Question

Pizzaria, a renowned restaurant in Italy, enters into an agreement with Ruth's Pizza House in the United States to operate a chain of restaurants. Ruth's will provide capital for running the chain and Pizzaria will contribute its world-renowned expertise on consumer tastes. In this case, Pizzaria enters a foreign market through ________.

Answer 1

Answer:

Management contracting

Explanation:

Contracting management is a procurement route wherein the functions are built by a wide range of different contractors who have been contracted to a management contractor.

The client generally appoints the Management Contractor early in the design phase to use their understanding to enhance the cost and buildability of proposals as they develop, as well as recommendation on packaging.