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This business model led to the explosive growth of McDonald's; the real estate deals were handled through a specially formed corporation named "McDonald's Franchise Realty Corp." [3] [4] The "Sonneborn model" persists to this day within the corporation, and might have been the most important financial decision in the company's history. McDonald ...
2012: McDonald's begins posting the calories count for items on the menus and menu boards in the drive-thru. [89] 2013: First McDonald's burger restaurant franchise in Vietnam was awarded to the son-in-law of the Vietnamese prime minister. [90]
McDonald's is the world's second-largest private employer with 1.7 million employees (behind Walmart with 2.3 million employees), the majority of whom work in the restaurant's franchises. [20] [21] McDonald's has been subject to criticism over the health effects of its products and its participation in various legal cases.
Chains like McDonald's, Burger King, and Wendy's have long relied on cheap labor to keep menu prices low while still driving a healthy profit. The business model that made McDonald's a fast-food ...
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In terms of market presence, Arcos Dorados represented approximately 6.7% of McDonald's franchised restaurants globally as of its last reporting period. A new 20-year master franchise agreement with McDonald's is set to take effect on January 1, 2025.