Dietizza Is a Fast-Food Network That Makes Low-Calorie Pizzas

question 12

Multiple Choice

Dietizza is a fast-food network that makes low-calorie pizzas. As the firm wishes to expand its operations in different locations, it has licensed a few entrepreneurs to open Dietizza outlets under the company's trademark. The entrepreneurs will take up the responsibility of costs, while Dietizza will assist them in running operations. The company will receive royalty payments and a percentage of profits from the entrepreneurs. Which of the following concepts is illustrated here?

• A) Exporting
• B) Franchising
• C) Wholly owned subsidiary
• D) Strategic alliance
• E) Joint venture

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Definitions:

Gamma Rays

High-energy electromagnetic radiation of a very short wavelength, often produced by radioactive atoms and in astronomical phenomena.

Energy Input

The amount of energy introduced into a system or process to achieve a desired output or maintain operation.

Energy Output

The amount of energy produced by a system, process, or device.

Natural Radioactivity

The phenomenon by which certain elements spontaneously emit radiation as a result of the decay of their atomic nuclei.