The Five Key Competitive Priorities Include Cost,quality,_______,flexibility,and Service

question 36

Short Answer

The five key competitive priorities include cost,quality,_______,flexibility,and service.

---

Definitions:

Franchise Fee

An initial payment made by a franchisee to a franchisor for the rights to use the franchisor's brand, system, and ongoing support.

Initial Investment Fee

The upfront sum of money required to start a business venture, franchise, or investment opportunity.

Ongoing Payments

Recurring payments that are made on a regular basis for a service or product.

Royalty Fee

A payment made by one party (the licensee) to another (the licensor) for the ongoing use of an asset, typically intellectual property.