Franchising Offers All of the Following Advantages EXCEPT _____

question 52

Multiple Choice

Franchising offers all of the following advantages EXCEPT _____.

• A)a recognizable company name
• B)prior performance record
• C)training
• D)guaranteed level of profitability

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Definitions:

Stakeholders

Parties interested in or affected by a company’s actions, outcomes, and policies, including employees, customers, investors, and communities.

Global Entrepreneurship Monitor

An annual assessment of the national level of entrepreneurial activity, initiated as a partnership between London Business School and Babson College to study and analyze the various aspects of entrepreneurship worldwide.

Entrepreneurship Phases

The stages through which an entrepreneurial endeavor progresses, including concept, startup, growth, and maturity.

Social Venture Capitalists

Individuals or funds that invest in startups or enterprises with the goal of generating social or environmental impact alongside financial returns.