Preview

Providing Value Proposition to Customers: A Case Analysis on McDonald's

Powerful Essays
Open Document
Open Document
1712 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Providing Value Proposition to Customers: A Case Analysis on McDonald's
A
Case analysis
On
MacDonald’s

Sadikchya Acharya
International American University
Kings College
Babarmahal, Kathmandu
MBA Capstone

Prof. Dr. Raj Kumar Sharma
Kings College
Babarmahal, Kathmandu
Nepal

History of McDonald’s
They have amazing story of their own organization relative with the organizational learning they have really gained insight from their history which later on made a lot of contribution for what now is MacDonald’s I would like to elaborate their story with two divisions and one of them Is early history and another after 90’s history.
Early History
When the MacDonald’s family back in 1930s around 90 years back they moved from Manchester to Hollywood where two brothers one is Richard and another is Maurice McDonalds started working .their fathers had a “Air drome” McDonalds brothers realized that the most of their selling was for hamburgers, they closed down with a careful investigation so that they can open with a new starting and in a bigger way they started with the simple menu of hamburgers, cheeseburgers, French fries, shakes and more So they renamed their restaurant to the new name with McDonalds. After some time they realized one new thing that there was the time they need a new building for their restaurant so that they could improve more and make their goals achieve. The main two goals for them were efficiency and more catching appearance. Architects were chosen for the new ambience and new improvements. So being very careful new improvements were made for the appearance and for the betterment of the McDonalds. Mid History of McDonalds
Company actual history was started from 1940 as two brothers Richard and Maurice opened up in the big phase of McDonalds as a restaurant with 20 menus. But the name was McDonald’s hamburger as hamburgers were the most famous on their restaurant. As their revenue started increasing and they almost reached to $3500000 till mid 50’s. by then Raymond Kroc shows his interest on developing franchise of

You May Also Find These Documents Helpful

  • Powerful Essays

    McDonald's is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries. McDonald’s is headquartered in the United States in Oak Brook, Illinois. The company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald. In 1948 they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth.…

    • 1437 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    b. McDonald’s was started in the 1940s as a BBQ restaurant owned and operated by Richard and Maurice McDonald’s in California, U.S.A. The McDonald’s franchise was not established until 1955, when man by the name of Ray Kroc opened the ninth McDonald’s restaurant in Des Plaines, Illinois. By 1961, McDonald’s filed trademark for the company name and “drive-thru” service. Ray Kroc eventually forced the McDonald’s brothers out of the business and successfully spread the company throughout the world. Today, McDonald’s is an international sign of globalization.…

    • 1472 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    McDonald’s is a global fast food restaurant chain which can trace it’s roots back to humble origins. Originally started in 1940 as McDonald’s Bar-B-Q by brothers Dick and Mac McDonald, the restaurant was eventually bought out by Ray Kroc, the founder of the modern McDonald’s Corporation. Kroc was originally a franchisee who became a pioneer of the fast food industry by aggressively expanding the business into all parts of the country and the globe until his death in 1984. Today there are over 34,000 McDonald’s restaurants in 119 countries. The company employs over 1.8 million people and serves approximately 69 million people each day.…

    • 658 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    History of Mcdonald

    • 6300 Words
    • 26 Pages

    McDonald’s is a company which has a colorful history and developed the culture associated with the Fast Food Chain today. In 1937, the McDonald’s brother Richard and Maurice opened the first McDonald’s restaurants in America; it was a freestanding business that offered until then an unthought-of concept. The main items they then sold were beef or pork burgers, fries and drinks. Their restaurant were set up differently to the restaurants of those times, with open kitchens the customers could see right through, and counters with many operational cash registers. Under a high degree of customer satisfactory contributed for business expansion, McDonald today has over than 30,000 restaurants over than 100 countries in the world and it has maintained the top position in the Fast Food Industry for the past 50 years.…

    • 6300 Words
    • 26 Pages
    Powerful Essays
  • Good Essays

    Ray Kroc was a multi-mixer salesman who sold the McDonald brothers milk shake mixers. When Kroc met the brothers, he found two men running a small but successful restaurant that thrived by having a limited menu. The limited menu allowed them to concentrate on quality and customer service. Kroc had the idea to take the Speedee Service concept and open restaurants nationwide. In 1955, partnering with the McDonald Brothers, Kroc founded the McDonald's Corporation and opened the first franchise in Des Plaines, Illinois. In 1961 he bought the exclusive rights to the McDonald's name for 2.7 million dollars. (http://www.mcspotlight.org)…

    • 6191 Words
    • 25 Pages
    Good Essays
  • Good Essays

    Kroc pitched his vision of creating McDonald’s restaurants all over the U.S. to the brothers. In 1955 he founded the McDonald’s Corporation, and 5 years later bought the exclusive rights to the McDonald’s name. By 1958, McDonald’s had sold its 100 millionth hamburger.…

    • 778 Words
    • 4 Pages
    Good Essays
  • Good Essays

    McDonald’s was founded in San Bernardino, CA in the year 1940 by Richard and Maurice McDonald. The two brothers sold their fast food restaurant to a milk shake salesman named Ray Kroc in the year of 1961. Kroc believed in conformity, uniformity and the ethic of mass production. Following the ethic of mass production Kroc began to use frozen beef patties and genetically-modified potatoes to ensure uniform taste.…

    • 602 Words
    • 3 Pages
    Good Essays
  • Good Essays

    McDonald’s is one the largest fastest growing fast-food restaurant in the world. McDonald’s have become a household name across the world. The fast food giant has come a long way from being just a burger stand in San Bernardino, California in 1940. The original owners were two brothers, Richard and Maurice McDonald. The hot dog stand evolved into a restaurant offering 25 items on the menu. In 1947, Richard and Maurice (going forward the “McDonald Brothers”) decided to shutdown the restaurant to renovate to improve the business. The McDonald Brothers wanted to meet the demands of their customers, young and on the move. The idea was to create a Speedee Service Systems, known today as Fast-Food. These brothers had no Idea the level of success that was to come, but they knew what they had was great. In 1953, based off the practices of White Castle, the McDonald Brothers decided to franchise their successful restaurant. Always looking for ways to improve, in 1954, the McDonald Brothers came in contact with Ray Kroc, a Multimixer milkshake machine salesman. They wanted a milkshake machine that could make more than one shake at time. Ray Kroc noticed the success of this restaurant and wanted to seize the opportunity to become a part of this great franchised organization. Ray Kroc took McDonald’s to Des Plaines, IL and began opening new restaurants all over Illinois. Today, McDonald’s touches lives every day all around the world.…

    • 5335 Words
    • 22 Pages
    Good Essays
  • Powerful Essays

    McDonalds Corporation was founded in 1955 on a simple concept that allowed the company to focus on the quality. McDonalds featured a limited menu with just burgers, fries and beverages. The concept of establishing McDonalds Corporation was very simple; the owners set out to create a taste that would be the same regardless of the location. McDonald’s core principle was “quality, service, cleanliness, and value.” In order to ensure quality, McDonalds made sure that all of the ingredients that would be used would first be test, and then they would go through the taste process, and the items wouldn’t be perfected until there was the assurance that the item fitted McDonald’s operating system. McDonalds continued to grow rapidly over time. This included advancement to already famous burgers to creating breakfast items to join its menu, over time, the concept of which the business was founded has always remained the same. The principle in which McDonalds Corporation was founded is very clear.…

    • 1079 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Ray Kroc was the driving force behind the new and improved McDonalds franchise system. He saw the massive success the McDonald brothers were having first hand and approached them asking to have the right to franchise McDonalds nationwide. Kroc would sell the franchise while the…

    • 1490 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Informative speech

    • 939 Words
    • 3 Pages

    The restaurant had been shut down in September then re-opened in December after changes were made. The brothers had turned it into a drive in self service restaurant.…

    • 939 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    2. The Story of Dick and Maurice McDonald. Effective restaurant owners who understood how to run a business efficiently, but who could not translate that into successful franchising due to the fact they were not leaders. The McDonald brothers soon teamed with a true leader – Ray Kroc who worked tirelessly, long hours and at times with no pay to open hundreds of McDonald franchises. In 1961 he bought the exclusive rights to McDonald’s from Dick and Maurice McDonald for $2.7 million. Today there are more than 21,000 restaurants in at least 100 countries.…

    • 2752 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Mcdonalds Case Analysis

    • 1511 Words
    • 7 Pages

    FACTS McDonald¶s roots go back to the early 1940s when two brothers opened a burger restaurant that relied on standardized preparation to maintain quality the Speed Service System. So impressed was Ray Kroc with the brothers¶ approach that he became their national franchise agent, relying on the company¶s proven operating system to maintain quality and consistency. Over the next few decades, McDonald¶s used controlled experimentation to maintain the McDonald¶s experience, all the while expanding the menu to appeal to a broader range of consumers. For example, in June 1976, McDonald¶s introduced a breakfast menu as a way to more fully utilize the physical plant. In 1980, the company rolled out Chicken McNuggets. ««Continued…

    • 1511 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Mcdonald's Case Study

    • 2455 Words
    • 10 Pages

    McDonald’s offered various type of fast food with a certain set to attract customers come and buys their product. The major fast food menu is hamburger, chicken, french fries, breakfast items, soft drinks, milkshakes and dessert. In response to changing consumer tastes, the company has expanded its menu to include salads and fruit. McDonald’s always makes changes to meet customer needs and wants and always…

    • 2455 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    The McDonald’s Brothers changed the design of restaurant kitchen. Because they are fast food company, they must face all kinds of the customers and speed of the cooking food. Instead of having lots of different equipment and stations for preparing a wide of variety food, the Speedy kitchen had:…

    • 784 Words
    • 3 Pages
    Good Essays