Which of the Following Is the Most Significant Disadvantage of Franchising

question 46

Multiple Choice

Which of the following is the most significant disadvantage of franchising?

• A) high start-up costs
• B) risk of failure
• C) difficulty in obtaining financing
• D) lengthy contracts
• E) high cost of operation

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Definitions:

Commitment

The dedication or pledge to carry out a task or adhere to a plan or agreement.

Positive Project Story

An optimistic narrative about a project, focusing on successes and positive outcomes.

Positive Outcome

A beneficial result or effect of an action, decision, or process, often meeting or exceeding the initial goals or expectations.

Identifying

The process of recognizing and acknowledging specific elements, risks, or opportunities within a project or business context.