Which of the Following Is True of Franchising

question 21

Multiple Choice

Which of the following is true of franchising?

• A) It provides an effective blending of skill decentralization and operational centralization.
• B) The franchisee provides market knowledge, capital, and personal involvement in management.
• C) Foreign laws and regulations are usually hostile toward franchising.
• D) It is an important form of horizontal market integration.
• E) The franchiser has little control on marketing of the products at the point of final sale.

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Definitions:

Dollar Return

The total profit or loss in dollar terms from an investment, including both capital gains and dividends or interest.

Dollar Rate

The exchange rate of a currency against the US dollar, indicating how much one US dollar is worth in the foreign currency.

Mathematical Definition

A precise and formal description of a term or concept within the realm of mathematics.

Investment

The act of allocating resources, usually money, with the expectation of achieving a gain or profit over time.