Which Approach to Retail Expansion Is Most Appropriate When Targeting

question 86

Multiple Choice

Which approach to retail expansion is most appropriate when targeting a country that management considers both culturally close and easy to enter?

• A)organic growth
• B)chain acquisition
• C)franchise
• D)joint venture
• E)own-label focus

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Definitions:

Adaptive Behavior

The collection of conceptual, social, and practical skills that people learn and use in their daily lives to function effectively and meet societal standards.

Determinists

Philosophers or theorists who believe that all events, including human actions, are ultimately determined by causes external to the will.

Abnormal Behaviors

Actions or behaviors that deviate significantly from what is generally understood to be normal or typical within a society or cultural context.

Past Experience

The accumulation of knowledge or skill that an individual gains through involvement in events or activities in their life history.