Strategies for McDonalds Free Essay Example, 2250 words

Stake holders contribute in most of the decisions that are made by the management of a particular organisation, thus determining issues that are rated as acceptable in the strategic management. According to Piercy (2009), beliefs and assumptions that are part of organisational culture also have a major impact on strategic analysis. Thus, it has often been argued that different managers in the same or different organisation are likely to come up with different strategies for their organisation when faced by a similar environment and resource aspects. Additionally, the direction and implication that emanate from current objectives should also play a role in determining the future strategic management plan for the organisation (Zajac et al. , 2000). Brian (2004) argues that strategic analysis act as the basis for strategic choice through the generation, evaluation and selection of strategic options. Firstly, the generation of strategic options comprises of having numerous positive a ctions that could assist in coming up with a strategic choice. At times, an organisation is faced with the decision of widening its market or increasing its chain of branches to become multinational. We will write a custom essay sample on Strategies for McDonalds or any topic specifically for you Only $17.96 $11.86/page Similarly, the feasibility study should ensure that it favours the interest of most stakeholders. Finally, the organisation should allocate time for selecting the best options to be pursued by the organisation.