Select Service Partner (SSP) Group Has Operations in 30 Countries

question 230

Multiple Choice

Select Service Partner (SSP) Group has operations in 30 countries involving food and beverage establishments, often in transit hubs such as airports and railway stations. SSP also operates Starbucks locations in airports in Finland, Sweden, and Norway. SSP pays Starbucks a royalty based on sales, as well as a fee for each store. In these instances, Starbucks is engaged in

• A) direct exporting.
• B) indirect exporting.
• C) contract manufacturing.
• D) foreign assembly.
• E) franchising.

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Definitions:

Natural Gas

A fossil fuel used as a source of energy for heating, cooking, and electricity generation, composed mostly of methane.

Mcf

A standard measurement of natural gas volume, equivalent to 1,000 cubic feet.

Cash Flow Analysis

A detailing of how money comes in and how money goes out over a fixed period of time.

Budget

An estimate of income and expenditure for a set period of time.