McDonald's Operates Through a Franchising System Wherein the Head Office

question 87

Multiple Choice

McDonald's operates through a franchising system wherein the head office uses strategic and financial controls to ensure that the franchises are creating the greatest possible value.This is an example of a(n) :

• A) worldwide product divisional structure.
• B) strategic network.
• C) SBU multidivisional structure.
• D) simple structure.

Recognize the impact of technology developments on training needs within organizations.

Understand the strategic focus of training programs in the context of organizational changes and expansions.

Understand the benefits of training and development within organizations.

Comprehend the steps involved in the performance management process and its linkage with training and development.

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Definitions:

Direct Forecast

predicts future trends or behaviors directly from past and present data without the use of intervening variables.

Indirect Forecast

A forecasting method that uses related indicators or market conditions, rather than direct measures, to predict future trends or demands.

Buyers' Intentions Forecast

The process of predicting future purchasing actions of consumers based on various indicators and market trends.

Sales Forecast

A projection of future sales revenue, often based on historical data, market analysis, and expected market trends.