This is because, the McDonald brothers worked so hard to create this restaurant that was efficient and exactly what they wanted and then by being nice and letting a man into their restaurant, they had to lose ownership to that man because he played his cards right. I know, that this is the way business goes but I feel like Ray Kroc could have involved the brothers more with the company. Instead of completely taking ownership over the company, Kroc could have worked something out with the brothers because if it wasn 't for them, Kroc would have nothing to franchise. This wouldn 't be something I would discuss with the producers of the film, this is something I would discuss with Ray Kroc if I had the chance. However, if it wasn 't for Kroc 's ruthless maybe McDonald 's would have never blown up in the way that it did.
The McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries. McDonald's India opened its first restaurant in 1996. Locally owned by Hard castle Restaurants Pvt Ltd (HPRL) and Connaught Plaza Restaurants Pvt Ltd (CPRL), there are over 310 McDonald's restaurants across the country, today. For McDonald’s every customer’s smile and happiness is of utmost importance. Its mission is to be the best company for all of its employees and deliver services with superior operational system for all customers.
Ray Kroc was one of the few who’s risks associated with the franchises could be controlled and managed. The McDonald’s brothers and Ray Kroc had each used different leadership styles and techniques. Kroc presented a more autocratic leadership style whilst the latter had showed more democratic leadership styles. The McDonald brothers had not seemed to have valued anyone’s opinion on the business even though it could possibly change their outcomes. Although Ray Kroc had found a brilliant way to lead by creating a comfortable and safe atmosphere where accompanying franchises could express their own thoughts and opinions on the franchise, he had although been very visionary and strategic but he didn’t show all the key qualities of being a great leader.
The majority of restaurants are owned by independent franchisees. Ability to adapt to local tastes is one of McDonald’s strengths. Their raw materials like potatoes, meat, and bread are direct link with different producers. 4. Partnership with best brands.
McDonald’s corporation, which is a global fast food company will be the case studied in this essay. It has opened more than 200 restaurants in Hong Kong, which is a well-known fast food chain in Hong Kong. As a global fast food chain, it is inevitable that McDonald’s will encounter different conflicts of interest between shareholders and stakeholders, including philanthropy and food safety. It is vitally important for McDonald’s to cope with these problems as a global company, since a number of stakeholders and shareholders are involved in these issues. According to the official website of McDonald’s , philanthropic programs such as environmental protection, volunteer works and Ronald McDonald House Charities are launched to give back to
Mc Donald’s is one of the famous franchise fast food in the world. Mc Donald’s Fast Food Restaurant has applied Just in time system in business operation. Just in time system has helped Mc Donald’s restaurant to reduce the costs of inventory and also reduce wastages. Before used JIT method, Mc Donald’s Fast Food Restaurant, using the traditional strategy which is pre cook all the burgers and place them under the lamps to keep them hot. Now, in advance technology, it is changed from traditionally method to modern strategy which is Just in Time approach.
In 1940 Dick and Maurice (Mac) McDonald opened the first McDonald’s Bar-B-Q restaurant in San Bernardino, California, USA. Initially, the restaurant featured an extensive menu like any other traditional American restaurant. However, soon after opening, the brothers discovered that almost all their profits were coming from selling hamburgers. They also realized that their customers were finishing meals fast. Therefore, they decided to move away from the traditional restaurant concept.
General Information on McDonald McDonald is the largest chain of hamburger fast food restaurants in the world, serving more than 68 million customers daily across 35,000 outlets in 199 countries across the world. It was founded by Richard and Maurice McDonalds as a barbecue restaurant in the United States in 1940. In 1948, Richard and Maurice reorganized their business as a hamburger stand using production line principles, the beginning of the fast-food company, which it is today. In 1955, a businessman called Ray Kroc, joined the company as a franchise agent. The Company’s annual revenues of 27,5 billion US Dollars, resulting from the rent, royalties and fees paid by franchisees and sales in company-operating restaurants within a total
Ray Kroc could see past the small restaurant that the McDonald brothers owned and had a vision that it could become huge because of the new franchise idea. Whatever he did, even when he was a salesman selling milkshake mixers, he remained optimistic and after being turned down several times he continued to keep on trying to sell them. Commitment to excellence A great leader, like Ray Kroc, is committed to excellence and this is evident when we see him take a burger, from one of the McDonald’s restaurants, onto the golf course and confront the owner as to why he is putting lettuce on the burgers. He wanted his product perfect at all times. He was also obsessed with speedy service.