According to the Text,the Most Important Reason Why Franchisors Adopt

question 23

Multiple Choice

According to the text,the most important reason why franchisors adopt franchise channels is:

• A) Capital advantages
• B) Obtain needed training from franchisees
• C) Potential to reduce distribution costs
• D) Reduce uncertainty
• E) Possible high level of managerial motivation fostered by franchising

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Definitions:

Financial Ratio

A measurement that evaluates the performance, liquidity, or financial health of a company by comparing two pieces of financial data.

Performance Assessment

The process of evaluating the efficiency, effectiveness, and quality of an individual's or organization's work.

Best Practice Accreditation

Recognition awarded to organizations or individuals that meet superior industry standards and demonstrate excellence in their field of work.

Positives and Negatives

Referring to the favorable and unfavorable aspects of a situation or decision.