Suppose That Within the Next Four Years McDonald's Wants to Double

question 50

Short Answer

Suppose that within the next four years McDonald's wants to double the number of franchised restaurants in the Toronto area. This is
a short-term goal.
an intermediate goal.
a strategic target.
a long-term goal.
a midrange goal.

---

Definitions:

Design Costs

Expenses associated with the process of creating and developing a plan or specification for the production of objects or systems.

Development Costs

Expenses incurred in the process of developing a new product, project, or solution, including research, design, testing, and implementation costs.

Value Engineering

An organized approach to enhance the value of goods or products and services through a detailed analysis of their functions.

Non-value-added

Activities or processes that do not add value to the product or service from the customer's perspective, leading to unnecessary costs or inefficiencies.