Which of the following statements about operating a U.S.-based franchise in a foreign country is most accurate?
A) U.S.-based franchises are most likely to succeed in a foreign market if they use the same strategies and procedures used by franchises in the United States.
B) There are limited opportunities for U.S.-based franchises to open in foreign countries because,aside from Canada,Mexico,and a small number of European countries,most foreign nations do not allow American-owned franchises to operate within their borders.
C) The operating costs for franchises in foreign countries may be fairly high,but chances for success are quite good,because competition is likely to be less intense and the customer base in many foreign countries is expanding.
D) It is difficult for U.S.-based franchises to succeed in most foreign countries because the low incomes of most households in these countries result in weak demanD.

Question

Quizplus · Accepted Answer

While it is true that some foreign countries do not allow American-owned franchises to operate within their borders, there are still many opportunities for U.S.-based franchises to expand globally. Additionally, using the same strategies and procedures as in the United States may not be effective in all foreign markets. However, the operating costs for franchises in foreign countries may be higher, but the potential for success is also high due to less competition and expanding customer bases. It is not necessarily true that low incomes in foreign countries lead to weak demand, as there are many factors that affect demand.

Which of the Following Statements About Operating a U