What Did Ray Kroc Do When He Franchised McDonald's That

question 4

Multiple Choice

What did Ray Kroc do when he franchised McDonald's that set the bar for future franchise operations?

• A) He provided training and support to franchisees to ensure that quality would be consistent in every McDonald's restaurant.
• B) He licensed the McDonald's name to a wide variety of products such as hats and shirts.
• C) He sold franchises in competing territories to encourage franchise owners to compete and come up with new innovations for the company.
• D) He improved the quality of hamburgers and customer service.

Comprehend the differences between paper, web, and electronic resumés in terms of design and content.

Recognize the importance of formatting and content strategies to improve scannability and attractiveness of resumés to employers.

Distinguish between different types of resumés and their purposes.

Understand the role of a summary statement and its impact on capturing attention.

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Definitions:

Independent Variables

Variables in an experiment or observational study that are manipulated or categorized to observe their effect on dependent variables.

Dependent Variable

The variable in a study or experiment that is expected to change in response to changes in the independent variable.

Multiple Regression Equation

An equation that models the linear relationship between a dependent variable and multiple independent variables.

Expected Value

A measure of the central location of a random variable.