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WorksheetsModule 1 & 2 (Franchising)
Total questions: 13
Worksheet time: 10mins
A type of arrangement where the franchisor grants a franchise the rights to open ad operate one franchise unit.
Single-Unit Franchise
Multi-Unit Franchise
Area Developer
Master Franchise
A type of arrangement where the franchisor grants a franchise the rights to open and operate more than one franchise unit.
Single-Unit Franchise
Multi-Unit Fracnchise
Area Developer
Master Franchise
It is a legal document between the franchisor and the franchisee that governs the relationship between the two entities for a specified period of time.
Franchise Agreement
Terms of Agreement
Registration Requirements
Anti-Competition Laws
In evaluating and selecting a franchise business, there are 8 critical areas to be studied carefully except:
Brand name
Trade Mark
Management Skills
Market Segment
It is a systematic process for improving organizational performances by developing the competency of a team or an individual.
Strategic
Organizational Maintenance
Performance Management
Performance Evaluation
It is describe as a sure-fire way to improve the productivity of any franchise's employees.
Customer Satisfaction
Communication
Developmental
Monitoring and improving employee satisfaction
A type of arrangement where the franchisor grants a franchise the rights to open more than one unit during a specific time within a specific area
Hybrid-type of multi-unit franchise
Area Development
Master Franchise
Multi- Unit Franchise
A type of arrangement where the franchisor grants a franchise the rights sell franchises to other people within a territory.
Master Franchise
Area Developement
Hybrid- type of multi unit franchise
multi unit franchise
They develop and implement effective advertising and marketing services fro the development of franchise network
Franchisor
Franchisee
Marketing
Advertising
They work through networks such as regional advertising cooperatives to which they are required to contibute
Franchisor
Franchisee
Marketing
Advertising
This type of franchise includes not only aa product, service and trademark but also the complete method to conduct the business.
Traditional Distribution
Product
Distribution
Business Format Franchising
Franchise Agreement
A license that describes the relationship between franchisor and franchisee including use of trademarks, fees, support and control.
Franchise
Business Format Franchise
Franchising
Franchisor
A method of business expansion characterized by trademark license, payment of fees, and significant assistance and/or control.
Franchising
Franchisor
Franchisee
Business Format Franchise
