lin, an entrepreneur in shanghai, wants to open up a kfc restaurant there. the best business model for him…

lin, an entrepreneur in shanghai, wants to open up a kfc restaurant there. the best business model for him to use for this purpose is a(n) __________. a. franchise b. joint venture c. turnkey project d. wholly owned subsidiary e. foreign direct investment

lin, an entrepreneur in shanghai, wants to open up a kfc restaurant there. the best business model for him to use for this purpose is a(n) __________. a. franchise b. joint venture c. turnkey project d. wholly owned subsidiary e. foreign direct investment

Answer

Brief Explanations:

KFC is a well - known global fast - food chain that operates through franchising. A franchise allows an entrepreneur to use the brand name, business model, and support systems of an established company. In this case, Lin can use KFC's brand recognition, standardized operating procedures, and marketing support by becoming a franchisee. Other options like joint ventures, turnkey projects, wholly - owned subsidiaries, and foreign direct investment are not as suitable for opening a single KFC restaurant as they are more complex and not the typical business model for such a venture.

Answer:

A. franchise