Which of the Following Is an Advantage of Franchising

question 17

Multiple Choice

Which of the following is an advantage of franchising?

• A) A firm takes profits out of one country to support competitive attacks in another.
• B) A firm is relieved of many of the costs and risks of opening a foreign market on its own.
• C) It guarantees consistent product quality and achieves experience curve and location economies.
• D) It improves the firm's ability to take profits out of one country to support competitive attacks in another.

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Definitions:

Phorid Flies

Phorid flies are small insects known for their distinctive humpbacked appearance and are often found in decaying organic matter.

Parasitoids

Parasitoids are organisms, primarily insects, that lay their eggs on or in the bodies of other organisms (the host), leading to the eventual death of the host post-infestation.

Invasive

An invasive species refers to non-native plants, animals, or pathogens that spread rapidly in new environments, often disrupting local ecosystems and causing harm to native species and habitats.

Ants

Small insects that live in highly organized colonies, often exhibiting complex social behaviors.