Question
What Consumers Want From McDonald's By VANESSA PAGE Updated December 02, 2022 Reviewed by THOMAS J. CATALANO Once a pioneer in the fast-food industry, McDonald's
What Consumers Want From McDonald's
By VANESSA PAGE Updated December 02, 2022 Reviewed by THOMAS J. CATALANO
Once a pioneer in the fast-food industry, McDonald's Corp. (MCD) is widely considered to be too comfortable with its success. As a result, the company appears to be losing touch with customers and franchise owners, even internationally. In the second quarter of 2015, McDonald's saw its sales and earnings per share (EPS) fall. [1] CEO Steve Easterbrook, who was appointed in 2015, turned the stock price around considerably but has yet to bring innovation to the stalling fast-food giant, leading to deficiencies in operations that are frequently noted by consumers and franchise owners as areas that need improvement.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started