Which of the Following Is a Strategic Implementation Used by McDonald's

question 27

Multiple Choice

Which of the following is a strategic implementation used by McDonald's?

• A)keeping prices low to build market share
• B)altering menu items significantly to match cultural norms
• C)using American managers to run international franchises
• D)forming joint ventures with foreign restaurants to enter new markets

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Definitions:

Indirect Expenses

Expenses that cannot be traced directly to one department.

Percent Of Sales

A financial ratio that compares various components of an income statement to the total sales revenue.

Gross Profit

The difference between sales revenue and the cost of goods sold, before deducting operating expenses.

Sales Journal

A specialized journal used to record all credit sales transactions of a business.