Coursework.Info - Inspiration in an Instant

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McDonalds Introduction In 1954 McDonalds was a single hamburger stand in California. When Ray Kroc sold them eight of his milkshake makers he suggested they open up more McDonalds restaurants offering to do it himself. The first restaurant is now a museum. McDonalds now serve nearly 50 million people every day! History In 1965 McDonald's went public with the company's first offering on the New York stock exchange (Wall Street). A hundred shares of stock costing $2,250 dollars that day would have multiplied into 74,360 shares today, worth over $2.8 million on December 31, 1998. Introduced in 1968, the Big Mac was the brainchild of Jim Delligatti, one of Ray Kroc's earliest franchisees, who by the late 1960s operated a dozen stores in Pittsburgh. In 1979 the happy meal was introduced. Attached is an excerpt from McDonalds 2001 annual report showing the company's figures for the last 11 years. Future Expansion Even the very largest companies...

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