How did McDonald's attempt to address the cultural differences around the world in selling its product?
What will be an ideal response?
For example, McDonald's designed its restaurants in France to blend in with the local architecture as well as adding menu items appealing to the customers.
You might also like to view...
Internal markets
A) are used to determine a transfer price. B) are common in corporate America. C) are part of a firm's vertical network. D) all of these choices.
Assume in a private closed economy that the equilibrium level of income is $380 and the MPS is .25. Now suppose government collects taxes of $50 and spends the entire amount. As a result:
A. the equilibrium level of real income and the price level will both remain unchanged. B. the equilibrium level of income will remain unchanged. C. the equilibrium level of income will rise to $420. D. the equilibrium level of income will rise to $430.
Which of the following is a positive economic statement?
A) People should use public transportation more often. B) The government should ban diesel engines in automobiles. C) Due to a decrease in state funding, university tuition has risen. D) Foreign citizens should not be allowed to work without a work visa.
If a firm's total costs are $100 when 10 units of output are produced and $105 when 11 units of output are produced, the marginal cost of the 11th unit is
A. $1. B. $3. C. $5. D. $9.36.