Franchising Is Being Used Extensively in Both Consumer and B2B

question 47

Multiple Choice

Franchising is being used extensively in both consumer and B2B industries.The reason for this includes:

• A)franchisees are highly motivated to succeed
• B)it avoids over extending the parent company
• C)the franchisee rarely fails to succeed
• D)the parent company has greater control
• E)standards are able to be strictly supervised

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Definitions:

Disclose

means to reveal or make known information that was previously private or secret.

Duty

Obligation required by law or morality to act or refrain from acting in a certain manner towards others.

Waiting Period

A mandatory interval of time between the initiation of an action and its actual application, such as between filing an insurance claim and receiving benefits.

Filing Date

The filing date refers to the specific day on which a document is officially submitted or recorded with a governmental or legal office.