logo image

Human resource management of McDonald Essay

McDonald’s Corporation employs 1. 8 billion people worldwide and they have one of the best HER practices 3. McDonald sells almost 75 hamburgers every second which attracts any HARM student to study their HER practices from investing in properties, as a franchiser of a restaurant and as an operator of restaurants.

Almost 80% of the company restaurants are operated by franchisees, which are bound to pay 4% of their revenue to McDonald, as well as the rent. In most of the cases, McDonald owns both the building and land which results in a stable flow of income making the franchisees bear most part of the risks. The remaining 15% of restaurants are owned and directly operated by McDonald. Considering the business model of other fast-food chains the business model of McDonald is different.

Other than franchisee fee and the marketing fees that are calculated as sales, McDonald do sometimes collect rents that are also considered as sales. Other Han revenues generated from the franchise agreement, McDonald may also own or they can lease the property where McDonald’s franchises are located. According to the policy of McDonald, the business does not involve itself in making any direct sale of food or any other

Need essay sample on "Human resource management of McDonald"? We will write a custom essay sample specifically for you for only $ 13.90/page

material to its franchisees but it organizes the food and materials required for the franchises through an approved third approved logistic operators.

McDonald’s is also involved in identifying the locations, developing new products and quality. Human resource management is an approach by which company’s most valued assets (people) are managed. For any company to achieve success its human resource has to individually and collectively contribute and this can only be achieved through proper management. Proper management of company human resource not only help the company to achieve its objective, but they achieve it with greater efficiency.

Human Resource Management helps the organization to achieve its desired goals and success by the help of its people. Human Resource Management, therefore, is utilized in the creation of decision on the plans of the organization. These plans are linked with employee relationships, recruitment, training and development, performance management and rewards for employees. Therefore, human resource strategies developed are to be in line with organization business plan to help the business to be successful.

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy