MacDonald

What is franchising?

• The right granted to the buyer to know about the business knowledge, processes, and brand of the seller.

• The right to buy or provide services under the brand name of the seller.

• The right to use the brand name of the seller without paying any fees.

• The right to own the entire business system of the seller.

What are the advantages of Franchising for buyers?

• Support capital, brand recognition, low failure rate, risk reduction.

• Business support, brand recognition, low failure rate, high profit.

• Capital support, brand control, brand awareness, risk reduction.

• Operational support, risk reduction, brand awareness, high profit.

Why did McDonald's choose the Franchising model?

• Expand the market, brand recognition, risk reduction.

• Increase capital, brand control, brand awareness.

• Expand the market, brand recognition, risk reduction, community interaction.

• Increase capital, brand recognition, risk reduction, community interaction.

What is the advantage of the Vietnamese market in McDonald's market expansion strategy in Vietnam?

• Increasing capital, developing systems, brand recognition, risk reduction, community interaction.

• Increasing capital, developing systems, brand recognition, risk reduction.

• Increasing capital, developing systems, brand recognition, community interaction.

• Increasing capital, developing systems, brand recognition.

What model did McDonald's choose GoodDay Hospitality as a Franchisee partner in Vietnam through?

• Franchise Agreement, Purchase Agreement, Service Agreement.

• Development Agreement, Purchase Agreement, Service Agreement.

• Development Agreement, Franchise Agreement, Service Agreement.

• Development Agreement, Franchise Agreement, Purchase Agreement.

What is the most important factor in McDonald's Franchise development strategy in Vietnam?

• Competitive pricing, Strategic location, Diverse products, Advertising, Community interaction.

• Competitive pricing, Strategic location, Diverse products, Promotions, Community interaction.

• Competitive pricing, Strategic location, Diverse products, Advertising.

• Competitive pricing, Strategic location, Diverse products, Promotions.

What is the main challenge that McDonald's may face in Vietnam?

• Cultural preference, Competition, High prices, Health trends.

• Cultural preference, Competition, High prices, Health trends, Community interaction.

• Cultural preference, Competition, High prices, Health trends, Competitors.

• Cultural preference, Competition, High prices, Health trends, Competitors, Community interaction.

How did McDonald's adapt to local preferences in Vietnam?

• Change menu, Participate in local events, Use digital media, Collaborate and sponsor, Competitors.

• Change menu, Participate in local events, Use digital media, Collaborate and sponsor, Community interaction.

• Change menu, Participate in local events, Use digital media, Collaborate and sponsor.

• Change menu, Participate in local events, Use digital media.

What services has McDonald's applied to connect with consumers in Vietnam?

• Order online, Mobile app, Delivery service.

• Order online, Mobile app, Delivery service, Local marketing campaigns.

• Order online, Mobile app, Delivery service, Local marketing campaigns, Partnerships and sponsorships.

• Order online, Mobile app, Delivery service, Local marketing campaigns, Competing rivals.

McDonald's chose GoodDay Hospitality as a Franchisee partner in Vietnam through which model?

• Franchise Agreement, Sales Agreement, Service Agreement.

• Development Agreement, Sales Agreement, Service Agreement.

• Development Agreement, Franchise Agreement, Sales Agreement.

• Development Agreement, Franchise Agreement, Service Agreement.