Franchisees
Authored by Brittany Bryan
Business
1st Grade
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
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)
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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