In the Franchising Strategy,the Most Important Competitive Advantage for the Franchisee

question 10

Multiple Choice

In the franchising strategy,the most important competitive advantage for the franchisee is ____.

• A) the franchisor's brand name
• B) the franchisor's capital resources
• C) the franchisor's access to a consolidated market
• D) the franchisor's geographic locations

---

Definitions:

Independent Internal Verification

The process of reviewing and verifying the accuracy and completeness of records and transactions by an internal party not involved in the initial preparation.

Cash Register Receipts

Documents that record sales transactions and the amount of cash received, typically issued at the point of sale.

Department Supervisors

Individuals responsible for overseeing the operations of a specific department within an organization, managing employees and resources.

Restrictive Endorsement

A limitation placed on the use of a check or other negotiable instrument, specifying the conditions under which it can be transferred.