Management Theory and Practice Essay Example | Topics and Well Written Essays - 2500 words

Management Theory and Practice - Essay Example The people of different countries do depict changes in tastes and perceptions which are required by the business concerns to effectively tap and thereby bring about changes in the production or operating system. Similarly, in order to tap the different markets in a much effective manner, the business organization must adjust its different policies regarding both price and distribution. The business concern through the changing of their price structure helps in pervading the minds of the consumers in a more prolific manner. Moreover, the business concern should fulfill the different guidelines as envisaged by the government of the country while endeavoring to promote the different goods and services to a large number of consumers. Further, the business corporations in order to internationalize their operations need to gain a large pool of people working across the globe for the company. Working across different cultures and diversities require the business organizations to act in a pr udent fashion to help satisfy the needs of both the internal and external stakeholder groups like the employees, the group of suppliers, the consumers and social groups and the government at large (Yip, Loewe and Yoshino, 1988, p.1-8).... In the light of the above discussion the paper endeavours to analyse McDonald’s sense of adaptability to its changing business environment. Factors of Changes in Business Organisations The increasing mode of globalisation has required the business corporations to synchronize its business processes to adapt itself to the changing business environments. It is observed that business organisations to successfully operate in the global climate need to customize the product or service offerings on an expanded scale. The people of different countries do depict changes in tastes and perceptions which are required by the business concerns to effectively tap and thereby bring about changes in the production or operating system. Similarly in order to tap the different markets in a much effective manner the business organisation must adjust its different policies regarding both price and distribution. The business concern through the changing of their price structure helps in pervading th e minds of the consumers in a more prolific manner. Moreover the business concern should fulfil the different guidelines as envisaged by the government of the country while endeavouring to promote the different goods and services to the large number of consumers. Further the business corporations in order to internationalise their operations need to gain a large pool of people working across the globe for the company. Working across different cultures and diversities require the business organisations to act in a prudent fashion to help satisfy the needs of both the internal and external stakeholder groups like the employees, the group of suppliers, the consumers and social groups and the government at large (Yip, Loewe and Yoshino, 1988, p.1-8). McDonald in

The Gala Event at Four Points by Sheraton, Darling Harbour Essay

The Gala Event at Four Points by Sheraton, Darling Harbour - Essay Example The objective is to boost the morale of the employees and the stakeholders to achieve even higher growth. With this in mind, the even logo we suggest is the symbol of â€Å"ladder† which shall be maintained at all locations, transport, hotels rooms, convention center, dining hall or wherever the group would be moving. The stakeholders that would be arriving from outstation need special consideration. To ensure maximum participation, there has to be something exciting for the guests to look forward to. The invitation itself would have to stir their imagination and make them expect something different from the usual dinners and conferences. To generate a positive emotional response, a mystical invitation would be sent out. The symbol of the ladder would serve to show heights not just in the physical life but would indicate that the event would transport them to greater heights. To ensure they have a pleasant experience at the hotel, all arrangements would be in alignment with individual needs. The invitation would carry a form with simple questions seeking their choices in certain requirements which would be provided in their rooms. The rooms too would have the symbol of the ladder and the dà ©cor would emanate a WOW from them. We can assure they would carry the memories of the event at their subco nscious level and would remember it for a very long time. Importance of site selection and venue inspection is an important part of any event planning process. Importance has not been given only to the aesthetics or physical appeal of the venue but the facilities combined with relaxation have been considered. The venue is rich in character and meets the specific business or personal needs. The location of the event has been chosen as the clients want the dinner and accommodation to be at the same location. Australia’s largest hotel, Four Points by Sheraton is ideally located and has 650 rooms and 45 suites. Thirty suites and seventy rooms will be provided.