Comparative Analysis of Chain Business Model in Catering Industry: Evidence from McDonald’s and Starbucks
Theses authors contributed equally
- DOI
- 10.2991/aebmr.k.220603.178How to use a DOI?
- Keywords
- McDonald’s; Starbucks; Company-operated; franchise; marketing mix
- Abstract
This paper aims to summarize the impact of company-operated model and franchise on enterprises which is important for chain operation companies to choose appropriate strategy. This paper chooses McDonald’s and Starbucks as samples and uses 4Ps model and data comparison from company’s financial statements to conclusion the characteristics of company-operated model and franchise. The analysis shows that franchise can increase the expansion speed and lower the cost while the company-operated model can build better brand image and strengthen management. This paper provides implications for companies to deepen the understanding of franchise and company-operated model and make corresponding adjustments according to their own situation to obtain better development.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Yue Ma AU - Xinyi Wang AU - Siqi Zhao PY - 2022 DA - 2022/07/01 TI - Comparative Analysis of Chain Business Model in Catering Industry: Evidence from McDonald’s and Starbucks BT - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022) PB - Atlantis Press SP - 1104 EP - 1110 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220603.178 DO - 10.2991/aebmr.k.220603.178 ID - Ma2022 ER -