What Is LEAST Likely an Advantage of Franchise Systems That

question 36

Multiple Choice

What is LEAST likely an advantage of franchise systems that include both company-owned outlets and franchisees?

• A) testing new ideas
• B) training employees
• C) refining business formats
• D) enforcing contract requirements
• E) motivating both sides to improve

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Definitions:

Global Market Entry Strategy

A planned method of delivering goods or services to a new target market and establishing a presence in a foreign country.

International Sales

The practice of selling products or services beyond a company's domestic borders, into foreign markets.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.

Telecommunications Firm

A company that provides services in telecommunications, such as phone services, internet access, and cable TV.