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wikiHow
WikiHow is an online web page society made up of detailed database information on how-to-use or guides. It is a project for open-source information or materials that include permission to use the product’s source code, development documents, or content. It mostly refers to the open-source model where open-source software is released as part of the open-source software project under an open-source license such as WikiHow.
The purpose of this business or website is mainly to make a profit, to create the most useful how-to instructions in the world so that everyone in the world can actually learn how to do something with updated recommendations in several languages, and also to run social projects.
WikiHow is a single trader founded on January 15, 2005, by Jack Herrick. A hybrid organization that combines elements, value systems, and activity concepts (e.g. social effect and revenue technological revolution) from the government, private and voluntary sectors.
The size of WikiHow business is it counts as a large type of business. It depends on the public registered to make their own manuals or guides. In February 2005, WikiHow had much more than 35.5 million registered visitors and by August 2017, it had more than 190,000 free products and more than 1.6 million registered users.
The scale of this business is now Global. People around the world have been sharing their knowledge about something that other people don’t know about.WikiHow has reached their aims to build the most helpful instructions in the world so everyone in the world can know how to do it with new suggestions in multiple languages and also manage social programs.
McDonald
McDonald’s Company is a fast food business in the United States mainly known for its hamburgers, cheeseburgers, French fries, and also its steak, breakfast items, beverages, milkshakes, wraps, and desserts. It has 37,855 + locations around the world making McDonald’s the second-biggest fast-food restaurant chain.
The purpose of this business mainly is to make a profit. Also, they wanted to show the importance of customers in the long term view while keeping the business as having a major impact on their food and drink purchase choices.
McDonald’s is a partnership business established in 1940 as a restaurant in San Bernardino, California, United States. It is owned by two brothers by name of Richard and Maurice McDonald.
They rebuilt the business as a hamburger store and eventually transformed the company into a franchise, introducing the Golden Arches logo in 1953 at a Phoenix, Arizona place.
McDonald’s is a large type of business well-known around the world. In 2018, they had to employ more than 210,000 people which makes McDonald’s the second-largest private employer in the world with 1.7 million employees behind Walmart with 2.3 million workers.
In the beginning, McDonald’s started with only one shop in San Bernardino, California, United States. But now, McDonald’s has grown and it is around the globe in 120 nations and regions, serving 68 million clients every day with 37,855 restaurants throughout the world.
Comparison between WikiHow and McDonald
Activities
Both of these businesses make a profit but with different services. WikiHow is a website that is helping the general public to get to know the instructions on making some things. Whereas Mcdonald’s is a fast food shop that sells foods, beverages, salads, nuggets, and many more.
Purpose
These businesses have the same main purpose of making money for their owners or investors. Other than that, these businesses also have other purposes as well. For wikiHow, they wanted to develop the world’s most helpful how-to guides. Whereas for Mcdonald, they wanted to demonstrate the long-term value of customers to their business.
Ownership
WikiHow is a sole trader which is meant the business is owned by only one person. The owner keeps the income after paying all costs and taxes. However, Mcdonald’s is a partnership business owned by 2 people and more. The owner shares his obligations, income, expectations, and decisions.
Size
Both of these businesses are large types of businesses. WikiHow depends on the public who registered to make their own guides whereas Mcdonald employed more than 210,000 people around the world.
Scale
Both of these businesses are Global types of business. WikiHow is a website that opens worldwide. Their website is open to the public who needs any instructions on how to do anything. Whereas McDonald’s opened 37,855 restaurants throughout most of the world.
Evaluate how a business organization has responded to changes in the business environment
WikiHow is an internet website-style group made up of a comprehensive how-to link database established in 2005 by internet entrepreneur Jack Herrick. It is a collaborative organization founded for a social purpose, a for-profit company, and also a project of open-source material. The site aims to create the most helpful guidance on how to do something in the world.
Nowadays, technology is very important because it is used for almost everything and like it all. In today’s world, people can not live without technological developments like television, mobile phones, computers, and so on.
As the advancement of technology is keenly increasing, wikiHow knows how to respond or deal with technological advancement and the customers. Today, the general public expects a fast and direct response to any of their questions. WikiHow is 24 hours open, a worldwide website that anyone who requires any guidance or wants to know how to do can easily access to the website.
From people accessing the website to the general public who are licensed to give any manuals, Wikihow also can achieve their business goals and manage to reach their profits. When the general public searches for any guides, there will be a pop-out advertisement By pop-out advertisements, they can easily get their profits.
Lastly, WikiHow has already accomplished to respond to the advancement of technology and consumers by ensuring the general public makes use of their websites. More and more pop-out advertisements increased. Most of the public has made a license, before making any manuals or guides to share with the world. Importantly, they have achieved their goals of the business.
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