blog




  • Essay / Examples of Global Business Challenges – 2033

    The uprising of social media sites such as Facebook, Instagram, Twitter, etc. allowed a complaint from an individual to reach the rest of the community within seconds. What were once formal complaints have now become a business challenge where a business can lose all customers and interest due to online protests. It's obvious that fast food franchises are most affected by this type of social pressure, as many of their menu options are considered unhealthy. From the fat content to the high sugar levels in their soft drinks, many of these franchises are seeing notable successes. However, due to their global presence and popularity, franchises such as McDonald's and KFC remain in business regardless of the social pressures placed on them. But if you were your local bakery, things could evolve to the point where no one will come to buy your products anymore because of social constraints.