Economics 3400 Essay Example | Topics and Well Written Essays - 500 words

Economics 3400 - Essay Example Currently McDonalds manages more than 31,000 outlets across the world while providing employment to greater than 1.5 million people. Approximately, one in eight people from the US labor force have worked as employees of McDonalds. Any McDonalds restaurant is managed by a McDonalds itself, an affiliate, or the franchisees. The companys sales are generated through the royalties, rental of property, and charges submitted by the franchisees, and sales generated from firm-operated outlets. McDonalds sells various burgers and sandwiches such as Big Mac, Quarter Pounder, McArabia and McChicken. Other than burgers it also sells breakfast items like oatmeal and hotcakes. To make sure that the firm is not criticized for promoting unhealthy eating habits fresh salads, low fat milk, smoothies and fruit are also sold. Most outlets of McDonalds provide both counter and drive-through services. The services can be both indoor and occasionally outdoor seating. In 1975, after observing other fast food companies Drive-Thru was started in Arizona. To adapt to the recent preference for premium coffee and the overall reputation of coffee shops, McDonalds launched McCafà ©, similar to Starbucks. After making changes to the interior dining areas and facilities certain Australian stores of McDonalds have observed a 60% rise in sales. By the end of 2003 there were more than 600 McCafà ©s located across the world. A few McDonalds located in out-of-town residential areas and specific cities have enormous indoor or outdoor playgrounds. In 1987 the first â€Å"PlayPlace† with the well-known crawl-tube shape with ball craters and slides was introduced in America. Various â€Å"PlayPlaces† were constructed afterwards. Some PlayPlace areas have been redesigned and converted into "R Gym" areas. In 2006, McDonalds redesigned all of its restaurants. This was the first major change in interior since the 1970s. The aim of this modification