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McDonald’s Corporation in the New Millennium. Futurists Ashley Caldwell Harold Goldsberry Courtney Hamm Brandon Johnson. The Fast Food Industry. Recent Trends. The Value Menu Quality and Accuracy. New Store designs Speed of drive through service An increase in non-hamburger options
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McDonald’s Corporation in the New Millennium Futurists Ashley Caldwell Harold Goldsberry Courtney Hamm Brandon Johnson
The Fast Food Industry Recent Trends • The Value Menu • Quality and Accuracy • New Store designs • Speed of drive through service • An increase in non-hamburger options • More fast-casual restaurants • American eating habits Trends Mentioned in the Case
Drive-Thrus: Speed, Appearance, Accuracy • Quality and Speed for Restaurant Success • 2001 – 81.5% Accurate • 2006 – 91.3% Accurate
American Eating Habits • Pizza and Chicken Chains • Burger chains and revenue • Failure of Diet Foods • Deli-Style Sandwiches
Spending Habits • Value Pricing • Non-Cash Transactions
Location • In-store restaurants • Multibranding
McDonald’s Corporation • Sales Increase • Increase in dividends per share
“Super Size Me” • Places blame for obesity on McDonald’s • Commitment to healthy alternatives
New Menu Offerings • Increase of nearly 2 million customers per day • Country’s largest distributor of Apples
McDonald’s McMakeover • Starbucks-style dining area • Half of stores remodeled by the end of 2006
Major Hamburger Competitors • Burger King, Hardee’s, Wendy’s • Burger Wars • Lost money on burger sales
Value Menu • Market over-saturation • Cause of another burger war
Healthy Options • Salads and Fruit Bowls • Health-food war
Effects of Competition • Value Menus • Competition as a personal attack rather than a business strategy
Non-hamburger Competitors • Yum! Brands • Multibranding
New Marketing Plans • Value Menus • Fourth Meal • Famous Bowls
Recommendations • Quality vs. Quantity • Foreign Expansion • Research and Development