Subject category:
Strategy and General Management
Published by:
Ivey Publishing
Version: 2024-09-12
Length: 11 pages
Data source: Published sources
Share a link:
https://casecent.re/p/201803
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
In December 2023, McDonald's Corporation (McDonald's) announced an ambitious growth plan that involved reaching 50,000 restaurants by 2027. In order to reach this unit count goal, McDonald's planned to open approximately 7,000 new restaurants in China. The Chinese fast-food market was one of the world's largest and was expected to grow in 2024 and beyond. Yet, it was littered with strong competition from both large US chains and local competitors. To further complicate matters, there were rising geopolitical tensions between China and Taiwan. Should McDonald's chief executive officer Chris Kempczinski have expanded the company's operations in China? If so, where should McDonald's have opened its new restaurants?
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.About
Abstract
In December 2023, McDonald's Corporation (McDonald's) announced an ambitious growth plan that involved reaching 50,000 restaurants by 2027. In order to reach this unit count goal, McDonald's planned to open approximately 7,000 new restaurants in China. The Chinese fast-food market was one of the world's largest and was expected to grow in 2024 and beyond. Yet, it was littered with strong competition from both large US chains and local competitors. To further complicate matters, there were rising geopolitical tensions between China and Taiwan. Should McDonald's chief executive officer Chris Kempczinski have expanded the company's operations in China? If so, where should McDonald's have opened its new restaurants?