
Franchising Quiz

Quiz
•
Business
•
University
•
Hard
MELJUN GONZALES
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary role of a franchisor?
To operate the franchise unit
To manage all franchisee operations
To provide training and support to franchisees
To sell the rights to operate a location of their business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a type of franchise agreement?
Partnership franchise
Joint venture franchise
Single-unit franchise
Independent franchise
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a royalty fee?
A fee for training
A fee for advertising
An ongoing fee paid to the franchisor
A one-time payment to join the franchise
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the typical duration of a franchise contract?
20 to 25 years
15 to 20 years
10 to 15 years
5 to 10 years
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a way to grow a business?
Independent contracting
Organic growth
Licensing
Franchising
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What distinguishes franchising from licensing?
Licensing is a comprehensive business relationship
Franchising is only for food businesses
Licensing requires a franchise fee
Franchising involves full business operations
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a company that uses franchising?
Disney
Coca-Cola
Microsoft
McDonald's
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