Which of the Following Is an Advantage of Franchising

question 38

Multiple Choice

Which of the following is an advantage of franchising?

• A) It ensures tight control over quality.
• B) It enables companies to engage in global strategic coordination.
• C) It involves low development costs and risks.
• D) It enables the company to collect all the profits made by the franchisees.
• E) It frees companies from the task of monitoring and assisting operations at franchisees.

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Definitions:

Production

The process of creating goods and services using labor, tools, machinery, and materials.

Ethical Challenges

Dilemmas or situations that require a choice to be made between competing ethical principles or values.

Sustainable Environment

The practice and goal of maintaining natural resources and not depleting them faster than they can renew, ensuring a healthy planet for future generations.

Efficient Workplace

A work environment optimized for productivity, often through smart allocation of resources, effective communication, and streamlining of processes.