The document provides a history of McDonald's corporation from its founding in 1940 by brothers Richard and Maurice McDonald in San Bernardino, California. It then outlines key events and expansions in McDonald's timeline from 1954 when Ray Kroc became the first franchisee, to the company becoming a global brand with over 34,000 locations in 119 countries by 2013. The document also includes McDonald's corporate objectives, a SWOT analysis, information on locations and revenues in Pakistan, and the products available in Pakistani McDonald's restaurants.
4. McDonald’s
History
The business began in
1940, with a restaurant
opened by two
brothers
Richard and Maurice McDonald
at 1398 North E Street
at West 14th Street in
San Bernardino, California
5. McDonald’s
History
Since 1955, we've proudly
served the world some of
its favorite food. Along the
way, we've been more than
a part of history – we've
created it. From the first
drive-thru restaurants to
our famous Big
Mac sandwich, Fries and
Chicken McNuggets, it's
been an exciting journey…
and we're just getting
started.
6. Timeline
1954
Ray Kroc became the first franchisee appointed
by Mac and Dick McDonald in San Bernardino,
California.
1955
Ray Kroc opened his first restaurant in Des
Plaines, Illinois (near Chicago), and the
McDonald's Corporation was created.
1957
Quality, Service, Cleanliness and Value (Q.S.C. &
V.) became the company motto.
1959
The 100th McDonald's opened in Chicago
7. Timeline
1961
Ray Kroc bought all rights to the McDonald's concept
from the McDonald's brothers for $2.7 million.
Hamburger University opened in Elk Grove, near
Chicago.
1963
One billion hamburgers sold.
The 500th restaurant opened.
The 500th student graduates from Hamburger
University.
Ronald McDonald made his debut.
McDonald's net income exceeded $1 million.
1964
Filet-o-Fish sandwich introduced.
1965
McDonald's Corporation went public. Per earning ratio
varies from 10 to 22 during year; stock price range, 15 33.5.
8. Timeline
1966
McDonald's listed on the New York stock exchange on
the 7th May.
1967
The first restaurants outside of the USA opened in
Canada and Puerto Rico.
1968
The Big Mac was introduced.
The 1,000th restaurant opened in Des Plaines, Illinois.
1970
McDonald's restaurant in every US state.
Ray Cesca (Director of Global Purchasing of the
McDonald's Corporation) has admitted that when
McDonald's opened stores in Costa Rica in 1970, they
were using beef from cattle raised on ex-rainforest land,
deforested in the 1950's and 1960's.
New countries - Virgin Islands, Costa Rica.
9. Timeline
1971
The Egg McMuffin sandwich was test marketed in the US as McDonald's first
breakfast menu item.
McDonald's Japanese President, Den Fujita, stated "the reason Japanese people are
so short and have yellow skins is because they have eaten nothing but fish and rice
for two thousand years"; "if we eat McDonald's hamburgers and potatoes for a
thousand years we will become taller, our skin become white and our hair blonde".
New countries - Japan, Holland, Australia, Germany, Panama, Guam.
1972
Assets exceeded $500 million and sales surpassed $1 billion.
A new McDonald's restaurant opening every day.
New countries - France, El Salvador.
The 2,000th restaurant opened in Des Plaines, Illinois.
The Quarter Pounder was introduced.
Ray Kroc made a $250,000 donation to the controversial 1972 presidential campaign
of Richard Nixon, a donation which was perhaps a subject of investigation during the
Watergate corruption scandal. Passages in the 'Behind The Arches' book (written with
McDonald's backing and assistance) state that the donation came around the very
time that McDonald's franchisees were lobbying to prevent an increase in the
minimum wage, and to get legislation (dubbed 'The McDonald's Bill') passed to be
able to pay a sub- minimum wage to some young workers.
10. Timeline
1973
McDonald's Golden Arches Restaurants Limited founded in UK as a
joint venture partnership between the McDonald's Corporation and
two businessmen; one British, one American.
New country - Sweden.
Egg McMuffin introduced.
1974
The 3,000th McDonald's restaurant was opened in Woolwich (south
east London) in October, the first in the UK. The company admitted
that NOBODY went in and later decided to target children with TV
ads.
The UK Head Office was sited in Hampstead, North London.
Up to 1974, McDonald's employees in Puerto Rico were unionized,
but the company was sold to a new franchisee. A dispute followed,
closing all the stores and McDonald's pulled out of Puerto Rico.
They reopened in 1980 with non-union labor.
New countries - England, Netherlands, Antilles, Guatemala.
The first Ronald McDonald House opened in Philadelphia.
At a San Francisco Labor Board hearing, McDonald's workers
testified that lie-detectors had been used to ask about union
sympathies, following which the company was threatened with legal
action.
14. World wide
Revenue US$27.56 billion (2012)
Operating income US$8.60 billion (2012)
Net income US$5.46 billion (2012)
Total assets US$35.39 billion (2012)
Total equity US$15.29 billion (2012)
16. Some Facts About McDonald's
That Will Blow Your Mind
McDonald's serves 1% of the
world's population every day
McDonald's sells more than 75
hamburgers every second
17. McDonald's' $24 billion in revenue
makes it the 90th-largest economy in
the world
McDonald's hires around 1 million
workers in the US every year
Counting $32 billion in revenue from
franchise stores, McDonald's claims the
68th biggest economy, bigger than Ecuador
According to company estimates, one in
every eight American workers has been
employed by McDonald's
18. The Queen of England owns a
McDonald's near Buckingham Palace as
part of her vast real estate portfolio
McDonald's' iconic golden arches are
recognized by more people than the cross
For the next three years, McDonald's is
going to open one restaurant every day in
China
McDonald's is the world's largest distributor
of toys, with one included in 20% of all
sales
19. McDonald Objectives
♥ Corporate Objectives
♥ Long Term Objectives
Corporate Objectives
♥ To serve good food in a friendly and fun
environment
♥ To provide good returns to its shareholders
♥ To provide its customers with food of a high
standard, quick service and value for money
20. Long Term Objectives
♥ McDonald’s vision is to bathe world’s best quick service
restaurants experience.
♥ McDonalds is committed to maintaining and developing
the best food products in the quickservice restaurant
market.
♥ In order to deliver this, the company has made number
of commitments to food safety and nutrition.
28. McDonald’s Pakistan History
McDonald’s Pakistan is part of the Lakson
Group of Companies, a leading business
house in Pakistan.
McDonald’s first restaurant opened its door to
the people of Pakistan in September 1998 in
Lahore. This launch was met with
unprecedented enthusiasm from the citizens of
Lahore, who are known for their liveliness,
vigor and penchant for quality food. Karachi
opened its first restaurant a week after Lahore.
Ever since we opened the doors of our
restaurants both in Karachi & Lahore, we have
been proud to provide our customers the same
great taste, outstanding value and superior
service that is synonymous with the Golden
Arches all over the world.
Amin Lakhani
29. Restaurants in Pakistan
There are now 27 restaurants in 8
major cities of Pakistan. (11 in
Karachi, 1 in Hyderabad, 10 in
Lahore and 1 in Faisalabad, 1 in
Kala Shah Kaku, 1 in Sialkot, 1 in
Islamabad & 1 in Rawalpindi)
30. McProducts in Pakistan
All McDonald's in Pakistan are certified
Halal. Pakistani menus resemble those of
Middle Eastern and South Asian locations.
McArabias and Spicy Chicken Burgers are
popular in Pakistan A chicken Big Mac is also
available.