Mc Donald

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Title: Mc Donald

Essay Details:

Subject: Book Reports

Author: Ida C

Date: May 12, 2012

Level: University

Grade: A

Length: 10 / 2956

Essay text:

In 1961 Kroc bought out the McDonald brothers. By 1967 McDonalds expanded its operations to countries outside the U.S.A. This unyielding expansion led the Corporation to open 23,000 McDonald's restaurants in 110 countries in 1994, producing $3.4 billions in annual revenues. From the study it has been found out that, McDonald's opens a new restaurant every three hours. Also, McDonald's has twice the market share of its closest U.S. competitor, Burger King, representing 7% of total U.S. eating-out sales. Similarly, McDonald's serves about 1% of the world's population on any given day through its 23,000 restaurants internationally...

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