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Franchise

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Franchises are most common in the...

a)

primary sector

b)

secondary sector

c)

tertiary sector

d)

quaternary sector

2.

The brand owner is termed the...

a)

franchisee

b)

franchise

c)

franchised

d)

franchiser

3.

What legal structure will franchisees have?

a)

only sole proprietorships

b)

only partnerships

c)

only limited liability companies

d)

any of these

4.

How many of McDonald's worldwide are franchised?

a)

93%

b)

75%

c)

41%

d)

16%

5.

How much is the initial franchise fee?

a)

$5,000 - $10,000

b)

$20,000 - $50,000

c)

$80,000 - $100,000

d)

$200,000 - $500,000

6.

The first franchise operations began in the 1800s in (the)...

a)

UK

b)

Russia

c)

US

d)

Australia

7.

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

a)

KFC

b)

Burger King

c)

Subway

d)

McDonald's

8.

How many franchisees were there in Germany in 2020?

a)

14,765

b)

34,892

c)

138,748

d)

1,588,224

9.

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

a)

true

b)

false

10.

How many franchisees succeed?

a)

30%

b)

50%

c)

70%

d)

80%