Solved

Which Statement Best Describes the General Success Rate for Franchises

Question 11

Multiple Choice

Which statement best describes the general success rate for franchises?


A) Franchises, like other small businesses, have a very high rate of failure.
B) Franchises are slightly more successful overall than other types of businesses.
C) Franchises have about a 50 percent chance of being successful.
D) Franchises have a very high success rate compared to other small businesses.
E) Obtaining a franchise is a guarantee for a successful business.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions