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Category:McDonald%27s litigation



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List of McDonald%27s ad programs



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Big Mac Index


The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible".

The index, created in 1986, takes its name from the Big Mac, a hamburger sold at McDonald's restaurants.

The Big Mac index was introduced in The Economist in September 1986 by Pam Woodall as a semi-humorous illustration of PPP and has been published by that paper annually since then. The index also gave rise to the word burgernomics.

One suggested method of predicting exchange rate movements is that the rate between two currencies should naturally adjust so that a sample basket of goods and services should cost the same in both currencies. In the Big Mac Index, the basket in question is a single Big Mac burger as sold by the McDonald's fast food restaurant chain. The Big Mac was chosen because it is available to a common specification in many countries around the world as local McDonald's franchisees at least in theory have significant responsibility for negotiating input prices. For these reasons, the index enables a comparison between many countries' currencies.

The Big Mac PPP exchange rate between two countries is obtained by dividing the price of a Big Mac in one country (in its currency) by the price of a Big Mac in another country (in its currency). This value is then compared with the actual exchange rate; if it is lower, then the first currency is under-valued (according to PPP theory) compared with the second, and conversely, if it is higher, then the first currency is over-valued.

For example, using figures in July 2008:

The Eurozone is mixed, as prices differ widely in the EU area. As of April 2009, the Big Mac is trading in Germany at €2.99, which translates into US$3.96, which would imply that the euro is slightly trading above the PPP, with the difference being 10.9%.



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Boom, Like That


imageBoom, Like That

"Boom, Like That" is a 2004 single by Mark Knopfler, from his album Shangri-La. It is – with "Darling Pretty" – one of only two Mark Knopfler solo singles to reach the UK Top 40, hitting no. 34.

The subject of the song is Ray Kroc, the McDonald's entrepreneur. Knopfler indicated that he was inspired by Kroc's autobiography.



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Bubblegum broccoli


Bubblegum broccoli was a bubblegum flavoured broccoli that McDonald's attempted to introduce to encourage children to eat more healthily at their outlets. McDonald's CEO, Don Thompson, said "It wasn't all that."




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List of countries with McDonald%27s restaurants



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Georgie Pie


imageGeorgie Pie

GEORGIE PIE LOGO.png

Georgie Pie was a fast food chain owned by supermarket operator Progressive Enterprises that hoped to be "New Zealand’s own homegrown alternative to the global fast-food industry giants such as McDonald’s, Pizza Hut and Burger King." The first Georgie Pie restaurant opened in 1977, and at its peak there were 32 restaurants across New Zealand. After running into financial difficulties, it was bought out by McDonald's in 1996, mainly for its restaurant locations. The last Georgie Pie store was closed in 1998.

In 2013, McDonald's started selling Georgie Pie again through its restaurants after frequent calls for the brand's return. However, there are no plans to open dedicated Georgie Pie stores.

Georgie Pie was the brainchild of Tom Ah Chee, who opened New Zealand's first supermarket (Foodtown Otahuhu, 1958). The first restaurant was opened in Kelston, Auckland in 1977. In 1994, plans were announced to open 25 new outlets per year, with a goal of 114 operating restaurants by the end of 1998. The chain came to prominence in the early 1990s with its $1, $2, $3, and $4 "Funtastic Value" menu, including the popular $1 "Small Pie." At its peak, the chain employed about 1,300 people. Georgie Pie was able to automate the food production process far more than chains which sold labour-intensive items such as burgers. Timing was a more difficult detail, for Georgie Pie, as it took 22 minutes to bake a pie versus a few minutes for typical fast food.

Large pies at Georgie Pie came in a range of traditional (mince n' cheese/steak n' kidney) and exotic (Chinese/Mexican/Italian) flavours. The pastry was distinctively solid and free of flakes to avoid spills and mess. These large pies were round, encased in paper sleeves and sold in small, unique boxes. The sleeve allowed the pie to be eaten without being directly touched with the hand. Small pies, which had a distinctive square shape, were sold in bags. Fruit pies had a smaller round shape. .



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Golden Arches


The Golden Arches are the symbol of McDonald's, the global fast-food restaurant chain. Originally, real arches were part of the restaurant design. They were incorporated into the chain's logo in 1962, which resembled a stylized restaurant, and in the current Golden Arches logo, introduced 1968, resembling an "M" for "McDonald's".

In 1952, brothers Richard and Maurice McDonald decided they needed a new building to house their hamburger restaurant in San Bernardino, California. They wanted this building to have an entirely new design which would achieve two goals: even greater efficiency, and an eye-catching appearance. They interviewed at least four architects altogether, finally choosing Stanley Clark Meston, an architect practicing in nearby Fontana, in late 1952. The arches had a direct bearing on the interviewing process and their choice of Meston: the first architect they interviewed objected to the arches the brothers wanted; a second wanted to change the arches; a third, prominent Los Angeles architect Douglas Honnold, said that if the brothers were going to tell him what to do they would be better off doing it themselves.

Along with their practical knowledge, the brothers brought Meston a rough sketch of two half-circle arches drawn by Richard. The idea of an arch had struck Richard as a memorable shape to make their stand more visible. After considering one arch parallel to the front of the building, he had sketched two half-circles on either side of the stand. Meston, together with his assistant Charles Fish, responded with a design which included two 25-foot (7.6 m) yellow sheet-metal arches trimmed in neon, called "golden arches" even at the design stage. His design also included a third, smaller arch sign at the roadside with a pudgy character in a chef's hat, known as Speedee, striding across the top, trimmed in animated neon.

According to architectural historian Alan Hess, "Meston and Fish turned the crude half-circle suggested by Richard McDonald's sketch into a tapered, sophisticated parabola, with tense, springing lines conveying movement and energy." In the same article Hess added this footnote: "Who first suggested the parabola is unclear. Richard McDonald and George Dexter, the sign contractor who fabricated the first arches, recalled that Dexter came up with the idea and added them to the plans. Charles Fish, who did the working drawings and aided Meston in the design, attributes the idea to his familiarity with the form from a school project in which he used structural parabolas for a hangar. The form was one of many advanced engineering solutions, including folded plate roofs, that were in common currency."



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Hamburger University


Hamburger University is a 130,000-square-foot (12,000 m2) training facility of McDonald's, located in Oak Brook, Illinois, a western suburb of Chicago. This corporate university was designed to instruct personnel employed by McDonald's in the various aspects of restaurant management. More than 80,000 restaurant managers, mid-managers and owner/operators have graduated from this facility.

Today, Hamburger University is situated on an 80 acres (32 ha) campus with 19 full-time resident instructors. The facility comprises 13 teaching rooms, a 300-seat auditorium, 12 interactive education team rooms, and 3 kitchen labs. Hamburger University interpreters can provide simultaneous interpretation, and the faculty has the ability to teach in 28 different languages. Restaurant employees receive approximately 32 hours of training in their first month with McDonald's and more than 5,000 students attend Hamburger University each year.

Founder Ray Kroc oversaw lessons at its beginning. Although Kroc died in 1984, he appears in videotaped lectures that are still used at Hamburger University.

Hamburger University was satirized in the 1986 comedy, Hamburger... The Motion Picture. It was also spoofed by McDonald's itself in a commercial with Ronald McDonald where a bunch of animatronic hamburgers are shown graduating from school.



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History of McDonald%27s



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