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McDonald's Case Study

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McDonald's Case Study
Introduction
McDonald's Corporation is considered to be the largest fast-food operator in the entire World and was initially formed in 1955 after Ray Kroc had pitched the idea of opening up numerous restaurants founded on the original which was owned by Mac and Dick Mac McDonald. McDonald's in 1965 decided to go public and then introduced its flagship product, which was the Big Mac, sometime in 1968 (Botterill, 2007). Today, McDonald's functions beyond 40,000 restaurants in over 200 nations and have one of the world's most extensively recognized brand names. McDonald's sales started hitting around the mark of $58 billion corporation -wide and over $30 billion in the United States alone in 2012 (S&P).
Historical Background
'I love it' was the famous tagline which was recognized to every part of the marketplace, let it be elderly people, kids, or even youngsters. McDonalds has turned out to be a global success not to mention foodservice business, which activated its actions in the 1940's. The idea of McDonalds was presented by brother Dick and Maurice McDonald, by getting a 'hamburger stall' opened in San Bernardino, California (Thomadsen, 2007). They presented an indication of marketing their food inexpensive than opponents by saving on the car hops and persuasion clienteles in its place to go to a counter in order for them to start ordering their food. This idea assisted in faster reversal of the clienteles. This innovation was really proven to

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