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Scenario 9.2
Use the following to answer the questions.
KFC opened its first franchised restaurant outside of North America in England in 1964.Now,over a billion KFC chicken dinners are sold annually at more than 80 countries and territories around the world.KFC has established its own processing plants in these countries to ensure the quality of its chickens and other food items.In the U.S. ,the menu at KFC is usually the same in all restaurants,with only a very few additional items available in different regions.However,when KFC first franchised into Asian countries,it added many unusual local delicacies to the menu-items such as fried octopus and squid.Additionally,the franchised stores in Asian countries display cooked food in "plates" near windows at the front of the store.This is a tradition for many restaurants in these countries-to offer the customer passing by a preliminary view of their product.
-Refer to Scenario 9.2.Which of the following alliances will KFC most likely utilize to guide its business transactions in Japan and China?
Condition Breached
When a specific condition or term in a contract is violated or not fulfilled as agreed.
Damages
Financial compensation awarded by a court to a party who has suffered loss or injury due to the actions or negligence of another party.
Obligations
Duties or responsibilities imposed by law, contract, or moral imperatives, often requiring action or forbearance.
Frustrates Contract
Describes a situation where unforeseen events make the fulfillment of a contract impossible, excusing all parties from their obligations and terminating the contract.
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