A franchise system can best be characterized as
A) a voluntary chain
B) a money making machine
C) a business excellence strategy
D) an approach to market dominance
Correct Answer:
Verified
Q5: Industry analysis may not be required if
A)a
Q6: When purchasing a business,non-liquid assets
A)should be considered
Q7: According to the text,most businesses that are
Q8: Franchisee training is most likely to involve
A)internet
Q9: Under a franchising arrangement
A)a franchisor owns an
Q11: Established franchises can provide
A)guaranteed cash flow
B)franchisee success
C)instant
Q12: One of the attractive benefits of being
Q13: Government Departments
A)are not likely to be aware
Q14: _ is a type of franchise
A)Manufacturer-retailer
B)Wholesaler-retailer
C)Retailer-service depot
D)Franchise
Q15: An offer to purchase will most likely
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