Franchisors seldom succeed in their attempts to move into foreign markets.

Name: Franchisors seldom succeed in their attempts to move into foreign markets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Franchisors have a good success rate when it comes to moving into foreign markets. In fact, many successful franchises have expanded globally, such as McDonald's, Subway, and KFC. However, there are still challenges and risks involved in expanding into a new market, such as cultural differences and legal regulations.

Franchisors Seldom Succeed in Their Attempts to Move into Foreign