A Disadvantage of Franchising to the Franchisee Is

question 135

Multiple Choice

A disadvantage of franchising to the franchisee is:

• A)assistance in site location
• B)ongoing management training program
• C)restricted operating freedom
• D)national name recognition
• E)standardized operating procedures

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Definitions:

Demand Deposits

Bank accounts from which money can be withdrawn at any time without any notice, such as checking accounts.

Short-Term Bonds

Debt securities with maturities typically less than five years, often used by investors seeking lower risk and more liquidity.

Double Coincidence Of Wants

A situation in a barter system where two parties each hold an item the other wants, allowing them to exchange goods directly without the need for money.

Stocks And Bonds

Financial instruments representing ownership in companies (stocks) and debt obligations (bonds).