected to &hellip; <a href=\"https:\/\/blogs.ubc.ca\/ulfatfaraji\/2013\/09\/12\/mc-donalds-a-business-soon-to-be-regulated-into-decline\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":20311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/posts\/4","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/users\/20311"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/comments?post=4"}],"version-history":[{"count":1,"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/posts\/4\/revisions"}],"predecessor-version":[{"id":5,"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/posts\/4\/revisions\/5"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/media?parent=4"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/categories?post=4"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ulfatfaraji\/wp-json\/wp\/v2\/tags?post=4"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}