Explain which growth strategy mcdonald is adopting and why

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Reference no: EM132271014

1. Assume that the number of units sold of a product is given by 100 − 0.5?? + 26√??, where ?? is the price (in pounds) charged for the product and A is the amount spent on advertising (in thousand of pounds). Each unit of the product costs £5 to produce. Use a data table to find the combination of price and advertising that maximizes profit. Please explain each and every step!! and also why you are multiplying or dividing advertising cost by 1000 (because some people are divide and some are multiplying).

2. McDonal continually seeks expansion into the overseas market with their same products. Identify and explain which growth strategy McDonald is adopting and why?

Reference no: EM132271014

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