Which of the Following Statements Best Summarizes the Experience of American

question 7

Multiple Choice

Which of the following statements best summarizes the experience of American franchisors in foreign countries?

• A) Very few American franchisors of any size have had success in international markets.
• B) Large franchisors have had success in other nations, but newer and smaller franchisors have lacked the financial strength and reputation to succeed in global markets.
• C) The only nations in which American franchisors have achieved any success are Great Britain and Mexico.
• D) Both large and small franchises have found success in foreign countries by providing convenience and a predictable level of service and quality.

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Definitions:

Binding Decision

A final and definitive decision or judgement that obligates the parties involved to adhere to its terms.

Dispute

A disagreement, conflict, or argument, especially one that may lead to formal proceedings or require resolution through negotiation or legal means.

Alternative Dispute Resolution

A term referring to various methods of resolving conflicts and disputes without traditional litigation, such as arbitration or mediation.

Mediation

A conflict resolution technique involving a neutral third party who helps disputing parties find a mutually acceptable solution.