Which Statement Best Describes the General Success Rate for Franchises

question 11

Multiple Choice

Which statement best describes the general success rate for franchises?

• A) Franchises, like other small businesses, have a very high rate of failure.
• B) Franchises are slightly more successful overall than other types of businesses.
• C) Franchises have about a 50 percent chance of being successful.
• D) Franchises have a very high success rate compared to other small businesses.
• E) Obtaining a franchise is a guarantee for a successful business.

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Definitions:

Archetypes

Fundamental, universal symbols and themes found in the collective unconscious, as proposed by Carl Jung.

Contradictions

Statements or propositions that are in opposition to one another, implying that if one is true, the other must be false.

Case Histories

Detailed descriptions of an individual or group, especially regarding psychological or medical history and treatment, used for study or analysis.

Sexual Seduction

A theory largely related to early psychoanalytic beliefs suggesting that psychological disorders can stem from early sexual abuse or seduction.