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Discuss the local responsiveness versus standardization approach that KFC and McDonalds chose for their entry strategies into China. Analyze the TRADEOFFS between the two strategies.
Discuss the local responsiveness versus standardization approach that KFC and McDonalds chose for their entry strategies into China. Analyze the TRADEOFFS between the two strategies. Relate it to the issue of sales, costs, and profitability. Discuss standardization and responsiveness and how those approaches impact costs and sales.
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