Franchising Quiz

Franchising Quiz

University

10 Qs

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Franchising Quiz

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Assessment

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University

Practice Problem

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Anna Marie Lumandog

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a business model in which a company provides an individual or group permission to operate a business under the franchisor's established brand.

Franchising

Business Format

Agreement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It also outlines renewal options and potential extensions.

Terms and Agreement

Franchise Fee

Royalty Fee

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the types of Franchising, Except.

Business Format Franchising

Product Distribution Franchising

Produce Product Franchising

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It defines the geographic area where the franchisee has the exclusive right to operate.

Franchise Fee

Territory

Marketing Fee

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the most common type of Franchising, where the franchisor provides the franchisee with a complete system for operating the business.

Business Format Franchising

Product Distribution Franchising

Produce Product Franchising

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a Filipino fast-food chain that has gained international recognition.

Jollibee

McDonald's

KFC

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is an ongoing percentage of sales paid by the franchisee to the franchisor.

Marketing Fee

Royalty Fee

Franchising Fee

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