Franchising

How many parties in franchising?

• 1

• 2

• 3

• 4

Which is not advantage of frachisors?

• Access to capital

• loss of complete brand control

• minimal employees supervision

• reduce risk

Which is advantage of franchisees?

• receive business assistance

• retrict regulation

• high initial cost

• lack of financial privacy

Estimated in 2023 how many hours a McDonald's store opens in China?

• 10

• 30

• 5

• 1

What is the impact of McDonald's franchise on the Chinese economy?

• Job creation

• pollution

• competition of domestic company

• health

Which party is the supplier of the raw material?

• franchisor

• franchisee

• Both of them

What is NOT the risk that Mcdonald's faces when entering the Chinese market?

• Debt

• Difference culture

• complicated policies in host country

• brand recognition

Franchisor will support franchisee EXCEPT

• marketing

• technology

• rent store

• raw material