An effective way to begin a Kentucky Fried Chicken in China would be to:
A)identify a broker in Singapore to identify sources for Asian venture capital
B)put together a consortium of Western and Asian entrepreneurs to begin the franchise in China
C)develop a joint venture with government bodies in China
D)develop an alliance with another Asian fast-food restaurant, such as the Japanese or Taiwanese, and share the risk in China

Question

Quizplus · Accepted Answer

Developing a joint venture with government bodies in China would provide the necessary support and resources for a successful entry into the Chinese market. The government can assist with regulations, permits, and other legal requirements, as well as provide access to local resources and suppliers. This can also help establish positive relationships with local authorities and communities, which is critical in the Chinese market. Option A and D may not provide the level of support needed for a successful entry, while Option B may be too complex and difficult to execute.

An Effective Way to Begin a Kentucky Fried Chicken in China