Franchising

Franchising

University

8 Qs

quiz-placeholder

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Franchising

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Assessment

Quiz

Business

University

Practice Problem

Hard

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many parties in franchising?

1

2

3

4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not advantage of frachisors?

Access to capital

loss of complete brand control

minimal employees supervision

reduce risk

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is advantage of franchisees?

receive business assistance

retrict regulation

high initial cost

lack of financial privacy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


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

10

30

5

1

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Job creation

pollution

competition of domestic company

health

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which party is the supplier of the raw material?

franchisor

franchisee

Both of them

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Debt

Difference culture

complicated policies in host country

brand recognition

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Franchisor will support franchisee EXCEPT

marketing

technology

rent store

raw material