Asked by Tashae Thomas on Jun 22, 2024
Verified
Franchising offers all of the following advantages EXCEPT _____.
A) a recognizable company name
B) prior performance record
C) training
D) guaranteed level of profitability
Franchising
Contractual business arrangement between a manufacturer or other supplier, and a dealer such as a restaurant operator or retailer.
Recognizable Company Name
A business name easily identified or recalled by the public due to its distinctiveness or familiarity.
Training
The process of enhancing the skills, capabilities, and knowledge of employees for improving the performance of a job.
- Gain insight into the role of franchises in the economic sphere and the dynamics between franchisors and franchisees.
Verified Answer
DE
Donna ElizaldeJun 23, 2024
Final Answer :
D
Explanation :
Franchising does not guarantee a level of profitability. Success can depend on location, market conditions, and the franchisee's management skills.
Learning Objectives
- Gain insight into the role of franchises in the economic sphere and the dynamics between franchisors and franchisees.