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How Business Works - McDonalds.
Member rating: No Rating | Words: | Submitted: Sat Oct 23 2004
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How Business Works Introduction I am doing my business project on McDonalds because it's one of the largest businesses in the world. McDonalds is based in the United States Of America (USA) McDonalds first started in when 1965 with the company's first offering on the stock exchange. A hundred shares of stock costing $2,250 dollars that day would have multiplied into 74,360 shares today, worth over $1.8 million on December 31, 2003. 1954 ? Ray Kroc became the first franchisee appointed by Mac and Dick McDonald in San Bernardino, California. 1963 ? One billion hamburgers sold. ? the 500th restaurant opened. ? the 500th student graduates from Hamburger University. ? Ronald McDonald made his debut. ? McDonald's net income exceeded $1 million. 1972 ? Assets exceeded $500 million and sales surpassed $1 billion. 1975 ? The Company's first Drive-Thru opened in Sierra Vista, Arizona. 1976 ? McDonald's first UK TV advertisement was broadcast. It's now got more than...
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