When KFC Wanted to Enter the Japanese Market,it Contacted Mitsubishi,one

question 32

Multiple Choice

When KFC wanted to enter the Japanese market,it contacted Mitsubishi,one of Japan's largest poultry producers.Mitsubishi provided an understanding of Japanese culture and some of the financing,while KFC provided the rest of the financing and its franchising expertise.The activities of KFC and Mitsubishi took place in the ____ component of the task environment.

• A) sociocultural
• B) strategic partners
• C) suppliers
• D) competitors
• E) economic

---

Definitions:

Model

A simplified representation, often mathematical, of a system or process used to analyze behavior, make predictions, or inform decision-making.

Waste Elimination

The process of identifying and removing unnecessary elements from processes or products to improve efficiency and reduce costs.

Variable Cost

Expenses that change in proportion to the activity of a business, such as costs for raw materials or production inputs.

Experiment

A scientific procedure undertaken to test a hypothesis, discover unknown effects, or demonstrate a known fact, usually under controlled conditions.