$74.89. The range in the last year has been from $63.43 to $80.34‚ so the current price is on the high end. [1] McDonald’s‚ founded in 1948‚ formed its first corporation in Illinois in April of 1956. As we all know‚ McDonald’s is in the food service industry. If you go in the store‚ you will find burritos‚ hashbrowns‚ McMuffins‚ sausage biscuits‚ hamburgers and cheeseburgers‚ fish sandwiches‚ several chicken sandwiches‚ chicken nuggets‚ chicken strips‚ chicken wraps‚ French fries‚ salads‚ shakes
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In this nation‚ fast food is filling up every ounce of our daily lives. An industry that started with a small innocent number of hamburger and hot dog stands has spread to every corner of the nation and the world. When we are to tired or have no time to make dinner after a long and extremely busy day‚ fast food restaurants is where we go to get our meals. Not only that‚ but fast food is now sold at airports‚ cruise ships‚ universities‚ high schools‚ elementary schools‚ and even hospitals. With the
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Fast Foods Effects on Us Before the mid 1900’s‚ when people were hungry they would cook at home or sit down at a local restaurant. However‚ the restaurants back then would not be a part of a huge chain‚ but more like a mom and pop business. Now‚ present day‚ when you’re driving down the road and start to feel hungry‚ what do you do? You stop off at the closest fast food joint of course! With the explosion of the fast food industry‚ it has caused many: lifestyle‚ family‚ health and money conveniences
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Food is a basic necessity. The industry which deals with preparing food items/products refers to the food service industry. The food service industry is and will always remain in high demand because of its genre. Restaurants and fast foods mainly contribute to the food service industry. “Fast food” generally refers to the type of restaurants that sell quick‚ inexpensive take-out food. During a relatively brief period of time‚ the fast food industry has helped to transform not only diet‚ but also
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Fast food has become a major phenomenon here in America. According to Eric Schlosser‚ he writes in the New York Times‚ on average $301‚369‚863 is spent a day on fast food. As Schlosser shows‚ American people are abusing fast food. In accordance with fast food binging‚ obesity has become a widespread epidemic. According to Joseph Mercola M.D.‚ on a personal website states obesity is‚ "A chronic condition that develops as a result of an interaction between a person ’s genetic makeup and their environment
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McDonalds Analysis of industry A business has to understand the dynamics of its industry and market in order to compete effectively and intensively in the marketplace. The forces which derive on competition and attractiveness of a market. The competitive environment is created by the interaction of these five different forces acting on a business. In addition to rivalry among existing firms and the threat of new entrants into the market‚ there are also the forces of supplier power‚ the power
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Introduction: McDonalds is one of the biggest fast food companies in the market share today. It has been running in over 119 countries‚ as well as they have acquired over 31‚000 restaurants in the world now. McDonald’s brand mission is to be customers’ favourite place and way to eat‚ they are aligned around a global strategy called the ‘Plan to Win’‚ they also committed to continuously improving their operations and enhancing their customers’ experience. As we all know that McDonald’s had successfully
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Sixty percent of all fast food workers are under the age of twenty-four‚ and they want more money. Fast food workers want their pay per hour to be increased from minimum wage to fifteen dollars. That is a big increase considering that waiters and waitresses at medium scale restaurants make within three dollars fifty cents‚ and seven dollars and fifty cents‚ not including tips. Fast food workers should not be paid extra because if their wages increased‚ the food would be more costly and they would
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eating fast foods. Students do have choices on what they order and how much they order at fast food restaurants. Fast food is loaded with calories from refines sugar and fat. It is also very high in sodium‚ coming from common salt and other additives. One of negative effect comes from fast food is nutritional imbalance. This is cause by eating fast food that contains high sugar or fat. High-sugar fast food included regular carbonated beverages. Fried fries and milk shake are examples of foods with
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me you probably have had more fast food than you would like to admit. Fast food is an idea that has taken the world by storm‚ being able to travel from home to Chicago‚ to Boise‚ to Atlanta or now even China and get the same food made you way! Some people blame fast food for America’s obesity and laziness problems while others could not live a day with out a Big Mac or Whopper. Fast food was originally intended to serve working class citizens at a fair price for food when they were hungry. Today
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