To understand the hierarchy of this fast food company chain, you can go through the following given information. After the reorganization, the company used performance as basis for the new divisions in its organizational structure: (a) U.S., (b) International Lead Markets, (c) High Growth Markets, and (d) Foundational Markets and Corporate.
In this type of structures, functional structure, decision making is mostly centralized and made at the by top level of the hierarchy that is the CEO. Usually the communication is done by vertical way. Companies in order to remain competitive and operate efficiently and profitably, challenges and transnational activities are a necessity for them. Thus, structural characteristics are linked to the company’s strategies. Also, I will examine to see if McDonald’s meet matrix structure elements or not as a whole organization.
Each country and area has a separate set of finance and accounting managers to handle the finances of that division. It also called product structure. Matrix structure can be used in order to achieve a successful and high quality products and function respectively. Mathur, S. (2017). Chief Financial Officer (CFO) is next to brand which consists of control department.
Matrix structure can be used in order to achieve a successful and high quality products and function respectively.
This organizational structure characteristic enables McDonald’s Corporation to address the basic functions in its business. With branches spread all over the world, this fast food chain works on the basis of the very efficient staff base, senior administration and support staff. Anatomy of a paradox: Management practices, organizational structure and energy efficiency. (2012). Each group is under the leadership of a corporate executive or senior manager. The following are the main executives working at this level for the smooth management of each branch. An advantage of the hierarchy in McDonald’s corporate structure is its support for monitoring and control of global operations.
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