McDonalds offers a contractual business arrangement in various countries around the world. McDonalds is an example of a(n) international ______.
A) merger
B) franchise
C) acquisition
D) not-for-profit corporation

Question

Quizplus · Accepted Answer

McDonalds is a franchise, which is a contractual business arrangement where the franchisor (McDonalds) grants the franchisee the right to use their business model and brand name in exchange for fees and royalties. Franchises can operate in multiple countries, making them an international business model. Mergers and acquisitions involve the combining of two or more companies, and not-for-profit corporations are organizations that do not earn profits for their owners or shareholders.

McDonalds Offers a Contractual Business Arrangement in Various Countries Around