WorksheetsFranchise
Total questions: 10
Worksheet time: 20mins
Which is NOT an example of a franchise outlet in Male'?
KFC
PIZZA HUT
BURGER KING
MHA
Franchisee is the company or person purchasing the rights to run a business.
TRUE
FALSE
A franchise allows complete independence and creativity
TRUE
FALSE
A contract giving permission to operate a business to sell products and services
partnership deed
franchisee
franchise
sole trade
What does a franchisee pay to the franchisor?
dividend
royalty
profit
share
One of the reasons for a business to buying a franchise is because:
it is always much cheaper than setting up own business
it gives complete control over important decisions
the business can use its own name in advertisements
the risk of failure is lower as its using a wellknown business idea
An advantage to the franchisor of selling a franchise license is:
the business can expand more quickly
the franchisor owns all of the shops
franchisees can be certain to be successful
the products sold in each shop will be different
A limitation for an entrepreneur setting up a franchise business is:
lower profit
franchisor has to pay a share of setting up costs
franchisee cannot take independent decisions
risks are shared with franchisor
Which of the following local business operates Coca Cola as a franchise in Maldives?
MPL
MAWC
MWSC
MTCC
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