Business Opportunities Quiz

Which country is ranked fifth in the top 10 eCommerce markets?

• Germany

• South Korea

• France

• India

Who are considered industrial customers?

• Individuals who buy goods for personal use

• Institutions or personal who purchase goods or services for commercial use

• Retail customers

• Online shoppers

Which of the following is NOT listed as an example of an industrial customer?

• Government

• Institutional

• Retail stores

• Cooperatives

What type of customers are governments considered as?

• Retail customers

• Industrial customers

• Wholesale customers

• Individual customers

What distinguishes industrial customers from retail customers?

• Industrial customers buy in smaller quantities

• Industrial customers purchase for commercial use

• Industrial customers are always individuals

• Industrial customers focus on luxury goods

What does the "Franchise 500" ranking refer to?

• A list of the top 500 government agencies

• A list of the top 500 non-profit organizations

• A list of the top 500 franchises

• A list of the top 500 private schools

Which of the following is NOT typically associated with a franchise?

• Trademark name

• Independent branding

• Standardized products

• Franchise fee

Which of the following is a benefit of owning a franchise?

• Complete creative freedom

• Established brand recognition

• No initial investment required

• No need to follow any guidelines

Which fast-food chain is a franchise known for its burgers?

• Subway

• Baskin Robbins

• Burger King

• Domino's Pizza

How is a royalty fee usually calculated?

• As a fixed monthly amount

• As a percentage of gross sales

• As a percentage of net profit

• As a one-time annual fee