The Tim Hortons chain accounts for more than half of all the donut and coffee stores in Canada. The chain's red-and-white store banners are fixtures in many Canadian communities
In 2001, the first Tim Hortons appeared in the United States through a contractual agreement allowing an independent operation to adopt Tim Hortons' entire way of doing business. This agreement is an example of a(n)________.
A) direct investment
B) franchise
C) export merchant
D) strategic alliance
E) joint venture
B
Business
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A life insurance company organized in Pennsylvania, with its home office in Philadelphia, is licensed to conduct business in New York. In New York, this company is classified as
A) a domestic company B) a foreign company C) a regional company D) an alien company"
Business
Cultural sensitivity only applies to international communication
Indicate whether the statement is true or false.
Business