In addition to the regular monthly payment of a percentage of gross sales to her franchisor, Lee is required to submit a smaller percentage for advertising costs.She is willing to do this because:
A) otherwise she cannot operate her franchise.
B) she receives a discount on the cost of her inventory.
C) Lee's budget is too small for her advertising to be effective.
D) the franchisor promotes the business both locally and nationally, reinforcing the brand name.
Correct Answer:
Verified
Q41: Martin operates an ABC franchise. Recently, the
Q43: Nomsa has operated a successful franchise for
Q45: Having worked professionally for 10 years, Thembi
Q45: In what way is a franchisee's control
Q46: Besides the up-front money required of a
Q49: The cost of a franchise may include:
A)royalty
Q50: A disadvantage of franchising is
A)reduced risk of
Q52: Joe is interested in opening a Burger-Place
Q60: Consider this quote: "If you can't follow
Q67: One possible disadvantage of becoming a franchisor
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents