McDonalds INTRODUCTION: McDonalds Corporation is the worlds leading food service organization. The federation started out as a small drive-through in 1948 by two brothers, ray and Mac McDonald. Raymond Albert Kroc, a salesman, saw a great opportunity in this market and advised woodpecker and Mac to expand their operation and open clean restaurants. In 1961 Kroc bought out the McDonald brothers. By 1967 McDonalds expanded its operations to countries outside the U.S.A. This perdurable expansion led the Corporation to open 23,000 McDonalds restaurants in nonpareil hundred ten countries in 1994, producing $3.4 bn in annual revenues.
In addition, McDonalds opens a new restaurant every three hours. Also, McDonalds has double the market dowery of its closest U.S. competitor, Burger King, representing 7% of total U.S. eating-out sales. Similarly, McDonalds serves nearly 1% of the worlds nation on any given twenty-four hours through its 23,000 restaurants internationally. forged Mac, th...If you want to get a full essay, hostelry it on our website:
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