Question 1

Family-owned and/or controlled businesses

Accepted Answer

A) usually continue to exist over two and sometimes three generations 
B) usually succeeds ten or more years 
C) account for a clear majority of all incorporated firms in the United States 
D) generate more than 80% of U.S.GDP 
A) usually continue to exist over two and sometimes three generations 
B) usually succeeds ten or more years 
C) account for a clear majority of all incorporated firms in the United States 
D) generate more than 80% of U.S.GDP C

Question 2

As stated in the text,all of these items are among the ten most common legal problems of franchisees except:

Accepted Answer

A) sharing advertising costs 
B) minimum performance requirements 
C) fees for support services 
D) correct information being provided to the IRS 
A) sharing advertising costs 
B) minimum performance requirements 
C) fees for support services 
D) correct information being provided to the IRS D

Question 3

All of the following are characteristics of franchisees without legal problems except:

Accepted Answer

A) they are involved in their first business undertaking 
B) they have legal counsel review the franchising agreement 
C) they have conducted an independent market survey before purchasing a franchise 
D) they request appropriate modifications to standard agreements 
A) they are involved in their first business undertaking 
B) they have legal counsel review the franchising agreement 
C) they have conducted an independent market survey before purchasing a franchise 
D) they request appropriate modifications to standard agreements A

Question 4

Which of the following is one of the four principles of coordination that promote effective work groups?

Accepted Answer

A) coordination is best accomplished through electronic means such as e-mail,electronic calendars,etc. 
B) coordination must address all factors within any phase of any endeavor 
C) coordination should occur at most once a week 
D) coordination is only necessary in the beginning and at the end of a project 
A) coordination is best accomplished through electronic means such as e-mail,electronic calendars,etc. 
B) coordination must address all factors within any phase of any endeavor 
C) coordination should occur at most once a week 
D) coordination is only necessary in the beginning and at the end of a project

Question 5

Which of the following is not typically a franchisee "right" granted in the written franchising agreement?

Accepted Answer

A) right to transfer or sell the business 
B) right to relocate within a designated sales area 
C) right to develop and sell new products or services 
D) fair and equitable performance standards 
A) right to transfer or sell the business 
B) right to relocate within a designated sales area 
C) right to develop and sell new products or services 
D) fair and equitable performance standards

Question 6

Among the actions a franchisor may not engage in the following except:

Accepted Answer

A) requiring a franchisee to buy a product(s)in order to acquire the product the franchisee wants to purchase 
B) mandating the price / a franchisee must charge customers for a product 
C) promote a nation-wide sales promotion for products/services sold by franchisees 
D) only provide sales and financial projections in a more understandable format than that provided for by the FTC Earnings Claim Document 
A) requiring a franchisee to buy a product(s)in order to acquire the product the franchisee wants to purchase 
B) mandating the price / a franchisee must charge customers for a product 
C) promote a nation-wide sales promotion for products/services sold by franchisees 
D) only provide sales and financial projections in a more understandable format than that provided for by the FTC Earnings Claim Document

Question 7

Which of the following does not shape the management philosophy of top management in a franchise system according to the text?

Accepted Answer

A) the level of profits of the franchise system 
B) the values and experiences of the owners 
C) economic influences 
D) technological influences 
A) the level of profits of the franchise system 
B) the values and experiences of the owners 
C) economic influences 
D) technological influences

Question 8

Which of the following is not usually a component of the Franchise Defense Manual?

Accepted Answer

A) written records of all promises made by the franchisor 
B) sale policies and positions of the franchisor 
C) pricing policies 
D) all of the above should be a part of the Franchise Defense Manual 
A) written records of all promises made by the franchisor 
B) sale policies and positions of the franchisor 
C) pricing policies 
D) all of the above should be a part of the Franchise Defense Manual

Question 9

Typically the inequality of bargaining power between franchisor's and franchisees

Accepted Answer

A) favors the franchisee 
B) favors the franchisor 
C) is mitigated by financial resources of the franchisee 
D) is a myth 
A) favors the franchisee 
B) favors the franchisor 
C) is mitigated by financial resources of the franchisee 
D) is a myth

Question 10

Horizontal territorial restrictions

Accepted Answer

A) are legal and appropriate agreements for franchisees 
B) enhance competition among firms 
C) involves competitors selling similar products grouping together and excluding a third part 
D) involves a relationship between the franchisor and franchisee 
A) are legal and appropriate agreements for franchisees 
B) enhance competition among firms 
C) involves competitors selling similar products grouping together and excluding a third part 
D) involves a relationship between the franchisor and franchisee

Family-owned and/or controlled businesses

As stated in the text,all of these items are among the ten most common legal problems of franchisees except:

All of the following are characteristics of franchisees without legal problems except:

Which of the following is one of the four principles of coordination that promote effective work groups?

Which of the following is not typically a franchisee "right" granted in the written franchising agreement?

Among the actions a franchisor may not engage in the following except:

Which of the following does not shape the management philosophy of top management in a franchise system according to the text?

Which of the following is not usually a component of the Franchise Defense Manual?

Typically the inequality of bargaining power between franchisor's and franchisees

Horizontal territorial restrictions

Franchising: History and Overview

Recognizing Franchising Opportunities

The Franchisor Business Plan

Franchisor Management, Organization and Administrative Policy

The Franchise Marketing Process

Selling Franchises and Marketing Research

Co-Branding

Managing the Franchisors Operations Process

Location and Site Selection

Accounting and Financial Statements: Presentation and Uses

Financial Management and Fiscal Planning Tools and Techniques

Information Systems in Franchising

Franchise Legal Documents

Trademarks, Copyrights, Patents, and Trade Secrets Stage Five: the Franchisee

Investigating Franchise Opportunities

Financing Your Franchised Business

Marketing the Franchisee Business

The Franchising Relationship

Franchiser Support Services Stage Seven: Current Issues in Franchising

Social Responsibility and Business Ethics

International Franchising

Filters

Exam 18: Managing the Franchisee Business Stage Six: the Franchiserfranchisee Relationship

Family-owned and/or controlled businesses

As stated in the text,all of these items are among the ten most common legal problems of franchisees except:

All of the following are characteristics of franchisees without legal problems except:

Which of the following is one of the four principles of coordination that promote effective work groups?

Which of the following is not typically a franchisee "right" granted in the written franchising agreement?

Among the actions a franchisor may not engage in the following except:

Which of the following does not shape the management philosophy of top management in a franchise system according to the text?

Which of the following is not usually a component of the Franchise Defense Manual?

Typically the inequality of bargaining power between franchisor's and franchisees

Horizontal territorial restrictions

Franchising: History and Overview

Recognizing Franchising Opportunities

The Franchisor Business Plan

Franchisor Management, Organization and Administrative Policy

The Franchise Marketing Process

Selling Franchises and Marketing Research

Co-Branding

Managing the Franchisors Operations Process

Location and Site Selection

Accounting and Financial Statements: Presentation and Uses

Financial Management and Fiscal Planning Tools and Techniques

Information Systems in Franchising

Franchise Legal Documents

Trademarks, Copyrights, Patents, and Trade Secrets Stage Five: the Franchisee

Investigating Franchise Opportunities

Financing Your Franchised Business

Marketing the Franchisee Business

The Franchising Relationship

Franchiser Support Services Stage Seven: Current Issues in Franchising

Social Responsibility and Business Ethics

International Franchising

Filters