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Exploring the origins and growth of McDonald's, this overview highlights the transformation from a 1940s eatery to a global fast-food giant with over 38,000 locations. It delves into the corporate structure led by CEO Chris Kempczinski, the hybrid organizational framework, and the company's adaptive approach in the UK market. The text also examines McDonald's corporate culture, emphasizing employee development, continuous learning, and diversity.
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McDonald's Corporation originated from a small restaurant opened by Richard and Maurice McDonald in 1940
Role of Ray Kroc
Ray Kroc's vision and business acumen led to the transformation of McDonald's into a franchised model
McDonald's operates over 38,000 restaurants in more than 100 countries, serving around 68 million customers daily and generating the highest revenue of any restaurant chain globally
McDonald's has functional departments such as marketing, sales, finance, operations, and supply chain management
Purpose of Divisional Structure
McDonald's divisional structure is designed to streamline management and align with the company's strategic goals
Hierarchy in Divisional Structure
The divisional structure of McDonald's has a clear hierarchy, with top-level executives setting strategic directions and lower levels focusing on day-to-day operations
McDonald's organizational structure is a hybrid that incorporates elements of centralization, hierarchy, and divisional organization
McDonald's invests in the development and well-being of its employees through continuous learning and training programs
Diversity and inclusion are deeply ingrained in McDonald's culture, promoting open communication among employees, suppliers, franchisees, and customers
McDonald's organizational culture plays a crucial role in the successful execution of its business strategy
00
The original ______'s restaurant was established by ______ and ______ McDonald in ______, ______ in 1940.
McDonald
Richard
Maurice
San Bernardino
California
01
By acquiring exclusive rights to the brand in 1961, ______ ______ laid the foundation for the modern ______'s Corporation.
Ray
Kroc
McDonald
02
McDonald's global workforce size
Approximately 200,000 employees worldwide.
