Mcdonald's Core Competencies Are

question 7

Multiple Choice

Mcdonald's core competencies are

• A)materials management
• B)developing and marketing brand name products
• C)information systems and logistics
• D)developing and managing customer loyalty programs
• E)managing fast-food operations

Differentiate between formal and informal groups and their impacts on organizational performance.

Explain the concept of social loafing and its opposite, social facilitation, in team dynamics.

Recognize the potential drawbacks of self-managing teams and strategies to mitigate these issues.

Understand the structural and personal factors that contribute to organizational conflict.

---

Definitions:

Net Loss

Occurs when a company's total expenses exceed its total revenues during a specific period, indicating negative profitability.

Revenue Accounts

Accounts that track the income earned from the sale of products or services.

Capital

Capital refers to the financial resources that businesses use to fund their operations and grow, including equity, debt, and retained earnings.

Assets

Resources owned by a company that have economic value and are expected to provide future benefits.