Which of the Following Is Considered an Advantage of Franchising

question 11

Multiple Choice

Which of the following is considered an advantage of franchising?

• A) Franchising can be a way for existing companies to diversify.
• B) Attractive franchisors offer value because they have names and trademarks that are well known to prospective customers.
• C) A number of franchisors provide or facilitate financing for franchisees.
• D) All of these are correct.

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Definitions:

Instinctive Drift

The tendency of an animal to revert to instinctive behaviors that interfere with a conditioned response.

Instinctive Learning

The process by which innate behaviors are triggered by environmental stimuli without the need for previous experience or learning.

Conceptualization

The process of defining and clarifying ideas or concepts to make them understandable.

Observational Learning

A learning process where individuals learn new behaviors or information by watching others.