This paper describes McDonalds' entry into the Russian fast food market.
Written in 2008; 2,496 words; 7 sources; APA; $ 75.95
Paper Summary:
This paper looks at how McDonalds, the fast food company, penetrated the Russian market in January 1990, and was met with great success, contributing to the country's economic growth and development. The paper sets out the entire marketing plan including cash flow projections up until 2011.
Outline:
Business Owners and Product/Service
Mission Statement
Company Structure
Target Market
Current Opportunity
Projections of Business Future
Market Analysis
Competitive Analysis
Demographics and Target Market
Entry Barriers
Marketing Strategy
Sales Strategy
Promotion
Pricing Strategy
Web Strategy
Differentiation
Operations Plan
Financial Plan
Cash Flow Projections
Funding Resources
From the Paper:
"McDonald's was founded in 1940 in California by brothers Dick and Mac McDonald and it has expanded to numerous countries along the years, managing to become the American icon of globalization. They penetrated the Russian market in January 1990, soon after the collapse of the Soviet regime and the facility in the Pushkin Square is still the busiest McDonald's restaurant in the world (The New York Times, 2003). Not only was the corporation met with great success, it also significantly contributed to the economic growth and development. "McDonald's Russia has been named Best Employer in Russia for 2006 in recognition of its social responsibility, particularly in the area of employment." (McDonald's Website, 2007)
The corporation is both praised and criticized across the globe. McDonald's stocks are traded on the New York Stock Exchange at a price of $57.46 per share. (McDonalds Website, 2007)"
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