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Entrepreneurship
C/B/3237. Innovation and entrepreneurship at McDonalds
- WORDS:
- 3550
- DATE:
- 2010
- PRICE:
- 39.99 GBP
This paper examines entrepreneurship and innovation using McDonalds as a case study. The paper presents a detailed background to the company, which is followed by an examination of their innovation strategy. The creative process is broken down and discussed in reference to preparation, investigation, transformation, incubation, verification, and implementation. The paper then goes onto discuss product planning, the development process, organizational culture, and competitive advantage. The paper then suggests ways organizational creativity and the creative process can be enhanced. Conclusions are made regarding the success of McDonalds.
KEYWORDS: Entrepreneurship, innovation, McDonalds, innovation strategy, creative process, preparation, investigation, transformation, incubation, verification, implementation, product planning, development process, organizational culture, competitive advantage, organizational creativity!,
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