The Advantages of Using a Franchising Strategy to Pursue Opportunities

question 31

Multiple Choice

The advantages of using a franchising strategy to pursue opportunities in foreign markets include

• A) having franchisees bear most of the costs and risks of establishing foreign locations and requiring the franchiser to expend only the resources to recruit, train, and support foreign franchisees.
• B) being particularly well suited to the global expansion efforts of companies with multidomestic strategies.
• C) allowing a company to achieve scale economies.
• D) being well suited to companies who employ cross-border transfer strategies.
• E) being well suited to the global expansion efforts of manufacturers.

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Definitions:

Narcissistic Personality Disorder

A mental condition characterized by a long-term pattern of exaggerated self-importance, need for excessive attention and admiration, and lack of empathy for others.

Antisocial Personality Disorder

A mental condition in which a person consistently shows no regard for right and wrong and ignores the rights and feelings of others.

Disregard For Rights

A pattern of behavior that shows a lack of respect or concern for the rights and feelings of others, often seen in antisocial personality disorder.

Histrionic Personality Disorder

A personality disorder in which an individual displays a pattern of excessive emotionality and attention seeking. Once called hysterical personality disorder.