Enterprise Growth strategies-1

In how many ways can an organisation expand?

• One

• Two

• Three

• Four

The rule of thumb is that one should only expand when there are____________ that can benefit the business

• Tapped opportunities

• Untapped opportunities

• Initial opportunities

• Challenging opportunities

What role does an entrepreneur play in growth/expansion of a business?

• Employee and organisor

• Manager and Leader

• Leader and motivator

• Manager and employee

Ananya Private Limited Company deals in dairy products.The company is quite aware about the importance of growth and believe in the saying , ' You either grow or you die.' Therefore, the company is planning to expand its current production capacity by increasing the number of its livestock.Which form of expansion is the company planning?

• Internal expansion

• External expansion

• Both

• None

Franchising and mergers and acquisitions are examples of which type of expansion?

• Agreement

• Internal

• External

• Both (B) and (C)

Franchising began back in the 1850's when _________ invented the sewing machine.He began selling licenses to entrepreneurs in different parts of the country.

• Ray Kroc

• Isaac Singer

• Sanders

• Venkatesh Iyer

The person who purchases the franchise and is given the opportunity to enter a new business with a better chance to success Is known as?

• Franchisee

• Franchisor

• Assessee

• Manufacturer

What is the net result of internal expansion?

• Combination of two or more concerns

• Adverse effect on goodwill

• Increase in business activities

• Poor management

Mainly how many ingredients are there in franchise agreement?

• One

• Two

• Three

• Four

Foundation of the relationship between the franchisor and franchisee is___________

• Opportunity

• Format agreement

• Standardisation agreement

• Franchise agreement