Co-operative; is a firm controlled, owned and operated by a group of people for their own benefit. Each member contributes invested money, and shares in the control of the firm on the basis of one-member.
Franchise; is a business organisation where a firm already has a strong service, product or brand name and is well known and succesful.
Voluntary; is a business running not for profit but for charity and help.
Introduction;
This assignment I have selected two businesses on the opposite ends of the business spectrum (a public limited and a franchise) I will explain the purposes,objectives and I will explain how they work and their industrial sector.
Apple’s ownership; Apple is a multinational corporation that creates consumer electronics, computer software, and commercial servers. Founders Steve Jobs and Steve Wozniak effectively created Apple Computer on April 1st 1976, with the release of the Apple I, and incorporated the company on January 3rd 1977 in Cupertino, California.
Apple has over 20000 employees and is a plc (public limited company). On April Fool's Day, 1976, Steve Wozniak and Steve Jobs released the Apple I computer and started Apple Computers. The Apple I was the first with a single circuit board used in a computer. Steve Wozniak is the co-founder of Apple Computers. Wozniak has always been credited with being the main designer of the first Apples.
Apple changed the way the world listens to music and is now the most valuable company in the world.
On the apple website it says that “Apple is committed to ensuring the highest standards of social responsibility wherever our products are made. We insist that our suppliers provide safe working conditions, treat workers with dignity and respect, and use environmentally responsible manufacturing processes.”
First ever mcdonalds opened by Dick and Mac Mcdonald called Mcdonald’s Bar-B-Que restaurant on Fourteenth and E-streets in San Bernardino,Calafornia which was a typical drive in feturing a large menu.towards the early 1950’s the restaurant was shut for alterations and changes in the menu and business.by 1963 their were 500 restaurants located in America.In 1867 Mcdonald’s became international with a restaurant being opened at Canada, Puerto.
The 5,000th restaurant was opened on 1978 at kanagawa, Japan.by 1983 Mcdonald’s is in 32 countries and has 7,778 restaurants.
Today McDonald's is the leading global foodservice retailer with more than 33,000 local restaurants serving more than 64 million people in 118 countries each day. More than 80% of McDonald's restaurants worldwide are owned and operated by independent local people.
McDonalds is a franchise. Which means that any individual can own one as long as him/her keeps up with the general rules of the enterprise. McDonald's is run neither by one man nor by executive committee. It is not a single company and It is a federation of hundreds of independent entrepreneurs - franchisees, suppliers and managers.
The main purposes of mcdonalds is to create franchise oppurtunuties to the public,to make money and to satisfy customers by serving them with delicious fast food for low prices.
