Franchisees

Franchisees

1st Grade

6 Qs

quiz-placeholder

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Franchisees

Franchisees

Assessment

Quiz

Business

1st Grade

Practice Problem

Hard

Created by

Brittany Bryan

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This refers to a person/ company that is granted a license to do business under the franchisor's trademark and trade name.

FRANCHISOR

PARTNER

SOLE PROPRIETOR

FRANCHISEE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

TRUE or FALSE: A franchisor is a person/ company that grants a franchisee a license for the conducting another business branch.

TRUE

FALSE

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following business are examples of FRANCHISING? (Choose 2)

Media Image
Media Image
Media Image
Media Image

4.

MULTIPLE CHOICE QUESTION

30 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

5.

MULTIPLE CHOICE QUESTION

30 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

6.

MULTIPLE CHOICE QUESTION

30 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

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