Multiple Choice
Which of the following is NOT TRUE in describing characteristics of franchise?
A) The franchise ownership format attempts to combine the advantages of owner-managed businesses with the efficiencies of centralized decision making in chain store operations
B) Franchisees are motivated to make their stores successful because they receive the profits
C) The franchisor is motivated to develop new products and to promote the franchise because it receives a royalty on all sales
D) The franchisor is solely responsible for financing advertising,product development,and system development
Correct Answer:
Verified
Correct Answer:
Verified
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