Which of the Following Is Not a Disadvantage of Buying

question 20

Multiple Choice

Which of the following is not a disadvantage of buying a franchise?

• A) cost of the franchise
• B) duration and nature of the commitment
• C) restrictions on creativity
• D) availability of financing
• E) potential for failure

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Definitions:

Strategic Issues

Important questions or challenges that affect an organization's direction, vital objectives, and strategies.

Functional Group

A collection of individuals grouped based on their specific role, expertise, or function within an organization, aiming to accomplish designated tasks.

Product, Project, or Program Group

A collective of individuals working together on a shared product development, specific project, or program, focusing on a common goal or outcome.

Matrix Structure

An organizational structure that combines two or more types of organizational structures, typically functional and divisional, to gain the benefits of both.