I chose McDonalds as an organization, so I will summarize the report here. By applying resource-based strategic views, we explain McDonald 's competitive advantage compared to other organizations. This report will focus on McDonald's resources and capabilities and how to use these resources to gain competitive advantage from competitors. INTRODUCTION McDonald's McDonald's is a world famous fast food chain consisting of 34,000 local restaurants.
McDonald's resources and abilities: There is no doubt that McDonald's has become a high position in the fast food industry, and facts have been confirmed. The resources and functions of a particular company are regarded as a fundamental view of a strategically or scaled company. The company's focus on internal resources and functions is more effective. Resources are corporate assets and are tangible or intangible assets generated in the external environment. Tangible resources make it easy to identify and evaluate company financial and physical assets. In any case, the main purpose of resource analysis is to make us understand the possibility of competitive advantage, not corporate asset. Intangible resources and financial statements are more valuable than tangible resources that are not yet visible
McDonald's resources are useful assets that help companies create competitive cost or differentiation benefits that competitors can not afford easily but use McDonald's resources efficiently and efficiently for their functions Ability is necessary. Examples of McDonald 's resources include corporate brand images such as brand image, brand reputation, brand equity. Other resources include strong technical knowledge, installed customer base, and patents and trademarks. One example of McDonald 's ability is to provide products to the Indian market earlier than competitors that will help the company to enjoy its primary advantage. McDonald 's resources and functions form unique capabilities that promote innovation, efficiency, quality, and customer responsiveness.
McDonald's India will use resources and capabilities to position the brand and ultimately develop into a cost and differentiation strategy. It is designed to provide the benefits of products at a lower cost than competing brands. This shows that McDonald's India has established its position in the fast food industry through its low cost and differentiation strategies. Differentiation strategies should provide the advantages of products superior to competing products, but cost strategies need to provide products that will benefit at low cost. It is designed to achieve a competitive advantage and help McDonald's provide superior value to its customers and to provide excellent return to the company. McDonald's India analysis