McDonalds is a fast food restaurant that serves customers with food and refreshments. McDonald’s also has a drive-thru where you stop at a window whilst in a vehicle and order their food, they are known for this because it gives a fast service. They are world-wide with over 3000 branches and franchises making over 4.
9 billion dollars after expenses such as revenue. They serve 69million customers on average everyday according to the MC Donald’s annual report 2012.PurposeMcDonald’s purpose is to make a profit and be the leading fast food restaurant all over the world. Aims & Objectives Aims are goals set for a business that are achievable over a period of time, objectives are small goals set to make the aim possible. The objective of McDonalds, which is a fast food restaurant, is to be the world’s best quick service restaurant experience. They also aim at being the best establishment by providing outstanding quality, service, cleanliness and value.
SectorPrivate sector is a business or organisation that is ran by individuals for a profit. Public sector is a business or organisation ran by the government for no profit, these organisations are part of voluntary sector. Voluntary Sector is the sphere of social activity that lets the community join in and bring them closer, it is also non-governmental and not for a profit. McDonalds is in the tertiary group. This means that it provides a service to the public for a profit.
However if a problem occurs in the primary or the secondary stage, McDonalds will suffer. Therefore they will receive lower profits and will have difficulty selling the food. The raw materials that McDonalds get are extracted from meat and milk from animals and grain and fruit from farming.Size:There are four different types of sizes, Local, National, International and Global. Local is an organisation that is ion one area and nowhere else just the one shop, National is an organisation in various cities and all in one country or region.
International is overseas, and Global is an organisation spread all around the world. McDonald's is the leading global food service seller in the world with more than 30,000 restaurants, serving 52 million people in more than 100 countries each day. More than 70% of McDonald's restaurants worldwide are owned and operated by men and women.Chain of ProductionPrimary is a production of raw materials from which the final product will then be created. Secondary stage of production is when the product itself takes shape in the hands of manufacturing companies. They all bring together products and other raw materials to create the final product.
Tertiary is in each production chain is the selling of the product to the consumer. McDonalds has tertiary sector in chain of production, they buy vegetables and fruits chop them up and serve them in burgers to give a better taste.OwnershipThere are many types of ownerships, plc, partnership, sole trader and franchise. A partnership is a business with more than one owner, a sole trader is a business that is ran by an individual. Franchise is a business using another organisations name and paying annually for it and a plc is a public limited company which means shares of the business is sold to the public which then they get paid depending how much shares they own.
McDonalds come under the tertiary sector because the primary sector is the farming then delivered to them as secondary sector then chopped and put into burgers to make then filling this is known as the tertiary sector, because of this can also be placed under the secondary sector. McDonalds is a Private Limited Company, the advantage of this is limited liability for shareholders, greater potential to raise capital and benefit for economies of scale and use of specialist staff. Although there are advantages there are also disadvantages, such as the expenses of setting up especially legal costs, the accounts have to be audited and this is expensive and increased paperwork associated with the legal requirements to submit annual returns and financial statements.Royal Mail Background Information Royal Mail plc is a postal service company in Great Britain and Northern Ireland. Royal Mail was originally established in 1516. The company's subsidiary, Royal Mail Group Limited, operates the brands Royal Mail and Parcelforce Worldwide.
General Logistics Systems, an international logistics company, is a wholly owned subsidiary of Royal Mail Group. The company is responsible for universal mail collection and delivery in the UK.PurposeRoyal mails purpose is to deliver letter and parcels all over the world. Aims ; Objectives Aims are goals set for a business that are achievable over a period of time, objectives are small goals set to make the aim possible. Royal mail aims and objectives are to improve their customer service and expand their business worldwide.
SectorPrivate sector is a business or organisation that is ran by individuals for a profit. Public sector is a business or organisation ran by the government for no profit, these organisations are part of voluntary sector. Voluntary Sector is the sphere of social activity that lets the community join in and bring them closer, it is also non-governmental and not for a profit. Royal mail goes under the public sector because the government owns part of it.Size:There are four different types of sizes, Local, National, International and Global.
Local is an organisation that is ion one area and nowhere else just the one shop, National is an organisation in various cities and all in one country or region. International is overseas, and Global is an organisation spread all around the world. Royal mail is global because they are all over the world. They receive letters and ship them over to their other branch which are then sorted and delivered to the person’s address that is assigned on the letter.Chain of ProductionPrimary is a production of raw materials from which the final product will then be created.
Secondary stage of production is when the product itself takes shape in the hands of manufacturing companies. They all bring together products and other raw materials to create the final product. Tertiary is in each production chain which is the selling of the product to the consumer. Royal mail is in the secondary sector as they deliver the letter to the intended person. Once this has been done the person receiving the letter is in the tertiary sector.