There Are Two Distinctly Different Types of Franchise Systems

question 34

Multiple Choice

There are two distinctly different types of franchise systems:

• A) product trademark franchise, business arrangement franchise
• B) product plus franchise, business format franchise
• C) business design franchise, product improvement franchise
• D) product extension franchise, business design franchise
• E) product trademark franchise, business format franchise

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Definitions:

Evaluative

Pertaining to the appraisal or assessment of the value, significance, or status of a subject.

Descriptive

Pertaining to observations and analyses that aim to summarize and describe the characteristics of a dataset without making inferences or predictions.

Open-Ended

Questions or problems that allow for multiple or complex answers, encouraging a depth and breadth of response.

Facts

Information that is empirically proven to be true and verifiable.