Multiple Choice
A significant advantage a franchisee has over an independent business is the participation in the franchisor's ________ largely due to the ________ the franchise offers.
A) centralized buying power; buying insight
B) centralized buying power; brand protection
C) centralized buying power; economies of scale
D) economies of scale; territorial protection
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Examples of some benefits franchise systems offer
Q34: What is the Franchise Disclosure Document? How
Q35: Outline the benefits and drawbacks of buying
Q36: Define franchising. Explain the three types of
Q37: The franchise contract defines the rights and
Q39: Franchises have experienced three major growth waves
Q41: A good method for evaluating a franchisor's
Q42: The franchisee turnover rate is the rate
Q43: McDonald's recently set up several small franchises
Q103: Pure franchising involves the right to use