Franchising Is Appropriate When a ________

question 71

Multiple Choice

Franchising is appropriate when a ________.

• A) firm's business methods are not polished, it has a desire to grow, and it is trying to commercialize a technology product
• B) firm has a strong trademark, a desire to grow, and a well-designed business method
• C) firm is trying to commercialize a technology product, it is well-funded, and it has a desire to grow
• D) firm has a weak trademark, it is well-funded, and it has a desire to grow
• E) firm has a desire to grow, it has a well-designed business method, and it is well funded

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Definitions:

Stock Shelves

The process of organizing and replenishing inventory on store shelves to ensure products are available and neatly displayed for customers.

New Skills

Abilities or competencies that are recently acquired or needed to perform tasks effectively.

Self-Manage

The ability to direct one's own activities and work independently, often involving self-discipline and time management skills.

Experiential Programs

Training programs in which participants learn concepts and apply them by simulating behaviors involved and analyzing the activity, connecting it with real-life situations.