McDonalds SWOT Analysis Free Essay, Term Paper and Book Report
Case Study Report McDonalds
BACKGROUND:
Brothers Richard and Maurice McDonald founders of McDonalds Corporation grew from a single drive-in restaurant in San Bernardino, California in 1948 to the largest food service organization in the world. In 1955 Ray Kroc opened firs McDonalds in Des Plaines, Illinois and became exclusive franchising agent for the company. By 1991 McDonalds owned $13 billion of fast-food industry, operating 12,400 restaurants in 59 countries (Ezine). The company recorded revenues of $21,586 million during the fiscal year ended December 2006 and increase of 8.8% over 2005 (Yahoo Finance, 2007).
SWOT ANALYSIS:
Strengths: The greatest strengths of McDonald was introducing people to the fast food and creating an image in people minds of fast food culture. McDonalds has over 30,000 branches in 120 countries and 80% of its revenues is derives from eight countries like Canada, Brazil, Germany, France, Japan, UK, Australia and US (Ezine). The biggest strength that the case study focused on was strategy market leadership and buyer supplier relations. ......
Word Count: 1062
Page Count: 4.2 (250 words a page / double spaced)
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