In Franchising, Which of the Following Is Not a Benefit

question 31

Multiple Choice

In franchising, which of the following is not a benefit that a franchiser gains?

• A) A franchiser can gain more rapid product distribution.
• B) A franchiser can acquire capital more quickly for expanding production.
• C) A franchiser gains more control over how franchisees operate establishments.
• D) A franchiser benefits from the fact that franchisees tend to be highly motivated to succeed, which in turn leads to higher sales and higher royalties.
• E) All of these are benefits for a franchiser.

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Definitions:

Random Sample

A sample drawn from a population where each member has an equal chance of being selected, aiming for fair representation.

Confidence Bound

The upper or lower value that defines the range within which a given population parameter is estimated to lie, with a certain degree of confidence.

Independent Samples

Two or more groups of data that are collected from unrelated or non-matching subjects in an experiment or observational study.

Binomial Populations

Populations where each member can be classified into one of two categories (success or failure), and the probability of success is the same for each member.