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:

Gist

The main or essential part of a matter; the core idea or summary of information.

Elaboration

The process of adding more detail or information to something, often to clarify or enhance understanding.

Short-term Span

The capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.

Infantile Amnesia

The inability of adults to recall memories from early childhood, typically before the age of 3 or 4.