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How McDonald is’s improving the customer’s fast-food experience

The restaurant industry is increasingly competitive and constantly changing. It is one in which businesses must compete with creativity to retain their customers and attract new ones. Service and the quality of the cuisine remain central. However, the customer experience has become one of the keys to a restaurant’s success, whether it is a traditional one or a fast-food chain. In the fast-food sector, focusing on the customer experience has become the source of innovative experiential concepts that combine both in-restaurant and online offerings. The hamburger chain McDonald’s is a great example. It is creating a memorable customer experience by complementing digital and human experiences with more fluidity, simplicity, and speed to reinforce the consumers’ attachment to the brand. Therefore, it is interesting to explore the story behind McDonald’s success, as well as the challenges it is facing and how it is adapting to the needs of today’s consumers.

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A Mexican firm employs unskilled, semiskilled, and skilled labor in a cost-minimizing mix at its manufacturing plant. The marginal product of unskilled labor is considerably lower than semiskilled and skilled labor, but the equilibrium wage for unskilled labor is only 300 pesos per day. The government passes a law that mandates a minimum wage of 400 pesos per day. Equilibrium wages for semiskilled and skilled labor exceed this minimum wage and therefore are not affected by the new law. The firm will most likely respond to the imposition of the minimum wage law by:

A. employing more unskilled workers at its plant. B. employing fewer unskilled workers at its plant. C. keeping the mix of unskilled, semiskilled, and skilled workers the same.

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Prepare your own five-year career development plan about ‘What do you intend to do professionally in the next 5 years (1st year, 2nd year, 3rd year, 4th & 5th year)’? Your plan must be presented in time-line format (This can be done using MS Project and multiple other software). Your plan will also be assessed on the basis of how creative your timeline is. Simple timelines (a simple table of one made using word) will be marked down. Be very specific with your timeline, provide dates for when you will achieve different things mentioned in your timeline. For instance, if you mention in your timeline, you will attempt an test provide a DATE of when you will attempt that test. Also include the COSTS associated with completing different activities. Your career plan must address and consider the following items:

  1. What are your career objectives? What position, field or industry do you want to work in/for? (To be answered in introductory paragraph – Max 1 page)
    • Which province in Canada and why? (This needs to be supported with job market analysis such as employment options, field attractiveness- current job openings within your field, income potential/salary rates across different provinces– I want to see a lot of statistics in here – Don’t make this section descriptive – use graphs, pie-charts, salary benchmarking tables from federal and provincial reliable sources)
      2. If you in intend to work for an organization, what are the possible promotional opportunities for career growth and what senior level position do you wish to obtain? How long will it take for you to obtain your next promotion within your field? What certificate will be needed for promotion? how many years of experience will be required for the promotion? (Again, maximum one page in writing and also included these promotions in your timeline)

More information: Curently Im persuing MBA from University Canada West, Vancouver. and my current timeline is IST.

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Boulder’s utility company, Xcel Energy, decided that it was time to create a roadmap for a 3-year, $100 million “smart-grid” electrical system that would span the entire city. There were no standards, bench- marks, or tested procedures for converting a city from a conventional electric-grid system to a fully integrated smart one, though it was known that if customers can monitor the true cost of their energy,

they will automatically reduce their usage, by up to 30 percent in some cases. Of course, the smart grid would also allow Xcel to reroute power around bot- tlenecked lines, detect power outages, identify ser- vice risks, cut its use of road crews, read customer meters remotely, reduce outages, and identify false alarms more quickly.

Xcel brought in a mass of partners on the project, such as Accenture consulting for engineering, energy industry consultants, leading technologists, business leaders, IT experts, and of course, Boulder city man- agers, leaders, and user-citizens. The public and pri- vate partners were divided into eight teams, all led by a senior project manager working with a Project Man- agement Office. With all these different stakeholders, with different objectives and interests, it was crucial to have steady, reliable communication to keep every- one up to date and the project on track. Security and privacy were high-priority items on the project, and communication with the community was facili- tated through town-hall meetings, the local media,tours of project sites, and even a touring trailer allowing citizens to get a hands-on demonstration of the smart-grid technology. With the completion of the project, Xcel is now measuring its many benefits and expects it will take a year to collect and analyze all the data across all the seasons. The project partners have also created an industry consortium to establish industry standards for future, larger smart-grid projects. They now see Boulder as a living laboratory from which they can continue to learn and thereby success- fully deploy smart grids across the entire country.

Use the case to answer the question below.

Is the $100 million “smart-grid” electrical system a project, if so what characteristics are identified in the case?

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