Please compare and contrast the benefits and challenges of Macdonalds working in several different economic environment

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Please compare and contrast the benefits and challenges of Macdonalds working in several different economic environment.

Explain how Nike reacts when operating in USA, CHINA, and Russia

use the key words below to explain the benefits and challenges.

The economic environments should be identified. There needs to be a comprehensive assessment of the benefits and challenges posed to the organisation.

Key words that must be used:

Benefits and challenges of operating in different economic environments

• benefits: may include the ability to complete effective market analysis; adapt to cyclical changes; expand business operations; communicate effectively (within the domestic business environment); access and purchase high quality materials and labour; benefit from economies of scale;
• challenges: may include the inability to communicate effectively with the international business environment; diseconomies of scale; the increase in regulations and international legislations; difficulty in adapting and meeting the needs of different cultures; language barriers