Why would a franchise system monitor its external environment?
A) to identify factors which may pose major threats to or provide significant opportunities for the franchise system.
B) to develop a set of objectives to fit the mission and overall goals of the franchise system.
C) to concentrate resources outside of the firm more than inside of the firm.
D) to second-guess what its suppliers intend to do next.
Correct Answer:
Verified
Q1: Identifying one or more target markets and
Q3: Wherein the goal of the market-focused business
Q4: According to the U.S.Census,( )are the fastest
Q5: usually provides the starting-point of data collection
Q6: Externally dedicated to the market,yet internally focused
Q7: There are four generic categories to classify
Q8: The product life cycle model is a
Q9: The category most franchise systems are in
Q10: Which one of the following is Not
Q11: What exactly is to be done in
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