Multiple Choice
There are two main risks in purchasing a franchise.First,that of the franchiser's experience and business system,and second:
A) the brand name recognition of the franchise.
B) the entrepreneur's managerial skills and motivation.
C) the franchiser's financing.
D) the economy trends in the country at the time the franchisee begins operation.
Correct Answer:
Verified
Correct Answer:
Verified
Q92: _ is when owners of independent businesses
Q93: In addition to other fees,franchisees must also
Q94: A master franchise is called a piggyback
Q95: The most litigated subject of the franchisee
Q96: Franchising is currently dominated by:<br>A)auto dealers.<br>B)service-oriented franchises.<br>C)retail
Q98: _ franchising exists when a franchisee is
Q99: The FTC Trade Regulation Rule applies to
Q100: By definition,a franchise is owned by a
Q101: Franchise advertising programs:<br>A)are organized by the franchiser
Q102: Typically,franchise contracts:<br>A)are short-term,for 10 years or less.<br>B)are