Tuesday, March 20, 2012

Retailing

McDonalds retail stores are located around the world,own by different people. Witch is consider to be  franchising (is a continuing relationship in which a franchiser grants to a franchisee the business rights to operate or sell a product).  When it come to franchising McDonalds is one of the companies that is on top of their game. There are two basic forms of franchises  that are use today: Product and trade name franchising ( which a dealer agrees to sell certain products provided by a wholesaler or a manufacturer), and business format franchising ( an ongoing business relationship between a franchisor and a franchisee).  McDonalds franchisor uses business format franchising to generate business. No matter what McDonalds you go to they all will have good customer services, and rapid moving lines. McDonald’s has over 32,000 locations in more than 100 countries around the globe. They serve more than 60 million people around the world every day. 

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