A Quick Tour of the First McDonalds

Founder Ray Kroc’s first McDonald’s, known as Store #1, opened on April 15, 1955, in Des Plaines, Illinois. This first store sported a red-and-white tile building and the now very recognizable large Golden Arches. The first McDonald’s offered lots of parking (no inside service) and featured a simple menu of hamburgers, fries, shakes, and drinks. Origins of the Idea   Ray Kroc, the owner of Prince Castle Sales, had been selling Multimixers, machines that allowed restaurants to mix five milkshakes at one time, since 1938. In 1954, 52-year-old Kroc was surprised to learn of a small restaurant in San Bernadino, California that not only had five Multimixers but used them nearly non-stop. Before long, Kroc was on his way to visit. The restaurant that was using the five Multimixers was McDonald’s, owned and operated by brothers Dick and Mac McDonald. The McDonald brothers had originally opened a restaurant called McDonald’s Bar-B-Q in 1940 but revamped their business in 1948 to focus on a more limited menu. McDonalds sold only nine items, which included hamburgers, chips, slices of pie, milkshakes, and drinks. Kroc loved the McDonald’s concept of a limited menu with fast service and convinced the McDonald brothers to broaden their business with nation-wide franchises. Kroc opened his first McDonald’s the following year, on April 15, 1955, in Des Plaines, Illinois. What Did the First McDonald’s Look Like? The very first of Ray Kroc’s McDonald’s was designed by architect Stanley Meston. Located at 400 Lee Street in Des Plaines, Illinois, this first McDonald’s had a red-and-white tile exterior and large Golden Arches that flanked the sides of the building. Outside, a large red and white sign announced the â€Å"Speedee service system.† Ray Kroc wanted quality with quick service and so the first McDonald’s character was Speedee, a cute little guy with a hamburger for a head. Speedee stood on top of that first sign, holding another sign advertising â€Å"15 cents† – the low cost of a hamburger. (Ronald McDonald would replace Speedee in the 1960s.) Also outside were plenty  of parking spots for customers to wait for their car-hop service (there was no inside seating). While waiting in their cars, customers could order from the very limited menu that included hamburgers for 15 cents, cheeseburgers for 19 cents, French fries for 10 cents, shakes for 20 cents, and all other drinks for just 10 cents. Inside the first McDonald’s a crew of workers, wearing dark slacks and a white shirt covered by an apron would prepare the food quickly. At the time, fries were made fresh from potatoes and Coca Cola and root beer were drawn directly from a barrel. The McDonalds Museum The original McDonald’s underwent a number of remodels over the years but in 1984 it was torn down. In its place, a nearly exact replica (they even used the original blueprints) was built in 1985 and turned into a museum. The museum is simple, perhaps too simple. It looks just like the original McDonald’s, even sporting mannequins pretending to work at their stations. However, if you want to actually eat McDonald’s food, you have to go across the street where a modern McDonald’s awaits your order. However, you may have more fun by visiting these eight amazing McDonalds restaurants. Important Dates in McDonald’s History 1958 – McDonald’s sells its 100 millionth hamburger 1961 – Hamburger University opens 1962 – The first McDonald’s with indoor seating (Denver, Colorado) 1965 – There are now over 700 McDonald’s restaurants 1966 – Ronald McDonald appears in his first TV commercial 1968 – The Big Mac is first offered 1971 – Ronald McDonald gets friends – Hamburglar, Grimace, Mayor McCheese 1975 – The first McDonald’s drive-thru opens 1979 – Happy Meals introduced 1984 – Ray Kroc dies at age 81

The Global Economy Has Changed The World - 1779 Words

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Apple Board of Directors Free Essays

Lydia Butler Board of Directors Apple A. Board of Directors 1. William V. We will write a custom essay sample on Apple Board of Directors or any similar topic only for you Order Now Campbell Chairman Intuit, Inc. (external) 1983 Tim Cook CEO Apple (internal) 2011 Millard S. Drexler Chairman and Chief Executive Officer J. Crew (external) 1999 Albert Gore, Jr. Former Vice President of the United States (external) 2003 Andrea Jung Chairman and Chief Executive Officer Avon Products, Inc. (external) 2008 Arthur D. Levinson, Ph. D. Chairman and Chief Executive Officer Genentech, Inc. (external) 1980 Ronald D. Sugar, Ph. D. Former Chairman and CEO Northrop Grumman Corporation (external) 2010 2. Members of the board do in fact own stock in Apple including Tim Cook who was given 1 million shares when he became CEO. 3. From research online I found that most Board members had a mix of both public and restricted stock depending on the person. 4. All of the board members are seasoned CEO’s of their own corporations, many of which have been the best of their expertise for decades and served on many other boards. 5. The year each member of the board joined is adjacent to their names. 6. Members of the board do not only â€Å"rubber stamp† management decisions but are also excited to use their talents and ideas to further better the company. For example, in his bio on Apple. com, it is stated about that Ron Sugar that: â€Å"In addition to having been the CEO of a high-tech Fortune 100 company, Ron has a Ph. D. in engineering and has been involved in the development of some very sophisticated technology. † CORPORATE GOVERNANCE A. Board of Directors 1. Who is on the board? Are they internal or external members? 2. Do they own significant shares of stock? 3. Is the stock privately held or publicly traded? Are there different classes of stock with different voting rights? 4. What do the board members contribute to the corporation in terms of knowledge, skills, background, and connections? If the corporation has international operations, do board members have international experience? 5. How long have members served on the board? 6. What is their level of involvement in strategic management? Do they merely rubber-stamp top management’s proposals, or do they actively participate and suggest future directions? You have a good start here, but additional information and research would have been nice to see. Be sure to provide and cite your references. 80/100 How to cite Apple Board of Directors, Papers