In Holland, KFC Makes a Potato-And-Onion Croquette, While in France

question 76

Multiple Choice

In Holland, KFC makes a potato-and-onion croquette, while in France it sells pastries alongside chicken.KFC:

• A)has centralized its business processes to enable it to provide the services mentioned.
• B)assumes that consumer needs and desires vary by country.
• C)assumes that the world is flat.
• D)sells the same products in the same way in every country.
• E)is following the cost-leadership strategy.

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Definitions:

Contract Price

The price agreed upon by the contracting parties as the amount to be paid for the fulfillment of the contract obligations.

Equitable Warranties

Legal promises implied by law that ensure fairness and the truthful disclosure of important information typically in property transactions.

Due-on-sale Warranties

Clauses within a mortgage agreement that require the full loan amount to be repaid if the property is sold.

Express Warranties

Explicit promises made by a seller about the quality, condition, or performance of goods being sold.