According to the Textbook, the Main Disadvantage of Buying a Franchise

question 65

Multiple Choice

According to the textbook, the main disadvantage of buying a franchise is ________.

• A) franchise organizations typically grow slower than non-franchise organizations in the same industry
• B) franchisors typically provide poor levels of support
• C) the cost involved
• D) the service sector of the U.S. economy is waning in importance
• E) franchising is waning in its popularity

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Definitions:

Well-Being

A state of being comfortable, healthy, or happy, often used in economic terms to refer to the economic welfare or quality of life of individuals or societies.

Government Policy

Refers to the actions or inaction of a government intended to influence or control economic, social, or political matters.

Adverse Events

Unintended and generally negative outcomes or occurrences associated with a particular process, treatment, or action.

Borrow And Lend

The process of obtaining funds (borrowing) from another party with the obligation to return the funds often with interest (lending).