Questions answered
There are 18 questions about “Profit” in the “How do you operate?” topic.
Click on a question to read our answer.
- 1. Is it true that every policeman/woman in the UK are entitled to one free donut a day from McDonalds? Does this come out of McDonald's profits or is it us, the tax payer that pay for this, in my opinion, ludicrous privilege.
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No, there is no truth to this.
(July 2008)
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 2. who gets the money earned from each mcdonalds restaurant of the world and what do they do they do with the remaining money?
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Firstly, many apologies for the very slow response to your question, as the site went through a few changes and technical updates some questions had slipped through so thank you for your patience. Please continue to send in your questions and check back on the site from time to time for all the latest on Make Up Your Own Mind. Regarding your question, the profit generated by McDonald’s UK belongs to the US Corporation, which is the parent company. After all expenses have been paid, including those payable to McDonald's, profits earned by McDonald’s franchises belong to the individual franchisee.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 3. i am doing a business btec and need info for my work and noticed you did not have this question. who are the different stakeholders who influence the business? i cant get a student pack it takes too long. help please x
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McDonald’s apologises for the delay in answering your question. As the site went through some technical updates and changes, some of the questions slipped through. However, everything is functioning better and your question has now been answered – Thank you for you patience. Within McDonald’s business there are different types of stakeholders. Internally there is McDonald’s Global corporation, based in Chicago USA. McDonald's UK business reports to McDonald's Global. In the UK McDonald’s is also made up of franchisees which represent roughly 50 per cent of the stores. Externally McDonald’s most important stakeholders are its customers and contrary to what some might believe, the company listens to them and takes note of how they think and feel about the brand, its food and business. There are also stakeholders such as the media and politicians, all of whom comment on the company, and it goes without saying that the company takes note of their comments too. The Student Information pack need not take long to get to you as you can now apply for one and have it sent straight to your email inbox.
Just send an email to rowlands.office@btconnect.com and they will send you out a pack straight away.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 4. What was your overall profit worldwide for last year? and the profit for the UK only?
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McDonald's UK is a subsidiary of the global McDonald's corporation, which reports its financial statements on Wall Street. For the entire year, McDonald's global same-store sales increased 5.7 percent, while its sales and operating income reached record highs of $21.6 billion and $4.4 billion, respectively.
(October 2007)
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 5. actualy i m doing a project on mcdonald on for which i need to know from you what is your business portfolois and where to get mcdonald annual turnover. are you in other business apart from restaurant.
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If you are a student, McDonald's has a Student Information Pack. This was developed after receiving many questions from students wanting to know more about the company and has been designed to help address the type of questions that you may ask about the company operations. To obtain your copy of the pack please contact: McDonald's Education Service, McDonald's Restaurants Ltd, 11-59 High Rd, East Finchley, London, NW2 8AW. Phone: 020 8700 7365. Or you can email rowlands.office@btconnect.com. (October 2007)
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 6. How do interest rates (rising and falling) affect McDonald's?
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As with any business, interest rate changes affect McDonald's. McDonald's globally is predominantly a franchised business and franchisees will often finance the purchase of a McDonald's restaurant through a bank or other lender. This loan is set at a fixed rate, above the country’s base rate, and consequently, as the base rate rises and falls so too will the cost of the financing. Here in the UK, the Bank of England sets the base rate. This is currently five percent (November 2006). This will impact those franchised restaurants where a loan is still outstanding. Company-owned restaurants are not affected by movements in the UK base rate as they are funded by the US and so will be subject to variations in US interest rates.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 7. I was interested to see that your profit margins were "confidential." Since you are a public listed company aren't you obliged to publish annual accounts?
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McDonald’s Inc, which is the global company, is a public listed company on the American Dow Jones index. It is not listed in the UK because McDonald’s UK (McDonald's Restaurants Ltd), is a wholly-owned subsidiary of McDonald’s Inc.The global results are issued through our investor relations and published on our global website www.mcdonalds.com. Annual accounts for McDonald’s Restaurants Limited’s UK trading results are filed with Companies House (where all UK limited companies have to register) each year, as required by UK law.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 8. how much money do you make per day in the Republic of Ireland?
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Thank you for your question. However McDonald's hopes that you understand that this sensitive information cannot be disclosed.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 9. what does Mcdonalds do with its profits?
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Like all businesses, profits returned from sales are used for a number of things, such as returns to shareholders or re-investment in the company.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 10. what kind of financial funding does the organisation use?
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McDonald’s is funded by its own profits, as are most companies.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 11. do you have more money than Roman Abramovich and if yes how much
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McDonald’s does not disclose this type of confidential information.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 12. Is it true that concerns about health and eating issues have adversely affected profits of McDonald's in the UK? What difference has this made? By how much? What is the present financial position? Are things improving now in the UK?
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The business in the UK has experienced challenging trading conditions over the last few years, due to stiff competition and changing customer trends. However, the company is responding, and is performing well in 2006.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 13. If you are willing to say that market share of supersize sales were 0.1% before it was terminated, why do you hide the rest of the sales statisics? Please do not say for confidentiality, why is it confidential information? Thanks for the opertunity to ask these questions.
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McDonald’s does sometimes provide an idea of the percentage split of its menu items. Like many other companies, McDonald’s UK doesn’t disclose confidential financial information. However if you would like to see further information about McDonald’s global sales, please go to www.mcdonalds.com
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 14. why do you want to make peo.le unhealthly, creating short life span? for profit gain or not?
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All business is run to create profit. However, McDonald’s believes the food offered is of good quality and can easily be enjoyed as part of a balanced diet and lifestyle.
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What are these? Delicious Digg Reddit Facebook StumbleUpon - 15. How can McDonald's justify making huge profits from selling food while so many people in the world starve to death, usually as a direct result of First World greed?
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McDonald’s profits are the result of providing customers with a good experience. The company takes its social responsibilities seriously but does not believe that it is responsible for this issue.
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