The Ronald McDonald house was started in 1974 by Fred Hill. Hill played football for the Philadelphia Eagles his daughter was three years old when she was diagnosed with the leukemia. After discovering the diagnoses of the leukemia in his daughter he then turned to a friend. According to The New York Times Jim Murray a friend and the general manager for the Philadelphia Eagles. Dr. Audrey Evans the head pediatric oncologist at Children’s Hospital of Philadelphia had the idea of creating the house a living facility for children and their families.
The brothers liked the idea because Ray Kroc was traveling the country while they stayed home living the life in California. He soon open his very first franchise restaurant Des Plaines, Illinois. Later Kroc sent Disney a letter informing of his newly franchisor position. Disney replied saying that Kroc could open a McDonald’s in his theme park Disneyland. The quandary was that Disneyland would sell the french fries for 15 cents instead of 10 cents were as the 5 cents goes to Disneyland for their allowance of selling McDonald’s on the premises. Ray detested the idea because he believed the loyal customer at McDonald’s were being ripped off. A decade later McDonald decided to change the mascot from Speedee, a chef with the head of a burger to Ronald McDonald, a clown inspired by the high publicized, McDonald’s sponsored show, Bozo’s Circus. This marketing tactic proved to be successful thus, inclining Ronald McDonald’s eminence against the world known Mickey Mouse. This long awaiting triumph boosted Ray’s ambitions of opening a cowboy themed amusement dubbed the name Western World. His executes opposed the ideas stating it would use to much of the company's funds. They compromised by building playlands at
Ray skeptical of the large order due to the fact that most of restaurants he has delivered to had only needed one. When at McDonald’s he was instantaneously amazed by the Speedee Service System. Once Ray delivered the merchandise he expertly persuaded the McDonald brothers to give him the right to franchise the local business. The brothers liked the idea because Ray Kroc was traveling the country while they stayed home living the life in California. He soon opened the first McDonald's franchise Des Plaines, Illinois. Later Kroc sent Disney a letter informing of his newly franchisor position. Disney replied saying that Kroc could open a McDonald’s in his theme park Disneyland. The quandary was that Disneyland would sell the french fries for fifteen cents instead of ten cents were as
Team owner, Vincent J. Naimoli finally had succeeded in bringing major league baseball to St.Petersburg. The only problem was, the team in the early years failed to ever make a successful run for the World Series. The Devil Rays were the worst team in baseball and for years had the worst record for attendance. Naimoli, after sucking the team dry financially sold the team to Stuart Sternberg who turned the team and the franchise into a successful business model for Major League Baseball, including a 2008 World Series
At the time, the owner of their franchise was Tom hicks who owned Hicks Sports Group (HSG). Hicks was known for the founding of the private equity firm Hicks Muse Tate and Furst. He made his fortune on leveraged buyouts. Hicks also owned several other franchises such as the Dallas Stars, the Frisco Roughriders, a half of Liverpool F.C., and the Mesquite Championship Rodeo, but some were owned through different entities. In April of 2009, HSG headed toward the default on more than $500 million in loans. Later on that month, HSG was unable to make its interest payment on $525 million in syndicated bank loans. Once this was announced, lenders were bringing a forbearance to the conversation. Since 2005, the Rangers started seeing a downfall in cash flows and Hick’s hedge funds that were putting him into debt didn’t help.
Jerry jones has have been the owner of the cowboys since 1989 where he purchased the cowboys for 140 million. The past owner Harvey Roberts Bright who made a 55 million dollar profit from when he bought the cowboys in 1984 for 85 million from where he sold it years later. Soon after Jerry Jones bought the cowboys he proceeded to fire longtime coach Tom landry and then a couple months after that he fired general manager Tex Schramm.
According to the Kroger business web page, in 1883 Barney Kroger invested his life savings of $372 to open a grocery store at 66 Pearl in downtown Cincinnati. The son of a merchant, he ran his business with a simple motto: Be particular. Never sell anything you would not want yourself. It is a motto that has served him well for the next 120 years. Today, Kroger has grown to 2500 stores with $70 billion revenues, 40 food processing plants ranging from bread, milk, soda pop, ice cream and peanut butter. Kroger operates under two dozen banners, has acquired warehouses, trucking companies, and has over 14,400 private-label items (The Kroger Co., 2012).
Fast Food Nation begins by discussing Carl Karcher, one of the fast food pioneers. He was born in 1917 in Ohio, where he worked on a farm. Later in life, Carl bought a hotdog cart which later turned into a drive-in Barbeque restaurant. The post world war II economy provided him with many customers. When he compared McDonald’s with Walt Disney, Schlosser pictured Ray Kroc as a perceptive businessman only concerned in expanding his business.
Ernst Krenek first identifies music as a separate, young art. He compares music to both artistic skills and written texts, citing the newness of both age and tradition. Krenek is definitely well aware of his general audience. By assuming that the reader will not have a musical knowledge basis, he directly takes himself out of a musical context in order to make the history more understandable. While this is affective, it also causes the reader (being me) to question what evidence I can find in Ockeghem’s music to support Krenek’s assertions. Krenek identifies that many composers are solely responsible for creating ‘something new’ that allows contemporary composers to make more pathways. Although he does not specifically state this, the implication
McDonald’s began as a barbeque, and the brothers strictly offered burgers, fries, and pop. Ray Kroc heard about McDonald’s one day and went to visit the restaurant. Kroc was surprised by their efficiency and the quality of the food. Kroc liked the fact that the brothers could focus on the quality of food, due to the limited menu items. Subsequently Kroc realized their success could amount to much more and shared his vision. Kroc told the McDonald brothers that McDonald’s could be a national business serving people across the country. (At this point, Kroc did not even think about being international). Dick and Mac were thrilled with what they heard, so in 1955 Kroc founded the McDonald’s Corporation and opened the first McDonald’s in Des Plaines, Illinois. By 1960 Kroc had bought exclusive rights to McDonald’s. In 1961, Kroc developed Hamburger University where new employees were trained on how to run a successful McDonald's. Kroc wanted to develop the most efficient methods to store, cook, and sell food, so he had a laboratory built at Hamburger University where students' test different ways to make McDonald's more productive. Hamburger University is still in use today in the search for ways to better McDonald’s. McDonald’s had their first sit-down restaurant in 1962, and then in 1975, McDonald’s had opened their first drive-thru restaurant in Arizona. The first drive-thru restaurant was
Six years after the McDonalds brothers met Ray Kroc, a turning point in the future of the business happened. The relationship between the parties had become a continuing source of irritation. In 1960 Ray Kroc decided to raise enough capital to try and buy out the brothers. He toke out a $2.7 million loan and paid off the McDonald brothers for their name alone. At the time of Ray Kroc's death he was reported as being worth an estimated $340 million!