An Efficiency Ratio That Deserves More Attention
There's a very simple explanation for the differences in this ratio between McDonalds, Yum and Cracker Barrel - the degree of franchising. McDonalds is 93% franchised, Yum 98%, and Cracker Barrel not at all.
There's a very simple explanation for the differences in this ratio between McDonalds, Yum and Cracker Barrel - the degree of franchising. McDonalds is 93% franchised, Yum 98%, and Cracker Barrel not at all.