Which of the Following Statements Is Incorrect Regarding Product and Trademark

question 16

Multiple Choice

Which of the following statements is incorrect regarding product and trademark franchises?

• A) Rather than obtaining a royalty or franchise fee, the product and trademark franchisor obtains the majority of its income from selling its products to its dealers or distributors at a markup.
• B) General Motors establishes product trademark rather than business format franchises.
• C) Product trademark franchises are by far more popular than business format franchises.
• D) Product and trademark franchisees are typically permitted to operate in a fairly autonomous manner.
• E) A product trademark franchise typically connects a single manufacturer with a network of dealers or distributors.

---

Definitions:

Project Teams

Groups of individuals assembled to perform activities that contribute towards achieving a specific project goal within a defined timeframe.

Cross-functional Teams

Teams comprised of members from different functional areas of an organization, working together towards a common goal.

Cross-functional Team

A group composed of members from different departments or functional areas within the organization, working together towards a common goal.

Informal Groups

Groups that are formed naturally within the workplace based on personal relationships and common interests rather than structured, organizational mandates.