The Advantages of Using a Franchising Strategy to Pursue Opportunities

question 49

Multiple Choice

The advantages of using a franchising strategy to pursue opportunities in foreign markets include

• A)franchisees bear most of the costs and risks of establishing foreign locations,and the franchisor is required to expend only the resources to recruit,train,and support foreign franchisees.
• B)its being particularly well suited to the global expansion efforts of companies with multicountry strategies.
• C)the ability to build multiple profit sanctuaries.
• D)its being particularly well suited to companies that employ cross-market subsidization.
• E)its being particularly well suited to the global expansion efforts of manufacturers.

---

Definitions:

Web Resumé

A digital version of a CV or resume hosted online, showcasing an individual's professional background and skills.

Credentials

Qualifications, achievements, personal qualities, or aspects of a person's background, used to indicate their suitability for something.

Keywords Section

Part of a document or web page optimized for search engine rankings, including important terms relevant to the content.

Electronically Scanned

The process of analyzing documents or objects with electronic devices to convert information into digital format.