Reference no: EM132181578
1. Ray Kroc purchased an existing small business that used specific equipment to turn out products that were always consistent. He bought the name of the business and its uniform methods of preparation. and founded McDonalds. The success of McDonalds came because Kroc:
a. purchased the name of the business
b. had the capital to purchase the equipment
c. recognized potential in an existing business
d. knew that the public wanted hamburgers and milkshakes
2. Lead guitarist Steve Jones of punk rock groundbreakers The Sex Pistols described the beginnings of the group: “That’s actually how we got our sound, I couldn’t play and Johnny Rotten couldn’t sing, and it created this horrible noise.” What does this exemplify?
a. How a narrow exposure to types of music can limit success
b. How hard work and perseverance can pay off in the long run
c. How addressing a problem can lead to the discovery of a solution
d. How curiosity about music can lead to the formation of a new band