Multiple Choice
Qiang is ready to become a franchise owner and open one of the 50 Southwest Diners, a very successful fast food chain specializing in dishes from the American Southwest. Which of the following problems is Qiang most likely to encounter if she agrees to become a franchisee?
A) High initial costs and fees
B) Poor name recognition and visibility
C) Lack of financing
D) Lack of managerial assistance
Correct Answer:

Verified
Correct Answer:
Verified
Q195: Franchised businesses are successful (both domestically and
Q196: A _ is the share of profits
Q197: Chipper is the sole proprietor of a
Q198: Some _ ask members/customers to work at
Q199: When two firms join together to form
Q201: According to the Uniform Partnership Act, the
Q202: The financial advantage to the parent company
Q203: In a limited partnership, the general partners
Q204: The most popular businesses for franchising are
Q205: Katie and her siblings created a design