McDonald's has grown its brand equity over the years through strategic marketing activities and adapting to different economic environments. It has enhanced its brand by choosing smart brand elements, conducting holistic marketing campaigns, gaining mass popularity, and expanding through brand extensions. McDonald's has also changed how it operates in different economic times and regions by localizing its offerings and adapting its policies when needed. Going forward, some risks McDonald's may face include increasing public health concerns about obesity, potential food safety issues, rising competition, maintaining quality during rapid expansion, and properly training employees. However, these risks can be mitigated through careful monitoring and adapting strategies as needed.