Franchising

Franchising

1st Grade

20 Qs

quiz-placeholder

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Franchising

Franchising

Assessment

Quiz

Business

1st Grade

Practice Problem

Hard

Created by

ma lourdes gomez

Used 99+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

the franchisee does not deliver the service properly, the brand name of the franchisor will suffer.

Problems of Inconsistent Quality

Highly Publicized Disputes Between Franchisees and Franchisors

 Initial Investment

Difficult in Motivating Franchisees

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

which is not the disadvantages of franchising to Franchisor

Absence of Adequate Protection

Initial Investment

Difficult in Motivating Franchisees

Problems of Inconsistent Quality

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who is the person who started a successful business and decided to expand by selling clones of the original business. 

Franchisee

Franchisor

Entrepreneur

Businessman

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The person who purchase the right to run an extension of the original business 

Millionaire

Franchise

Franchisee

Investor

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What a Franchisor does?

Gains the benefits of an established brand name or product without the initial risk.

Gets support and materials from the franchisee enterprise

Operates day-to-day operations independently of the franchisor

Establishes a proof of concept with the business

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What a Franchisee does?

Gains the benefits of an established brand name or product without the initial risk.

Gets support and materials from the franchisee enterprise

Operates day-to-day operations dependently of the franchisor

Purchases right to franchisee

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This type of franchise is when the franchisor gives the rights to trademarks, trade names, business process and the system in order for the franchisee to sell the product, for a fee.

´Business Format Franchise?

´JOB FRANCHISE

´Product Distribution franchise?

none

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