Which of the Following Is Not an Advantage of Franchising

question 25

Multiple Choice

Which of the following is not an advantage of franchising to the franchisee

• A) No entry cost
• B) Availability of management expertise
• C) Product acceptance
• D) Knowledge of the market

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Definitions:

Low-Cost Provider

A business strategy focusing on offering goods or services at the lowest possible price to gain competitive advantage.

HR Practice

Human Resource practices involve the strategies, policies, and methods implemented by an organization to manage its workforce effectively.

Compensation Plans

Schemes or strategies for rewarding employees financially based on their performance, position, or tenure.

Inimitable Corporate Culture

A unique set of behaviors, values, and practices within a company that cannot be easily replicated by competitors.