Mcdonald's Walmart and Coca Cola Are Friends

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Strategic Alliances | Effects of Strategic Alliances | McDonalds, Wal-Mart, Coca Cola | | Jacqueline Mathews | 1/18/2011 | Dr. Cornett, Instructor This paper will address alliances and benefits of these three companies and attempt to analyze issues of Corporate Social responsibility and its impact on stakeholders. | I have chosen 3 companies that are no stranger to any of us. McDonalds, Wal-Mart, and Coca Cola are powerful corporations and household words across America and other countries. McDonald's Corporation is the world's leading food service organization. The corporation started out as a small drive-through in 1948 by brothers, Dick and Mac McDonald. Raymond Albert Kroc, a salesman, saw a great opportunity in this market and advised Dick and Mac to expand their operation and open new restaurants. Mr. Kroc bought out the McDonald brothers in 1961. By 1967 McDonalds expanded its operations to countries outside the U.S.A. This unyielding expansion led the Corporation to open 23,000 McDonald's restaurants in 110 countries in 1994, producing $3.4 billion in annual revenues. In addition, McDonald's opens a new restaurant every three hours. ( ) Wal-Mart was founded in 1962 and opened its first store in Arkansas. Wal-Mart serves customers and members more than 200 million times per week at more than 8,838 retail units under 55 different banners in 15 countries. Wal-Mart boasts 2010 sales of $405 billion, and Wal-Mart employs 2.1 million associates worldwide. Being a leader in sustainability, corporate philanthropy and employment opportunity, Wal-Mart ranked first among retailers in Fortune Magazine’s 2010 Most Admired Companies survey. ( Coca Cola was invented by Doctor John Pemberton a pharmacist from Atlanta, Georgia. John Pemberton concocted the

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