Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 1 out of 7 pages
Essay

Unit 1 Business Envrionment Task 5

Document preview thumbnail
Preview 1 out of 7 pages

Unit 1 Business Envrionment Task 5 Highest Grade

Content preview

Unit 1 Task 5

This article will cover the factors that can impact a business and their stakeholders in
two completely different environments. I will be focusing on McDonalds.



Political Factors – UK

The government in the UK would support the jobs being made by McDonalds as this
means that the economy can get out of a recession easier, and this is evident as we are
now in an economic growth period. Making more jobs also means that the amount of
disposable income people have is higher and can afford to spend it on other
products/services that are not seen as essentials; whilst McDonalds being a food
provider, it is now considered essential as it is a take-out food. However, when having
disposable income, people are more inclined to go out to get food and will want to pay for
this produce.

Due to the United Kingdom having such as varied amount of cultures, McDonald’s has
had to listen to what the public want and adapt their business towards this. An example
of this would be McDonald’s making their ‘McMuffin’s’ available all day long rather than
just the morning. For somewhere such as England, this would make a positive impact as
it gives McDonald’s a chance to gain a profit on top of what they would normally make.
Another example of McDonald’s offering different products would be adapting the ‘Happy
Meal’ into suiting a wider audience. They have adapted this product by adding in fruit
and toys into their original product.

By having free healthcare from the NHS means it is less likely for an employee to get ill
through work. And if they were to become ill, it will be easily treated. This means that
McDonald’s would not have to hire more staff in order to cover sick pay as most common
illnesses can be solved within a few days. Not having to hire more people would save a
branch a lot of money.

McDonalds is able to have a clean environment outdoors to work in due to having a
rubbish collection service and road sweepers in return for council tax. Comparing to
somewhere such as India, who do not have these services readily available from the
government, it shows that it makes a difference as it gives the public a good impression.
Basing a restaurant on a first impression can mean the difference between gaining a
profit or not.

Nationally, the school leaving age is 18. This has had a massive impact on McDonald’s in
the sense of who they can hire. When the school leaving age was 16, McDonald’s was
able to get away with paying 16 year olds what they were supposed to be paid (£3.30).
However, since a change in laws across schools, this means that McDonald’s has had to
hire more employees that are over 18. Despite this meaning that they would have to pay
their workers more due to them being older, it would not be as much as a 21 or over
would be paid. This is why McDonald’s are seen with mostly younger employees as it is


Chloe Cork

Document information

Study Level
Subject
Uploaded on
January 16, 2017
Number of pages
7
Written in
2015/2016
Type
Essay
Professor(s)
Unknown
Grade
Unknown
$4.90

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
chloc123
3.5
(51)
Sold
40
Followers
34
Items
75
Last sold
5 year ago

Reviews from verified buyers




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions