What Is the Most Significant Disadvantage of Owning a Franchise

question 166

Multiple Choice

What is the most significant disadvantage of owning a franchise?

• A) Start-up costs
• B) Operational guidelines
• C) Difficulty obtaining loans
• D) Double taxation
• E) Competition

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Definitions:

Artwork

The creation or expression of something beautiful or significant through skills and imagination, encompassing various forms such as painting, sculpture, and other visual media.

Sophisticated

Characterized by a high degree of complexity, refinement, or development.

Power Distance Cultures

Cultural norms that accept and expect inequality in power among individuals, influencing social behavior and organizational practices.

Silent Authority

Influence exerted through implied power or status without the explicit use of words or commands.