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.

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Definitions:

Condescending Behaviour

Actions or attitudes demonstrating an implied sense of superiority over others, often manifesting in patronizing or derogatory manners.

Egocentricity

A cognitive trait where individuals have difficulty understanding or considering perspectives other than their own.

Superiority

The condition or belief of being superior, higher in status, or of higher quality than others.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification of officially recognized psychiatric disorders, used by clinicians for diagnosis.