The main objective of the McDonald's corporation is to be the customer's favorite place to eat. To achieve this, McDonald's created a global strategy called "Plan to Win," which focuses on creating an extraordinary customer experience.
A:As of 2014, the retail store Kmart is not going out of business. However, Kmart's parent company Sears Holdings Corporation closed over 100 Kmart locations starting in December 2011 and is continuing to close stores.
A:Organization is important because it allows individuals and groups to perform tasks more efficiently. It helps people find information and items faster, and it allows groups to work together without wasting time. Organization is important for dealing with information as well.
A:To be a Nielsen family means a household is part of a panelist system that is used to determine how many people watch television and in what way. It is how the TV industry gets what is known as Nielsen ratings.
A:As a publicly traded company, eBay is owned by stockholders. The founder of eBay is Pierre Omidyar, who is the largest stakeholder in the company, with over 105 million shares as of February 2014. John Donahoe is eBay's CEO.
A:The Carus Publishing Company publishes magazines. It is primarily known for children's magazines in the fields of literature, social studies, world and American history, archaeology, science and world cultures.
A:The Birmingham Silver Company is a company that buys all types of silver, including scrap silver. It is a UK company located in Hockley, Birmingham, and it pays instant money in either cash, bank transfer or cheque for silver.
A:The KFC mission or vision statement is as follows: "To sell food in a fast, friendly environment that appeals to price conscious, health-minded consumers." KFC's major competitors include Wendy's, Subway, McDonald's, and Burger King.
A:As of December 31, 2013, the Coca-Cola company stated that it had 130,600 employees working directly for the company. If Coca-Cola's bottling partners worldwide are also counted, then the total number of people working for the company is 700,000.
A:Sam Walton, founder of the American retail stores WalMart and Sam's Club, was estimated to have had a net worth of $62.1 billion in 2008 U.S. dollars at the time of his death in 1992. He was named the world's richest man by Forbes in 1985.
A:Samsung's mission statement is "Inspire the world, create the future." As one of the leading electronics companies in the world, Samsung Electronics is characterized by new technology, creative solutions and innovative products. Its mission statement changes every decade to match the current business and technology climate.
A:According to the U.S. Bureau of Labor Statistics, the median annual wage for a chief executive officer was $168,140 in 2012. The hourly wage this corresponds to varies because CEOs do not usually adhere to a standard 40-hour work week.
A:Ikea's competitors include West Elm, Wayfair and Dot & Bo. Ikea is a Swedish ready-to-assemble furniture and home decor company that operates 53 stores in 43 countries as of 2014. The company's vast assortment of household offerings includes storage units, appliances, wall decor, kitchen appliances and living room furniture.
A:A Fortune 200 company is a company that ranks within the top 200 spots on the Fortune 500 list. The Fortune 500 is an annual list published by Fortune magazine ranking the top 500 companies in the United States by their gross revenue.
A:The IBM company's organizational structure consists of a board of directors responsible for the overall running of the company and board committees that cover specific areas of responsibility. In addition, executive officers take care of hands-on operations and are the voice of the company.
A:Corporate goals are statements that outline an overall company vision that includes an operating philosophy and specific objectives. Corporations set goals to provide direction to management and employees. Clear goals allow companies to communicate expectations and provide a blueprint for decision making.
A:A corporate body is a group of people or an organization that operates under a single name and is often treated as its own entity. There are many different types of corporate bodies. Despite their names, not all corporate bodies are directly related to the business world. Some of these bodies are involved primarily in the government at some level or in representing members of their religion.
A:Bank of America has a branch in the Philippines in the city of Manila. Manila is the capital and largest city of the country. Bank of America has locations in 12 countries and territories within the Asia Pacific region.
A:Dr. Pepper is not owned by the Coca-Cola Company or PepsiCo in the United States. It operates under the Dr Pepper Snapple Group, which also owns 7 Up and Snapple. In international markets, Coca-Cola owns most of the rights to Dr. Pepper.
A:CEO has a variety of meanings depending on the person or group using the abbreviation. The most common definition, though, is "Chief Executive Officer." In business, the CEO is the person in charge of an organization or company.