INTERNATIONAL FRANCHISING

International franchising is also known as ______

• Foreign business

• Business Management

• Market Expansion

• Master Franchising or Master Licensing/

It has led to the widespread use of computers, electronic equipment, and other facilities.

• Political stability

• Technological advancement

• Availability of Resources

• Technology Transfer

It should be thoroughly investigated before planning to enter any foreign market.

• Political stability

• Availability of Resources

• Technology Advancement

• Technology Transfer

The standards of American restaurant franchisees are based on four key elements: ________, service, value, and convenience.

Clue: Q_____

What is most common type of franchising currently being used for expansion in the international restaurant market?

• Business format franchise

• Management Franchise

• Conversion franchise

• Investment Franchise

What is a primary factor driving the expansion of restaurant franchises in international markets?

• Decreased population

• Lower educational levels

• Increased disposable income

• Reduced technological advancements

What is one of the benefits of entering international markets for U.S. restaurant franchises?

• Decreased population

• Higher start-up costs

• Increased disposable income

• Saturation of domestic markets

The expansion of restaurant franchises is solely dependent on the economic conditions of the home country.

• TRUE

• FALSE

It is adding an interactive computer environment that facilitates many activities

• Cyberspace Technology

• Technological advancement

• Technolgy Transfer

• Increase technological advancements

What is the American business culture?

• "Turn the point into Power"

• "Time will take to Accomplish it"

• "Act Big, Think Big, Speak Big"

• "Time is Gold"