Which of the Following BEST Explains Why Burger King Has

question 49

Multiple Choice

Which of the following BEST explains why Burger King has developed such a strong presence in many of the small countries of Latin America and the Caribbean?

• A)These business environments allowed Burger King to take advantage of economies of scale.
• B)These countries are close to a Burger King's headquarters.
• C)These countries offered greater mobility of funds than countries in the European Union.
• D)Unlike the BRIC countries, these business environments did not require escalation of commitment.

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Definitions:

Income

The income earned, usually periodically, from labor or investment returns.

Prices

The sum of money anticipated, needed, or provided as payment for an item.

Utility Function

A mathematical representation that ranks preferences over a set of goods and services, showing the level of satisfaction or utility a consumer receives.

Income

Revenue received, on a consistent basis, from occupational or investment sources.