Which of the Following Statements About Operating a U

question 172

Multiple Choice

Which of the following statements about operating a U.S.-based franchise in a foreign country is most accurate?

• A)U.S.-based franchises are most likely to succeed in a foreign market if they use the same strategies and procedures used by franchises in the United States.
• B)There are limited opportunities for U.S.-based franchises to open in foreign countries because,aside from Canada,Mexico,and a small number of European countries,most foreign nations do not allow American-owned franchises to operate within their borders.
• C)The operating costs for franchises in foreign countries may be fairly high,but chances for success are quite good,because competition is likely to be less intense and the customer base in many foreign countries is expanding.
• D)It is difficult for U.S.-based franchises to succeed in most foreign countries because the low incomes of most households in these countries result in weak demanD.Franchises in foreign countries can be more expensive,but this is usually counterbalanced by less competition and a rapidly expanding consumer base.

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Definitions:

Achievement-Oriented Leadership

A leadership style focused on setting challenging goals, emphasizing excellence, and demonstrating confidence in team members' abilities.

Consultation

The process of seeking expert advice or opinions to inform decisions or strategies.

Subordinates

Employees or team members who are lower in the organizational hierarchy and report to a supervisor or manager.

Formal Positions

Recognized or official roles within an organization that come with specific responsibilities and authority.