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WorksheetsTHC - ENTREPRENEURSHIP QUIZ (LESSON 4)
Total questions: 10
Worksheet time: 4mins
What is the purpose of the Operational Manual?
To pass on business experience
To provide site selection assistance
To guide business operation and system implementation
To assist with store layout
What does the franchisor share with the franchisee?
Marketing strategies
Site selection assistance
Franchisee hiring support
Company experience
What is one advantage of the franchisor's experience?
It eliminates trial and error for the franchisee
It provides exclusive territory rights
It assists in store layout design
It offers procurement programs
Which aspect of training is crucial for positive franchisee attitudes?
First training
Site selection
Store layout assistance
Equipment procurement
How does the franchisor assist with site selection?
By giving locations
By providing hiring support
By overseeing construction
By evaluating potential locations
What does the franchisor oversee during store layout?
Marketing strategies
Operational manual
Construction of the location
Equipment procurement
What is typically provided as part of the franchisee's exclusive territory?
Marketing support
Procurement programs
A certain radius or area
Store layout assistance
What is the purpose of procurement programs?
To provide hiring support
To guide business operation
To assist with store layout
To give a list of authorized suppliers
How does the franchisor support franchisee hiring?
By providing training materials
By contributing to national advertisements
By giving exclusive territories
By assisting in hiring and training
What may the franchisee be required to contribute to regarding marketing?
Operational manual
Co-op advertisement
Site selection
Store layout assistance
