Hydralicious, a Juice Bar, Has Been Looking to Expand Its

question 57

Multiple Choice

Hydralicious, a juice bar, has been looking to expand its business. The company has given a few entrepreneurs in different locations the license to operate under its name. The entrepreneurs have permission to use the company's reputation and the business model to run operations. The entrepreneurs will be charged a fee, but they will also get a percentage of the profits. Which of the following strategies is Hydralicious most likely to be using?

• A) Chaining
• B) Horizontal merger
• C) Vertical merger
• D) Franchising
• E) Centralization

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Definitions:

Performance Goal

Objectives oriented toward demonstrating competence or ability in a specific task.

Self-Efficacy

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Need For Achievement

A psychological trait that drives an individual to pursue and attain goals.

Performance Goal

Goals oriented towards demonstrating competence and being judged favorably by others.