Franchises

The brand owner is termed the...

• franchisee

• franchise

• franchised

• franchiser

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

What legal structure will franchisees have?

• only sole proprietorships

• only partnerships

• only limited liability companies

• any of these

How many franchisees were there in Germany in 2020?

• 14,765

• 34,892

• 138,748

• 1,588,224

A franchise is one of the less risky types of businesses available.

• true

• false

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

Franchises are most common in the...

• primary sector

• secondary sector

• tertiary sector

• quaternary sector

Which of these franchises has the largest number of outlets worldwide?

• KFC

• Burger King

• Subway

• McDonald's

Why do companies decide to franchise?

• In order to expand rapidly

• In order to be flexible

• In order to control the market

Who is the franchisee?

• The person who manages the initial company.

• The person who opens the new branch.

• The person who sells the products.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

What does the franchiser promise?

• To respect the company rules.

• To take care of all advertising and marketing.

• Not to open a second franchise in proximity.

• To give free materials.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

How does the franchiser make money on the deal?

• By taking a percentage of the profit.

• By selling the rights to use the company name.

• By selling more and more products.

• By monopolizing the market.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5