McDonald's is one of the world's largest restaurant chains, founded in 1940 in the US. It now operates over 36,000 outlets serving 68 million customers daily in 119 countries. McDonald's employs over 1.5 million people globally, making it one of the largest private employers. While known for its quality, cheap prices, and customer service, McDonald's faces threats like changing consumer preferences, health concerns, and strong competition. Going forward, McDonald's will need to balance expanding into new markets while managing potential risks to its brand from health and societal issues.