A Potential Franchisee Should Seek Answers to All of the Following

question 83

Multiple Choice

A potential franchisee should seek answers to all of the following questions while assessing the financial stability of the franchisor,except:

• A)How many franchises are in the organization?
• B)Are most of the profits of the franchise a function of fees from the sale of franchises or from royalties based on profits of franchisees?
• C)What are the chances of further expansion of the company?
• D)Does the franchisor have management expertise in production,finance,and marketing?

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Definitions:

Spatial Information

Data or details that relate to the position, area, and size of things within a given space.

Persuasive

Text or speech aimed at convincing the reader or listener to adopt a particular opinion or carry out a specific action.

Trademarking

The process of legally registering a brand name, logo, or slogan to protect it from being used without permission.

Comparative Analyses

The process of examining two or more items to evaluate their similarities and differences.