mc donalds business report McDonalds INTRODUCTION: McDonalds sight is the worlds hint food service organization. The corporation started out as a small drive-through in 1948 by two brothers, Dick and mack McDonald. Raymond Albert Kroc, a salesman, saw a great opportunity in this market and advised Dick and Mac to magnify their extremity and open new restaurants. In 1961 Kroc bought out the McDonald brothers. By 1967 McDonalds expand its operations to countries outside the U.S.A. This unyielding expansion led the peck to open 23,000 McDonalds restaurants in 110 countries in 1994, producing $3.
4 bn in yearly revenues. In addition, McDonalds opens a new restaurant both tercet hours. Also, McDonalds has twice the market share of its closest U.S. competitor, Burger King, representing 7% of resume U.S. eating-out sales. Similarly, McDonalds serves about 1% of the worlds population on any(prenominal) tending(p) day through its 23,000 restaurants internationally. ...If you want to get a mellow essay, order it on our website: OrderCustomPaper.com
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