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Ray Kroc
Part I of Essay
PROBLEM STATEMENT :
In order for McDonald's to reach its goal of "par excellence", it must
use the full meaning and definition of marketing. Marketing is giving the target
market what they want, when and where they want it, at a price they are willing
to pay for it.
REFLEC .... Part II of Essay .... changes
we saw included, for example, the fact that women were now a major part of the
work force and dual income families were becoming a more common occurrence.
McDonald's became a mastermind of marketing toward specific markets by
pioneering ideas such as breakfast menus, healthier choices and alternatives,
and "adult" foods. McDonald's has truly evolved into a world power by paying
attention to the needs and wants of the changing market and adjusting to these
needs.
LINKING THEORY :
Ray Kroc saw early on what needed to be done. He chang ....
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Words: 853 - Pages: 4
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