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McDonald's operational strategy
Corporate ethics and governance
Corporate ethics and governance
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The movie is among the rare films that provides insight to the young and upcoming entrepreneurs. It tells the story of the way McDonald’s grew from a drive-in restaurant to an international fast-food powerhouse (Auerbach, 2017). Kroc is perceived as legendary within the business of foodservice. The energy, passion and determination he has fueled the competitive spirit and has inspired many brands that exist today. Consumers today may fail to understand the significance of fast food and its historical perspective. He redefined the convenience term by expanding and invested in a business that remains outstanding. This story is told in The Founder which represents the American dreamers witnessed by an aggressive and ambitious salesman who risks everything in order to invest. By selecting hard working franchisees and learning from few smart individual along the way, he ably navigated bottlenecks that were in the way of him becoming successful. The depiction of Kroc by Keaton provides the audience with a taste of the …show more content…
(2017). Business lessons from ray kroc "the founder" -- McDonald's story. Forbes. Retrieved from https://www.forbes.com/sites/bradauerbach/2017/01/20/business-lessons-from-ray-kroc-the-founder-mcdonalds-story/#64bcbb103534.
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Often people buy a book at a bookstore after reading the first few pages to make sure that the book is interesting enough to continue reading at home. That is why Amazon has a “Click to LOOK INSIDE!” button on each book. It is the most important part of a whole book in order to catch potential readers. One would expect that both In-N-Out Burger and Fast Food Nation must have strong hooks at the beginning since they were both New York Times bestsellers. Although they both focus on the fast food industry, there is quite a contrast in the way they are written. In the prologue of In-N-Out Burger, the author Stacy Perman writes not about the hamburgers or the company, but mainly about the phenomena that the burgers caused. On the other hand, in the introduction of Fast Food Nation, the author Eric Schlosser splits it into two different parts, a story about Cheyenne Mountain Base and a quick overview of fast food industry. Throughout the prologue of In-N-Out Burger, Perman successfully gets the attention of the readers by describing the facts in detail, which makes them want to turn the pages for further reading. On the contrary, despite Schlosser’s concise and precise narrative, the introduction of Fast Food Nation does not seem to make the readers want to read more due to his unsuccessful analogy and composition of the chapter. The introduction of In-N-Out Burger definitely draws more attention of the readers than that of Fast Food Nation due to the rhetoric and composition.
In Fast Food Nation, Schlosser goes beyond the facts that left many people’s eye wide opened. Throughout the book, Schlosser discusses several different topics including food-borne disease, near global obesity, animal abuse, political corruption, worksite danger. The book explains the origin of the all issues and how they have affected the American society in a certain way. This book started out by introducing the Cheyenne Mountain Air Force Station beside the Colorado Springs, one of the fastest growing metropolitan economies in America. This part presents the whole book of facts on fast food industry. It talks about how Americans spend more money on fast food than any other personal consumption. To promote mass production and profits, industries like MacDonald, keep their labor and materials costs low. Average US worker get the lowest income paid by fast food restaurants, and these franchise chains produces about 90% of the nation’s new jobs. In the first chapter, he interviewed Carl N. Karcher, one of the fast food industry’s leade...
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Trevino, L., & Nelson, K. (2011). Managing business ethics - straight talk about how to
With the help of 68 million customers around the world, McDonald’s has become a top ten company in the world with billions of dollars coming in. The story of McDonald’s started within the minds of Richard and Maurice McDonald in San Bernardino, California on May 15, 1940. The two brothers came up with the idea of the fast food chain with the observation from their father who was an owner of his own restaurant called “The Airdome.” Later, the brothers were given the idea to add the thought of a corporation with the help of Ray Kroc, seller of the milkshake machine that has been used at McDonald’s. Ray Kroc turned a locally branch fast food restaurant into what it is today. Today, McDonald’s is a company that is highly respected because of how
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Ray Kroc wanted to build a restaurant system that was famous for its food and also ...
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Understanding the basic agreements and variable in the franchising process of a McDonald’s restaurant helps to shed light onto how the company has become such a global power in the food ser...
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