Why Might It Be a Good Idea for a Franchisor

question 10

Multiple Choice

Why might it be a good idea for a franchisor to investigate several ASP vendors before choosing one?

• A)some ASP vendors are riskier than others.
• B)the franchisor is looking for the ASP with the highest value and the lowest cost.
• C)the franchisor must be sure the data of the franchise is well-protected.
• D)all of the above.

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Definitions:

Reactor

An organization or individual that primarily responds to external conditions rather than actively influencing or adapting to changes.

Objective Setting

The process of defining specific, measurable goals that a company or individual aims to achieve within a time frame.

Planning Process

A systematic sequence of actions or steps designed to achieve an organization's strategic goals and objectives.

Mission Statement

A formal summary that describes the aims, values, and overall plan of an organization or individual.