Friday, April 17, 2020

McDonalds Enters the Chinese Market free essay sample

An exploration of the economic impact of McDonalds entering the Chinese market. McDonalds is the largest food service retailer in the world with more than 30,000 restaurants in 121 countries. This paper explores the economic impact of McDonalds entering the Chinese market. The two main economic impacts discussed are employment and the encouraging of greater foreign trade and investment. It also briefly describes the economic collaboration between America and China, the restaurant industry in China, and the goals that McDonalds has for the Chinese Market. Every new McDonalds Restaurant creates at least 100 new job opportunities depending on the size of the store. So by 2013 McDonalds would have created at least 100,000 more jobs for Chinas economy. In addition, McDonalds provides its employees with an opportunity to advance in the organization, McDonalds Restaurants offers comprehensive training programs to all staff levels and is committed to promoting from within. We will write a custom essay sample on McDonalds Enters the Chinese Market or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page (http://www.sjross.com/mcdonalds.html) This commitment provides workers with increased pay and training.

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