The Four Functions of Management Essay -- Business Management McDonald

The Four Functions of Management One would be amazed to hear that 48 million customers be served everyday in 119 countries at a McDonald?s and as of 2004 there were 31,561 system-wide restaurants (2005 fact sheet). Being enrolled in a direction course, one automatically begins to think about how many managers there essential be in place to manage all those locations. Though McDonald?s is a franchise and all restaurants are individually owned, the four functions of solicitude are still important factors which enable the operation of a transshipment center to be successful. In this paper we will discuss how globalization, technology, and diversity contact the four functions of management which are planning, organizing, leading, and controlling (Bateman et al, 2004). world-wideizationGlobalization is a process of interaction and integration among the people, companies, and governments of different nations. It is a process set by foreign trade and investment and aided by int ernational technology. This process has its effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world (Center for Strategic International Studies, 2002).McDonald?s Corporation is a leading food service retailer and worldwide, McDonald?s owns a oversize segment of the restaurant business. McDonald?s manages its system by geographical segments. The largest in terms of both revenue and restaurants is McDonald?s USA. In the United States (U.S.), McDonald?s has over 12,300 traditional restaurants, plus approximately 1320 satellite locations in facilities equivalent hospitals. They serve more than 21.8 million customers a day. Approximately 85.5 percent of the restaurants are operated, under franchise agreements, by local independent business people, Owners/Operators (www.mcdonalds.com, Flakes, B. personalized communication). Within the controlling function of management, McDonald ?s introduced the restaurant Improvement trading operations Process (RIOP) in 2002 to evaluate the how effectively the restaurants are meeting persona standards. McDonald?s also established a global program that ensures abidance with the guiding principles of the company. below the procedures of McDonald?s, each company that does not pass an scrutinize will be given 30 days to remedy that problem.Under the planning, leading, and organiz... ... the new competitive landscape. 6th ed. New York McGraw Hill.Beaudan, E. (2001, January/February). The failure of strategy. Ivey Business Journal, 65(3), 64-68.CSIS Global Connections (2002). Center for Strategic International Studies. What is globalization? Retrieved August 8, 2005 from http//www.globalization101.org/Diversity inaugural Highlights. (2004) Retrieved Aug. 09, 2005 fromwww.mcdonalds.com/corp/values/diversity/diversity_facts.htmlDriver, A.D. (2004, July). The Metropolitan Corporate Counsel. McDonald?s throne ? serving loc al communities at home and abroad. Vol 12(7).Gallagher, S. (2003, July). McDonald?s Technology Trials, Retrieved July 31, 2005, from http//www.baselinemag.com/article2/0,1540,1173920,00.aspMcDonalds Corporation. (2002). virtually McDonalds. Retrieved August 9, 2005, from McDonalds Corporation nett site http//www.mcdonalds.comMcDonalds Corporation. 2005 fact sheet. Retrieved Aug. 09, 2005, from McDonalds Corporation Web site http//mcd.mobular.net/mcd/90/8/10/Nation?s Restaurant News, Diversity at McDonald?s a way of life. April 11, 2005 v39 il5. Pg. S92(3).PR Newswire Association, Inc., whitethorn 24, 2004.