In Of Ethics and Entrepreneurship: The Richard M. Devos Story,the authors compare the structure of Amway to
Question:
In "Of Ethics and Entrepreneurship: The Richard M. Devos Story,"the authors compare the structure of Amway to McDonald, stating which of the following as a similarity?
Amway controls 100% of the distribution process from start tofinish and assumes all the risk involved in pushing their productto consumers. | ||
Amway and its distributors function similarly to the wayMcDonald's does at its corporate level with its indvidually ownedMcDonald's franchises. The pride and risk of ownership drivesdistributors to increase sales and provide quality customerservice. | ||
Amway holds a monopoly in the household cleaner category,allowing them to drive up prices solely to increase profits. | ||
All of the above is correct. |
Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich