Pemmaraju From: Waqas Sher Zaman Subject: McDonald ’s Corporation Date: 23/03/2014 MCDONALD ’S CORPORATION: McDonald ’s Corporation is the world ’s largest chain of hamburger fast food restaurants which serves approximately 68 million customers on daily around 119 different countries and haves 30‚000 restaurants worldwide. McDonald ’s headquarter is in Oak Brook‚ Illinois‚ USA and company was started as a barbecue restaurant in 1940 by Richard and Maurice McDonald. In 1948‚ owners of the company reorganized
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McDonald & Wendys financial Statement Comparation Financial Statement Analysis Project The two companies that I will be comparing in this project are McDonalds and Wendys. Both of these companies are competitors in the same industry. I am using the information from their 2005 Financial Statements. Debt-to-Assets Ratio When comparing the debt-to-assets ratio of McDonalds and Wendys‚ you have to divide the firms total liabilities by their total assets. Essentially‚ the debt-to-assets
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Ronald McDonald House Charities Vision The Ronald McDonald House Charities are becoming just as recognizable as the Golden Arches of McDonalds. Over the past thirty-five years‚ this organization has changed the vision of what healthcare really means. They believe strongly that if you are able to change a child’s life – “you not only change the child but also you change the family’s‚ which can change a community‚ and ultimately change the world.” Ronald McDonald House Charities is located in
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applied into real business in McDonald’s. We will through the problems mainly analysis supply chain in McDonald’s and its significance in real life and also will explain the successful reason of McDonald’s how to use supply chain in their business. McDonalds are a multinational firm and their subsidiary company throughout all over the world‚ so McDonald’s should have a perfect supply chain. McDonald’s Background McDonald’s is one of only a handful of brands that
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business began as a barbecue restaurant in year 1940 by Richard and Maurice McDonald. Further in year 1948‚ the business has changed to a hamburger stand. McDonald’s was founded by Ray Kroc‚ who actually founded the business and opened the 1st McDonald’s Corporation as a franchise agent in year 1955. Ray Kroc foresees the large potential business worldwide growth so he had subsequently purchased the chain restaurant from McDonald brothers. McDonald’s Corporation focuses on hamburger as their main product
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Client: McDonalds Consultant: Jeremy Nowell Background & history: McDonalds has been a leading fast-food chain in the restaurant industry since 1955. Not only have they created some of America’s favorite pastime foods‚ but also they’ve been a leading force in creating global change with innovative additions such as drive-thru restaurants‚ college credits from their Hamburger University to chicken McNuggets and more! In 1954‚ after learning that the brothers‚ RIchard and Maurice McDonald were utilizing
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interest in the success of a business. A stakeholder can affect the businesses processes and outcomes. -MCDONALD’S STAKEHOLDERS- CUSTOMERS One of the main stakeholders for McDonalds is the customers. They have a stake in the business‚ because they buy food and bring in the revenue. If people chose to buy food elsewhere and McDonalds would have no customers and would fail as a business. Their interest as a stakeholder is the quality of the service and food. Customers are affected by large organisation
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the 90th-largest economy in the world and the $8.7 billion in revenue from franchise store alone‚ makes McDonald richer than Mongolia (SEC‚ 2012). McDonald employs 1.8 millions people worldwide. It is actually the biggest employer of USA (McDonald’s statistics). The report will be divided in four main parts. First of all‚ the author will defined and analysed the different approaches that McDonald used for the next 3 topic areas of IHRM‚ which are: the Recruitment‚ the training and career planning
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strategies and human resource activities of McDonalds restaurant ltd‚ the organization where I am working. The objective of this assignment is to relating the models of HR strategies with McDonalds and summarising HR activities like performance management‚ motivation and rewards and HR planning. For the purpose of HRM strategies I am applying the best practise and best-fit model with McDonalds. Furthermore‚ it explains the human resource activities of McDonalds restaurant ltd and ending with an appropriate
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groups. Today the country is comprised of more than 80 ethnic groups and as many languages. (Central Intelligence Agency‚ 2006) This diversity and a major boost in tourism are appealing factors to a business with multicultural capabilities such as McDonalds. Ethiopia is almost twice the size of Texas and has an estimated population of 74 million. Addis Abab has a population of about 3 million and is the most diverse city in Ethiopia. The Amhara and the Oromo with over 65% constitute the majority of
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