Asked by anmol setia on Jul 04, 2024
Verified
Which of the following is a benefit of franchising?
A) The failure of one franchise does not affect the brand.
B) It offers several opportunities for the expansion of a business.
C) It does not require any start-up cost.
D) The founder of the business has absolute control over every franchise.
Franchising
A business model that allows individuals to own and operate a branch of a larger company using its brand name, systems, and processes.
Start-Up Cost
Initial expenses required to establish a business, including equipment, permits, and marketing.
Absolute Control
A situation where all power and decisions rest with one entity or individual, without any external influences or checks.
- Acquire knowledge about the jurisprudential and fiscal elements related to franchising, including what is expected from franchisees and franchisors and their main worries.
Verified Answer
Learning Objectives
- Acquire knowledge about the jurisprudential and fiscal elements related to franchising, including what is expected from franchisees and franchisors and their main worries.
Related questions
Which of the Following Statements Is True Regarding Rashi's Inspections ...
To Avoid Conflicts with the First Amendment, No State Requires ...
Because a Franchise Can Involve the License of a Trademark ...
The Franchise Rule Does Not Require a Franchisor to Make ...
To Prevent Deception, All Representations by a Franchisor to a ...