A Number of Major Questions Should Be Addressed by a Potential

question 4

Multiple Choice

A number of major questions should be addressed by a potential franchisor before choosing to expand through franchising.Which one of the following is not a major question at the onset?

• A)do I have a prototype store or unit that can be replicated?
• B)can my product/service meet the test of distance?
• C)should I have right of first-refusal on site selection?
• D)what skills will be needed by a franchisee to run my business successfully?

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Definitions:

Transformational Change

A significant, radical change in an organization that fundamentally alters its culture, operations, and direction, often in response to major external shifts.

Workforce Diversity

The inclusion of a wide range of differences among employees in an organization, including race, gender, age, culture, and physical ability.

External Force

Influences from outside an organization that can affect its performance, operations, and strategy, such as market trends or regulatory changes.

Internal Forces

Are factors within an organization such as employee behaviors, management practices, and organizational culture that influence change and development.