HungryFrank, a Small Eatery Based in the U

question 75

Multiple Choice

HungryFrank, a small eatery based in the U.S. was reporting losses and wanted to turn its business around. It decided to start using the same name and menu as JoeClub, a popular Italian restaurant, instead if its own. HungryFrank agreed to pay royalty fees to JoeClub to be able to use its menu and name. This form of agreement is an example of _____.

• A) direct foreign investment
• B) exporting
• C) licensing
• D) protectionism

---

Definitions:

Ingroup Bias

The tendency for people to give preferential treatment to others they perceive to be members of their own groups.

Just-world Phenomenon

The cognitive bias to believe that the world is inherently fair and that all individuals get what they deserve, leading to rationalizations of injustice.

Outgroup Homogeneity

The tendency to view members of an outgroup as more similar to each other than members of one's in-group, often leading to stereotypical perceptions.

Ingroup Bias

The tendency for people to give preferential treatment and display more positive attitudes towards individuals who are members of their own group.