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    Contemporary World Quiz 2 10 - 10 PDF

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    Ruel Gonzales
    KFC was founded by Colonel Harland Sanders in Kentucky in the 1930s. He began franchising the business in 1952, and by 1963 there were over 600 KFC franchises across North America. The success of KFC's global expansion demonstrates how corporations can take advantage of opportunities to expand internationally.

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    Contemporary World Quiz 2 10 - 10 PDF

    Uploaded by

    Ruel Gonzales
    1K views1 page
    KFC was founded by Colonel Harland Sanders in Kentucky in the 1930s. He began franchising the business in 1952, and by 1963 there were over 600 KFC franchises across North America. The success of KFC's global expansion demonstrates how corporations can take advantage of opportunities to expand internationally.

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    CONTEMPORARY WORLD QUIZ 2 10_10.pdf

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    KFC was founded by Colonel Harland Sanders in Kentucky in the 1930s. He began franchising the business in 1952, and by 1963 there were over 600 KFC franchises across North America. The success of KFC's global expansion demonstrates how corporations can take advantage of opportunities to expand internationally.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views1 page

    Contemporary World Quiz 2 10 - 10 PDF

    Uploaded by

    Ruel Gonzales
    KFC was founded by Colonel Harland Sanders in Kentucky in the 1930s. He began franchising the business in 1952, and by 1963 there were over 600 KFC franchises across North America. The success of KFC's global expansion demonstrates how corporations can take advantage of opportunities to expand internationally.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    KFC was founded by Colonel Harland Sanders, an entrepreneur who began selling fried chicken

    from his roadside restaurant in Corbin, Kentucky during the Great Depression. Sanders
    identified the potential of the restaurant franchising concept, and the first "Kentucky Fried
    Chicken" franchise opened in Utah in 1952. By 1963, Sanders was fielding franchise requests
    without having to put in the legwork, and had more than 600 restaurants across the US and
    Canada selling Kentucky Fried Chicken. Years later, Kentucky Fried Chicken would establish its
    own restaurants around the world, and the rest is history. The success of KFC as a business is
    what attribute of global corporations?
    - Value opportunity to expand

    In his book, The Modern World System, American sociologist Immanuel Wallerstein described
    high-income nations as the ____ of the world economy.
    -  Core

    The Millennium Development Goals were the eight international development goals created by
    the United Nations for the year 2015 to address the different problems in the world. Which of
    the following ranked first in the eight development goals?
    - Eradicate extreme hunger and poverty

    The United Nations defines _____ as a condition characterized by severe deprivation of basic
    human needs including food, safe drinking water, sanitation facilities, health, shelter, education
    and information.
    - Extreme poverty

    Which of the following statements is not true?


    - Membership in the regional development banks is limited to countries from the region.

    The level of personal or family income below which one is classified as poor according to
    governmental standards:
    - Poverty line

    Which of the following statements is not true?


    - Economic globalization is the independence of world economies as a result of the growing
    scale of cross-border trade of commodities and services.

    The term international financial institution typically refers to the International Monetary Fund,
    the World Bank Group, the African Development Bank, the Asian Development Bank, the Inter-
    American Development Bank, and the European Bank for Reconstruction and Development.
    The last five banks are considered MDBs. What does MDBs stand for?
    -  Multilateral Development Banks

    With around 20,000 stores in 63 countries, Starbucks, the world's most popular coffee house
    has made its mark from Brazil to China, where many thought it would fail to take off due to the
    cultural importance of tea drinking. The company has gone to great lengths to make sure that
    every Starbucks feels like a local coffee house, without losing brand consistency. For example,
    in China, a regional dislike for coffee was combatted with coffee-free drinks, whilst stores in
    Asia feature more adaptable seating arrangements to cater for larger groups. This effort is what
    attribute of a global corporation?
    - Understand different cultures

    Which of the following is not true about the history of global market integration?
    - The high costs of and the risks associated with long voyages did not limit trade to a relatively
    small set of commodities of high value relative to their weight and bulk.

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