Would-Be Franchisors Ask All of the Following Questions Except One

question 115

Multiple Choice

Would-be franchisors ask all of the following questions except one before expanding overseas:

• A)How tough is the local competition?
• B)Does the government respect trademark and copyrights?
• C)Can profits be easily repatriated?
• D)Can products be easily counterfeited?
• E)Is commercial space available?

---

Definitions:

EOQ

Economic Order Quantity; the ideal order quantity a company should purchase to minimize its inventory costs, including holding, shortage, and order costs.

Just-In-Time

An inventory management strategy that aims to increase efficiency and reduce waste by receiving goods only as they are needed in the production process.

Manufacturing Firms

Companies engaged in the production of goods in large quantities, often utilizing complex machinery and human labor in factories.