In Order to Have a Presence in South Africa, While

question 78

Multiple Choice

In order to have a presence in South Africa, while avoiding development costs and risks associated with setting up a base in a foreign market, Chic-Fill-A decided to use _____ to open a number of restaurants in South Africa.

• A) licensing
• B) direct ownership
• C) a strategic alliance
• D) exporting

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Definitions:

Permissive

Describes a parenting or authority style that is lenient, allowing considerable freedom and few restrictions.

Self-Control

The ability to regulate and manage one's actions, feelings, and emotions in the face of temptations and impulses.

Self-Reliance

Depending on one's own capabilities, judgment, or resources rather than those of others.

Midlife Transition

A period of life, often occurring between ages 40 and 60, where individuals reassess their goals, achievements, and values.