SU Innovative Global Changes in KFC Starbucks & McDonalds Paper
Description
How Big Global Businesses Compare
Continue to research the three major international competitors you selected in the Week 3 activity to complete the following.
Instructions
- As a strategic global manager (CEO), write a 4–5 page paper in which you:Compare the three models of culture.
- Select one of the researched international competitors and ascertain the most appropriate cultural model for that competitor.
- Social institutions also form part of the national context.
- Some examples of social institutions are religion, education, and the economic system but in essence social institutions provide us with the norms, values, and role expectations that the people making up society have devised.
- The three key social institutions that are most likely to influence the business environment are the economic system, industrialization, and types of religion.
- The educational system and the level of social inequality also need to be considered as they are both linked to the business environment.
- Social institutions also form part of the national context.
- Provide a rationale for your response.
- Select one of the researched international competitors and ascertain the most appropriate cultural model for that competitor.
- Identify the type of economic system that best aligns to each of the international competitors you researched.
- Include three potential effects of each economic system on the society in which the system operates.
- Provide a rationale for your response.
- Recommend three actions that the three competitors you have researched could take to encourage economic progress in the countries they operate that have lagged behind other countries in economic development.
- Provide a rationale for your response.
- Recommend two innovative global changes in expansion, technology, marketing, products, services, human resources, customer service, or another appropriate area, that you would make as a strategic leader of one of your chosen international competitors.
- Provide a rationale for your response.
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