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.

---

Definitions:

Archetypes

Universal, symbolic images that appear across cultures and literature, representing fundamental human motifs or patterns.

Self-efficacy

The belief in one's abilities to organize and execute the courses of action required to manage prospective situations.

Reciprocal Determinism

Bandura’s explanation of how the factors of environment, personal characteristics, and behavior can interact to determine future behavior.

Locus of Control

The tendency for people to assume that they either have control or do not have control over events and consequences in their lives.