How did companies like Mcdonalds and Wal-mart and Starbucks get so big what is the secret to getting that big?

Answer 1

Among the three companies, I think the common element is that they expanded as fast and as far as possible. Drive down an interstate and there is a McDonalds at almost every exit. In a suburb Starbucks is at every strip mall. And almost every town has a Walmart. If you ever have a desire to eat a burger, drink a latte, or buy cheap imported goods, you are never far from the #1 place to buy these things.

Other than that, they are different businesses so they have different paths to success. McDonalds was the first restaurant to have standardization, where every restaurant has to prepare the food the same way. So a Big Mac in LA is exactly the same as a Big Mac in Tulsa OK. Starbucks also does this, and I have never seen a Starbucks or McDonalds with a regional item. With consistent quality (or lack thereof) and for the most part, consistent prices, customers know what they are getting from any one of their stores.

Walmart uses its size to buy large quantities of goods for lower wholesale prices. This allows them to have lower prices than smaller local shops which do not have as much buying power. People will use a lot of gas to drive across town and save $10 on their shopping.

Answer 2

Hasn't anyone noticed that when corporations paid higher taxes and were regulated by the Government (especially when they became monopolies) that THE USA had the highest standard of living in the history of the PLANET? Unregulated Capitalism always ends up with the same end result. The top 1/10th of 1 percent has all the money. The rest are debtors. Have you noticed that that is where we are now? The average American is deeply in debt not even counting the $30,000 each that they owe from the GW Bush Presidency...Maybe it is because their High-schools did not explain the monetary system to them... Or they skip the business page in their newspapers...Who knows? BUT. They will pay though even if they do not understand it!!! Ask the Argentinians how they liked repaying their crooked politicians debts!

Answer 3

They take whats in pop culture today, and match it with low prices and fast service. Add a cool logo and theyre golden.

See how the coffee craze hit america, but people didnt like doing the stuff with the beans and so they wanted fast coffee, a buisness owner thoght of this, and BAM.
Starbucks is born.

Answer 4

Wal Mart got big lying to it;s customers. In the late 80's early 90's they advertised "buy amercan" and then they bought everything from china. My wife knows, she was on the board of directors from 1986 to 1992.

Answer 5

Hello, I strongly encourage you to read this book "Why we want you to be rich!" by Robert T Kiyosaki and Donald Trump.

Inside that book lies the answer of why these companies are big. I give you some keywords to look our for. "Leverage" and "system"

Happy reading!

Answer 6

they start small , get better every day ,grow& get bigger by innovation of thought & output
in recent past there are numerous companies (I know in India) which have done wonders in growth