For Quite Some Time,Kentucky Fried Chicken (KFC)has Grown Through Providing

question 77

Multiple Choice

For quite some time,Kentucky Fried Chicken (KFC) has grown through providing its service outside the United States.After over two decades of expansion in China,the company is now planning to explore Africa as a new market and expects to double its number of outlets in Africa by 2014.KFC has developed a growth strategy emphasizing:

• A) Share building
• B) Market development
• C) Service development
• D) Diversification
• E) Market integration

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Definitions:

Classical Assumption

In economics, refers to the traditional ideas that free markets function under equilibrium with full employment and price flexibility.

Money Balances

The total amount of money held by an individual or entity at any given time.

Discretionary Monetary Policy

Monetary policy actions that are based on the judgment of policymakers rather than set by predetermined rules, allowing flexibility in response to economic conditions.

Capitalistic Economy

An economic system where trade, industry, and the means of production are largely or entirely privately owned and operated for profit.