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.

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Definitions:

Frustration

An emotional response to opposition, related to anger, annoyance, and disappointment, often stemming from unmet needs or unresolved problems.

Incompatible Motivations

Desires or goals that conflict with one another, making it challenging to pursue or achieve both simultaneously.

Cumulative Hassles

Minor everyday problems and annoyances that build up over time, potentially impacting mental health and well-being.

PTSD

Post-Traumatic Stress Disorder, a mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.