Okay how does this essay hold up?
Essay 2- Evaluate the response of operations management to influences in achieving a competitive advantage.
Introduction
Operations management is an area of management that is responsible for the production processes and operations within a business and focuses on resource allocation to satisfy customer’s needs. Competitive advantage is where a business uses a strategy to gain an ‘edge’ over its competitors. Technology and corporate social responsibility are two influences that McDonalds has effectively responded to , leading it to achieve a competitive advantage.
McDonalds is the world’s leading food service organisation with its operations management being responsible for the practical delivery of McDonald’s good or service.
Corporate Social Responsibility
Corporate social responsibility is where a business goes beyond their compliance costs to become an ethical and environmental business. Corporate social responsibility can affect a business’s ability in achieving a competitive advantage as corporate social responsibility can increase or decrease a business’s market share or profits. It can also lead to a short-term increase in costs and a long-term increase in cost-effectiveness for a business.
McDonalds has been effective in responding to corporate social responsibility resulting in a competitive advantage as when Russia invaded Ukraine, McDonalds ceased all operations in Russia and sold 800 of their stores from there, which was a show of support to Ukraine. Hence this is effective as they were able to respond to the situation of Russia invading Ukraine without compromising their corporate social responsibility and instead benefitted from it as they showed support to Ukraine. This show of support can lead to an increase in McDonald’s reputation amongst consumers which would result in n an increase in sales as consumers see McDonalds as a socially responsible business; thus feel inclined to reward its social responsibility by buying products from them leading to McDonalds increasing their ability to achieve a competitive advantage. Therefore McDonalds has effectively responded to corporate social responsibility by not comprising on it and using it to increase their sales, hence increasing their ability to achieve a competitive advantage.
Technology
Technology is the design, manufacturing and application of innovative devices and methods of machinery to use in operations processes. Technology can be a high initial cost for a business and its operations management, when it comes to using and developing technology however it can significantly improve quality and productivity.
McDonalds’ operations management responds to technology in an effective manner as they use automated dispensers and use delivery companies such as Uber Eats to deliver food to their consumers. This is an effective response as McDonalds utilises technology in their operations management to increase efficiency in the delivery of their goods and service. Hence would allow them to sell more of their products in a shorter period of time leading to increased profits which results in McDonalds achieving a competitive advantage. Therefore McDonalds has effectively responded to technology by utilizing it in their operations management leading to efficient delivery of their products which results in an increase of sales and achieving a competitive advantage.
Conclusion
In conclusion, McDonalds has effectively responded to operations influences as it was able to take full advantage of their corporate social responsibility and technology to increase their sales, reputation, and efficiency in delivering their products; thus, results in McDonalds getting a competitive advantage.
Essay 2- Evaluate the response of operations management to influences in achieving a competitive advantage.
Introduction
Operations management is an area of management that is responsible for the production processes and operations within a business and focuses on resource allocation to satisfy customer’s needs. Competitive advantage is where a business uses a strategy to gain an ‘edge’ over its competitors. Technology and corporate social responsibility are two influences that McDonalds has effectively responded to , leading it to achieve a competitive advantage.
McDonalds is the world’s leading food service organisation with its operations management being responsible for the practical delivery of McDonald’s good or service.
Corporate Social Responsibility
Corporate social responsibility is where a business goes beyond their compliance costs to become an ethical and environmental business. Corporate social responsibility can affect a business’s ability in achieving a competitive advantage as corporate social responsibility can increase or decrease a business’s market share or profits. It can also lead to a short-term increase in costs and a long-term increase in cost-effectiveness for a business.
McDonalds has been effective in responding to corporate social responsibility resulting in a competitive advantage as when Russia invaded Ukraine, McDonalds ceased all operations in Russia and sold 800 of their stores from there, which was a show of support to Ukraine. Hence this is effective as they were able to respond to the situation of Russia invading Ukraine without compromising their corporate social responsibility and instead benefitted from it as they showed support to Ukraine. This show of support can lead to an increase in McDonald’s reputation amongst consumers which would result in n an increase in sales as consumers see McDonalds as a socially responsible business; thus feel inclined to reward its social responsibility by buying products from them leading to McDonalds increasing their ability to achieve a competitive advantage. Therefore McDonalds has effectively responded to corporate social responsibility by not comprising on it and using it to increase their sales, hence increasing their ability to achieve a competitive advantage.
Technology
Technology is the design, manufacturing and application of innovative devices and methods of machinery to use in operations processes. Technology can be a high initial cost for a business and its operations management, when it comes to using and developing technology however it can significantly improve quality and productivity.
McDonalds’ operations management responds to technology in an effective manner as they use automated dispensers and use delivery companies such as Uber Eats to deliver food to their consumers. This is an effective response as McDonalds utilises technology in their operations management to increase efficiency in the delivery of their goods and service. Hence would allow them to sell more of their products in a shorter period of time leading to increased profits which results in McDonalds achieving a competitive advantage. Therefore McDonalds has effectively responded to technology by utilizing it in their operations management leading to efficient delivery of their products which results in an increase of sales and achieving a competitive advantage.
Conclusion
In conclusion, McDonalds has effectively responded to operations influences as it was able to take full advantage of their corporate social responsibility and technology to increase their sales, reputation, and efficiency in delivering their products; thus, results in McDonalds getting a competitive advantage.