Q:
What type of business is McDonald's?
A:
Quick Answer
McDonald's Corporation is in the hamburger fast-food restaurant business. Per the corporate website, McDonald's brand mission is to "be our customers' favorite place and way to eat and drink."
Continue Reading
Credit:
Mike Mozart
CC-BY-2.0
Full Answer
Dick and Mac McDonald opened their first restaurant in 1948, with its 15-cent specialty hamburgers the staple of the menu. As of 2014, the operation has expanded to over 35,000 locations in more than 100 countries serving nearly 70 million people each day, making McDonald's the world's largest fast-food chain. The main competitors of the giant include Burger King Worldwide, Inc., Starbucks, Wendy's and Yum! Brands' Taco Bell and KFC restaurants.
Learn more about CorporationsSources:
Related Questions
-
Q:
How much did a hamburger cost in 1970?
A: The cost of a hamburger in 1970 varies as to whether it was being made at home in a private kitchen or purchased from a fast-food restaurant. A homemade bu... Full Answer >Filed Under: -
Q:
What information does a business bureau report require?
A: Better Business Bureau, or BBB, reports and ratings are based on the history of customer complaints, the company's contact and ownership information, the t... Full Answer >Filed Under: -
Q:
What process should be used to create a creative business name?
A: The process for choosing a creative business name involves examining the type of business being named and the tendencies of the target demographic. Creativ... Full Answer >Filed Under: -
Q:
What is an LLC?
A: LLC stands for limited liability company, a type of formal business structure. LLCs blend the advantages of a corporation with those of partnerships. An in... Full Answer >Filed Under:
