Word: mcd
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Dates: during 2000-2009
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...famous four-star establishment, known for its fine cuisine; the other is a McDonald's, popular for its low prices and speedy service. If the élite restaurant opens a branch on every nearby block, it will lose its cachet as well as its customers. Likewise, if the McD's starts serving pricey, five-course meals, its fans will take a hike. That's the central notion of this illuminating book. Maney, a veteran business journalist, calls this dichotomy the "fidelity swap." He argues that there is an inevitable tension between fidelity (quality and snob appeal) and convenience (low cost...
...McDonald's (MCD) plans to march into Europe and will have 1,300 McCafe locations within the next few years. McCafe only has one significant competitor and that is Starbucks (SBUX) which has already been beaten by McDonald's at every turn in the U.S. (Read: "Latte with Fries? McDonald's Takes Aim at Starbucks...
McDonald's (MCD) did so well with its dollar menu that Wal-Mart (WMT) decided it will create one, too. The difference is that the Wal-Mart version will be merchandise and not food. McDonald's philosophy of selling very inexpensive food in a clean, well-lit environment served by consistently friendly people has helped it expand its operations to 36,000 stores worldwide. Wal-Mart's approach to retail stores is not terribly different. It may not be entirely coincidental that Wal-Mart was started in 1962 and McDonald's began in 1955. Millions of relatively young people, most...
...Municipal Corporation of Delhi (MCD), which governs a large part of the area around India's capital, and a pro bono lawyer for Shanno's family are investigating the case. The teacher has denied doing anything wrong, saying that she did not punish her and that Shanno was epileptic, a claim her father denies. So far no action has been taken against the teacher. But her death has renewed calls to stop corporal punishment in schools; the issue is explosive because in India physical abuse in schools is widespread. According to a 2007 joint study by UNICEF, Save the Children...
Deep Mathur, a spokesman for the MCD, says the agency has interviewed everyone who was present in school that day, including the students. During the inquiry, the principal and the other teachers backed the accused teacher's claim that she did not force Shanno to stand in the sun. If the MCD finds that the teacher was at fault, the case will be handed over to the police. India's National Commission for Protection of Child Rights will make its own recommendations regarding action in this case in the next few days...