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Franchise

Authored by Easo Johnson Pantholipeedikayil

Business

8th - 10th Grade

Used 28+ times

Franchise
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10 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which is NOT an example of a franchise outlet in Male'?

KFC

PIZZA HUT

BURGER KING

MHA

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Franchisee is the company or person purchasing the rights to run a business.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A franchise allows complete independence and creativity

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A contract giving permission to operate a business to sell products and services

partnership deed

franchisee

franchise

sole trade

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What does a franchisee pay to the franchisor?

dividend

royalty

profit

share

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

One of the reasons for a business to buying a franchise is because:

it is always much cheaper than setting up own business

it gives complete control over important decisions

the business can use its own name in advertisements

the risk of failure is lower as its using a wellknown business idea

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

An advantage to the franchisor of selling a franchise license is:

the business can expand more quickly

the franchisor owns all of the shops

franchisees can be certain to be successful

the products sold in each shop will be different

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