McDonalds was founded in 1948 by Dick and Mac McDonald. The first McDonalds franchise was purchased in 1955 by Ray Kroc who later purchased the McDonald brothers equity in the company and led its worldwide expansion. MCD Corporations revenues come from rent‚ royalties‚ and fees paid by McDonald’s franchises as well as sales from the company operated restaurants. MCD has two types of franchise arrangements. In the conventional franchise arrangement‚ franchisees provide a portion of the required capital and
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and ideal sculptures during the Renaissance. I think one of the reasons why Michelangelo’s David became so famous was because of the way it stood. David is the perfect example of contrapposto. If you examine the sculpture of David‚ you can see that the body is placing all of its weight onto the right leg‚ while the left leg stays relaxed. This causes the body’s hips and shoulders to rest at opposite angles‚ giving it a slight s-curve to the entire torso. The way the body is positioned gives it a natural
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The 1940’s were heavily influenced by the occurrences that happened during this era. Some of these events including World War II‚ Recession; Revolutions‚ the ongoing feminism movement‚ Dior – The New Look and the Parisian Couture house. The 40’s era was where the fashion houses of Dior and Chanel ruled according to Style.com. They dictated the austere style‚ which was strict and plain; yet at the same time sophisticated yet masculine. The forties decade opened up an extensive variety of original
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Introduction to Service Dominant (S-D) Logic Recently there has been a shift away from the traditional product-orientated marketing perspective to a more service-orientated one which focuses on “intangible resources‚ the co-creation of value and relationships” (Vargo and Lusch‚ 2004). Merz‚ He & Vargo (2009) commented that goods were a “vehicle for service”‚ and whilst the provision of goods was still an important part of a transaction‚ there will always be some element of intangible service attached
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University‚ UK (MBA1) Oxford Brookes University‚ UK (BSc. Hons) CICPA2 PO Box 117‚ Geylang Post Office‚ Singapore 913804 Tel: +65-83300960 E-mail: muzihemba@gmail.com Dr. K. C. Wong MBA Project Supervisor / Mentor Abstract: Qingdao Haier has been the world ’s largest white goods manufacturer since 2010. Haier has built a portfolio of unrelated diversification through mergers and acquisitions and had decentralizing its operational risks. Haier is confronting few strategic issues which might be more rational
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The 1920’s was the best decade of the first half of the 20th century. In the 1910’s there was WWI‚ the 1930’s the great depression‚ and the 1940’s WWII. So much flourished economically and industrially during the 1920’s which made it the best decade. Even though there was so much good in the 1920’s there were some problems too‚ but not nearly as bad as any of the other decades in the first half of the 20th century. During the 1920’s‚ the economy was booming. A big factor of the economy prospering
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Throughout the 1990’s there was a lot of good and bad times. Starting with the good things‚ I will begin my paper with 5 of the up-most important events in this period of time and then conclude with 4 of the down sides. Early in the 90’s was Desert Storm‚ which was a huge success. The 1991 bombing of Baghdad was a demonstration of smart‚ powerful weapons‚ planning ahead and military superiority. Having control in the air was a major goal of those who had planned out the
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its time. Thunderbirds were big and successful and were very popular in the 60’s. They also‚ the thunderbirds were known as a good mixed car but also a big fast sports car. The Thunderbirds were a huge car in the 60’s‚ because they weren’t just a nice car‚ it also wasn’t a very expensive car to purchase. In addition it was also a way for other car companies to want to build their cars‚ and set the trend for other companies. The 4th generation Thunderbird was the best generation of them all because
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unit of ownership that represents an equal proportion of a company’s capital. It entitles its holder to an equal claim on the company’s profits and an equal obligation for the company’s debts and losses. Two major types of shares are ordinary shares‚ which entitle the shareholder to share in the earnings of the company as and when they occur‚ and to vote at the company’s annual general meetings and other official meetings‚ and preference shares which entitle the shareholder to a fixed periodic income
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OMPANyCaSe Beano’s Całe: n Egyptian Flavor COMPANY ~car"lO’S BACKGROUND Cafe‚ one of the most successful and popular cafe chains in =~ypt. has branches throughout the country‚ including locations in ::" ro. Alexandria‚ and Giza. At Beano’s‚ customers can enjoy excele- quality coffees‚ soft drinks‚ shakes‚ and infusion drinks‚ as " as a wide variety of sandwiches‚ hot meals‚ and desserts. Beano’s Cafes aim is to offer its customers a convenient‚ relax-9 place where they can purchase food
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