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Franchise Opportunities Quiz

Authored by Ms.S Ms.S

Business

10th Grade

Franchise Opportunities Quiz
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of a franchise opportunity listed in this article?

Dunkin' Donuts

Subway

McDonald's

Apple

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to this lesson, what is the primary reason a franchisor retains some control over operational decisions?

The franchisee is technically competing with the franchisor.

The franchisor needs to protect their most valuable assets, their name and reputation.

They don't trust the franchisee to be successful.

None of these are reasons discussed in the lesson.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes the relationship between the franchisor and franchisee?

Customer/Vendor

None of the answers listed describes the relationship between the franchisor and franchisee.

Direct competitors

Business partners

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to this lesson, what is the definition of a franchise?

None of these statements accurately defines a franchise.

A business arrangement wherein an individual pays a larger company for the rights to use their name and general business plan.

A small business structure wherein the owner puts up their own capital and has complete control over all operational decisions.

A business strategy based on intimidating, as close as legally possible, a larger more successful company.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following fees are NOT associated with a franchise?

All of these fees are associated with a franchise.

Advertising Fee

Royalty

Franchise Fee

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