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Topic: |
Business
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Number of pages / Number of words: |
6 / 1499 |
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To date the McDonalds has over 30,000 stores around the world. The company is publicly traded and is a force to be reckoned with in the fast food industry.
The Texas Secretary of State stated that when deciding of a business structure, a person should make, in consultation with an attorney and accountant and taking into consideration issues regarding tax, liability, management, continuity, transferability, of ownership interest, and formality of operation (Texas Secretary of State, 2008)...
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With that in mind, McDonalds has formulated a simple company structure within the company. Currently, The Chief Executive of McDonaldâs has the responsibility of monitoring the following areas: Operations, Development, Finance, Marketing, and Human Resources. Within the company the Operations Department reports to the Chief Executive in regards to the companyâs equipment and franchising (McDonald's Corporation, 2007-2008)...
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