The "Reaching Beyond Our Borders" box in Chapter 2, explains the changing business climate in other nations. What kinds of experiences are U.S. based companies facing abroad?
A)Companies are only benefitting when they set-up business in a nation with a similar economic and/or political system as the home-based business.
B)Companies such as U.S. based General Motors is competing well in Japan, but having a difficult time in Mexico.
C)For some food franchisors such as Yum Brands, the economic and political systems are not preventing them from growing the business abroad.
D)Differentiating oneself abroad is detrimental because socialist nations seek equality, even in food products and advertising.

Question

Quizplus · Accepted Answer

The "Reaching Beyond Our Borders" box states that some U.S. based companies, such as Yum Brands, have been successful in expanding their business abroad despite economic and political differences in other nations. Option A is incorrect because it suggests that companies can only benefit in nations with similar economic and political systems as the home-based business. Option B is not entirely correct as it only provides one example of a company's experience in a specific nation. Option D is incorrect as it makes an inaccurate statement about socialist nations seeking equality even in food products and advertising.

The "Reaching Beyond Our Borders" Box in Chapter 2, Explains