|
|
|
|
|
by danaris
1664 days ago
|
|
> "Better" for whom? McDonald's is massively successful with $200 billion market cap and its stock essentially only goes straight up. And this is exactly the source of the problem: the idea that the purpose of McDonald's (or any other company) is to provide Number Go Up thrills to its stockholders, rather than to produce a good product, with the profit being the reward for doing so well. |
|
McDonald's goal isn't to produce the greatest burger in the world. It succeeds at the best combination of pretty tasty food, high menu variety, very convenient, generally quick, and low price. It is not #1 at any single attribute (maybe convenience) but the best overall combination.