Part of the Growth Strategy for Yum! Brands, the Parent

question 270

Multiple Choice

Part of the growth strategy for Yum! Brands, the parent company of KFC, Pizza Hut, and Taco Bell, is expansion of its current fast-food businesses into new markets, such as China, Russia, and India. This type of expansion would be a __________ strategy.

• A)product development
• B)market penetration
• C)diversification
• D)market development
• E)market saturation

Grasp the procedure for developing various components of the master budget, including sales, production, and purchase budgets.

Understand the principles of activity-based budgeting and its application.

Recognize the importance of budgeting in corporate planning and control and identify various types of budgets.

Calculate the impact of depreciation and equipment purchases on budgeted financial statements.

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Definitions:

Blood Circulated

The continuous movement of blood through the heart and blood vessels, which delivers nutrients and oxygen to the body while removing waste products.

William Harvey

William Harvey was a 17th-century English physician who made groundbreaking contributions to anatomy and physiology, notably describing the circulatory system and the motion of blood in the body.

Astrology

The study of the movements and relative positions of celestial bodies interpreted as having an influence on human affairs and the natural world.

Nonscientific Belief

A belief system or opinion that is not based on the scientific method or empirical evidence, often found in cultural, religious, or personal beliefs.