Global popularity refers to widespread recognition and acceptance on a global scale. In the case of McDonald's, it signifies its extensive presence across numerous countries and its appeal to diverse populations worldwide.
Related terms
Brand Recognition: Brand recognition refers to how well consumers can identify and associate a particular brand with its products or services.
Consumer Behavior: Consumer behavior encompasses the actions and decision-making processes that individuals go through when purchasing goods or services.
Market Saturation: Market saturation occurs when there is limited room for growth in a specific market due to high levels of competition or maximum potential customers already being reached.