McDonald's Is an Example of a Firm That Uses _____

question 104

Multiple Choice

McDonald's is an example of a firm that uses _____.

• A) wholly owned subsidiaries
• B) a franchising strategy
• C) turnkey contracts
• D) a licensing strategy

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Definitions:

Differentiation

The process of making a product or service stand out from competitors by emphasizing its unique qualities.

Cadillac Escalade

A luxury SUV brand produced by General Motors, known for its spacious interior and premium features.

Hybrid

Refers to a combination of two different elements, often used in the context of vehicles or technology, that blends traditional and innovative components.

Advocacy Advertisement

A marketing approach used by companies to promote their stance on social, economic, or political issues.