ENTREPRENEURIAL OPERATIONS
QUALITY CONTROL
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which of the following is an advantage to a franchisee of expanding through franchising?
|
|
Expansion without the burden of debt
|
|
|
Royalties will be received
|
|
|
Control over the long term decisions of the business
|
|
|
Increased chance of business success
|
Explanation:
Detailed explanation-1: -Brand recognition. A big benefit that franchisees receive when opening a franchise is brand recognition.
Detailed explanation-2: -Franchising provides expansion capital. Avoids employee related problems. Accelerates expansion over wide area. Franchisee operators are motivated to succeed.
There is 1 question to complete.