How Does Mcdonalds Affect Australian Economy

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Year 12 Food Technology Topic: Australian Food Industry- McDonalds A) What the organisation produces or does Aim: “To be our customer’s favourite way and place to eat” McDonalds is a fast food company that has become increasingly popular since it was created in California in the 1940s. B) It’s history and development 1940- McDonald’s BBQ Opens (McDonald brothers founded the first restaurant in California) 1955- at 52, Ray Kroc opens first restaurant in Des Plainness, Illinios. 1961- ‘Hamburger University’ opens 1968- Big Mac is launched. Golden arches debut. 1971- McDonald-land characters join Ronald McDonald. 1974- First Ronald Mcdonald house is built 1975- The first drive-thru is introduced. 1979- The Happy Meal is introduced 1983- Chicken Mcnuggets debut on the menu. 1987-…show more content…
2015- McDonalds will officially reach 120 countries C) How the organisation affects the Australian economy McDonalds Australia employs over 95 thousand people within 943 restaurants. The company as a whole is the leading employer of youth in Australia offering jobs to basically anyone and everyone who comes in starting at the age of 14. Due to keeping food delicious and prices affordable, Mcdonalds serves over 1.7 million customers per day, which is a clear indicator that it plays a major role in the Australian economy. D) The level of operation and ownership e.g. household, small business, multinational: • McDonalds is a multinational business that branches worldwide. In Australia, around 80% of McDonalds restaurants are owned and operated by local franchisees. The diagram below shows the percentage of franchised restaurants around the world: E) Research and Development In just 2013 alone, over $82 million was spent on research and
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