chain Starbucks‚ McDonalds and Burger King. On 20 July‚ 2014‚ Shanghai TV news channel and Dragon TV reported news of Shanghai Husi Food Corporate Limited (Husi) ‚ which is one of the suppliers of McDonalds in China and Hong Kong. The news is about Husi using processed expired chicken to produce chicken nuggets or fried chicken and then supplied them to McDonalds. There were 18 tons of expired materials in total. McDonalds is the biggest sufferer in this case. Although McDonalds has a routine inspection
Premium Ethics Business ethics
operational parameters of McDonald’s and Kentucky Fried Chicken (KFC) and projects an overview of various factors that differentiate the services of the two food giants. The survey was based on the consumer’s response on their choice between KFC and McDonalds and the basis of their choice was differentiated into various factors. MCDONALD’S: COMPANY PROFILE The year 1940 is the birth year of McDonald’s and they have started everything. Their Speedier Service System that was introduced in their
Premium KFC Fast food restaurant Fast food
What is (Just In Time) Inventory Management? It’s an strategy that is aimed at monitoring the inventory process in such a manner as to minimize the costs associated with inventory control and maintenance. Just-in-time inventory process relies on the efficient monitoring of the usage of materials in the production of goods and ordering replacement goods that arrive shortly before they are needed. This simple strategy helps to prevent incurring the costs associated with carrying large inventories
Premium Inventory Supply chain management terms
Simple Math Tricks There are many ‘math tricks’‚ which ask you to choose a number or two and work through several steps‚ often ending up with your original number(s) mixed up somehow‚ or with a value that’s the same every time. When they arrive by email‚ they will often be described as ‘amazing’‚ or ‘impressive’‚ as if they were magical. There isn’t any magic‚ and you don’t have to be Harry Potter to understand how these tricks work‚ or to make up tricks of your own. All you have to do
Premium Numerical digit Number Numeral system
Corporate Finance Valuation Project Yes‚ I would invest in McDonald’s stock‚ specifically for it’s consistently “high yielding” dividend. According to Morningstar‚ MCD’s dividends started to show a significant leap in earnings per share in 2008‚ which I am attributing to their significant increase in net income from 2007’s $2395 million to 2008’s $4313 million. I would want this stock in my portfolio specifically for its growth. I do realize that the stock price continues to fluctuate several
Premium Investment Corporate finance Finance
SWOT analysis of McDonald’s Hong Kong Strengths 1. Financial Investment: McDonald’s spends a lot of money for marketing promotion and branding. For example‚ McDonald’s will invite celebrities as the spokesman (Eason Chan) and spokeswoman (Joey Yung) for different promotion. McDonald’s launch large marketing campaigns from time to time to keep customer engaged. For example‚ the Monopoly Game in 2011. 2. Location coverage: McDonald’s restaurants locate basically every shopping mall and
Premium Hong Kong Nutrition Fast food
McDonald’s was built in 1940 by the McDonald brothers (Dick and Mac). 1954 • Ray Kroc became the first franchisee appointed by Mac and Dick McDonald in San Bernardino‚ California. 1955 • Ray Kroc opened his first restaurant in Des Plaines‚ Illinois (near Chicago)‚ and the McDonald’s Corporation was created. 1957 • Quality‚ Service‚ Cleanliness and Value (Q.S.C. & V.) became the company motto. 1959 • The 100th McDonald’s opened in Chicago. PHOTO: The McDonald brothers (Dick right and Mac center)
Premium
Case Study Individual Report – International Management 15/02/2012 McDonald’s in India by Kishore Dash Until late 1980s‚ India was a very closed and protective country in terms of economic‚ political and social perspectives. However‚ after this period dramatic changes happened in all of these areas. At the time‚ the political leaders pursued policies of economic nationalism but these policies were inefficient and by 1990‚ India was facing a severe economic crisis. In response‚ the government introduced
Premium India Mumbai Government
the world you can find a fast-food franchise such as McDonalds. When I think of McDonalds of course the first thing that comes to mind is‚ Big Mac‚ Large fries and a Milkshake‚ but to the employees of McDonalds it’s a much bigger picture. Have to ever drove out of a mcdolads “drive thru” and thought about the employee that just served you a meal? Do you know that McDonald’s employees are making 7.35 hour? Well it’s a shocking fact. McDonalds and many other fast food chain restaurants are profiting
Premium Fast food Hamburger Fast food restaurant
respondents in the 18-22 age group‚ who are mainly students‚ and even fewer respondents from the above 28 years age group who represent the working class. Importance of various parameters in fast food restaurants We asked respondents to judge McDonalds on the parameters taste of food‚ speed of service‚ cleanliness‚ ambiance and value for money‚ as to which is the most important one. The response received is represented in the pie chart below. [pic] From the survey conducted it was found
Premium Fast food restaurant Decision making Fast food