In global business strategy, how does a franchise company typically organize its functions?

In global business strategy, a franchise company often organizes its functions in a manner that allows for both localized operational effectiveness and centralized strategic oversight. The choice indicating dispersed production, marketing, and human resources while maintaining centralized strategic management and finance/accounting highlights this balance perfectly.

Franchise models thrive on local adaptation because they need to respond effectively to the specific preferences and cultural nuances of different markets. By dispersing production, marketing, and human resources, franchise companies can ensure that their products or services resonate better with local customers, and that the human resources practices align with local labor regulations and practices.

On the other hand, centralizing strategic management and finance/accounting provides a consistent framework and governance model that can ensure that all franchise operations align with the overall corporate strategy and financial health of the company. This centralized approach allows for effective resource allocation, risk management, and brand consistency across various markets, which is crucial for maintaining control and ensuring franchisee compliance.

Thus, option D accurately encapsulates how a franchise company operates globally—leveraging local expertise where it counts while keeping strategic and financial oversight centralized to guide overall business objectives.