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Private and Public Limited Company

Extracts from this document...

Introduction

Private Limited Company McDonald Corporation * McDonalds Corporation is the largest fast food chain in the world today. * McDonalds Restaurant is found at 120 countries and territories around the world including my country Philippines. * Today McDonald Corporation served nearly 54 million customers each day and more than 31,800 flagship restaurants serving burgers, chicken, carbonated drinks, breakfast items, dessert and fries in more than 120 countries. * And also McDonalds is a franchising company in the world. The Ownership of McDonald. * Private Limited Company * The business I have decided to choose for this assignment is McDonald's. McDonald's ownership is a franchise. McDonald is a large business with more than 30,000 restaurants in over 100 countries, serving more than 38 million people each day. * Each McDonald's restaurant is operated by a franchisee, an affiliate, or the corporation itself. Who are its shareholders? In the UK, McDonald's Restaurants Ltd is the identity of McDonald's Corporation. The company does not offer its shares for general sale nor are its shares listed on the UK Stock Exchange. However, the company does register its accounts at Companies House. Stock exchange McDonald corporation one of the big business that provide the New York Stock Exchange, in last November of 2008 the yare volume are almost 12,851,628 billion US Dollar. McDonald total profit * The corporations' revenues come from the rent, royalties and fees paid by the franchisees, as well as sales in company-operated restaurants. McDonald's revenues grew 27% over the three years ending in 2007 to $22.8 billion, and 9% growth in operating income to $3.9 billion. * Market cap - 60.07 Billion US Dollar (costs) * Operating income - 3 Billion US Dollar (cost) * Net income - 2 Billion US Dollar (profit) Aims: * Is to maximise the profit by increasing the sales. * Keeping cost low. * More outlets nationwide. * McDonald's main aim is to lead the Quick Service restaurant market by a programme of site development and profitable restaurant openings. ...read more.

Middle

McDonald's commitment to equal opportunity extends beyond race, gender, ethnic origin, marital status, colour, nationality or disability, to compass people with very different backgrounds and experience. Whether university graduates and those without formal qualifications, first jobbers or those who have worked for decades, what binds employees is the knowledge that the opportunities are as great as an individual's ambition and ability allow. And if employees are happy with the opportunities they are getting form the company they work hard for the company and try to provide best service in the world. It is important to retain talented staff and staff who have become skilled through training. By recruiting quality staff that are committed to the business, thus reducing recruitment costs by not having to recruit too often. McDonald's also provide benefits with salary to its staff. Hourly paid staff benefits: * Free meal allowance * Paid holidays (4 weeks per annum) * Free life assurance (value dependent upon service) * Private health care (for employees aged 19+with 3 years service) * Sponsorship Programme * Stock purchase scheme * Employees discount card * Service awards (at 3, 5, 10, 15, 20 and 25 years service) * Stakeholder pension Apart from good rates of pay, McDonald's try to provide good working conditions and incentives. This also helps McDonald's to meets its objective of expanding and providing best service to the community. Also McDonald provides to motivate employees. The company's hourly paid staffs enjoy the following benefits: * Free Meal Allowance * Paid Holidays (4 weeks per annum) * Free Life Assurance (value dependent upon service) * Private Health Care (for employees aged 19+ with 3 years service) * Sponsorship Programme * Stock Purchase Scheme * Employee Discount Card * Service Awards (at 3, 5, 10, 15, 20 and 25 years service) * Stakeholder Pension Example of human resource management at the company McDonald's places emphasis on the training and development of its employees. ...read more.

Conclusion

All of our waters are packaged in either PET or refillable glass bottles -- materials that are 100 percent recyclable. Our bottles are clear, green and light blue because these colours have the highest recycling value. Even our caps and labels are designed to be recycled along with the bottle and are compatible with local recycling systems. To further reduce waste, we have launched recycling initiatives throughout the world on our own and with third-party partners. We have also invested more than $80 million to build six plastic bottle-to-bottle recycling plants throughout the world, including the world's largest PET recycling plant in Spartanburg, South Carolina. Our operations and distribution are local, which means that for most of our water brands the water is collected, bottled and transported locally, with minimal transportation to consumer outlets. Public Limited Company The National Health Service (NHS) is the publicly funded health care system In the United Kingdom. Each of the four constituent countries of the UK (England, Scotland, Wales, Northern Ireland) have their own NHS, each of which are run along the same lines but are managed separately and operate without general discrimination toward citizens from each others' areas. The large majority of NHS services are provided free of charge to the patient. The NHS in England is controlled by the UK government through the Department of Health. The NHS provides healthcare to anyone normally resident in the United Kingdom with most services free at the point of use for the patient though there are charges associated with eye tests, dental care, prescriptions, and many aspects of personal care. The NHS provides the majority of healthcare in England, including primary care, in-patient care, long-term healthcare, ophthalmology and dentistry. Ownership of NHS * Public limited company * Own by the Government NHS Aims: The NHS is committed to providing quality care that meets the needs of everyone, is free at the point of need, and is based on a patient's clinical need, not their ability to pay. The NHS will not exclude people because of their health status or ability to pay. ...read more.

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