
Franchising Quiz
Authored by Anna Marie Lumandog
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University

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the business model where a company provides permission to operate under its established brand?
Franchising
Business Format
Agreement
Licensing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What outlines renewal options and potential extensions in a franchise agreement?
Initial Investment
Franchise Fee
Terms and Agreement
Royalty Fee
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a type of Franchising?
Service Franchising
Produce Product Franchising
Product Distribution Franchising
Business Format Franchising
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What defines the geographic area where the franchisee has the exclusive right to operate?
Operational Zone
Marketing Fee
Territory
Franchise Fee
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the ongoing percentage of sales paid by the franchisee to the franchisor?
Franchising Fee
Service Charge
Royalty Fee
Marketing Fee
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