A McDonald's Hamburger That Tastes the Same at Any Location

question 1

Multiple Choice

A McDonald's hamburger that tastes the same at any location in the world is an example of which of the following benefits to the franchisee?

• A) Recognized standards
• B) Marketing expertise
• C) Efficiency
• D) Professional guidance

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Definitions:

Authoritarian States

Nations governed by a single ruler or a small group of individuals, where individual freedoms and democratic processes are limited.

Government Allocates

This term signifies the process by which a government distributes resources or funds among various departments, projects, or areas of need within the country.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.

Market-based Economy

An economic system where prices and the distribution of goods are determined by supply and demand in a free market.