Find the price of a big mac at a local mcdonalds

Assignment Help Operation Management
Reference no: EM132087249

Part 1

Find the price of a Big Mac at a local McDonald's. Compare your price for a local Big Mac against the "Big Mac Index". Select a country and in 200 to 250 words try to explain why there may be a discrepancy between the Big Mac Index based on the exchange rate and the actual price of a Big Mac.

(Price of a local big make for me is $4.49 as compared to the $3.54 listed under the United States on the Big Mac Index)

Part 2

Based on your "Big Mac" post and using the first letter of your last name, identify a country that starts with that letter on the Big Mac Index. If a country is not listed with that letter, use the second letter in your last name.

In 200 to 250 words, discuss whether you should be exporting or importing Big Macs from that country. Explain your reasoning.

Reference no: EM132087249

Questions Cloud

What is marketing mix : What is marketing mix(4Ps)? Describe stages /elements and all aspects of marketing mix? Developing a integrated marketing mix? Promotional mix also discuss
Objective measures of evaluating performance : Is it appropriate for organizations to evaluate and compensate employees according to objective measures of evaluating performance,
Research the benefits of television advertising : BSBFIM501 - Manage budgets and financial plans - Research the benefits of television advertising prior to the meeting. Make notes to assist you at the meeting
Define market segmentation : Define market segmentation? Give importance and bases for segmentation of consumer market to reach target group and also Define DMU
Find the price of a big mac at a local mcdonalds : Find the price of a Big Mac at a local McDonald's. Compare your price for a local Big Mac against the "Big Mac Index".
Describe three ways that leaders can influence employees : How does a leader's influence affect an organization's performance? Provide a current example from your research.
Formulate a linear programming model for problem : a. Formulate a linear programming model for this problem. b. Solve the model by using graphical analysis.
Centralized organization structure vs decentralized one : What are the advantages of a centralized organization structure vs. a decentralized one? What are the disadvantages?
What is the break-even point in units : What is the break-even point in units? How much revenue do we need to take in before breaking even?

Reviews

Write a Review

Operation Management Questions & Answers

  Research an environmental health issue

Using the Internet, research an environmental health issue that is currently being evaluated by the government or another organization

  Customers considered sucessful supply chain transaction

What is the different in what a shipper and a customers considered a sucessful supply chain transaction. How could supply chain partners measure the performance of a supply chain? Explain why each measurement suggested is relevant to at least one of ..

  Why would standardization reduce costs

Improving Total Knee Replacement at Brigham and Women’s Hospital In 2007 John Wright gathered a group of people from all of the profes-sions involved in total knee replacement at Brigham and Women’s Hospital—surgery, anesthesia, nursing, physical the..

  Writing strong thesis statement on enron scandal

What are Whole Foods’ firm-specific resources and capabilities that underpin its success? Writing a strong Thesis statement on Enron scandal and providing a plan of action to stop these scandals from happening again?

  How much will you save

The transportation rates are: $18/cwt. for shipments of 1,000-5,000 pounds, $16/cwt. for 5,000-10,000 pounds, and $14/cwt. for shipments over 10,000 pounds.

  Review the competencies required of hr management

Review the competencies required of HR management and recommend at least two additional areas in which HR managers should be competent. Provide specific examples to support your response.

  Estimating and budgeting

Estimating and budgeting are dry subjects. Learning to perform this process on real projects, however, is a valuable skill to learn more about beyond the scope.

  Considering the best solution is to lower netflix prices

Explain who you will be in contact with to ensure that your best solution is achieved, considering the best solution is to lower netflix prices.

  Blending mild cheddar cheese with extra sharp cheddar cheese

The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp cheddar cheese.

  Personal selling and sales promotion at scholfield honda

The following assignment illustrates the process a company implements in order to implement a successful sales strategy. Watch the video, “Personal Selling and Sales Promotion at Scholfield Honda.”

  Learning from the therapeutic field

According to (Horsman, J., 1998) states, learning from the therapeutic field offer reframing’s of old problems to help us to work differently in literacy.

  Market capitalism and centrally planned capitalism

Explain the difference between market capitalism, centrally planned capitalism, centrally planned socialism, and market socialism. Give an example of a country that illustrates each type of system. The seven criteria for describing a nation’s economy..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd