Reasons for the Enduring Success of McDonald's [View article]
I agree but would also add that MCD is very well positioned to gain market share as our view on food changes to being what we can afford as opposed to what we like to eat. People like to go out to eat but they can't always afford to go out to eat in the fanciest joints.
On Jan 14 09:04 AM Adina Genn wrote:
> McDonald's successs is largely based on a concept called the Three-Legged > Stool -- and that is the relationships between the trhee partners > in the system: owner/operators, suppliers and corporate staff. Each > depends on the others to support the group as a whole in delivering > the company's mantra: Quality, Service, Cleanliness and Value, as > I learned in co-writing > "Everything I Know About Business I Learned at McDonald's." I now > see McDonald's as much more than a place for a quick bite, but rather > a place of tremendous opportunity for its workers, at any level.
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I agree but would also add that MCD is very well positioned to gain market share as our view on food changes to being what we can afford as opposed to what we like to eat. People like to go out to eat but they can't always afford to go out to eat in the fanciest joints.
Mar 10 08:01 am
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All Comments by Lotalolly »Reasons for the Enduring Success of McDonald's [View article]
On Jan 14 09:04 AM Adina Genn wrote:
> McDonald's successs is largely based on a concept called the Three-Legged
> Stool -- and that is the relationships between the trhee partners
> in the system: owner/operators, suppliers and corporate staff. Each
> depends on the others to support the group as a whole in delivering
> the company's mantra: Quality, Service, Cleanliness and Value, as
> I learned in co-writing
> "Everything I Know About Business I Learned at McDonald's." I now
> see McDonald's as much more than a place for a quick bite, but rather
> a place of tremendous opportunity for its workers, at any level.