When Evaluating a Franchised Opportunity, Which of the Following Would

question 274

Multiple Choice

When evaluating a franchised opportunity, which of the following would you not find it necessary to do?

• A)Determine the territory of operation and whether it is an exclusive territory for the length of time of the franchise agreement.
• B)Avoid investigating the financial strength of the franchisor because it will be you who is making the money.
• C) Ask for sales and profit performance of similar franchises, and verify the information you received.
• D)Explore the market and the competition for same or similar products and services.

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Definitions:

Peaches

A type of fruit known for its sweet flavor and fuzzy skin that grows on trees in temperate regions.

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The price of foregoing the next most desirable option when a decision is made.

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Portable electronic devices used for mobile communication, including voice calls, text messaging, and internet access.

Herring

A type of fish found mainly in the North Atlantic, known for its significance in various cuisines globally.