Solved

Panera Bread Is a Chain of Cafes Serving Sandwiches, Soups

Question 92

Multiple Choice

Panera Bread is a chain of cafes serving sandwiches, soups, and freshly baked breads.The company began in 1981 with stores primarily located along the east coast of the United States.Since then, the firm has expanded to over 1,300 locations throughout the United States and Canada.The firm has strong earnings and has been designated by Business Week as a "Significant Growth Company." Panera Bread executives are considering the idea of expanding globally by opening cafes in Asia through a franchising strategy.Which of the following, if true, supports the argument that Panera Bread should expand into Asia through franchising?


A) Panera Bread executives want to test the Asian market with a short-term commitment that allows them to make quick profits.
B) Panera Bread executives want fast access to the Asian market without a significant investment of capital.
C) The Panera Bread menu changes rapidly, and each cafe's artisan bread bakers receive regular training on new recipes.
D) The Panera Bread mission is to make excellent bread available to customers around the world.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions