Which of the Following Is a Disadvantage of Franchising

question 99

Multiple Choice

Which of the following is a disadvantage of franchising?

• A) The franchisee seldom receives any support or training from the franchisor about running the business.
• B) The franchisee is unable to attain instant brand-name recognition among customers.
• C) The franchise agreement usually requires the franchisee to follow the franchisor's procedures to the letter.
• D) The franchisee faces funding challenges as bankers are often reluctant to fund franchisees.

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Definitions:

Socializing Agents

Individuals, groups, or institutions that play significant roles in integrating individuals into the norms, values, and beliefs of their society.

Criterion Validity

Criterion validity refers to the extent to which a measure is related to an outcome.

Instrument Design

The process of creating tools or systems for specific purposes, often involving considerations of functionality, user experience, and efficiency.

Salary Increase

An upward adjustment to an employee's base compensation as a reward for performance, promotion, or inflation adjustments.