Identify an accurate statement about franchising.
A)A franchisor enables a rapid expansion while maximizing the funds invested in that expansion.
B)Specific information on the profitability of individual franchises does not have to be shared with the franchisor.
C)An entrepreneur spends more of his or her resources than if he or she had to start a new business from scratch.
D)A franchisor continues research and development on the products and processes that a small single business cannot afford to pursue.

Question

Quizplus · Accepted Answer

A franchisor typically invests in ongoing research and development to improve products and processes, which individual franchisees might not be able to afford on their own.

Identify an Accurate Statement About Franchising