Which of the Following Statements Is TRUE About Franchising

question 5

Multiple Choice

Which of the following statements is TRUE about franchising?

• A)Franchisees enjoy guaranteed minimum annual revenues based on their territory.
• B)Franchisers encourage franchisees to be independent and creative in running their operations.
• C)Franchisees have relatively lower risk than other small business startups.
• D)Franchisers conduct local market research for each of their franchisees.

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Definitions:

Media Relations

The strategic management of interactions and communication between an organization and the media to influence public perception.

Public Opinion

The collective attitudes, beliefs, or views of the general population about issues or subjects.

Stage Performance

The act of presenting a work of art, typically drama or music, in front of a live audience on a stage.

Team Member

An individual who is part of a group working together towards a common goal.