
Unit 1 Franchise Types
Authored by Jetton Davison
Business
12th Grade
Used 7+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main characteristic of a job franchise?
Requires a large capital investment
Involves distributing the franchisor's products
Provides a detailed plan and procedures for operating the business
Involves starting and running a small franchised business alone
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of franchise deals mainly with large products such as cars and appliances?
Job franchise
Product franchise
Business format franchise
Investment franchise
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What does a business format franchise provide to its franchisees?
A detailed plan and procedures for operating the business
A large capital investment
Distribution of the franchisor's products
Initial and ongoing training and support
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of franchise requires a large capital investment and often involves engaging a management team?
Job franchise
Product franchise
Business format franchise
Investment franchise
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is conversion franchising?
A modification of standard franchise relationships
A home-based or low investment franchise
A franchise that distributes the franchisor's products
A franchise that requires a large capital investment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which industries extensively use conversion franchising?
Fast food and retail
Real estate brokers and florists
Automobile producers
Hotels and larger restaurants
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the most popular type of franchise system?
Job franchise
Product franchise
Business format franchise
Investment franchise
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