The start-up phase for a franchise business is shorter than that for an independent business, because of the existence of a well-known brand.
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Q6: A diversified network is not feasible with
Q7: Consumers develop expectations for a low divergent
Q8: Concentric diversification is a means of ensuring
Q9: When a firm offers multiple services at
Q10: A company that adopts the concept of
Q12: Hedging is a strategy adopted by multinational
Q13: A family restaurant is an example of
Q14: Franchising usually is used when developing a
Q15: The disadvantage of concentric diversification is that
Q16: A diversified network is a situation where
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