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Essay text:
Traditionally selling various varieties of burgers served with French fries and carbonated soft drinks, McDonald’s offerings now include healthier options such as salads and mineral water. With the recent introduction of “McCafe” they have entered the gourmet coffee market.
Analyse McDonalds using a well known model to assess the competitive position that it occupies within its industry
Laudon & Laudon (2006) claim that the most widely used model for understanding competitive advantage is a model known as “Porter’s Competitive Forces Model”. To assess competitive position using this model we must consider traditional competitors, the possibility of new market entrants, availability of substitute suppliers, similar products available in the market and the customers of an organisation...
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