Several companies and firms fail diee to not having a functional business model that has a profit driven strategy. In light of this assertion, provide a detailed analysis of the business model that McDonald's employs to drive it global franchise operations. Caspers Company McDonald's: Empowering their employees through educationRay Kroc, the founder of McDonald's understood the value of talent: "If we are going to go anywhere,we've got to have talent. And I'm going to put my money in talent," he said. Today, Kroc's philosophyis a guiding principle for McDonald's at the corporate and franchise levels. McDonald's leaders arealways looking for better ways to keep employees engaged and the business moving forward.Embodying this philosophy, the Caspers Company McDonald's restaurants in Florida have long offeredhigh school completion and scholarship programs. And in 2001, the franchise established a tuitionreimbursement program for managers and crew. But as Executive Vice President and Risk Manager,Ed Shaw knows, tuition assistance is only valuable when employees pursue a degree program thatengages them and provides a good return on the investment."Since we started offering tuition assistance, I've seen more and more of our employees gravitatetoward private institutions, which are very expensive," said Ed. "In some cases, one class at a privateinstitution was the same price of an entire semester of community college, so frankly, I was gettingdisenchanted." His point of view is a common one among the 76 percent of employers that reportoffering a tuition reimbursement benefit.According to Ed, the great thing about the College for America program is how relevant the programis to his staff's day-to-day activities. "Our management teams have to get together a lot in person andover the phone, so they have to know how to work together. Many of the [program] competenciesdirectly address collaboration. You don't get this with any other program that I'm aware of," Edexplained. He also pointed out that it's nice to see immediate returns on the educational investment."You don't want to wait two years to see if an employee graduates. It's better when you can helpsomeone do a better job right now and progress quicker."Source: Southern New Hampshire University (2019)

Question

Several companies and firms fail diee to not having a functional business model that has a profit driven strategy. In light of this assertion, provide a detailed analysis of the business model that McDonald's employs to drive it global franchise operations. Caspers Company McDonald's: Empowering their employees through educationRay Kroc, the founder of McDonald's understood the value of talent: &#34;If we are going to go anywhere,we've got to have talent. And I'm going to put my money in talent,&#34; he said. Today, Kroc's philosophyis a guiding principle for McDonald's at the corporate and franchise levels. McDonald's leaders arealways looking for better ways to keep employees engaged and the business moving forward.Embodying this philosophy, the Caspers Company McDonald's restaurants in Florida have long offeredhigh school completion and scholarship programs. And in 2001, the franchise established a tuitionreimbursement program for managers and crew. But as Executive Vice President and Risk Manager,Ed Shaw knows, tuition assistance is only valuable when employees pursue a degree program thatengages them and provides a good return on the investment.&#34;Since we started offering tuition assistance, I've seen more and more of our employees gravitatetoward private institutions, which are very expensive,&#34; said Ed. &#34;In some cases, one class at a privateinstitution was the same price of an entire semester of community college, so frankly, I was gettingdisenchanted.&#34; His point of view is a common one among the 76 percent of employers that reportoffering a tuition reimbursement benefit.According to Ed, the great thing about the College for America program is how relevant the programis to his staff's day-to-day activities. &#34;Our management teams have to get together a lot in person andover the phone, so they have to know how to work together. Many of the [program] competenciesdirectly address collaboration. You don't get this with any other program that I'm aware of,&#34; Edexplained. He also pointed out that it's nice to see immediate returns on the educational investment.&#34;You don't want to wait two years to see if an employee graduates. It's better when you can helpsomeone do a better job right now and progress quicker.&#34;Source: Southern New Hampshire University (2019)

Accepted Answer

The business model is formed by the big business firms to show their purpose, their goals, and their…