Which of the following is not true about franchising?
A) it is a relatively inexpensive foreign entry option with limited risk.
B) it is a method of international market entry that requires the firm to give up all control over operating rules.
C) it is a method of international market entry with limited financial risk.
D) it is the contractual right to operate a business using the methods, procedures, products, trademarks, and marketing strategies created by another company.
E) service firms often use franchising.
Correct Answer:
Verified
Q53: A disadvantage of establishing a wholly owned
Q54: A disadvantage of contract manufacturing is that
Q55: Most turn-key projects involve building expensive large-scale
Q56: A turnkey project is
A) a contract to
Q57: A firm that provides a foreign organization
Q59: Licensing is a popular mode of entry
Q60: Microsoft _its computers with government
Agencies and schools
Q61: Licensing
A) involves a licensor and licensee.
B) involves
Q62: Exporting can
A) be a company's first exposure
Q63: Which of the following statements is not
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