Introduction McDonald Corporation is the world’s largest chain of hamburger fast food restaurant. There are over 30‚000 McDonald’s restaurants in more than 100 countries and served an average of 50 million customer daily. A McDonald restaurant is operated by either a franchisee or by the corporation itself. The very first McDonald was open in Singapore in 1979 and today there are over 120 McDonald restaurants across the island which served 1.2 million customers weekly. McDonald employs around 9
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SWOT analysis of McDonalds This is a McDonalds Corporation SWOT analysis for 2013. For more information on how to do SWOT analysis please refer to our article. Company background Name Industries served Geographic areas served Headquarters Current CEO Revenue Profit Employees Main Competitors McDonald’s Corporation Restaurants‚ Food Worldwide U.S. Don Thompson $ 27.56 billion (2012) $ 5.46 billion (2012) 1‚800‚000 Burger King Worldwide‚Inc.‚ Yum! Brand Inc.‚ Subway‚ Wendy’s
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in 119 countries. Headquartered in the United States‚ the company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald; in 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth. A McDonald’s restaurant is operated by either a franchisee‚ an affiliate‚ or the corporation
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I. Main Idea: Wendy ’s started from scratch in the large town in Ohio and now has over 6000 different locations. A. Wendy ’s first restaurant opened on November 15 1969 in Columbus Ohio. 1. 1 year later the second Wendy ’s Old Fashioned Hamburgers was opened on the other side of town. 2. The second Wendy ’s also displayed their first ever drive up window. B. In 1976 Wendy ’s had its first public stock with 1 million common shares for 28 dollars a share. 1. Wendy ’s spread to Canada in late
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company costs‚ the customer demand‚ the competition‚ and lastly the government policies. As for the company goals‚ McDonald’s have determined which goals that they want to achieve which are to gain a satisfactory Return on Investment (ROI)‚ to maintain market share and to meet a specified profit goal by putting priority for each goals. The McDonald’s pricing strategies also been influenced by the company cost. Before setting up the price‚ McDonald’s considered all the relevant costs of manufacturing‚ marketing
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Global Expansion of McDonalds Many American corporations have attempted to expand their business globally. Some of these corporations have succeeded‚ but some have also failed because they have encountered different cultural barriers and differences that made it hard for these corporations to succeed. One of those multinational corporations that have encountered a few cultural barriers as they began global expansion was none other than McDonald’s. Though McDonald’s has encountered
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something for all age groups‚ and everyone. McDonalds recognises customers are not all the same. • A parent with two children visits McDonald’s to give the parent a treat. • The children want to visit as it’s a fun place to eat. • A business customer visits McDonald’s during the working day‚ as the service is quick‚ the food tastes good‚ and it can be eaten in the car‚ without affecting a busy work schedule. • Teenagers visit McDonalds‚ the pound saver menu is affordable‚ and most
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References: 1. McDonald ’s Corporation: Managing a Sustainable Supply Chain‚ Case pack‚ Harvard Business School 2. Supply+Chain+Management+A+Logistics+Perspective+9e 3. McDonald’s online report (http://www.mcdonalds.co.uk/ukhome/Ourworld/Environment.html) 4. McDonald’s Corporate
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CHILD CARE LICENSING IN ONTARIO Orientation Package for Prospective Child Care Operators June 2008 TABLE OF CONTENTS Introduction Child Care in Ontario Child Care Licensing in Ontario Role of the Operator The Director under the Day Nurseries Act Role of Program Advisors The Application Process Planning and Design Guidelines for Child Care Centres Obtaining a Licence Health Canada – Product Safety Program Duration of Licensing Process Types of Licences Child Care Licensing Website
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Question 1 The location of Mc Donald’s‚ on the corner of Wangfujin street and the Avenue of Eternal Peace‚ is a very good strategic choice. It’s close to the heart of Beijing and Tiananmen Square‚ which is historically a very famous place and is still today a very active place. A lot of people cross this area every day and the fast-food concept match to the demand. Question 2 Mc Donald’s encountered the imperfect rules of Guanxi. Guanxi is one of the powerful forces values in Chinese culture
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