The Tim Hortons Chain Accounts for More Than Half of All

question 128

Multiple Choice

The Tim Hortons chain accounts for more than half of all the donut and coffee stores in Canada. The chain's red-and-white store banners are fixtures in many Canadian communities. In 2001, the first Tim Hortons appeared in the United States through a contractual agreement allowing an independent operation to adopt Tim Hortons' entire way of doing business. This agreement is an example of a(n) ________.

• A) direct investment
• B) franchise
• C) export merchant
• D) strategic alliance
• E) joint venture

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Definitions:

Values and Principles

Fundamental beliefs and guidelines that dictate the behavior and actions of an individual or organization.

Right from Wrong

The ability to distinguish ethical behavior from unethical behavior based on moral principles.

Ethical Justifications

The reasoning provided to explain why a particular action or decision is morally right.

Self-Serving Decisions

Choices made with the primary aim of benefiting oneself, often at the expense of others or ethical considerations.