McDonalds 3Q Profit Drops 30% as U.S. Sales Fall

The video discusses McDonald's current challenges, including declining sales, trust issues, and price pressures due to inflation and wage hikes. It highlights management changes and new strategies, such as customizable menu options and digital engagement through apps, to appeal to millennials and improve customer experience.

What are some of the strategies McDonald's is implementing to stay relevant in the 21st century?

• Improving the menu and customer experience

• Reducing the number of menu items

• Focusing solely on drive-thru services

• Eliminating all digital marketing efforts

What is one of the reasons for McDonald's recent price increases?

• Lower demand for fast food

• Food and wage inflation

• Decreased competition

• Increased supply of beef

Who is the new head of McDonald's US operations?

• Mike Andre

• Leslie Patton

• Vanessa Wong

• Don Thompson

How is McDonald's trying to appeal to millennials?

• By offering customizable menu items

• By reducing the number of stores

• By focusing on traditional advertising

• By eliminating all digital platforms

What is a key component of McDonald's digital strategy?

• Eliminating the use of apps

• Encouraging customer loyalty through data

• Focusing on in-store promotions only

• Reducing the number of digital transactions