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

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Definitions:

External Locus of Control

Refers to the belief that outside forces, beyond one's personal control, largely dictate one's life events.

Schneewind

Klaus A. Schneewind is known for his work in psychology, focusing on family research and the impact of parenting styles on child development.

Single-Parent Families

Households led by only one parent, which can present unique challenges and strengths in the upbringing of children compared to dual-parent families.

External Locus

A belief system where individuals attribute their success or failure to external factors or forces beyond their control.