Viola Wants to Be a Business Owner and Is Contemplating

question 87

Multiple Choice

Viola wants to be a business owner and is contemplating whether to start her own business or open a franchise.Which of the following,if true,would be a compelling reason for Viola to open a franchise rather than start a new business?

• A) The franchiser requires $3,000 in start-up costs and a 5 percent monthly royalty fee.
• B) The franchiser tightly controls and monitors the service protocol.
• C) The franchisee is responsible for developing all marketing materials.
• D) The company has only recently become a franchise.
• E) There are several other franchises with the same company in the area.

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Definitions:

Childhood Amnesia

The phenomenon where adults are unable to recall episodic memories from their early childhood, typically before age 3-4.

Elaboration

The addition of more detail to a concept, idea, or instruction, often to facilitate understanding or retention.

Eyewitness

is an individual who directly observes an event and can provide a first-hand account of it.

Skills

Skills are the learned abilities to carry out tasks or actions with determined results often within a given amount of time, energy, or both.